secwatch.observer — SEC 8-K summary
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Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001058290-26-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognizant reports Q1 revenue $5.4B (+5.8% YoY), adj. EPS $1.40 (+13.8%), raises margin outlook
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- Revenue $5.4B, up 5.8% YoY (3.9% CC); GAAP EPS $1.39 (+3.7%), adj. EPS $1.40 (+13.8%).
- Trailing 12-month bookings $29.6B (+11%); Q1 bookings up 21% with 7 large deals signed.
- FY 2026 constant-currency revenue guidance unchanged at 4.0%-6.5%; adj. op. margin guidance raised to 16.0%-16.2%, expansion of 20-40 bps.
- Q1 operating cash flow $274M, free cash flow $198M; returned $603M via dividends ($159M) and buybacks ($444M).
- Employees 357,600, +6K QoQ; voluntary tech attrition 12.3%; Financial Services led segment growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829026000015/0001058290-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829026000015/ctsh-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001058290-26-000015

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