Cognizant Q2 revenue $5.5B (+4.5% YoY); raises FY2026 adjusted EPS guidance to $5.70-$5.82

COGNIZANT TECHNOLOGY SOLUTIONS CORP

GAAP EPS $1.36 (+3.8% YoY); adjusted EPS $1.37 (+4.6% YoY); adjusted operating margin 16.0% (+40 bps).
Financial Services revenue grew 12% YoY (CC 11.7%), second consecutive quarter of double-digit growth.
Trailing 12-month bookings $29.1B, up 5% YoY; Q2 share repurchases $1.1B, dividends $157M ($0.33/share).
FY2026 constant-currency revenue growth guidance revised to 4.0%-5.5%; adjusted EPS guidance raised to $5.70-$5.82.
Cash from operations $558M; free cash flow $459M; total employees 356,700, down 900 QoQ but up 12,900 YoY.

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