Cognizant Q1 revenue rises 7.5% to $5.1 billion; full-year guidance unchanged
Cognizant reported first-quarter 2025 revenue of $5.1 billion, up 7.5% year over year and above the high end of its guidance range, with GAAP diluted EPS of $1.34, up 22%. The company left its 2025 revenue and adjusted EPS guidance unchanged, and it plans to return about $1.7 billion to shareholders this year through buybacks and dividends. Q1 bookings fell 7%, though trailing-twelve-month bookings rose 3%.
Key points
- Q1 2025 revenue was $5,115 million, up 7.5% year over year (8.2% in constant currency).
- GAAP diluted EPS was $1.34, up from $1.10; adjusted diluted EPS was $1.23, up 10%, after excluding a $62 million gain on sale of an office complex in India.
- Full-year 2025 revenue guidance of $20.5 billion to $21.0 billion and adjusted diluted EPS guidance of $4.98 to $5.14 are unchanged.
- Q1 bookings declined 7% year over year; trailing-twelve-month bookings rose 3% to $26.7 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.