Cognizant Q3 revenue rises 4.6% to $5.7 billion; adjusted EPS up 7.2% to $1.49

Cognizant reported third-quarter 2026 revenue of $5.7 billion, up 4.6% year over year, and GAAP diluted EPS of $1.39 versus $0.56 a year earlier, which included a one-time tax charge. The company revised its 2026 constant currency revenue growth guidance to 4.0% to 4.4% and its adjusted diluted EPS guidance to $5.72 to $5.79, while Project Leap costs are now estimated at $180 million to $250 million, and third-quarter bookings fell 7%.

Key points

• Q3 2026 revenue of $5,664 million, up 4.6% year over year (4.8% in constant currency); GAAP operating margin 15.4%, down 60 basis points
• Adjusted diluted EPS of $1.49, up 7.2%; adjusted operating margin 16.3%, up 30 basis points
• 2026 adjusted diluted EPS guidance revised to $5.72 to $5.79, growth of 8% to 10%; full-year reported revenue expected at $22.05 billion to $22.14 billion
• Project Leap total costs now estimated at $180 million to $250 million; Q3 bookings declined 7%, trailing-twelve-month bookings rose 4% to $28.7 billion

The filing

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.