Cognizant Technology Solutions (CTSH) Revenue & Revenue Breakdown


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Cognizant Technology Solutions Revenue Highlights


Latest Revenue (Y)

$19.35B

Latest Revenue (Q)

$5.04B

Main Segment (Y)

Outsourcing Services

Main Geography (Y)

North America

Cognizant Technology Solutions Revenue by Period


Cognizant Technology Solutions Revenue by Year

DateRevenueChange
2023-12-31$19.35B-0.39%
2022-12-31$19.43B4.98%
2021-12-31$18.51B11.14%
2020-12-31$16.65B-0.78%
2019-12-31$16.78B4.08%
2018-12-31$16.13B8.88%
2017-12-31$14.81B9.81%
2016-12-31$13.49B8.63%
2015-12-31$12.42B20.98%
2014-12-31$10.26B16.05%
2013-12-31$8.84B20.37%
2012-12-31$7.35B20.02%
2011-12-31$6.12B33.29%
2010-12-31$4.59B40.07%
2009-12-31$3.28B16.42%
2008-12-31$2.82B31.88%
2007-12-31$2.14B49.94%
2006-12-31$1.42B60.78%
2005-12-31$885.83M50.99%
2004-12-31$586.67M59.32%
2003-12-31$368.23M60.74%
2002-12-31$229.09M28.86%
2001-12-31$177.78M29.74%
2000-12-31$137.03M54.14%
1999-12-31$88.90M51.71%
1998-12-31$58.60M-

Cognizant Technology Solutions generated $19.35B in revenue during NA 2023, up -0.39% compared to the previous quarter, and up 120.02% compared to the same period a year ago.

Cognizant Technology Solutions Revenue by Quarter

DateRevenueChange
2024-09-30$5.04B4.00%
2024-06-30$4.85B1.89%
2024-03-31$4.76B0.04%
2023-12-31$4.76B-2.84%
2023-09-30$4.90B0.23%
2023-06-30$4.89B1.54%
2023-03-31$4.81B-0.56%
2022-12-31$4.84B-0.37%
2022-09-30$4.86B-1.00%
2022-06-30$4.91B1.66%
2022-03-31$4.83B1.03%
2021-12-31$4.78B0.70%
2021-09-30$4.74B3.47%
2021-06-30$4.58B4.18%
2021-03-31$4.40B5.19%
2020-12-31$4.18B-1.39%
2020-09-30$4.24B6.08%
2020-06-30$4.00B-5.33%
2020-03-31$4.22B-1.38%
2019-12-31$4.28B0.85%
2019-09-30$4.25B2.58%
2019-06-30$4.14B0.75%
2019-03-31$4.11B-0.46%
2018-12-31$4.13B1.25%
2018-09-30$4.08B1.80%
2018-06-30$4.01B2.40%
2018-03-31$3.91B2.19%
2017-12-31$3.83B1.65%
2017-09-30$3.77B2.62%
2017-06-30$3.67B3.50%
2017-03-31$3.55B2.43%
2016-12-31$3.46B0.25%
2016-09-30$3.45B2.47%
2016-06-30$3.37B5.24%
2016-03-31$3.20B-0.94%
2015-12-31$3.23B1.43%
2015-09-30$3.19B3.30%
2015-06-30$3.09B5.97%
2015-03-31$2.91B6.17%
2014-12-31$2.74B6.25%
2014-09-30$2.58B2.54%
2014-06-30$2.52B3.91%
2014-03-31$2.42B2.84%
2013-12-31$2.36B2.16%
2013-09-30$2.31B6.69%
2013-06-30$2.16B6.95%
2013-03-31$2.02B3.72%
2012-12-31$1.95B2.99%
2012-09-30$1.89B5.37%
2012-06-30$1.80B4.90%
2012-03-31$1.71B2.86%
2011-12-31$1.66B3.92%
2011-09-30$1.60B7.79%
2011-06-30$1.49B8.31%
2011-03-31$1.37B4.63%
2010-12-31$1.31B7.70%
2010-09-30$1.22B10.11%
2010-06-30$1.11B15.15%
2010-03-31$959.72M6.31%
2009-12-31$902.72M5.77%
2009-09-30$853.49M9.90%
2009-06-30$776.59M4.12%
2009-03-31$745.86M-0.95%
2008-12-31$753.04M2.49%
2008-09-30$734.73M7.19%
2008-06-30$685.43M6.58%
2008-03-31$643.11M-

Cognizant Technology Solutions generated $5.04B in revenue during Q3 2024, up 4.00% compared to the previous quarter, and up 103.23% compared to the same period a year ago.

Cognizant Technology Solutions Revenue Breakdown


Cognizant Technology Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Outsourcing Services$7.39B----
Communication, Media and Technology-$3.16B$2.84B$2.48B$2.45B
Health Sciences-$5.63B---
Financial Services-$6.07B$6.05B$5.62B$5.87B
Products and Resources-$4.57B$4.28B$3.70B$3.77B
Healthcare Segment--$5.34B$4.85B$4.70B

Cognizant Technology Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Outsourcing Services (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Communication, Media and Technology$816.00M$816.00M$826.00M$806.00M$785.00M$784.00M$783.00M$816.00M$776.00M$744.00M$739.00M$703.00M$657.00M$661.00M$616.00M$580.00M$626.00M$632.00M--
Financial Services$1.49B$1.45B$1.39B$1.46B$1.48B$1.48B$1.52B$1.54B$1.53B$1.55B$1.54B$1.50B$1.46B$1.30B$1.47B$1.40B$1.45B$1.47B--
Products and Resources$1.23B$1.13B$1.13B$1.18B$1.12B$1.15B$1.15B$1.14B$1.13B$1.12B$1.11B$1.05B$998.00M$948.00M$927.00M$867.00M$954.00M$963.00M--
Outsourcing Services--$1.80B$5.51B$1.88B---------------
Health Sciences-----$1.44B$1.43B$1.43B$1.41B$1.41B----------
Healthcare Segment----------$1.39B$1.37B$1.35B$1.32B$1.29B$1.27B$1.23B$1.16B$1.19B$1.22B

Cognizant Technology Solutions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Financial Services (42.10%), Products and Resources (34.79%), and Communication, Media and Technology (23.12%).

Cognizant Technology Solutions Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 18
Rest of World$1.30B-
Europe$3.79B$2.84B
Europe, excluding United Kingdom$1.91B$1.56B
North America$14.26B$12.29B
Other Regions-$995.00M

Cognizant Technology Solutions's latest annual revenue breakdown by geography, as of Dec 23: North America (67.08%), Europe (17.84%), Europe, excluding United Kingdom (8.98%), and Rest of World (6.10%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Mar 20Sep 18Jun 18Mar 18
Other Regions$342.00M$316.00M$55.00M$57.00M$53.00M----
Europe$1.45B$1.38B$939.00M$2.82B$970.00M$774.00M$199.00M$198.00M$196.00M
North America$3.73B$3.62B$3.52B$10.66B$3.60B$3.19B$609.00M$585.00M$572.00M
Europe, excluding United Kingdom--$483.00M$1.43B$484.00M$437.00M$109.00M$109.00M$109.00M
Rest of World--$300.00M$968.00M$328.00M$261.00M---

Cognizant Technology Solutions's latest quarterly revenue breakdown by geography, as of Sep 24: North America (67.55%), Europe (26.26%), and Other Regions (6.19%).

Cognizant Technology Solutions Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
WITWipro$897.60B$222.08B
ACNAccenture$64.90B$16.47B
CDWCDW$21.38B$5.52B
CTSHCognizant Technology Solutions$19.35B$5.04B
FISVFiserv$19.09B$5.21B
LDOSLeidos$15.44B$4.19B
CACICACI$7.66B$2.06B
BRBroadridge Financial Solutions$6.51B$1.73B
ITGartner$5.91B$1.60B
JKHYJack Henry & Associates$2.20B$537.72M
EXLSExlService$1.63B$472.07M
FISFidelity National Information Services-$2.49B

CTSH Revenue FAQ


Cognizant Technology Solutions's yearly revenue for 2023 was $19.35B, representing a decrease of -0.39% compared to 2022. The company's yearly revenue for 2022 was $19.43B, representing an increase of 4.98% compared to 2021. CTSH's yearly revenue for 2021 was $18.51B, representing an increase of 11.14% compared to 2020.

Cognizant Technology Solutions's quarterly revenue for Q3 2024 was $5.04B, a 4.00% increase from the previous quarter (Q2 2024), and a 3.00% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.85B, a 1.89% increase from the previous quarter (Q1 2024), and a -0.74% decrease year-over-year (Q2 2023). CTSH's quarterly revenue for Q1 2024 was $4.76B, a 0.04% increase from the previous quarter (Q4 2023), and a -1.08% decrease year-over-year (Q1 2023).

Cognizant Technology Solutions's revenue growth rate for the last 3 years (2021-2023) was 4.57%, and for the last 5 years (2019-2023) was 15.31%.

Cognizant Technology Solutions's revenue streams in c 23 are Outsourcing Services

For the fiscal year ending Dec 23, the largest source of revenue of Cognizant Technology Solutions was Outsourcing Services. This segment made a revenue of $7.39B, representing 100.00% of the company's total revenue.