Cognizant (CTSH) said its 2026 adjusted operating margin guidance growth is increased to 16.0% to 16.2%, year-over-year expansion of 20 to 40 basis points compared to prior guidance of 10 to 30 basis points of expansion. Constant currency revenue growth guidance is unchanged at 4.0% to 6.5%. Full-year 2026 adjusted EPS is expected to be in the range of $5.63 to $5.77, growth of 7% to 9%. The company expects second quarter revenue to be $5.45 to $5.52 billion, growth of 3.8% to 5.3%, or 3.2% to 4.7% in constant currency.
First quarter net income was $662 million compared to $663 million, prior year. EPS was $1.39, increased 3.7% year-over-year. Adjusted EPS was $1.40 increased 13.8%. Adjusted Operating Margin was 15.6%, increased 10 basis points year-over-year. Revenue was $5.4 billion, up 5.8% from last year, or 3.9% in constant currency.
In pre-market trading on NasdaqGS, Cognizant shares are down 4.75 percent to $52.50.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.