Cognizant Technology Solutions Corporation
CTSHFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
19,736
Cost of Revenue
12,958
Gross Profit
6,778
Gross Margin
34.3%
Operating Income
2,892
Operating Margin
14.7%
Net Income
2,240
Net Margin
11.3%
EPS (Basic)
$4.52
EPS (Diluted)
$4.51
EBITDA
3,534
EBITDA Margin
17.9%
2023
12/31/2023
Revenue
19,353
Cost of Revenue
12,664
Gross Profit
6,689
Gross Margin
34.6%
Operating Income
2,689
Operating Margin
13.9%
Net Income
2,126
Net Margin
11.0%
EPS (Basic)
$4.21
EPS (Diluted)
$4.21
EBITDA
3,383
EBITDA Margin
17.5%
2022
12/31/2022
Revenue
19,428
Cost of Revenue
12,448
Gross Profit
6,980
Gross Margin
35.9%
Operating Income
2,968
Operating Margin
15.3%
Net Income
2,290
Net Margin
11.8%
EPS (Basic)
$4.42
EPS (Diluted)
$4.41
EBITDA
3,604
EBITDA Margin
18.6%
2021
12/31/2021
Revenue
18,507
Cost of Revenue
11,604
Gross Profit
6,903
Gross Margin
37.3%
Operating Income
2,826
Operating Margin
15.3%
Net Income
2,137
Net Margin
11.5%
EPS (Basic)
$4.06
EPS (Diluted)
$4.05
EBITDA
3,410
EBITDA Margin
18.4%
2020
12/31/2020
Revenue
16,652
Cost of Revenue
10,671
Gross Profit
5,981
Gross Margin
35.9%
Operating Income
2,114
Operating Margin
12.7%
Net Income
1,392
Net Margin
8.4%
EPS (Basic)
$2.58
EPS (Diluted)
$2.57
EBITDA
2,679
EBITDA Margin
16.1%