Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 29th July, 2026: Cognizant on Wednesday reported a marginal decline in net income for the second quarter ended June 30, 2026, while narrowing its full-year revenue growth guidance amid an evolving business environment.
The US-based IT services company posted a net income of USD 636 million, compared with USD 645 million in the corresponding quarter of the previous year.
Despite the slight decline in profit, revenue increased 4.5 per cent year-on-year to USD 5.48 billion, driven by double-digit growth in its financial services segment.
Headquartered in Teaneck, New Jersey, Cognizant follows the January–December financial year and has a majority of its global workforce based in India.
The company also revised its full-year revenue growth outlook downward, reflecting a more cautious business forecast despite continued growth in key segments during the second quarter.