tiprankstipranks
Cognizant Technology Solutions (CH:COZ)
NASDAQ:COZ
Switzerland Market

Cognizant (COZ) Earnings Dates, Call Summary & Reports

2 Followers

Earnings Data

Report Date
Jul 29, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
1.11
Last Year’s EPS
1.05
Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:Apr 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented multiple clear operational and strategic positives — strong bookings (21% YoY), continued revenue growth (3.9% CC), EPS growth (+14%), accelerating AI engagements and platform/IP momentum, and a structured Project LEAP program to drive future cost savings and margin expansion. Offsetting these positives were near-term execution and market pressures: a Q1 gross margin decline (-80 bps) driven by investments and comp costs, caution on discretionary spending, ACV flatness, a modest Q1 free cash flow read, and one-time costs for workforce restructuring. On balance, the company showed strategic momentum and financial discipline while acknowledging transitional costs and macro uncertainty.
Company Guidance
Management guided Q2 revenue growth of 3.2%–4.7% year‑over‑year in constant currency (including ~150 bps contribution from recent acquisitions / a partial Australia quarter) and reaffirmed full‑year revenue of 4.0%–6.5% CC (recent acquisitions expected to contribute ~150 bps), noting the midpoint assumes some improvement in discretionary spending in H2 and that large‑deal ramps plus two full quarters of Astra contribution will be meaningful late‑year drivers; they raised 2026 adjusted operating margin guidance to 16.0%–16.2% (implying ~20–40 bps YoY expansion on top of the 50 bps expansion in 2025) and gave EPS guidance of $5.63–$5.77 (7%–9% growth) on an expected diluted share count of ~473 million, with a tax rate of 25%–26%; Project LEAP is expected to deliver ~$200M–$300M of savings in 2026 (full benefit in 2027) while incurring ~$230M–$320M of one‑time 2026 costs (≈$200M–$270M severance + $30M–$50M other), with ~2/3 of savings to be reinvested and ~1/3 toward upskilling; cash/FCF guidance remains 90%–100% FCF conversion of net income and capital return plans are ~$1.6B in 2026 (≈$1.0B buybacks + remainder dividends); management cited supportive booking momentum (Q1 bookings +21%, TTM bookings +11%, book‑to‑bill 1.4) as underpinning the guidance.
Revenue Growth
Q1 revenue of $5.4 billion grew 3.9% year-over-year in constant currency, led by North America and ramp of recently won large deals.
Strong Bookings and Large Deal Momentum
Q1 bookings grew 21% year-over-year; signed 7 large deals (TCV > $100M) including 1 mega deal > $500M. Trailing 12-month bookings grew 11% with book-to-bill of 1.4.
Profitability and EPS Outperformance
Adjusted operating margin expanded for the fifth consecutive quarter to 15.6% in Q1 (+10 basis points year-over-year). Adjusted diluted EPS was $1.40, up ~14% year-over-year, outpacing revenue growth.
AI & Platform Momentum
Cognizant reported >5,000 AI engagements (up from ~4,000 in December), 40% of code is AI-assisted, AI Labs received 3 U.S. patents (65 U.S., 88 global total), and the company launched a Cognizant Innovation Network to back early-stage AI startups.
Project LEAP Savings and Margin Guidance Lift
Project LEAP expected to deliver $200M–$300M of savings in 2026 (larger benefit in 2027). Company raised 2026 adjusted operating margin guidance to 16.0%–16.2% (implying 20–40 bps of YoY expansion).
M&A and Strategic Acquisitions
Announced definitive agreement to acquire Atria (AI infrastructure, data center, workplace and network services). Recent acquisitions expected to contribute ~150 basis points to revenue growth in 2026.
Capital Allocation and Balance Sheet
Returned about $600M of capital to shareholders in Q1. Cash and short-term investments totaled $1.5B (net cash ~$949M). Full-year plan to return ~$1.6B to shareholders including $1.0B for share repurchases. Free cash flow conversion guidance remains 90%–100% of net income.
Forward Guidance
Q2 revenue growth guidance of 3.2%–4.7% YoY (constant currency); full-year revenue guidance unchanged at 4.0%–6.5% CC. EPS guidance $5.63–$5.77 (7%–9% growth).

Cognizant (CH:COZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CH:COZ Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 29, 2026
2026 (Q2)
1.11 / -
1.053
Apr 29, 2026
2026 (Q1)
1.08 / 1.13
0.98913.82% (+0.14)
Feb 04, 2026
2025 (Q4)
1.06 / 1.09
0.97311.57% (+0.11)
Oct 29, 2025
2025 (Q3)
1.05 / 1.12
1.00511.20% (+0.11)
Jul 30, 2025
2025 (Q2)
1.01 / 1.05
0.94111.97% (+0.11)
Apr 30, 2025
2025 (Q1)
0.97 / 0.99
0.9019.82% (+0.09)
Feb 05, 2025
2024 (Q4)
0.90 / 0.97
0.9492.54% (+0.02)
Oct 30, 2024
2024 (Q3)
0.92 / 1.01
0.9337.76% (+0.07)
Jul 31, 2024
2024 (Q2)
0.90 / 0.94
0.8856.36% (+0.06)
May 01, 2024
2024 (Q1)
0.89 / 0.90
0.8930.90% (<+0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CH:COZ Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 29, 2026
CHF62.32CHF62.320.00%
Feb 04, 2026
CHF62.32CHF62.320.00%
Oct 29, 2025
CHF62.32CHF62.320.00%
Jul 30, 2025
CHF62.32CHF62.320.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cognizant Technology Solutions (CH:COZ) report earnings?
Cognizant Technology Solutions (CH:COZ) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
    What is Cognizant Technology Solutions (CH:COZ) earnings time?
    Cognizant Technology Solutions (CH:COZ) earnings time is at Jul 29, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Cognizant Technology Solutions stock?
          The P/E ratio of Cognizant is N/A.
            What is CH:COZ EPS forecast?
            CH:COZ EPS forecast for the fiscal quarter 2026 (Q2) is 1.11.

              Cognizant (CH:COZ) Earnings News

              Cognizant Tanks on Dismal Q3; Major Downgrades
              Premium
              Market News
              Cognizant Tanks on Dismal Q3; Major Downgrades
              4y ago