Cognizant Technology Solutions Corp Class A

CTSH: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Cognizant Earnings: Industry-Leading Growth Comes From Large Deals and Focus on AI

Luke Yang

Oct 29, 2025

Cognizant's solid 7% third-quarter revenue growth is a result of broad-based strength across all four operating segments. Adjusted operating margin expanded 40 basis points sequentially to a three-year high of 16%, mainly driven by AI-based efficiency gains and disciplined expense management.

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Cognizant Technology Solutions Corp Class A

Cognizant Earnings: Industry-Leading Growth Comes From Large Deals and Focus on AI

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