Cognizant has reported strong fourth-quarter and full-year 2025 financial results, exceeding its guidance on revenue, margins and earnings, supported by steady demand for AI-led digital services and large deal wins. The company posted fourth-quarter revenue of $5.3 billion, up 4.9 per cent year-on-year, or 3.8 per cent in constant currency. Full-year revenue rose 7 per cent to $21.1 billion, while operating margin improved to 16.1 per cent, an expansion of 140 basis points over the previous year. Full-year GAAP earnings per share stood at $4.56, with adjusted EPS rising 11 per cent to $5.28.
Trailing twelve-month bookings grew 5 per cent to $28.4 billion, driven by a 9 per cent rise in the fourth quarter. Cognizant signed 28 large deals during the year, including 12 in the final quarter. The company said it plans to return $1.6 billion to shareholders in 2026 through dividends and share buybacks, and raised its quarterly dividend by 6.5 per cent. For 2026, Cognizant forecast constant-currency revenue growth of 4 to 6.5 per cent and further margin expansion.
The results are positive for eastern India, including Kolkata, where demand for IT services remains steady across banking, healthcare and retail clients. Strong global deal momentum and continued AI investments are expected to support hiring stability and delivery growth from Kolkata and nearby technology hubs, even amid cautious enterprise spending.
