Cognizant Historical Income Statement

CTSH Stock

USD 68.42 0.84 1.21%

Historical analysis of Cognizant Technology income statement accounts such as Interest Expense of 43 M, Selling General Administrative of 3.5 B or Total Revenue of 20.3 B can show how well Cognizant Technology Solutions performed in making a profits. Evaluating Cognizant Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cognizant Technology's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Cognizant Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cognizant Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Cognizant Income Statement Analysis

Cognizant Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cognizant Technology shareholders. The income statement also shows Cognizant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cognizant Technology Income Statement Chart

Cognizant Technology Solutions Income Statement is one of the three primary financial statements used for reporting Cognizant's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cognizant Technology revenue and expense. Cognizant Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.

As of now, Cognizant Technology's Other Operating Expenses is increasing as compared to previous years. The Cognizant Technology's current Operating Income is estimated to increase to about 3.1 B, while Depreciation And Amortization is projected to decrease to under 260.9 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Cognizant Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cognizant Technology Solutions minus its cost of goods sold. It is profit before Cognizant Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cognizant Technology. It is also known as Cognizant Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Cognizant Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cognizant Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Gross Profit	6.9B	7.0B	6.2B	3.2B
Total Revenue	18.5B	19.4B	19.4B	20.3B

Gross Profit Total Revenue

Cognizant Technology income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Recurring
Depreciation And Amortization		0.53	0.73	0.74	0.82	0.74	0.55	0.6	0.73	0.72	0.84	0.64	0.23	0.59	0.61	0.68	0.09	0.36	0.64	0.03	0.66	0.75	0.03
Interest Expense	0.53		0.76	0.81	0.5	0.81	0.71	0.76	0.78	0.84	0.48	0.73	-0.45	0.71	0.46	0.63	0.37	0.36	0.72	0.1	0.66	0.68	-0.69
Selling General Administrative	0.73	0.76		0.99	0.87	0.99	0.78	0.97	0.99	0.98	0.87	0.97	-0.2	0.95	0.71	0.9	0.27	0.42	0.54	-0.23	0.75	0.74	-0.4
Total Revenue	0.74	0.81	0.99		0.83	1.0	0.77	0.96	0.99	1.0	0.83	0.96	-0.22	0.95	0.66	0.9	0.27	0.4	0.56	-0.23	0.8	0.8	-0.47
Gross Profit	0.82	0.5	0.87	0.83		0.83	0.65	0.84	0.87	0.79	0.99	0.87	0.05	0.82	0.84	0.9	0.28	0.5	0.55	-0.12	0.52	0.61	0.07
Other Operating Expenses	0.74	0.81	0.99	1.0	0.83		0.77	0.95	0.98	1.0	0.82	0.95	-0.21	0.94	0.65	0.89	0.26	0.4	0.56	-0.24	0.82	0.81	-0.48
Operating Income	0.55	0.71	0.78	0.77	0.65	0.77		0.76	0.77	0.77	0.66	0.75	-0.15	0.74	0.53	0.72	0.37	0.41	0.51	-0.14	0.6	0.61	-0.36
Ebit	0.6	0.76	0.97	0.96	0.84	0.95	0.76		0.98	0.94	0.82	1.0	-0.28	0.98	0.72	0.92	0.35	0.44	0.55	-0.15	0.64	0.66	-0.41
Ebitda	0.73	0.78	0.99	0.99	0.87	0.98	0.77	0.98		0.97	0.86	0.99	-0.2	0.96	0.72	0.92	0.31	0.44	0.61	-0.13	0.72	0.75	-0.38
Cost Of Revenue	0.72	0.84	0.98	1.0	0.79	1.0	0.77	0.94	0.97		0.78	0.94	-0.25	0.93	0.62	0.87	0.26	0.37	0.55	-0.25	0.84	0.82	-0.54
Total Operating Expenses	0.84	0.48	0.87	0.83	0.99	0.82	0.66	0.82	0.86	0.78		0.85	0.1	0.8	0.83	0.87	0.25	0.5	0.53	-0.15	0.54	0.61	0.09
Income Before Tax	0.64	0.73	0.97	0.96	0.87	0.95	0.75	1.0	0.99	0.94	0.85		-0.19	0.97	0.75	0.92	0.38	0.47	0.55	-0.16	0.63	0.66	-0.36
Total Other Income Expense Net	0.23	-0.45	-0.2	-0.22	0.05	-0.21	-0.15	-0.28	-0.2	-0.25	0.1	-0.19		-0.29	0.18	-0.17	0.25	0.29	-0.11	-0.03	-0.23	-0.26	0.62
Net Income	0.59	0.71	0.95	0.95	0.82	0.94	0.74	0.98	0.96	0.93	0.8	0.97	-0.29		0.6	0.95	0.21	0.27	0.45	-0.22	0.7	0.72	-0.42
Income Tax Expense	0.61	0.46	0.71	0.66	0.84	0.65	0.53	0.72	0.72	0.62	0.83	0.75	0.18	0.6		0.64	0.68	0.86	0.6	0.03	0.21	0.26	0.13
Net Income From Continuing Ops	0.68	0.63	0.9	0.9	0.9	0.89	0.72	0.92	0.92	0.87	0.87	0.92	-0.17	0.95	0.64		0.2	0.32	0.49	-0.2	0.67	0.73	-0.22
Non Operating Income Net Other	0.09	0.37	0.27	0.27	0.28	0.26	0.37	0.35	0.31	0.26	0.25	0.38	0.25	0.21	0.68	0.2		0.84	0.4	0.11	-0.12	-0.14	-0.07
Tax Provision	0.36	0.36	0.42	0.4	0.5	0.4	0.41	0.44	0.44	0.37	0.5	0.47	0.29	0.27	0.86	0.32	0.84		0.55	0.04	0.06	0.08	0.1
Interest Income	0.64	0.72	0.54	0.56	0.55	0.56	0.51	0.55	0.61	0.55	0.53	0.55	-0.11	0.45	0.6	0.49	0.4	0.55		0.56	0.33	0.54	-0.13
Net Interest Income	0.03	0.1	-0.23	-0.23	-0.12	-0.24	-0.14	-0.15	-0.13	-0.25	-0.15	-0.16	-0.03	-0.22	0.03	-0.2	0.11	0.04	0.56		-0.43	-0.16	0.23
Reconciled Depreciation	0.66	0.66	0.75	0.8	0.52	0.82	0.6	0.64	0.72	0.84	0.54	0.63	-0.23	0.7	0.21	0.67	-0.12	0.06	0.33	-0.43		0.94	-0.58
Extraordinary Items	0.75	0.68	0.74	0.8	0.61	0.81	0.61	0.66	0.75	0.82	0.61	0.66	-0.26	0.72	0.26	0.73	-0.14	0.08	0.54	-0.16	0.94		-0.44
Non Recurring	0.03	-0.69	-0.4	-0.47	0.07	-0.48	-0.36	-0.41	-0.38	-0.54	0.09	-0.36	0.62	-0.42	0.13	-0.22	-0.07	0.1	-0.13	0.23	-0.58	-0.44

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Cognizant Technology Account Relationship Matchups

Cognizant Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	905M	889M	604M	629M	519M	260.9M
Interest Expense	27M	26M	24M	9M	41M	43.1M
Selling General Administrative	3.0B	3.1B	3.5B	3.4B	3.3B	3.5B
Total Revenue	16.8B	16.7B	18.5B	19.4B	19.4B	20.3B
Gross Profit	6.1B	6.0B	6.9B	7.0B	6.2B	3.2B
Other Operating Expenses	14.1B	14.3B	15.7B	16.5B	16.4B	17.2B
Operating Income	2.5B	2.1B	2.8B	3.0B	2.9B	3.1B
Ebit	2.5B	2.1B	2.8B	3.0B	2.9B	3.1B
Ebitda	3.4B	3.0B	3.4B	3.6B	3.5B	3.6B
Cost Of Revenue	10.6B	10.7B	11.6B	12.4B	13.2B	13.8B
Total Operating Expenses	3.5B	3.7B	4.1B	4.0B	3.2B	1.8B
Income Before Tax	2.5B	2.1B	2.8B	3.0B	2.8B	2.9B
Total Other Income Expense Net	90M	(18M)	1M	48M	(157M)	(149.2M)
Net Income	1.8B	1.4B	2.1B	2.3B	2.1B	2.2B
Income Tax Expense	643M	704M	693M	730M	668M	369.8M
Net Income Applicable To Common Shares	1.8B	1.4B	2.1B	2.3B	2.6B	2.8B
Net Income From Continuing Ops	1.9B	1.4B	2.1B	2.3B	2.1B	1.6B
Non Operating Income Net Other	58M	6M	13M	71M	81.7M	50.7M
Tax Provision	643M	704M	693M	730M	666M	589.5M
Interest Income	177M	176M	119M	30M	59M	84.6M
Reconciled Depreciation	526M	559M	574M	569M	560M	586.0M

Pair Trading with Cognizant Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognizant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognizant Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cognizant Stock

0.85	G	Genpact Limited Financial Report 8th of May 2024	Pair Corr
0.8	DMRC	Digimarc	Pair Corr

Moving against Cognizant Stock

0.6	FIS	Fidelity National Financial Report 25th of April 2024	Pair Corr
0.52	FI	Fiserv Inc Earnings Call This Week	Pair Corr
0.52	DTST	Data Storage Corp	Pair Corr
0.51	WAVD	Wavedancer	Pair Corr

The ability to find closely correlated positions to Cognizant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognizant Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognizant Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognizant Technology Solutions to buy it.

The correlation of Cognizant Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognizant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognizant Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cognizant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:

How To Invest In Cognizant

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Is Cognizant Stock a good investment?

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What is Cognizant Technology's Net Worth?

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You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Cognizant Stock analysis

When running Cognizant Technology's price analysis, check to measure Cognizant Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.

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Is Cognizant Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.107

Dividend Share

1.17

Earnings Share

4.21

Revenue Per Share

38.323

Quarterly Revenue Growth

(0.02)

The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cognizant Historical Income Statement

About Cognizant Income Statement Analysis

Cognizant Technology Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cognizant Technology income statement Correlations

Cognizant Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cognizant Technology income statement Accounts

Pair Trading with Cognizant Technology

Moving together with Cognizant Stock

Moving against Cognizant Stock

Complementary Tools for Cognizant Stock analysis

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Ebit
Total Revenue	+ 0.99	Selling General Administrative
Other Operating Expenses	+ 0.99	Selling General Administrative

Non Recurring	- 0.69	Interest Expense
Non Recurring	- 0.58	Reconciled Depreciation
Non Recurring	- 0.54	Cost Of Revenue
Non Recurring	- 0.48	Other Operating Expenses
Non Recurring	- 0.47	Total Revenue
Total Other Income Expense Net	- 0.45	Interest Expense