Cognizant reports second quarter 2026 financial results
Revenue rose 4.5% to $5.5B, adjusted EPS increased 4.6% to $1.37, and financial services revenue grew 12%.
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AI and technology services company
cognizant.comLast updated
In short: Cognizant reported a 4.5% Q2 revenue increase to $5.5 billion, trimmed its annual guidance, and expanded its strategic AI partnerships.
Revenue rose 4.5% to $5.5B, adjusted EPS increased 4.6% to $1.37, and financial services revenue grew 12%.
The unit provides advisory, engineering, and delivery capabilities to help enterprises build and deploy agentic AI solutions across Europe, Middle East, Africa.
The five-year engagement will use AI and automation to transform Novartis's global IT operations, improving efficiency and reducing complexity.
The collaboration addresses the gap between AI capability and enterprise adoption, with Claude integrated into industry platforms and workforce training.
The development comes as major technology companies increasingly focus on establishing internal safeguards alongside the rapid expansion of AI capabilities.
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