The company said revenue for Q3 2026 was $5,664 million, up 4.6% year over year. It said its GAAP operating margin was 15.4% and its Adjusted Operating Margin was 16.3%.

1. 01

   The company said revenue for Q3 2026 was $5,664 million, up 4.6% year over year. It said its GAAP operating margin was 15.4% and its Adjusted Operating Margin was 16.3%.

2. 02

   Cognizant said GAAP diluted EPS for Q3 was $1.39 ($0.56 in the year-earlier quarter), and Adjusted diluted EPS was $1.49 ($1.39 a year earlier). The company said GAAP EPS for Q3 reflected a one-time, non-cash income tax charge of $0.80.

3. 03

   The company set its full-year constant currency revenue growth outlook at 4.0% to 4.4% and its Adjusted Diluted EPS outlook at $5.72 to $5.79. It expects total Project Leap costs of $180 million to $250 million, of which $140 million to $160 million will be incurred in 2026, the company said.

4. 04

   The company said operating cash flow for 2026 January–September was $1,836 million and free cash flow was $1,582 million. It said it repurchased 4.9 million shares for $258 million in Q3, and that the remaining authorization under its share repurchase program as of September 30, 2026 was $2.1 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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