Products and resources revenue grew 1%, reflecting inorganic contributions from recently completed acquisitions and continued strength among logistics, utility, and travel and hospitality customers.

May 3, 2023 / receipt, needs a key / Ravi Kumar, CEO | earnings call 2023-05-03 | transcript 5b40ecf7-7af7-4bfb-ba6a-81ccfbf29471 | chars 22119-22317 | segment 22

And here we obviously saw the North American challenge to grow our headcount and initiatives in place from funding and ensuring we have full capacity of hiring in place to focusing on the full fledge of resources available to us, including the utilization of subcontractors. accelerating visa travel and increasing employee referral programs.

Nov 2, 2022 / receipt, needs a key / erica, other | earnings call 2022-11-02 | transcript 770c7db0-0a39-48bb-adf7-0dc35fae3901 | chars 35129-35471 | segment 35

To reverse this trend, we have already initiated a series of actions that are intended to increase U.S. onshore billable resources, including enhanced focus on lateral hires and subcontractors, accelerated visa travel, and targeted compensation programs.

Nov 2, 2022 / receipt, needs a key / Brian Humphreys, CEO | earnings call 2022-11-02 | transcript 770c7db0-0a39-48bb-adf7-0dc35fae3901 | chars 2686-2940 | segment 2

Yeah, so I'd be excited about talking about next year in the next quarter, and I'm not expecting any meaningful increase in my travel expense for this quarter, but to be a little bit more forthcoming.

Oct 27, 2021 / receipt, needs a key / Brian, CEO | earnings call 2021-10-27 | transcript c27d3e80-3ee4-491a-87ae-15ef71a48c2c | chars 46522-46722 | segment 47

Currently, almost all of our associates are working from home, and business travel remains on an exception-only basis.

May 5, 2021 / receipt, needs a key / Brian Humphries, CEO | earnings call 2021-05-05 | transcript e035e843-3338-4504-9622-76bee7608eda | chars 3531-3649 | segment 3

On a year-over-year basis, adjusted operating margin improved approximately 10 basis points, reflecting lower travel and entertainment expenses, savings from our cost initiatives in 2020, and lower immigration costs.

May 5, 2021 / receipt, needs a key / Jan, CFO | earnings call 2021-05-05 | transcript e035e843-3338-4504-9622-76bee7608eda | chars 17213-17429 | segment 17

As Jan pointed out, T&E expectations in the second half of the year are lower than previously anticipated. So that will temper some of the downsides.

May 5, 2021 / receipt, needs a key / Brian, CEO | earnings call 2021-05-05 | transcript e035e843-3338-4504-9622-76bee7608eda | chars 33971-34120 | segment 34

Savings from our Fit for Growth program lower T&E and favorable movement in the rupee partially offset this pressure.

Feb 3, 2021 / receipt, needs a key / Jan, CFO | earnings call 2021-02-03 | transcript 7c537651-5cc7-4018-823f-756e51bd2bd9 | chars 20799-20916 | segment 21

We continue to prioritize the health and safety of all our associates and remain in a work-from-home and restricted travel posture, with only limited exceptions.

Oct 28, 2020 / receipt, needs a key / Brian Humphreys, CEO | earnings call 2020-10-28 | transcript fcde1827-97b4-43d1-a848-05cbc9bc0c7a | chars 4579-4740 | segment 4

Adjusted operating margin was down 140 basis points year-over-year, primarily driven by higher incentive-based compensation and the dilutive impact of our recently completed acquisitions, which more than offset savings from our Fit for Growth program, lower T&E expense, and the favorable movement in the rupee.

Oct 28, 2020 / receipt, needs a key / Jan, CFO | earnings call 2020-10-28 | transcript fcde1827-97b4-43d1-a848-05cbc9bc0c7a | chars 20300-20611 | segment 20

The practical implications of business are consequential and go well beyond the return to office timelines. business continuity planning, the question of the shift to virtual agile, or questions about the future of business travel or commercial real estate policies, both of which I believe will be changed forever.

Jul 29, 2020 / receipt, needs a key / Brian Hummel, CEO | earnings call 2020-07-29 | transcript 5c88b4d2-8ade-45fe-83e5-1d632f643af1 | chars 13802-14117 | segment 14

Adjusted operating margin was down 200 basis points year over year, due to 140 basis point impact from ransomware, including both the revenue and the cost impact, which together with higher incentive-based compensation and lower revenue offset savings from items such as lower T&E and the favorable movement in the rupee.

Jul 29, 2020 / receipt, needs a key / Karen, CEO | earnings call 2020-07-29 | transcript 5c88b4d2-8ade-45fe-83e5-1d632f643af1 | chars 26551-26872 | segment 26

I am deeply grateful to our over 350,000 employees who helped make 2025 a defining year for Cognizant in which we put our AI builder strategy in motion and returned to the ‘winner’s circle’ two years

ir_statement / Sep 14, 2026 / receipt

In 2025, revenue from our acquisition of Belcan contributed approximately 2.6 percentage points to year-over-year revenue growth, including approximately 9.6 percentage points of growth to our Product

ir_statement / Sep 14, 2026 / receipt

We have invested in our talent, strengthened our partnership ecosystem and advanced our AI platforms to help clients scale AI across the enterprise.

ir_statement / Sep 14, 2026 / receipt

combining top-tier revenue growth with 50 basis points of expanded adjusted operating margin

ir_statement / Sep 14, 2026 / receipt

Our initial 2026 guidance reflects sustained momentum, backed by our commitment to advancing our strategic investments aimed at accelerating our AI-led growth strategy.

ir_statement / Sep 14, 2026 / receipt

Our guidance anticipates a pre-tax benefit of approximately ($0.18) per diluted share with a corresponding tax expense of approximately $0.05 per diluted share for the full year 2026.

ir_statement / Sep 14, 2026 / receipt

Thus, in the second quarter of 2026, management recorded a benefit of $81 million in "Selling, general and administrative expenses" in our unaudited consolidated statement of operations.

ir_statement / Sep 14, 2026 / receipt

We expect to incur costs of $230 million to $320 million in connection with Project Leap, with substantially all of the costs expected to be incurred in 2026.

ir_statement / Sep 14, 2026 / receipt

GAAP and Adjusted operating margin expansion of 30 bps and 40 bps year-over-year, respectively

ir_statement / Sep 14, 2026 / receipt

Over $1.3 billion deployed on share repurchases and dividends

ir_statement / Sep 14, 2026 / receipt

Seven large deals1 signed including three new logos

ir_statement / Sep 14, 2026 / receipt

20 to 40 basis points Y/Y expansion

ir_statement / Sep 14, 2026 / receipt