CTSH · News · 20261029N
Income Tax Expense
COGNIZANT TECHNOLOGY SOLUTIONS CORP · 2026-10-29 · Importance 55 · Surprise 82
Third-quarter 2026 net income rose to $627 million from $274 million a year earlier, a year-over-year increase of more than 10%. The comparison was largely affected by a one-time, non-cash $390 million income tax expense recorded in third-quarter 2025. Cognizant reported third-quarter 2026 GAAP EPS of $1.39, up 148% year over year.
Key facts
- Cognizant's Q3 2025 results included a one-time non-cash income tax expense of $390 million. source