Cognizant’s bookings, representing the total value of new contracts, fell 7% year over year in the third quarter. The decline followed a 6% drop in the second quarter, indicating a sequential continuation of weaker new contract signings.
Key facts
Cognizant's trailing 12-month bookings were $28.7 billion, up 4% year over year. source
Cognizant's Q3 2026 bookings fell 7% year over year, following a 6% decline in Q2. source