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Annual Report

We’re helping our clients navigate a new, more disciplined phase of growth.

Amid hyper-competition and a continued digital revolution, we’re helping businesses build meaningful relevance—the kind that resonates with customers, employees and communities. 
We’re engineering intuitive business models that get more value from technology, deliver better experiences, shorten time to market and maximize data. 
We’re applying advanced technology and our associates are helping clients reexamine core strategies to reveal the next best step earlier. Even as they embrace new economic realities.
And despite volatile shifts, we're helping businesses find the dynamism they need to not only endure the change, but excel in it.

When you engineer intuition into your business, a mindset shift happens across experience, process and technology—one that speeds adaptation even amid disruption.

The key to perpetual business relevance

Discover why engineering intuition into your business turns awareness, intelligence and experience into precise decision making.

aerial view of an open room with colleagues engage in a discussion

At Cognizant we are committed to making a positive impact on what matters most.


During 2022, we continued to enhance our digital portfolio, strengthen our international presence and brand, streamline delivery capabilities and invest in our talent to drive greater relevance for our company and our clients.



5.0% growth Y/Y (as reported)
7.5% growth Y/Y (constant currency)*

GAAP and adjusted operating margin*


Share repurchases and dividends


Capital deployed on acquisitions


Cash flow from operations


Free cash flow*


*Constant currency revenue growth, adjusted operating margin and free cash flow are not measurements of financial performance prepared in accordance with GAAP. See “Non-GAAP Financial Measures” in our 10-K, pages 34-36, for more information and a reconciliation to the most directly comparable GAAP financial measure, as applicable.