Cognizant Reports First Quarter 2025 Results

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[{"type":"text","content":"Revenue of $5.1 billion increased 7.5% year-over-year or 8.2% in constant currency1, above the high end of our guidance rangeOperating margin of 16.7% increased 210 basis points year-over-year; Adjusted Operating Margin1 of 15.5% increased 40 basis points year-over-yearGAAP EPS of $1.34 increased 22% year-over-year; Adjusted EPS of $1.23 increased 10% year-over-yearTrailing 12-month bookings of $26.7 billion increased 3% year-over-yearReturned $364 million to shareholders through share repurchases and dividends; Planned return of $1.7 billion for 20252025 constant currency revenue growth guidance is unchanged at 3.5% to 6.0%2025 Adjusted Operating Margin guidance is unchanged at 15.5% to 15.7%, expansion of 20 to 40 basis points year-over-yearTEANECK, N.J., April 30, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its first quarter 2025 financial results.\n\n \n \n\n\n\n\n\n\n \n\"We started the year on a strong note, delivering revenue and adjusted operating margin ahead of our expectations, reflecting our steadfast focus on the execution of our strategy over the last several years,\" said Ravi Kumar S, Chief Executive Officer. \"The breadth and depth of our portfolio, combined with our deep industry and domain expertise, position us well as a strategic partner for clients in an increasingly complex macroeconomic environment. Today, productivity, cost reduction and resiliency are especially important, and we believe our differentiated AI and platform capabilities are helping clients navigate the near-term uncertainty while embarking on longer-term AI-led transformation.\"\n$ in millions, except per share data\nQ1 2025\nQ1 2024\nRevenue\n$5,115\n$4,760\nY/Y Change\n7.5 %\n(1.1 %)\nY/Y Change CC1\n8.2 %\n(1.2 %)\nGAAP Operating Margin\n16.7 %\n14.6 %\nAdjusted Operating Margin1\n15.5 %\n15.1 %\nGAAP Diluted EPS\n$1.34\n$1.10\nAdjusted Diluted EPS1\n$1.23\n$1.12\nOur recently completed acquisitions contributed approximately 400 basis points to the 2025 year-over-year revenue growth.\nIn the first quarter of 2025, our GAAP operating margin was positively impacted by 120 basis points, or $62 million, from the gain on the sale of an office complex in India. \n\"Our first quarter performance reflects strong operational rigor in a period of elevated uncertainty....

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