Cognizant Q2 Revenue Rises 4.5% to $5.48 Billion

Cognizant reported a 4.5% year-on-year revenue growth for Q2 2026, reaching $5.48 billion, meeting market expectations despite a cooling trend in AI-led deal momentum.

The IT firm has trimmed its full-year fiscal outlook, citing cautious discretionary spending by clients as the primary factor for the revised growth projections.

Management noted that while demand remains steady, the company is focusing on operational efficiency to navigate the current environment of reduced tech spending across major global markets.