Navigating Change: Cognizant's AI-Driven Growth Amidst Economic Challenges

Navigating Change: Cognizant's AI-Driven Growth Amidst Economic Challenges

Navigating Change: Cognizant's AI-Driven Growth Amidst Economic Challenges US-based IT leader Cognizant has reported a substantial 53% decline in its net income for Q3 2025, amounting to USD 274 million. The drop is attributed to a one-time, non-cash income tax expense of USD 390 million, linked to the enactment of the One Big Beautiful Bill Act in the United States.Despite the profit dip, the company's revenues rose 7.3% year-over-year to USD 5…

Cognizant Q3 Results: Net Income Falls 53% To $274 Million; Revenue Rises 7.3% To $5.4 Billion

US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a 53% drop in net income for Q3 2025 to $274 million, hit by a one-time, non-cash income tax expense of $390 million.