Cognizant(US:CTSH)2025-04-30 20:05Financial Performance - Cognizant's Q1 2025 revenue reached $5115 million, a 7.5% increase year-over-year as reported, or 8.2% in constant currency[5] - The company's GAAP diluted EPS for Q1 2025 was $134, compared to $110 in Q1 2024[7] - Cognizant's GAAP operating margin increased to 167% in Q1 2025, up from 146% in Q1 2024[9] - Operating cash flow for Q1 2025 was $400 million, a significant increase from $95 million in Q1 2024[11] - Free cash flow for Q1 2025 was $393 million, compared to $16 million in Q1 2024, which includes a $70 million positive impact from the sale of property and equipment[11, 48] Segment Performance - Health Sciences revenue reached $1571 million in Q1 2025, a 109% increase year-over-year, or 114% in constant currency[18] - Financial Services revenue was $1462 million in Q1 2025, a 56% increase year-over-year, or 65% in constant currency[18] - Products & Resources revenue was $1278 million in Q1 2025, a 128% increase year-over-year, or 136% in constant currency, with acquisitions contributing approximately 15 percentage points to this growth[18, 19] - Communications, Media & Technology revenue was $804 million in Q1 2025, a 27% decrease year-over-year, or 19% in constant currency[18] Bookings and Guidance - Trailing twelve-month bookings reached $267 billion, a 3% increase year-over-year, representing a book-to-bill ratio of 13x[44] - The company projects full-year 2025 revenue to be approximately $205 to $210 billion, representing a 39% to 64% year-over-year increase, or 35% to 60% in constant currency[49]