Cognizant Technology Solutions (CTSH) 10-K Summary — Year Ended Dec 31, 2024

Cognizant Technology Solutions Corporation filed its annual report for the period ended December 31, 2024. The filing provides financial metrics and liquidity information but lacks detailed business and risk factor descriptions.

Key takeaway

Year ended Dec 31, 2024 · FY2025 10-K

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$19.7B

Revenue reported for the fiscal year.

Operating income

$2.9B

Income from operations reported for the year.

Net income

$2.2B

Net income reported for the year.

Operating cash flow

$2.1B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period ended	Revenue	Year-over-year change
Dec 31, 2021	$18.5B	n/a
Dec 31, 2022	$19.4B	+5.0%
Dec 31, 2023	$19.4B	-0.4%
Dec 31, 2024	$19.7B	+2.0%

Business overview

The filing does not contain a description of the company's business operations. Only the heading for Item 1 is referenced, with no substantive content.

Financial performance

Revenue increased compared to the prior year. Operating income and net income are reported at the stated levels. Operating cash flow is also provided.

Material risks

No material risk factors are described in the filing. The risk factors section only lists section headings and does not provide any substantive discussion.

Liquidity and capital

The company's primary liquidity source is cash from operations. It held cash and short-term investments and had available credit capacity. Operating cash flow decreased due to a payment related to a dispute with the ITD.

What to watch

Readers should monitor the resolution of the dispute with the ITD and its impact on future cash flows.