EX-99.2 3 exhibit9926302025.htm EX-99.2
Our second quarter revenue performance exceeded the high end of our guidance range, underscoring the effectiveness of our strategy to build a resilient and durable portfolio that positions us to win in the AI era. Our investments in talent, platforms and AI infrastructure drove our fourth-straight quarter of organic year-over-year revenue growth, another quarter of margin expansion and helped us accelerate bookings, including two $1 billion deals. In today’s dynamic and competitive environment, we are differentiating ourselves by moving with agility and building IP at the edge, leveraging our interdisciplinary capabilities across domain, technology and operations to address new client growth priorities and deliver agentification at scale. Q2 2025 Ravi Kumar S | Chief Executive Officer ” Revenue $5.2 billion Reported YoY1 é 8.1% Constant Currency YoY1 é 7.2% GAAP and Adjusted Operating Margin | 15.6% GAAP and Adjusted Diluted EPS | $1.31 $3.9 $1.0 $0.3 Rest of World 4.7% Revenue by Geography ($ In billions) Reported YoY | Constant Currency YoY Q2 2025 Cash Flow Cash Flow From Operations $398M Free Cash Flow $331M Q2 2025 Capital Return Dividends $153M Share Repurchases $368M $0.31/share Revenue by Segment ($ In billions) Reported YoY | Constant Currency YoY Europe North America1 6.0% $1.5 $0.8 $1.3 $1.6 Products & Resources1 Health Sciences Financial Services Communications, Media & Technology 9.6% 4.0% 8.1% 8.1% 3.1% 2.2%16.0% 14.7% 6.9% 6.0%6.2% 5.3% Total Employees 343,800 ” +7,500 QoQ Voluntary Attrition - Tech Services (Trailing 12-Month) 15.2% é é é é é é é é é é é Adjusted Diluted EPS | $1.31 Employee Metrics Adjusted Operating Margin | 15.6% é é é For non-GAAP financial reconciliations refer to Cognizant's 2025 second quarter earnings release issued on July 30, 2025, which accompanies this presentation and is available at investors.cognizant.com. 1 In the second quarter of 2025, revenue from our recently completed acquisition of Belcan contributed approximately 4 percentage points to year-over-year revenue growth, including approximately 16 percentage points of growth to our Products & Resources segment, primarily in North America and to a lesser extent in the United Kingdom. é Company Recognition Named one of America’s Greatest Workplaces Exhibit 99.2 (60) bps QoQ 2024 Sustainability and Corporate Citizenship Report Read the full report here