Overview

• Cognizant’s net income climbed 14% year-on-year to $645 million in Q2 while revenue rose 8.1% to $5.25 billion.
• It narrowed its full-year revenue growth forecast to 4–6% by raising the lower end after robust first-half performance.
• The company booked six large contracts in the quarter, including two valued at over $1 billion each.
• Workforce increased to 343,800 at quarter-end with voluntary attrition easing to 15.2% and fresher hiring plans on track.
• AI and agentic solutions drove client spending, lifting active AI projects from 1,400 to 2,500 since last quarter.