Cognizant Technology Solutions (CTSH) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with introductions of executive leadership and board members, and a reminder about forward-looking statements and non-GAAP measures.

• The agenda and rules of conduct were made available on the virtual meeting website, with instructions for submitting questions.

Financial performance review

• 2025 revenue exceeded $21 billion, up 6.4% in constant currency, with operating margin and EPS growing faster than revenue.

• 28 large deals signed, with total contract value up nearly 50% year-over-year, including five mega deals over $500 million.

• $2 billion returned to shareholders via dividends and buybacks.

• Revenues and adjusted operating income per employee increased, and client Net Promoter Score reached a new high.

Strategic initiatives and plans

• AI Builder model advanced from strategy to execution, focusing on bridging the AI velocity gap for enterprise value.

• Three-vector strategy: AI-led Productivity, Industrializing AI, and Agentifying the Enterprise, with over 5,000 AI engagements in Q1 2026.

• Launch of Cognizant Secure AI Services and significant AI-driven operational improvements for clients across industries.

• Acquisitions of 3Cloud and agreement to acquire Astreya to strengthen AI and cloud capabilities.

• Project Leap launched in Q1 2026 to fund AI investments, reshape productivity, and upskill workforce.