Cognizant Technology Solutions
0.8 %
20.08 %
Yet to be announced
Company Overview
Cognizant Technology Solutions Corporation provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Healthcare; Products and Resources; and Communications, Media and Technology. The company was founded in 1994 and is headquartered in Teaneck, New Jersey.
Revenue Sources
PassBased on the company's financial statements and business operations, Cognizant's primary revenue streams come from IT services, consulting, and digital solutions. These are halal business activities as they involve the exchange of legitimate services and value creation. The company does not derive significant revenue from any haram sources such as interest, gambling, alcohol, or other prohibited activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $5.12b | $4.27b | - | $12.0m | 0.00% | 0.28% |
| Dec. 31, 2024 | $5.08b | $4.35b | - | $19.0m | 0.00% | 0.44% |
| Sept. 30, 2024 | $5.04b | $4.32b | - | $14.0m | 0.00% | 0.32% |
| June 30, 2024 | $4.85b | $4.15b | - | $10.0m | 0.00% | 0.24% |
Looking at the last four quarters, Cognizant's interest expense remains minimal relative to total expenses. Interest expense ratios for the past four quarters were consistently well below the 5% threshold, ranging from 0.24% to 0.32% of total expenses. Interest income is reported as $0 across all quarters.
Operational Ethics
PassWhile Cognizant maintains operations in various global locations, there is no evidence of material ongoing collaboration with entities involved in human rights violations. The company operates development centers in multiple countries, but there are no documented substantial ties to the Chinese Communist Party or operations in Israel.
Comments