Cognizant Technology Solutions Corporation (NASDAQ: CTSH) reported quarterly earnings of $1.37 per share for Q2 2026, falling short of the Zacks Consensus Estimate of $1.38 per share by a margin of -0.73%. The result still marks an improvement from the year-ago period, when Cognizant posted earnings of $1.31 per share, reflecting continued underlying business growth despite the earnings miss. One quarter prior, the company delivered a positive earnings surprise of +5.26%, producing $1.40 per share against an expected $1.33 per share. Across the last four quarters, Cognizant has surpassed consensus earnings per share estimates on three separate occasions, suggesting the Q2 shortfall is a relative exception rather than a pattern. On the revenue side, Cognizant posted $5.48 billion for the quarter ended June 2026, edging past the Zacks Consensus Estimate by 0.03% and up from $5.25 billion reported in the same quarter a year ago.