Annual revenue of Cognizant worldwide 2005-2022

Published by
Raphael Bohne,
Nov 2, 2023
In 2022, Cognizant generated a record revenue of approximately 19.4 billion U.S. dollars. The only year where Cognizant did not see an increase in revenue was between 2019 and 2020, where the revenue of the company fell more than 100 million U.S. dollars.

Annual revenue of Cognizant worldwide from 2005 to 2022 (in million U.S. dollars)

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Release date

April 2023

Region

Worldwide

Survey time period

2005 to 2022

Supplementary notes

The principal considerations for performing procedures relating to revenue recognition – expected labor costs to complete for certain fixed-price contracts is an essential audit matter are the significant judgment by management when developing the estimated total expected labor costs to complete fixed-price contracts and the significant auditor judgment, subjectivity, and effort in performing procedures and evaluating audit evidence relating to management’s estimate of total expected labor costs.

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