Cognizant vs Gartner
Cognizant reported revenue of $21.1 billion in fiscal 2025, 3.2 times Gartner's $6.5 billion in fiscal 2025. Cognizant's revenue grew 7.0% in its latest year, and Gartner's grew 3.7%. Cognizant had an operating margin of 16.1%, against 15.8% at Gartner. Free cash flow was $2.6 billion at Cognizant and $1.2 billion at Gartner.
Side by side
| Cognizant | Gartner | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $21.1B | $6.5B |
| Revenue growth | 7.0% | 3.7% |
| Revenue growth a year, last 5 years | 4.9% | 9.6% |
| Gross margin | — | 68.8% |
| Operating margin | 16.1% | 15.8% |
| Net margin | 10.6% | 11.2% |
| Free cash flow | $2.6B | $1.2B |
| Free cash flow margin | 12.3% | 18.1% |
| Return on capital | 16.1% | 44.6% |
| Net debt to EBITDA | −0.3x | 1.0x |
| Dividends and buybacks | $2.0B | $2.0B |
| Change in diluted share count | −1.6% | −3.5% |
| Last close | $69.34 | $231.03 |
| P/E at the last close | 15.1× | 20.8× |
| Insider trades, last 12 months | bought $209,768, sold $6.3 million | bought $9.9 million, sold $1.5 million |
| Piotroski F-score | 6 of 8 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CognizantGartner
Operating margin
Percent of revenue
CognizantGartner
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CognizantGartner
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Cognizant and Gartner pages.