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Cognizant Q1 Net Profit Jumps 21%, Reports 1,400 Generative AI Engagements

  • Cognizant reported a 21% increase in net profit for Q1, reaching $663 million.
  • The revenue rose 7.5% YoY, reaching $5.1 billion, driven by growing demand for AI-driven IT services.
  • The company has engaged in approximately 1,400 early-stage GenAI engagements and is actively scaling its work in generative AI.
  • Cognizant also announced plans for revenue projections for the second quarter and full-year 2025.

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