Cognizant Q3 net income falls 53% to $274 million

US-BASED IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a 53% drop in net income for Q3 2025 to $274 million, hit by a onetime, non-cash income tax expense of $390 million.

- PRESS TRUST OF INDIA

Cognizant — which follows a January-December financial year—had posted a net income of $582 million in Q3 2024.