canar.ai
Rankings/CTSH/Q2 2022 Analysis

Cognizant Technology Solutions Corp

CTSH
Q2 2022(CTSH Q1 FY2022)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$111.7M
AI Revenue (Q)
$48.3M
Total Revenue (Q)
$4.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Cognizant's Q1 FY2022 10-Q (period ending June 30, 2022) reports $4,906M quarterly revenue across four industry-based segments (Financial Services, Health Sciences, Products & Resources, CMT). Services described as 'digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services and business process services.' AI is mentioned only as a technology trend driving client demand (e.g., 'analytics and AI in areas such as digital lending, fraud detection'). No AI-specific revenue line, no AI service category, no AI dollar figures disclosed. The vast majority of revenue is traditional IT services and outsourcing. Conservatively estimating ~1% for early-stage AI consulting/analytics work embedded within digital services engagements.
Analyzed by claude-opus-4-6

Quoted Figures

Revenues $4,906 [million, Q2 2022]
10-Q, Consolidated Statements of Operations, Three Months Ended June 30, 2022
Our services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services and business process services.
10-Q, Item 2 MD&A Executive Summary

AI Products Identified (Ring 1)

AI/analytics consulting embedded in digital servicesAI-driven fraud detection solutions (Financial Services segment)Predictive data analytics for healthcare

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Digital services and solutionsSystems integrationApplication developmentApplication maintenanceInfrastructure servicesBusiness process services

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix