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Sankey diagram of Cognizant Technology Solutions Corporation. A complete text table follows the diagram.
Banking and health care lead demand, but the same $5.4B quarter also reveals how Cognizant delivers the work and gets paid
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This is an alluvial reclassification of one reported revenue pool through three filing-reported lenses: client industry, service line and contract type. Links into the contract lens reaggregate service-line totals and do not claim an undisclosed service-line-by-contract cross-tab.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Health sciences clients | 1 | $1.6B | Life sciences and health care |
| Financial services clients | 1 | $1.6B | Largest industry; up 12.4% YoY |
| Products & resources clients | 1 | $1.3B | Manufacturing, retail and resources |
| Communications, media & tech | 1 | $869M | Telecom, media and technology |
| Client revenue | 2 | $5.4B | Industry-led go-to-market |
| Consulting & technology | 3 | $3.5B | Build, integrate, engineer and modernize |
| Outsourcing services | 3 | $1.9B | Maintain, secure and operate |
| Same revenue, by contract | 4 | $5.4B | Commercial model lens |
| Fixed-price work | 5 | $2.7B | 50.3% of quarterly revenue |
| Time & materials | 5 | $2.2B | 40.8% of quarterly revenue |
| Transaction or volume based | 5 | $478M | 8.8% of quarterly revenue |
| From | To | Value |
|---|---|---|
| Health sciences clients | Client revenue | $1.6B |
| Financial services clients | Client revenue | $1.6B |
| Products & resources clients | Client revenue | $1.3B |
| Communications, media & tech | Client revenue | $869M |
| Client revenue | Consulting & technology | $3.5B |
| Client revenue | Outsourcing services | $1.9B |
| Consulting & technology | Same revenue, by contract | $3.5B |
| Outsourcing services | Same revenue, by contract | $1.9B |
| Same revenue, by contract | Fixed-price work | $2.7B |
| Same revenue, by contract | Time & materials | $2.2B |
| Same revenue, by contract | Transaction or volume based | $478M |