Cognizant is battling to regain lost market share and execution momentum in the competitive IT services sector. Under CEO Ravi Kumar S, the technology consulting giant generated exactly $19.8 billion in revenue and maintains a $38.4 billion market cap with a global workforce of exactly 345000 employees. The financial narrative in 2026 is defined by a desperate, push into generative AI consulting; Cognizant is investing heavily in retraining its workforce to help Fortune 500 clients deploy Microsoft Copilot and bespoke LLMs. This AI push is critical to offset severe, prolonged discretionary spending pullbacks in its core financial services and healthcare verticals.