Cognizant Technology Solutions (CTSH) Capital Expenditures (2009 - 2026)
Cognizant Technology Solutions (CTSH) recorded Capital Expenditures of $79 million in Q3 2026, up 17.9% from $67 million a year earlier but down 20.2% from the prior quarter.
Cognizant Technology Solutions (CTSH) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Cognizant Technology Solutions' Capital Expenditures came in at $331 million as of Sep 30, 2026, up 12.6% year-over-year; for FY2025, it came in at $288 million, down 3.0% from FY2024.
- Annual Capital Expenditures has declined for three straight years, with a five-year compound annual growth rate of -6.3% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $297 million in FY2024 (-6.3%), $317 million in FY2023 (-4.5%), $332 million in FY2022 (+19.0%) and $279 million in FY2021 (-29.9%).
- Quarterly Capital Expenditures has ranged from $43 million in Q2 2022 to $120 million in Q1 2022 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in four of the last eight quarters, with growth averaging 8.2%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 58.1% in Q2 2023, against a decline of 42.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $99 million (Q2 2026), $76 million (Q1 2026) and $77 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 79.00 Mn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 26.80 Mn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 58.88 Mn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 21.14 Mn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 14.68 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 16.76 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 16.69 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 15.00 Mn |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn | 40.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 79.00 Mn |
| Jun 30, 2026 | 99.00 Mn |
| Mar 31, 2026 | 76.00 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Sep 30, 2025 | 67.00 Mn |
| Jun 30, 2025 | 67.00 Mn |
| Mar 31, 2025 | 77.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Sep 30, 2024 | 56.00 Mn |
| Jun 30, 2024 | 79.00 Mn |
| Mar 31, 2024 | 79.00 Mn |
| Dec 31, 2023 | 78.00 Mn |
| Sep 30, 2023 | 73.00 Mn |
| Jun 30, 2023 | 68.00 Mn |
| Mar 31, 2023 | 98.00 Mn |
| Dec 31, 2022 | 90.00 Mn |
| Sep 30, 2022 | 79.00 Mn |
| Jun 30, 2022 | 43.00 Mn |
| Mar 31, 2022 | 120.00 Mn |
| Dec 31, 2021 | 65.00 Mn |
Cognizant Technology Solutions Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CTSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CTSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();