Cognizant Technology Solutions (CTSH) Change in Receivables (2009 - 2026)
Cognizant Technology Solutions (CTSH) reported Change in Receivables of $131 million for Q2 2026, down 8.4% from $143 million a year earlier and down 8.4% from the prior quarter.
Cognizant Technology Solutions (CTSH) Change in Receivables (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cognizant Technology Solutions' Change in Receivables came in at $320 million, up 29.0% year-over-year; for FY2025, it was $366 million, up 646.9% from FY2024.
- By year, Change in Receivables came in at $49 million in FY2024 (+14.0%), $43 million in FY2023 (-81.9%), $238 million in FY2022 (-41.5%) and $407 million in FY2021.
- Five-year quarterly Change in Receivables spans a low of -$117 million in Q4 2024 and a high of $177 million in Q1 2025.
- The high point for year-over-year Change in Receivables in five years was Q2 2024 (growth of 310.3%); the low point was Q3 2025 (a decline of 95.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $143 million (Q1 2026), $44 million (Q4 2025) and $2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | 88.00 Mn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 131.00 Mn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 44.07 Mn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 1.99 Bn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 883.90 Mn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | - |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 2.06 Bn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 1.40 Bn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | - |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | -162.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.00 Mn |
| Mar 31, 2026 | 143.00 Mn |
| Dec 31, 2025 | 44.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 143.00 Mn |
| Mar 31, 2025 | 177.00 Mn |
| Dec 31, 2024 | -117.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | -39.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 64.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | -89.00 Mn |
| Dec 31, 2022 | 65.00 Mn |
| Sep 30, 2022 | -78.00 Mn |
| Jun 30, 2022 | 134.00 Mn |
| Mar 31, 2022 | 117.00 Mn |
| Dec 31, 2021 | 36.00 Mn |
| Sep 30, 2021 | 92.00 Mn |
Cognizant Technology Solutions Change in Receivables 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=change-in-receivables&ticker=CTSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();