Cognizant Technology Solutions (CTSH) Change in Receivables (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Change in Receivables came in at $143.0 million in Q1 2026, down 19.21% year-on-year from $177.0 million in Q1 2025, and up 225.0% on a QoQ basis from $44.0 million in Q4 2025.
Cognizant Technology Solutions (CTSH) Change in Receivables (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 18 years of Change in Receivables data on file, last reported at $143.0 million in Q1 2026.
- On a quarterly basis, Change in Receivables fell 19.21% year-over-year to $143.0 million in Q1 2026; TTM through Mar 2026 was $332.0 million, a 25.28% increase from a year earlier, with the FY2025 full-year figure at $366.0 million, up 646.94% from the prior year.
- Change in Receivables for Q1 2026 stood at $143.0 million, up from $44.0 million in the prior quarter.
- Over the last five years, Change in Receivables for CTSH reached as high as $177.0 million in Q1 2025 and fell as low as -$117.0 million in Q4 2024.
- Historically, Change in Receivables has averaged $49.4 million across 5 years, with a median of $45.0 million in 2024.
- Across the five-year window, Change in Receivables slumped 503.45% in 2024 and jumped 553.85% in 2025, its largest moves.
- Year by year, Change in Receivables stood at $65.0 million in 2022, then tumbled by 55.38% to $29.0 million in 2023, then slumped by 503.45% to -$117.0 million in 2024, then jumped by 137.61% to $44.0 million in 2025, then soared by 225.0% to $143.0 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were $143.0 million in Q1 2026, $44.0 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | - |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 422.98 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | - |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 8.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 143.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 44.07 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 243.20 Mn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 170.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.00 Mn |
| Mar 31, 2026 | 143.00 Mn |
| Dec 31, 2025 | 44.00 Mn |
| Dec 31, 2025 | 44.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 143.00 Mn |
| Jun 30, 2025 | 143.00 Mn |
| Mar 31, 2025 | 177.00 Mn |
| Mar 31, 2025 | 177.00 Mn |
| Dec 31, 2024 | -117.00 Mn |
| Dec 31, 2024 | -117.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | -39.00 Mn |
| Mar 31, 2024 | -39.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Dec 31, 2023 | 29.00 Mn |