Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly FCF Margin came in at 3.66% in Q1 2026, down 266.0% year-on-year from 2.2% in Q1 2025, and down 75.02% on a QoQ basis from 14.64% in Q4 2025.
Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 18 years of FCF Margin data on file, last reported at 3.66% in Q1 2026.
- On a quarterly basis, FCF Margin fell 266.0% year-over-year to 3.66% in Q1 2026; TTM through Mar 2026 was 11.54%, a 92.0% increase from a year earlier, with the FY2025 full-year figure at 12.29%, up 304.0% from the prior year.
- FCF Margin for Q1 2026 stood at 3.66%, down from 14.64% in the prior quarter.
- Over the last five years, FCF Margin for CTSH reached as high as 21.42% in Q3 2025 and fell as low as 0.65% in Q2 2023.
- Historically, FCF Margin has averaged 10.37% across 5 years, with a median of 12.65% in 2022.
- Across the five-year window, FCF Margin soared 926 bps in 2023 and tumbled 1278 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 12.65% in 2022, then grew by 10 bps to 13.85% in 2023, then grew by 19 bps to 16.47% in 2024, then declined by 11 bps to 14.64% in 2025, then plunged by 75 bps to 3.66% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 3.66% in Q1 2026, 14.64% in Q4 2025, and 21.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 13.80% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 19.23% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 36.02% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 0.76% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 20.12% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 3.66% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 1.38% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 15.00% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 4.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.66% |
| Dec 31, 2025 | 14.64% |
| Sep 30, 2025 | 21.42% |
| Jun 30, 2025 | 6.31% |
| Mar 31, 2025 | 6.31% |
| Dec 31, 2024 | 16.47% |
| Sep 30, 2024 | 15.68% |
| Jun 30, 2024 | 3.77% |
| Mar 31, 2024 | 0.34% |
| Dec 31, 2023 | 13.85% |
| Sep 30, 2023 | 15.42% |
| Jun 30, 2023 | -0.65% |
| Mar 31, 2023 | 13.11% |
| Dec 31, 2022 | 12.65% |
| Sep 30, 2022 | 19.62% |
| Jun 30, 2022 | 9.89% |
| Mar 31, 2022 | 3.85% |
| Dec 31, 2021 | 15.91% |
| Sep 30, 2021 | 18.91% |
| Jun 30, 2021 | 10.16% |