Cognizant Technology Solutions CTSH
NASDAQ CTSH
$58.32 +0.12 (+0.21%)
As of: Sep 10, 2026 · 3:59 PM EDT

Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026)

Cognizant Technology Solutions' (CTSH) quarterly FCF Margin came in at 8.37% in Q2 2026, up 206.0% year-over-year from 2.74% in Q2 2025, and up 128.94% quarter-over-quarter from 3.66% in Q1 2026.

Analysis

Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026) Analysis & Trends

Cognizant Technology Solutions (CTSH) has reported FCF Margin for 18 consecutive years, with 8.37% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 206.0% year-over-year to 8.37% in Q2 2026; TTM through Jun 2026 was 12.0%, a 87.0% increase from a year earlier, with the FY2025 full-year figure at 12.29%, up 304.0% from the prior year.
  • FCF Margin was 8.37% for Q2 2026 at Cognizant Technology Solutions, up from 3.66% in the prior quarter.
  • Over five years, FCF Margin peaked at 21.42% in Q3 2025 and troughed at 0.65% in Q2 2023.
  • A 5-year average of 10.26% and a median of 11.27% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin jumped 926 bps in 2023 and slumped 1278 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 12.65% in 2022, then rose by 10 bps to 13.85% in 2023, then rose by 19 bps to 16.47% in 2024, then retreated by 11 bps to 14.64% in 2025, then sank by 43 bps to 8.37% in 2026.
  • The last three FCF Margin figures came in at 8.37% (Q2 2026), 3.66% (Q1 2026), and 14.64% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Infosys 44.97 Bn 44.97 Bn 1.60 Bn 26.43%
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn 8.37%
3 Cgi 15.39 Bn 14.81 Bn - 15.08%
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn -1.25%
5 Science Applications International 5.46 Bn 5.34 Bn 239.00 Mn 6.97%
6 ExlService Holdings 5.28 Bn 5.00 Bn 225.96 Mn 12.34%
7 Kyndryl Holdings 2.79 Bn 680.69 Mn 776.00 Mn -12.69%
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn -
9 DXC Technology 1.80 Bn -204.47 Mn 611.00 Mn 11.97%
10 Innodata 1.78 Bn 1.53 Bn 42.46 Mn 134.89%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.37%
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%