Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026)
Cognizant Technology Solutions (CTSH) reported FCF Margin of 3.66% for Q1 2026, down 266.0% year-over-year from 2.2% in Q1 2025, and down 75.02% quarter-over-quarter 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.
- FCF Margin for Q1 2026 came in at 3.66%, down 266.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.54% (up 92.0% YoY), and the FY2025 annual result was 12.29%, up 304.0% from the prior year.
- FCF Margin declined to 3.66% in Q1 2026 per CTSH's latest filing, from 14.64% 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 10.37% and a median of 12.65% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2023 and 2024: FCF Margin surged 926 bps in 2023, then sank 1278 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 12.65% in 2022, then gained by 10 bps to 13.85% in 2023, then gained by 19 bps to 16.47% in 2024, then decreased by 11 bps to 14.64% in 2025, then tumbled by 75 bps to 3.66% in 2026.
- Business Quant data shows CTSH's FCF Margin at 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 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 31.02% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 13.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 20.33% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 3.66% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 15.24% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 13.32% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.37% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 6.14% |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 6.65% |
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% |