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
DateValue
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%