Cognizant Technology Solutions (CTSH) FCF Margin (2009 - 2026)
Cognizant Technology Solutions (CTSH) posted quarterly FCF Margin of 8.37% for 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.
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.
- In Q2 2026, FCF Margin rose 206.0% year-over-year to 8.37%; the TTM figure through Jun 2026 stood at 12.0% (up 87.0% YoY), while the FY2025 annual figure was 12.29%, up 304.0% from the prior year.
- FCF Margin grew to 8.37% in Q2 2026 per CTSH's latest filing, from 3.66% in the prior quarter.
- Across five years, FCF Margin topped out at 21.42% in Q3 2025 and bottomed at 0.65% in Q2 2023.
- Historically, FCF Margin has averaged 10.26% across 5 years, with a median of 11.27% in 2022.
- Annual changes were most pronounced in 2023 — FCF Margin surged 926 bps — and 2024, when it sank 1278 bps.
- Cognizant Technology Solutions' FCF Margin stood at 12.65% in 2022, then advanced by 10 bps to 13.85% in 2023, then advanced by 19 bps to 16.47% in 2024, then slipped by 11 bps to 14.64% in 2025, then sank by 43 bps to 8.37% in 2026.
- Business Quant data shows CTSH's FCF Margin at 8.37% in Q2 2026, 3.66% in Q1 2026, and 14.64% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 221.93 Bn | 210.57 Bn | 9.91 Bn | 13.80% |
| 2 | Accenture | 113.12 Bn | 102.95 Bn | 6.13 Bn | 19.23% |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 15.08% |
| 5 | Cognizant Technology Solutions | 28.85 Bn | 27.80 Bn | 1.83 Bn | 8.37% |
| 6 | Fidelity National Information Services | 21.39 Bn | 20.65 Bn | 1.17 Bn | 7.82% |
| 7 | Broadridge Financial Solutions | 21.22 Bn | 20.82 Bn | 853.00 Mn | 28.94% |
| 8 | Wipro | 19.72 Bn | 18.65 Bn | 738.00 Mn | 14.81% |
| 9 | Leidos Holdings | 17.86 Bn | 17.11 Bn | 817.00 Mn | 16.70% |
| 10 | Cdw | 17.52 Bn | 17.16 Bn | 1.32 Bn | -1.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |