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
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%