Cognizant Technology Solutions (CTSH) Free Cash Flow (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Free Cash Flow came in at $198.0 million in Q1 2026, down 38.7% year-on-year from $323.0 million in Q1 2025, and down 74.65% on a QoQ basis from $781.0 million in Q4 2025.
Cognizant Technology Solutions (CTSH) Free Cash Flow (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 18 years of Free Cash Flow data on file, last reported at $198.0 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 38.7% year-over-year to $198.0 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 15.75% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, up 42.04% from the prior year.
- Free Cash Flow for Q1 2026 stood at $198.0 million, down from $781.0 million in the prior quarter.
- Over the last five years, Free Cash Flow for CTSH reached as high as $1.2 billion in Q3 2025 and fell as low as -$32.0 million in Q2 2023.
- Historically, Free Cash Flow has averaged $521.7 million across 5 years, with a median of $612.0 million in 2022.
- Across the five-year window, Free Cash Flow slumped 106.6% in 2023 and soared 1918.75% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $612.0 million in 2022, then increased by 7.68% to $659.0 million in 2023, then gained by 27.01% to $837.0 million in 2024, then declined by 6.69% to $781.0 million in 2025, then plunged by 74.65% to $198.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $198.0 million in Q1 2026, $781.0 million in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 3.60 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 175.81 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 23.08 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 663.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 198.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 35.69 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 293.00 Mn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 248.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 198.00 Mn |
| Mar 31, 2026 | 198.00 Mn |
| Dec 31, 2025 | 781.00 Mn |
| Dec 31, 2025 | 781.00 Mn |
| Sep 30, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.16 Bn |
| Jun 30, 2025 | 331.00 Mn |
| Jun 30, 2025 | 331.00 Mn |
| Mar 31, 2025 | 323.00 Mn |
| Mar 31, 2025 | 323.00 Mn |
| Dec 31, 2024 | 837.00 Mn |
| Dec 31, 2024 | 837.00 Mn |
| Sep 30, 2024 | 791.00 Mn |
| Sep 30, 2024 | 791.00 Mn |
| Jun 30, 2024 | 183.00 Mn |
| Jun 30, 2024 | 183.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | 659.00 Mn |
| Dec 31, 2023 | 659.00 Mn |