Cognizant Technology Solutions (CTSH) Free Cash Flow (2009 - 2026)
Cognizant Technology Solutions (CTSH) posted quarterly Free Cash Flow of $459.0 million for Q2 2026, up 38.67% year-over-year from $331.0 million in Q2 2025, and up 131.82% quarter-over-quarter from $198.0 million in Q1 2026.
Cognizant Technology Solutions (CTSH) Free Cash Flow (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Free Cash Flow for 18 consecutive years, with $459.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow rose 38.67% year-over-year to $459.0 million; the TTM figure through Jun 2026 stood at $2.6 billion (up 13.85% YoY), while the FY2025 annual figure was $2.6 billion, up 42.04% from the prior year.
- Free Cash Flow rose to $459.0 million in Q2 2026 per CTSH's latest filing, from $198.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.2 billion in Q3 2025 and bottomed at -$32.0 million in Q2 2023.
- Historically, Free Cash Flow has averaged $518.2 million across 5 years, with a median of $548.5 million in 2022.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 106.6% — and 2025, when it surged 1918.75%.
- Cognizant Technology Solutions' Free Cash Flow stood at $612.0 million in 2022, then climbed by 7.68% to $659.0 million in 2023, then increased by 27.01% to $837.0 million in 2024, then slipped by 6.69% to $781.0 million in 2025, then tumbled by 41.23% to $459.0 million in 2026.
- Business Quant data shows CTSH's Free Cash Flow at $459.0 million in Q2 2026, $198.0 million in Q1 2026, and $781.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 3.60 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 457.05 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 459.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 264.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 642.50 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 383.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Cdw | 17.49 Bn | 17.13 Bn | 1.32 Bn | -82.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 459.00 Mn |
| Jun 30, 2026 | 459.00 Mn |
| 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 |