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
DateValue
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