Cognizant Technology Solutions (CTSH) Operating Expenses (2009 - 2026)

Cognizant Technology Solutions' (CTSH) quarterly Operating Expenses came in at $791.0 million in Q1 2026, little changed year-on-year from $791.0 million in Q1 2025, and down 1.86% on a QoQ basis from $806.0 million in Q4 2025.

Cognizant Technology Solutions (CTSH) Operating Expenses (2009 - 2026) Analysis & Trends

Cognizant Technology Solutions (CTSH) has 18 years of Operating Expenses data on file, last reported at $791.0 million in Q1 2026.

  • On a quarterly basis, Operating Expenses changed 0.0% year-over-year to $791.0 million in Q1 2026; TTM through Mar 2026 was $3.2 billion, a 3.57% decrease from a year earlier, with the FY2025 full-year figure at $3.2 billion, down 3.49% from the prior year.
  • Operating Expenses for Q1 2026 stood at $791.0 million, down from $806.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for CTSH reached as high as $947.0 million in Q2 2023 and fell as low as $788.0 million in Q1 2024.
  • Historically, Operating Expenses has averaged $841.9 million across 5 years, with a median of $835.0 million in 2023.
  • On a YoY basis, Operating Expenses climbed as much as 8.11% in 2024 and fell as far as 14.47% in 2024.
  • Year by year, Operating Expenses stood at $860.0 million in 2022, then dropped by 3.95% to $826.0 million in 2023, then increased by 8.11% to $893.0 million in 2024, then decreased by 9.74% to $806.0 million in 2025, then decreased by 1.86% to $791.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $791.0 million in Q1 2026, $806.0 million in Q4 2025, and $833.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 7.29 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 15.54 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -27.00 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 528.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 29.83 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 605.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 791.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.23 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.59 Bn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 814.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 791.00 Mn
Dec 31, 2025 806.00 Mn
Sep 30, 2025 833.00 Mn
Jun 30, 2025 810.00 Mn
Mar 31, 2025 791.00 Mn
Dec 31, 2024 893.00 Mn
Sep 30, 2024 866.00 Mn
Jun 30, 2024 810.00 Mn
Mar 31, 2024 788.00 Mn
Dec 31, 2023 826.00 Mn
Sep 30, 2023 873.00 Mn
Jun 30, 2023 947.00 Mn
Mar 31, 2023 835.00 Mn
Dec 31, 2022 860.00 Mn
Sep 30, 2022 838.00 Mn
Jun 30, 2022 883.00 Mn
Mar 31, 2022 862.00 Mn
Dec 31, 2021 871.00 Mn
Sep 30, 2021 924.00 Mn
Jun 30, 2021 881.00 Mn