Cognizant Technology Solutions CTSH
NASDAQ CTSH
$58.20 -1.72 (-2.87%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Cognizant Technology Solutions' (CTSH) quarterly Operating Expenses came in at $812.0 million in Q2 2026, little changed year-over-year from $810.0 million in Q2 2025, and up 2.65% quarter-over-quarter from $791.0 million in Q1 2026.

Analysis

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

Cognizant Technology Solutions (CTSH) has reported Operating Expenses for 18 consecutive years, with $812.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses changed 0.25% year-over-year to $812.0 million in Q2 2026; TTM through Jun 2026 was $3.2 billion, a 3.51% decrease from a year earlier, with the FY2025 full-year figure at $3.6 billion, down 3.75% from the prior year.
  • Operating Expenses was $812.0 million for Q2 2026 at Cognizant Technology Solutions, up from $791.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $947.0 million in Q2 2023 and troughed at $788.0 million in Q1 2024.
  • A 5-year average of $840.2 million and a median of $834.0 million in 2023 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 8.11% in 2024, down 14.47% in 2024.
  • Over 5 years, Operating Expenses stood at $860.0 million in 2022, then fell by 3.95% to $826.0 million in 2023, then gained by 8.11% to $893.0 million in 2024, then dropped by 9.74% to $806.0 million in 2025, then gained by 0.74% to $812.0 million in 2026.
  • The last three Operating Expenses figures came in at $812.0 million (Q2 2026), $791.0 million (Q1 2026), and $806.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 47.37 Bn 47.42 Bn 1.60 Bn 528.00 Mn
2 Cognizant Technology Solutions 28.16 Bn 27.11 Bn 1.83 Bn 812.00 Mn
3 Cgi 14.44 Bn 13.86 Bn - 12.44 Mn
4 EPAM Systems 6.04 Bn 5.25 Bn 429.57 Mn 245.25 Mn
5 ExlService Holdings 5.56 Bn 5.27 Bn 225.96 Mn 138.67 Mn
6 Science Applications International 5.32 Bn 5.20 Bn 239.00 Mn 87.00 Mn
7 Kyndryl Holdings 2.86 Bn 850.31 Mn 776.00 Mn 630.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 86.63 Mn
9 Innodata 1.91 Bn 1.66 Bn 42.46 Mn 74.59 Mn
10 DXC Technology 1.86 Bn 135.62 Mn 611.00 Mn 2.76 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 812.00 Mn
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