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| Date | Value |
|---|---|
| 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 |