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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |