Cognizant Technology Solutions (CTSH) Operating Expenses (2009 - 2026)
Cognizant Technology Solutions (CTSH) reported Operating Expenses of $791.0 million for Q1 2026, little changed year-over-year from $791.0 million in Q1 2025, and down 1.86% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $791.0 million, changed 0.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 billion (down 3.57% YoY), and the FY2025 annual result was $3.6 billion, down 3.75% from the prior year.
- Operating Expenses slipped to $791.0 million in Q1 2026 per CTSH's latest filing, from $806.0 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 $841.9 million and a median of $835.0 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 8.11% in 2024 and fell as far as 14.47% in 2024.
- A 5-year view of Operating Expenses shows it stood at $860.0 million in 2022, then retreated by 3.95% to $826.0 million in 2023, then advanced by 8.11% to $893.0 million in 2024, then declined by 9.74% to $806.0 million in 2025, then declined by 1.86% to $791.0 million in 2026.
- Business Quant data shows CTSH's Operating Expenses at $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 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 500.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 7.26 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -158.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 15.55 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 791.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.59 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 814.00 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 223.00 Mn |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 2.12 Bn |
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 |