Cognizant Technology Solutions (CTSH) Operating Leases (2019 - 2026)

Cognizant Technology Solutions (CTSH) reported Operating Leases of $384.0 million for Q1 2026, down 9.43% year-over-year from $424.0 million in Q1 2025, and down 9.22% quarter-over-quarter from $423.0 million in Q4 2025.

Cognizant Technology Solutions (CTSH) Operating Leases (2019 - 2026) Analysis & Trends

Cognizant Technology Solutions (CTSH) has 8 years of Operating Leases data on file, last reported at $384.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $384.0 million, down 9.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $384.0 million (down 9.43% YoY), and the FY2025 annual result was $423.0 million, down 28.91% from the prior year.
  • Operating Leases eased to $384.0 million in Q1 2026 per CTSH's latest filing, from $423.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $901.0 million in Q4 2022 and troughed at $384.0 million in Q1 2026.
  • A 5-year average of $572.8 million and a median of $523.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases slumped 41.95% in 2023, then grew 13.77% in 2024.
  • A 5-year view of Operating Leases shows it stood at $901.0 million in 2022, then slumped by 41.95% to $523.0 million in 2023, then increased by 13.77% to $595.0 million in 2024, then declined by 28.91% to $423.0 million in 2025, then retreated by 9.22% to $384.0 million in 2026.
  • Business Quant data shows CTSH's Operating Leases at $384.0 million in Q1 2026, $423.0 million in Q4 2025, and $432.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 384.00 Mn
Dec 31, 2025 423.00 Mn
Sep 30, 2025 432.00 Mn
Jun 30, 2025 430.00 Mn
Mar 31, 2025 424.00 Mn
Dec 31, 2024 595.00 Mn
Sep 30, 2024 455.00 Mn
Jun 30, 2024 466.00 Mn
Mar 31, 2024 503.00 Mn
Dec 31, 2023 523.00 Mn
Sep 30, 2023 634.00 Mn
Jun 30, 2023 664.00 Mn
Mar 31, 2023 688.00 Mn
Dec 31, 2022 901.00 Mn
Sep 30, 2022 711.00 Mn
Jun 30, 2022 747.00 Mn
Mar 31, 2022 758.00 Mn
Dec 31, 2021 991.00 Mn
Sep 30, 2021 804.00 Mn
Jun 30, 2021 842.00 Mn