Cognizant Technology Solutions (CTSH) Operating Leases (2019 - 2026)
Cognizant Technology Solutions (CTSH) posted Operating Leases of $389 million for Q2 2026, down 9.5% from $430 million a year earlier but up 1.3% from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Cognizant Technology Solutions' Operating Leases came in at $423 million, up 0.7% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -12.9% (FY2020 to FY2025).
- In prior years, Cognizant Technology Solutions' Operating Leases was $420 million in FY2024 (-19.7%), $523 million in FY2023 (-26.8%), $714 million in FY2022 (-8.8%) and $783 million in FY2021 (-7.4%).
- Quarterly Operating Leases has run from a low of $384 million in Q1 2026 to a high of $804 million in Q3 2021 over five years.
- On a year-over-year basis, Operating Leases increased in 1 of the last eight quarters, with an average decline of 11.8%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2025, with growth of 0.7%; the weakest was Q2 2024, with a decline of 29.8%.
- According to Business Quant data, Operating Leases for the three prior quarters was $384 million (Q1 2026), $423 million (Q4 2025) and $432 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.15 Bn | 43.21 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.69 Bn | 18.86 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.64 Bn | 14.68 Bn | 1.34 Bn |
| 4 | Cdw | 16.25 Bn | 14.24 Bn | 1.32 Bn |
| 5 | Cgi | 15.05 Bn | 12.83 Bn | - |
| 6 | Arrow Electronics | 11.71 Bn | 10.74 Bn | 1.13 Bn |
| 7 | Avnet | 8.41 Bn | 7.59 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.34 Bn | 1.95 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.52 Bn | 1.16 Bn | 429.57 Mn |
| 10 | Science Applications International | 5.38 Bn | 4.92 Bn | 239.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 389.00 Mn |
| 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 | 420.00 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 | 714.00 Mn |
| Sep 30, 2022 | 711.00 Mn |
| Jun 30, 2022 | 747.00 Mn |
| Mar 31, 2022 | 758.00 Mn |
| Dec 31, 2021 | 783.00 Mn |
| Sep 30, 2021 | 804.00 Mn |
API Access
Cognizant Technology Solutions Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CTSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();