Cognizant Technology Solutions (CTSH) Operating Leases (2019 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Operating Leases came in at $384.0 million in Q1 2026, down 9.43% year-on-year from $424.0 million in Q1 2025, and down 9.22% on a QoQ basis 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.
- On a quarterly basis, Operating Leases fell 9.43% year-over-year to $384.0 million in Q1 2026; TTM through Mar 2026 was $384.0 million, a 9.43% decrease from a year earlier, with the FY2025 full-year figure at $423.0 million, down 28.91% from the prior year.
- Operating Leases for Q1 2026 stood at $384.0 million, down from $423.0 million in the prior quarter.
- Over the last five years, Operating Leases for CTSH reached as high as $901.0 million in Q4 2022 and fell as low as $384.0 million in Q1 2026.
- Historically, Operating Leases has averaged $583.2 million across 5 years, with a median of $595.0 million in 2024.
- Across the five-year window, Operating Leases advanced 15.07% in 2022 and declined 29.82% in 2024, its largest moves.
- Year by year, Operating Leases stood at $901.0 million in 2022, then slipped by 22.31% to $700.0 million in 2023, then decreased by 15.0% to $595.0 million in 2024, then decreased by 28.91% to $423.0 million in 2025, then dropped by 9.22% to $384.0 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $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 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 700.00 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 | 783.00 Mn |
| Sep 30, 2021 | 804.00 Mn |
| Jun 30, 2021 | 842.00 Mn |