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| 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 | 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 |