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
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 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