Cognizant Technology Solutions (CTSH) Other Working Capital Changes (2010 - 2018)
Cognizant Technology Solutions' (CTSH) quarterly Other Working Capital Changes came in at -$96.0 million in Q2 2026, down 20.0% year-over-year from -$120.0 million in Q2 2025, and down 226.32% quarter-over-quarter from $76.0 million in Q1 2026.
Analysis
Cognizant Technology Solutions (CTSH) Other Working Capital Changes (2010 - 2018) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Other Working Capital Changes for 15 consecutive years, with -$96.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Other Working Capital Changes fell 20.0% year-over-year to -$96.0 million in Q2 2026; TTM through Jun 2026 was $45.0 million, a 6.25% decrease from a year earlier, with the FY2025 full-year figure at $55.0 million, up 25.0% from the prior year.
- Other Working Capital Changes was -$96.0 million for Q2 2026 at Cognizant Technology Solutions, down from $76.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $202.0 million in Q4 2017 and troughed at -$352.0 million in Q1 2018.
- A 5-year average of $11.0 million and a median of $24.9 million in 2014 frame the typical range for Other Working Capital Changes.
- Across the five-year window, Other Working Capital Changes surged 140.0% in 2022 and tumbled 106.82% in 2023, its largest moves.
- Over 5 years, Other Working Capital Changes stood at $51.0 million in 2022, then surged by 74.51% to $89.0 million in 2023, then grew by 12.36% to $100.0 million in 2024, then climbed by 19.0% to $119.0 million in 2025, then sank by 180.67% to -$96.0 million in 2026.
- The last three Other Working Capital Changes figures came in at -$96.0 million (Q2 2026), $76.0 million (Q1 2026), and $119.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 122.00 Mn |
| Dec 31, 2018 | 122.00 Mn |
| Sep 30, 2018 | -42.00 Mn |
| Sep 30, 2018 | -42.00 Mn |
| Jun 30, 2018 | 56.00 Mn |
| Jun 30, 2018 | 56.00 Mn |
| Mar 31, 2018 | -352.00 Mn |
| Mar 31, 2018 | -352.00 Mn |
| Dec 31, 2017 | 202.00 Mn |
| Dec 31, 2017 | 202.00 Mn |
| Sep 30, 2017 | -102.00 Mn |
| Sep 30, 2017 | -102.00 Mn |
| Jun 30, 2017 | 101.00 Mn |
| Jun 30, 2017 | 101.00 Mn |
| Mar 31, 2017 | -20.00 Mn |
| Mar 31, 2017 | -20.00 Mn |
| Dec 31, 2016 | 20.00 Mn |
| Dec 31, 2016 | 20.00 Mn |
| Sep 30, 2016 | -36.00 Mn |
| Sep 30, 2016 | -36.00 Mn |