Cognizant Technology Solutions (CTSH) Payables (2009 - 2026)
Cognizant Technology Solutions (CTSH) posted Payables of $390 million for Q2 2026, up 25.0% from $312 million a year earlier but down 1.5% from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Cognizant Technology Solutions' Payables came in at $341 million, down 8.6% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- In prior years, Cognizant Technology Solutions' Payables was $373 million in FY2024 (+0.8%), $370 million in FY2023 (+0.5%), $368 million in FY2022 (-7.8%) and $399 million in FY2021 (-6.6%).
- Quarterly Payables has run from a low of $312 million in Q2 2025 to a high of $432 million in Q1 2022 over five years.
- On a year-over-year basis, Payables increased in four of the last eight quarters, with growth averaging 2.6%.
- The strongest year-over-year quarter for Payables in the past five years was Q2 2026, with growth of 25.0%; the weakest was Q1 2023, with a decline of 19.4%.
- According to Business Quant data, Payables for the three prior quarters was $396 million (Q1 2026), $341 million (Q4 2025) and $317 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 463.00 Mn |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 390.00 Mn |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | 995.00 Mn |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | 22.44 Bn |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 788.09 Mn |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 27.11 Bn |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | 6.05 Bn |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Ingram Micro Holding | 6.25 Bn | 1.85 Bn | 958.68 Mn | 11.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 390.00 Mn |
| Mar 31, 2026 | 396.00 Mn |
| Dec 31, 2025 | 341.00 Mn |
| Sep 30, 2025 | 317.00 Mn |
| Jun 30, 2025 | 312.00 Mn |
| Mar 31, 2025 | 359.00 Mn |
| Dec 31, 2024 | 373.00 Mn |
| Sep 30, 2024 | 337.00 Mn |
| Jun 30, 2024 | 331.00 Mn |
| Mar 31, 2024 | 324.00 Mn |
| Dec 31, 2023 | 370.00 Mn |
| Sep 30, 2023 | 358.00 Mn |
| Jun 30, 2023 | 342.00 Mn |
| Mar 31, 2023 | 348.00 Mn |
| Dec 31, 2022 | 368.00 Mn |
| Sep 30, 2022 | 367.00 Mn |
| Jun 30, 2022 | 395.00 Mn |
| Mar 31, 2022 | 432.00 Mn |
| Dec 31, 2021 | 399.00 Mn |
| Sep 30, 2021 | 389.00 Mn |
API Access
Cognizant Technology Solutions Payables 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=payables&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();