Cognizant Technology Solutions (CTSH) Payables (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Payables came in at $390.0 million in Q2 2026, up 25.0% year-over-year from $312.0 million in Q2 2025, and down 1.52% quarter-over-quarter from $396.0 million in Q1 2026.
Analysis
Cognizant Technology Solutions (CTSH) Payables (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Payables for 18 consecutive years, with $390.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables rose 25.0% year-over-year to $390.0 million in Q2 2026; TTM through Jun 2026 was $390.0 million, a 25.0% increase from a year earlier, with the FY2025 full-year figure at $341.0 million, down 8.58% from the prior year.
- Payables was $390.0 million for Q2 2026 at Cognizant Technology Solutions, down from $396.0 million in the prior quarter.
- Over five years, Payables peaked at $432.0 million in Q1 2022 and troughed at $312.0 million in Q2 2025.
- A 5-year average of $358.9 million and a median of $358.5 million in 2023 frame the typical range for Payables.
- Across the five-year window, Payables retreated 19.44% in 2023 and grew 25.0% in 2026, its largest moves.
- Over 5 years, Payables stood at $368.0 million in 2022, then climbed by 0.54% to $370.0 million in 2023, then grew by 0.81% to $373.0 million in 2024, then decreased by 8.58% to $341.0 million in 2025, then increased by 14.37% to $390.0 million in 2026.
- The last three Payables figures came in at $390.0 million (Q2 2026), $396.0 million (Q1 2026), and $341.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.69 Bn | 1.60 Bn | 463.39 Mn |
| 2 | Cognizant Technology Solutions | 27.28 Bn | 26.23 Bn | 1.83 Bn | 390.00 Mn |
| 3 | Cgi | 15.47 Bn | 14.89 Bn | - | 809.53 Mn |
| 4 | EPAM Systems | 5.95 Bn | 5.16 Bn | 429.57 Mn | 41.55 Mn |
| 5 | Science Applications International | 5.48 Bn | 5.35 Bn | 239.00 Mn | - |
| 6 | ExlService Holdings | 5.34 Bn | 5.06 Bn | 225.96 Mn | 6.73 Mn |
| 7 | Kyndryl Holdings | 2.82 Bn | 713.78 Mn | 776.00 Mn | 2.83 Bn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 371.66 Mn |
| 9 | Innodata | 1.80 Bn | 1.54 Bn | 42.46 Mn | 53.04 Mn |
| 10 | DXC Technology | 1.79 Bn | -210.17 Mn | 611.00 Mn | 689.00 Mn |
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 |