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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.15 Bn | 43.21 Bn | 1.60 Bn | 463.39 Mn |
| 2 | Cognizant Technology Solutions | 25.69 Bn | 18.86 Bn | 1.83 Bn | 390.00 Mn |
| 3 | Td Synnex | 20.64 Bn | 14.68 Bn | 1.34 Bn | 21.18 Bn |
| 4 | Cdw | 16.25 Bn | 14.24 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Cgi | 15.05 Bn | 12.83 Bn | - | 809.53 Mn |
| 6 | Arrow Electronics | 11.71 Bn | 10.74 Bn | 1.13 Bn | 27.11 Bn |
| 7 | Avnet | 8.41 Bn | 7.59 Bn | 865.03 Mn | 6.05 Bn |
| 8 | Ingram Micro Holding | 6.34 Bn | 1.95 Bn | 958.68 Mn | 11.80 Bn |
| 9 | EPAM Systems | 5.52 Bn | 1.16 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Science Applications International | 5.38 Bn | 4.92 Bn | 239.00 Mn | 597.00 Mn |
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 |
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_KEY
import 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();