Cognizant Technology Solutions (CTSH) Restructuring Costs (2018 - 2024)
Cognizant Technology Solutions (CTSH) reported Restructuring Costs of $49.0 million for Q4 2024, up 22.5% year-over-year from $40.0 million in Q1 2024, and up 48.48% quarter-over-quarter from $33.0 million in Q3 2024.
Cognizant Technology Solutions (CTSH) Restructuring Costs (2018 - 2024) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 5 years of Restructuring Costs data on file, last reported at $49.0 million in Q4 2024.
- Restructuring Costs for Q4 2024 came in at $49.0 million, up 22.5% year-over-year; the trailing twelve-month figure through Sep 2025 was $49.0 million (down 60.8% YoY), and the FY2024 annual result was $134.0 million, down 41.48% from the prior year.
- Restructuring Costs rose to $49.0 million in Q4 2024 per CTSH's latest filing, from $33.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $117.0 million in Q2 2023 and troughed at $23.0 million in Q1 2024.
- A 3-year average of $52.5 million and a median of $49.0 million in 2024 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2020 and 2024: Restructuring Costs jumped 2650.0% in 2020, then tumbled 75.21% in 2024.
- A 3-year view of Restructuring Costs shows it stood at $38.0 million in 2020, then rose by 5.26% to $40.0 million in 2023, then grew by 22.5% to $49.0 million in 2024.
- Business Quant data shows CTSH's Restructuring Costs at $49.0 million in Q4 2024, $33.0 million in Q3 2024, and $29.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 49.00 Mn |
| Sep 30, 2024 | 33.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 23.00 Mn |
| Dec 31, 2023 | 40.00 Mn |
| Sep 30, 2023 | 72.00 Mn |
| Jun 30, 2023 | 117.00 Mn |
| Dec 31, 2020 | 38.00 Mn |
| Sep 30, 2020 | 51.00 Mn |
| Jun 30, 2020 | 71.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Dec 31, 2019 | 101.00 Mn |
| Sep 30, 2019 | 65.00 Mn |
| Jun 30, 2019 | 49.00 Mn |
| Mar 31, 2019 | 2.00 Mn |
| Dec 31, 2018 | 7.00 Mn |
| Sep 30, 2018 | 11.00 Mn |
| Mar 31, 2018 | 1.00 Mn |