Cognizant Technology Solutions (CTSH) Shares Outstanding (Diluted) (2009 - 2026)
Cognizant Technology Solutions' Weighted Average Shares Outstanding (Diluted) was 466 million in Q3 2026, down 4.3% from 487 million a year earlier and unchanged from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Weighted Average Shares Outstanding (Diluted) at Cognizant Technology Solutions came in at 489 million, down 1.6% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has now declined for ten consecutive years, with a five-year compound annual growth rate of -2.0% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 497 million in FY2024 (-1.6%), 505 million in FY2023 (-2.7%), 519 million in FY2022 (-1.7%) and 528 million in FY2021 (-2.4%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has moved between 466 million (Q2 2026) and 528 million (Q4 2021) over five years.
- Compared with a year earlier, Weighted Average Shares Outstanding (Diluted) has declined for 43 straight quarters, with an average decline of 2.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Weighted Average Shares Outstanding (Diluted) ran from 0.6% in Q1 2025 to 5.3% in Q2 2026.
- Per Business Quant data, CTSH's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 466 million (Q2 2026), 477 million (Q1 2026) and 489 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.35 Bn | -77.91 Bn | 1.60 Bn | 4.12 Bn |
| 2 | Cognizant Technology Solutions | 30.16 Bn | 24.12 Bn | 1.91 Bn | 466.00 Mn |
| 3 | Wipro | 22.58 Bn | 17.72 Bn | 745.00 Mn | 10.50 Bn |
| 4 | Cdw | 19.64 Bn | 16.54 Bn | 1.39 Bn | 125.70 Mn |
| 5 | Cgi | 18.54 Bn | 16.34 Bn | - | 225.49 Mn |
| 6 | Td Synnex | 17.34 Bn | 11.50 Bn | 1.43 Bn | 79.41 Mn |
| 7 | Arrow Electronics | 9.29 Bn | 8.24 Bn | 1.13 Bn | 51.87 Mn |
| 8 | EPAM Systems | 8.17 Bn | 4.08 Bn | 445.94 Mn | 51.47 Mn |
| 9 | ExlService Holdings | 6.55 Bn | 5.35 Bn | 241.14 Mn | 152.57 Mn |
| 10 | Avnet | 6.53 Bn | 5.71 Bn | 865.03 Mn | 83.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 466.00 Mn |
| Jun 30, 2026 | 466.00 Mn |
| Mar 31, 2026 | 477.00 Mn |
| Dec 31, 2025 | 489.00 Mn |
| Sep 30, 2025 | 487.00 Mn |
| Jun 30, 2025 | 492.00 Mn |
| Mar 31, 2025 | 495.00 Mn |
| Dec 31, 2024 | 497.00 Mn |
| Sep 30, 2024 | 496.00 Mn |
| Jun 30, 2024 | 498.00 Mn |
| Mar 31, 2024 | 498.00 Mn |
| Dec 31, 2023 | 505.00 Mn |
| Sep 30, 2023 | 505.00 Mn |
| Jun 30, 2023 | 507.00 Mn |
| Mar 31, 2023 | 509.00 Mn |
| Dec 31, 2022 | 519.00 Mn |
| Sep 30, 2022 | 517.00 Mn |
| Jun 30, 2022 | 521.00 Mn |
| Mar 31, 2022 | 525.00 Mn |
| Dec 31, 2021 | 528.00 Mn |
API Access
Cognizant Technology Solutions Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();