Cognizant Technology Solutions (CTSH) Shares Outstanding (Diluted) (2009 - 2026)
Cognizant Technology Solutions' Shares Outstanding (Diluted) was 466 million in Q2 2026, down 5.3% from 492 million a year earlier and down 2.3% from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Cognizant Technology Solutions came in at 489 million, down 1.6% from FY2024.
- 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, 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%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 42 straight quarters, with an average decline of 2.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 0.6% in Q1 2025 to 5.3% in Q2 2026.
- Per Business Quant data, CTSH's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 477 million (Q1 2026), 489 million (Q4 2025) and 487 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | 4.12 Bn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 466.00 Mn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 10.50 Bn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 79.41 Mn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 127.40 Mn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | 225.49 Mn |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 51.87 Mn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 83.42 Mn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 52.27 Mn |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | 232.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 526.00 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();