Cognizant Technology Solutions Corporation (CTSH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 7.83B | 8.55B | 8.09B | 7.61B | 7.54B | 7.5B | 7.55B | 7.25B | 7.09B | 7.51B | 7.13B | 6.95B | 7.23B | 7.27B | 7.32B | 7.02B | 7.08B | 7.34B | 7B | 6.45B |
| Cash & Short-Term Investments | 1.52B | 1.91B | 2.35B | 1.81B | 1.99B | 2.24B | 2.02B | 2.21B | 2.24B | 2.63B | 2.37B | 2.1B | 2.48B | 2.5B | 2.73B | 2.32B | 2.32B | 2.72B | 2.41B | 1.85B |
| Cash Only | 1.5B | 1.9B | 2.34B | 1.8B | 1.98B | 2.23B | 2.01B | 2.19B | 2.23B | 1.79B | 2.2B | 2.06B | 2.46B | 2.19B | 2.04B | 1.77B | 2.19B | 1.79B | 1.66B | 1.37B |
| Short-Term Investments | 13M | 13M | 13M | 12M | 12M | 12M | 12M | 12M | 12M | 848M | 164M | 40M | 23M | 310M | 689M | 552M | 127M | 927M | 749M | 482M |
| Accounts Receivable | 4.61B | 4.44B | 4.39B | 4.4B | 4.24B | 4.06B | 4.21B | 3.97B | 3.82B | 3.85B | 3.81B | 3.75B | 3.72B | 3.8B | 3.69B | 3.79B | 3.66B | 3.56B | 3.51B | 3.42B |
| Days Sales Outstanding | 75.22 | 76.16 | 74.7 | 74.96 | 73 | 74.81 | 74.59 | 73.13 | 73.33 | 74.02 | 71.03 | 69.59 | 70.27 | 71.12 | 70.76 | 69.08 | 67.32 | 68.05 | 67.19 | 66 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.71B | 2.2B | 1.35B | 1.4B | 1.31B | 1.2B | 1.32B | 1.07B | 1.02B | 1.02B | 952M | 1.1B | 1.03B | 969M | 900M | 918M | 1.09B | 1.07B | 1.07B | 1.18B |
| Total Non-Current Assets | 12.66B | 12.14B | 12.04B | 12.56B | 12.42B | 12.46B | 12.62B | 11.34B | 11.32B | 10.98B | 10.95B | 11.02B | 10.92B | 10.59B | 10.03B | 10.23B | 10.36B | 10.51B | 10.24B | 10.38B |
| Property, Plant & Equipment | 1.49B | 1.51B | 1.53B | 1.54B | 1.54B | 1.55B | 1.59B | 1.56B | 1.63B | 1.66B | 1.77B | 1.88B | 1.94B | 1.98B | 1.98B | 2.03B | 2.09B | 2.1B | 2.13B | 2.23B |
| Fixed Asset Turnover | 3.61x | 3.52x | 3.53x | 3.40x | 3.31x | 3.24x | 3.20x | 3.04x | 2.90x | 2.78x | 2.69x | 2.56x | 2.45x | 2.45x | 2.42x | 2.39x | 2.30x | 2.25x | 2.17x | 2.06x |
| Goodwill | 7.68B | 7.11B | 7.1B | 7.12B | 7.01B | 6.95B | 7.13B | 6.39B | 6.39B | 6.08B | 6.01B | 6.07B | 6.04B | 5.71B | 5.42B | 5.52B | 5.61B | 5.62B | 5.45B | 5.46B |
| Intangible Assets | 1.49B | 1.42B | 1.47B | 1.52B | 1.55B | 1.6B | 1.68B | 1.13B | 1.17B | 1.15B | 1.17B | 1.23B | 1.26B | 1.17B | 1.04B | 1.1B | 1.17B | 1.22B | 1.2B | 1.22B |
| Long-Term Investments | 113M | 111M | 107M | 110M | 94M | 90M | 90M | 86M | 83M | 440M | 432M | 425M | 64M | 427M | 68M | 68M | 458M | 463M | 466M | 433M |
| Other Non-Current Assets | 1.04B | 1.03B | 990M | 999M | 1.01B | 1.03B | 1.03B | 1.06B | 1.05B | 649M | 632M | 661M | 943M | 662M | 1B | 1.05B | 708M | 701M | 705M | 732M |
| Total Assets | 20.5B | 20.69B | 20.13B | 20.16B | 19.97B | 19.97B | 20.16B | 18.58B | 18.41B | 18.48B | 18.08B | 17.97B | 18.15B | 17.85B | 17.35B | 17.26B | 17.43B | 17.85B | 17.23B | 16.83B |
| Asset Turnover | 0.26x | 0.26x | 0.27x | 0.26x | 0.26x | 0.25x | 0.26x | 0.26x | 0.26x | 0.26x | 0.27x | 0.27x | 0.27x | 0.27x | 0.28x | 0.28x | 0.27x | 0.27x | 0.28x | 0.27x |
| Asset Growth % | 2.67% | 3.64% | -0.15% | 8.53% | 8.47% | 8.02% | 11.53% | 3.41% | 1.44% | 3.53% | 4.22% | 4.11% | 4.09% | 0% | 0.67% | 2.55% | 4.65% | 5.49% | -8.28% | -7.61% |
| Total Current Liabilities | 3.52B | 3.66B | 3.43B | 3.16B | 3.41B | 3.58B | 3.39B | 2.95B | 3.01B | 3.33B | 3.19B | 3.06B | 3.32B | 3.35B | 3.22B | 3.15B | 3.19B | 3.53B | 3.32B | 3.18B |
| Accounts Payable | 363M | 308M | 284M | 279M | 326M | 340M | 304M | 298M | 291M | 337M | 325M | 318M | 332M | 360M | 367M | 357M | 394M | 361M | 351M | 351M |
| Days Payables Outstanding | 7.93 | 7.41 | 7.23 | 7.91 | 8.82 | 8.99 | 8.36 | 8.36 | 9.08 | 9.88 | 9.22 | 9.15 | 9.91 | 10.61 | 10.81 | 10.96 | 10.97 | 10.81 | 10.96 | 11.12 |
| Short-Term Debt | 173M | 186M | 33M | 33M | 33M | 33M | 33M | 33M | 33M | 33M | 33M | 24M | 16M | 8M | 0 | 38M | 38M | 38M | 38M | 38M |
| Deferred Revenue (Current) | 580M | 501M | 384M | 440M | 519M | 450M | 355M | 391M | 449M | 385M | 302M | 380M | 469M | 398M | 345M | 408M | 455M | 403M | 312M | 356M |
| Other Current Liabilities | 2.4B | 2.66B | 2.02B | 1.75B | 1.8B | 2.5B | 1.95B | 1.63B | 908M | 2.01B | 1.91B | 1.32B | 1.58B | 744M | 1.75B | 1.59B | 1.59B | 857M | 1.93B | 1.78B |
| Current Ratio | 2.23x | 2.34x | 2.36x | 2.41x | 2.22x | 2.09x | 2.23x | 2.46x | 2.35x | 2.25x | 2.23x | 2.27x | 2.18x | 2.17x | 2.27x | 2.23x | 2.22x | 2.08x | 2.11x | 2.03x |
| Quick Ratio | 2.23x | 2.34x | 2.36x | 2.41x | 2.22x | 2.09x | 2.23x | 2.46x | 2.35x | 2.25x | 2.23x | 2.27x | 2.18x | 2.17x | 2.27x | 2.23x | 2.22x | 2.08x | 2.11x | 2.03x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.91B | 2.02B | 1.8B | 1.72B | 1.66B | 1.97B | 2.32B | 1.74B | 1.91B | 1.92B | 2.01B | 2.01B | 2.17B | 2.2B | 2.17B | 2.15B | 2.27B | 2.33B | 2.37B | 2.44B |
| Long-Term Debt | 919M | 966M | 551M | 559M | 567M | 875M | 1.18B | 590M | 598M | 606M | 614M | 622M | 630M | 638M | 636M | 608M | 617M | 626M | 636M | 645M |
| Capital Lease Obligations | 0 | 423M | 432M | 430M | 424M | 435M | 455M | 466M | 503M | 523M | 634M | 664M | 688M | 714M | 711M | 747M | 758M | 783M | 804M | 842M |
| Deferred Tax Liabilities | 195M | 168M | 168M | 169M | 171M | 154M | 218M | 203M | 201M | 226M | 220M | 220M | 215M | 180M | 190M | 207M | 213M | 218M | 214M | 230M |
| Other Non-Current Liabilities | 798M | 424M | 618M | 528M | 467M | 479M | 440M | 448M | 568M | 526M | 504M | 472M | 600M | 645M | 612M | 569M | 664M | 665M | 676M | 691M |
| Total Liabilities | 5.43B | 5.68B | 5.24B | 4.88B | 5.07B | 5.56B | 5.71B | 4.68B | 4.92B | 5.26B | 5.2B | 5.06B | 5.49B | 5.54B | 5.39B | 5.31B | 5.46B | 5.86B | 5.69B | 5.62B |
| Total Debt | 1.09B | 1.57B | 1.17B | 1.18B | 1.18B | 1.5B | 1.86B | 1.24B | 1.28B | 1.31B | 1.45B | 1.48B | 1.51B | 1.53B | 1.52B | 1.57B | 1.61B | 1.64B | 1.68B | 1.73B |
| Net Debt | -412M | -326M | -1.17B | -619M | -801M | -728M | -150M | -956M | -954M | -472M | -759M | -574M | -951M | -657M | -522M | -197M | -585M | -150M | 14M | 361M |
| Debt / Equity | 0.07x | 0.10x | 0.08x | 0.08x | 0.08x | 0.10x | 0.13x | 0.09x | 0.09x | 0.10x | 0.11x | 0.11x | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.14x | 0.15x | 0.15x |
| Debt / EBITDA | 1.14x | 1.59x | 1.17x | 1.23x | 1.19x | 1.68x | 2.14x | 1.47x | 1.54x | 1.53x | 1.74x | 2.06x | 1.81x | 1.85x | 1.62x | 1.74x | 1.85x | 1.87x | 1.92x | 2.06x |
| Net Debt / EBITDA | -0.43x | -0.33x | -1.17x | -0.65x | -0.81x | -0.81x | -0.17x | -1.14x | -1.15x | -0.55x | -0.91x | -0.80x | -1.14x | -0.79x | -0.56x | -0.22x | -0.67x | -0.17x | 0.02x | 0.43x |
| Interest Coverage | 116.71x | 110.75x | 111.88x | 94.56x | 73.67x | 39.95x | 54.43x | 73.80x | 66.64x | 69.09x | 65.82x | 59.70x | 83.00x | 90.25x | 136.33x | 254.67x | 365.50x | 369.50x | 244.67x | 348.00x |
| Total Equity | 15.07B | 15.02B | 14.9B | 15.29B | 14.9B | 14.41B | 14.45B | 13.9B | 13.49B | 13.23B | 12.88B | 12.9B | 12.66B | 12.31B | 11.96B | 11.95B | 11.97B | 11.99B | 11.55B | 11.21B |
| Equity Growth % | 1.13% | 4.21% | 3.08% | 10% | 10.44% | 8.93% | 12.19% | 7.71% | 6.55% | 7.46% | 7.73% | 7.97% | 5.75% | 2.65% | 3.57% | 6.65% | 8.48% | 10.66% | 3.64% | 2.12% |
| Book Value per Share | 31.59 | 31.15 | 30.59 | 31.07 | 30.10 | 28.99 | 29.14 | 27.91 | 27.09 | 26.40 | 25.51 | 25.45 | 24.87 | 23.99 | 23.13 | 22.94 | 22.81 | 22.80 | 21.95 | 21.22 |
| Total Shareholders' Equity | 15.07B | 15.02B | 14.9B | 15.29B | 14.9B | 14.41B | 14.45B | 13.9B | 13.49B | 13.23B | 12.88B | 12.9B | 12.66B | 12.31B | 11.96B | 11.95B | 11.97B | 11.99B | 11.55B | 11.21B |
| Common Stock | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M |
| Retained Earnings | 15.27B | 15.16B | 14.94B | 15.23B | 15.04B | 14.69B | 14.35B | 14.03B | 13.62B | 13.3B | 13.15B | 13.02B | 12.86B | 12.59B | 12.45B | 12.19B | 11.96B | 11.92B | 11.48B | 11.09B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -226M | -160M | -64M | 43M | -165M | -296M | 42M | -150M | -156M | -94M | -285M | -141M | -222M | -299M | -511M | -269M | -19M | 37M | 33M | 82M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |