Cognizant Technology Solutions Corporation (CTSH) quarterly cash flow statement — complete operating, investing & financing history
Cognizant Technology Solutions Corporation (CTSH) cash flow statement — 28-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Cash from Operations | 1B | 558M | 274M | 858M | 1.23B | 398M | 400M | 920M | 847M | 262M | 95M | 737M | 828M | 36M | 729M | 702M | 1.03B | 528M | 306M | 825M |
| Operating CF Margin % | 17.73% | 10.18% | 5.06% | 16.09% | 22.66% | 7.59% | 7.82% | 18.1% | 16.79% | 5.4% | 2% | 15.49% | 16.91% | 0.74% | 15.15% | 14.51% | 21.25% | 10.76% | 6.34% | 17.27% |
| Operating CF Growth % | -18.17% | 40.2% | -31.5% | -6.74% | 44.86% | 51.91% | 321.05% | 24.83% | 2.29% | 627.78% | -86.97% | 4.99% | -19.77% | -93.18% | 138.24% | -14.91% | 8.86% | -2.4% | 69.06% | -8.13% |
| Net Income | 627M | 636M | 662M | 648M | 274M | 645M | 663M | 546M | 582M | 566M | 546M | 558M | 525M | 463M | 580M | 521M | 629M | 577M | 563M | 576M |
| Depreciation & Amortization | 149M | -141M | 141M | 140M | 135M | 139M | 136M | 141M | 133M | 133M | 133M | 127M | 273M | 131M | 132M | 141M | 141M | 144M | 143M | 144M |
| Stock-Based Compensation | 50M | -17M | 46M | 44M | 47M | 48M | 42M | 0 | 44M | 48M | 42M | 0 | 0 | 0 | 44M | 58M | 58M | 89M | 56M | 52M |
| Deferred Taxes | 9M | -111M | 111M | -88M | 406M | -45M | 54M | -153M | -77M | -99M | -26M | -52M | -174M | -97M | -16M | -145M | -54M | -144M | 70M | -119M |
| Other Non-Cash Items | 5M | -514M | 19M | -2M | 12M | -9M | -68M | 52M | -8M | -1M | 32M | -4M | -52M | 54M | 27M | -36M | 30M | 24M | 27M | 0 |
| Working Capital Changes | 164M | 705M | -705M | 116M | 353M | -380M | -427M | 334M | 173M | -385M | -632M | 108M | 256M | -515M | -38M | 163M | 228M | -162M | -553M | 172M |
| Change in Receivables | -66M | 143M | -143M | -44M | -2M | -143M | -177M | 117M | -45M | -160M | 39M | -29M | -64M | -39M | 89M | -65M | 78M | -134M | -117M | -36M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 10M | -25M | 25M | 33M | -6M | -38M | 9M | 6M | 5M | 13M | -47M | 12M | 5M | -14M | -26M | 6M | -8M | -44M | 35M | 4M |
| Cash from Investing | -108M | -703M | -806M | -75M | -66M | -82M | -7M | -79M | -1.25B | -79M | -238M | 168M | -199M | -85M | -215M | -78M | -257M | -471M | 700M | -498M |
| Capital Expenditures | -79M | -99M | -76M | -77M | -67M | -67M | -77M | -83M | -56M | -79M | -79M | -78M | -73M | -68M | -98M | -90M | -79M | -43M | -120M | -65M |
| CapEx % of Revenue | 1.39% | 1.81% | 1.4% | 1.44% | 1.24% | 1.28% | 1.51% | 1.63% | 1.11% | 1.63% | 1.66% | 1.64% | 1.49% | 1.39% | 2.04% | 1.86% | 1.63% | 0.88% | 2.49% | 1.36% |
| Acquisitions | 21M | -604M | -730M | 0 | 0 | 0 | 70M | 0 | -1.19B | 0 | -421M | 0 | 0 | 0 | -409M | -367M | 9M | 0 | 19M | -255M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -418M | -320M | -597M | -487M | -612M | -516M | -657M | -602M | 212M | -221M | -304M | -455M | -450M | -354M | -350M | -431M | -458M | -450M | -600M | -196M |
| Debt Issued (Net) | -11M | 988M | -11M | -10M | -11M | -9M | -312M | -312M | 589M | -10M | -40M | -10M | -4M | -10M | -1M | 8M | -21M | -12M | -14M | -13M |
| Equity Issued (Net) | -258M | -1.18B | -427M | -326M | -450M | -354M | -190M | -140M | -228M | -61M | -113M | -299M | -299M | -196M | -199M | -300M | -296M | -297M | -443M | -56M |
| Dividends Paid | -149M | -157M | -159M | -151M | -151M | -153M | -155M | -150M | -149M | -150M | -151M | -146M | -147M | -148M | -150M | -139M | -141M | -141M | -143M | -127M |
| Share Repurchases | -270M | -1.16B | -444M | -338M | -463M | -368M | -209M | -154M | -242M | -76M | -133M | -313M | -315M | -214M | -222M | -315M | -315M | -318M | -474M | -82M |
| Other Financing | 0 | 29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 477M | -1.65B | -1.13B | 293M | 103M | 364M | -54M | -330M | -350M | 159M | -26M | -417M | 149M | -403M | 267M | 149M | 274M | -424M | 400M | 128M |
| Free Cash Flow | 925M | 459M | 198M | 781M | 1.16B | 331M | 323M | 837M | 791M | 183M | 16M | 659M | 755M | -32M | 631M | 612M | 953M | 485M | 186M | 760M |
| FCF Margin % | 16.33% | 8.37% | 3.66% | 14.64% | 21.42% | 6.31% | 6.31% | 16.47% | 15.68% | 3.77% | 0.34% | 13.85% | 15.42% | -0.65% | 13.11% | 12.65% | 19.62% | 9.89% | 3.85% | 15.91% |
| FCF Growth % | -20.26% | 38.67% | -38.7% | -6.69% | 46.65% | 80.87% | 1918.75% | 27.01% | 4.77% | 671.88% | -97.46% | 7.68% | -20.78% | -106.6% | 239.25% | -19.47% | 6.24% | 4.08% | 100% | -6.06% |
| FCF per Share | 2.06 | 0.98 | 0.42 | 1.62 | 2.38 | 0.67 | 0.65 | 1.68 | 1.59 | 0.37 | 0.03 | 1.32 | 1.50 | -0.06 | 1.24 | 1.19 | 1.84 | 0.93 | 0.35 | 1.44 |
| FCF Conversion (FCF/Net Income) | 1.60x | 0.88x | 0.41x | 1.32x | 4.48x | 0.62x | 0.60x | 1.68x | 1.46x | 0.46x | 0.17x | 1.32x | 1.58x | 0.08x | 1.26x | 1.35x | 1.64x | 0.92x | 0.54x | 1.43x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |