Cognizant Technology Solutions annual free cash flow
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Cognizant Technology Solutions Free Cash Flow (FCF) History (CTSH)
Cognizant Technology Solutions reported $2.60B in free cash flow for fiscal 2025, an increase of 42.04% from the previous fiscal year, with a free cash flow margin of 12.29%.
View full Cognizant Technology Solutions company overviewCognizant Technology Solutions free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.60B | $768.0M | +42.04% | +12.29% |
| 2024 | 2024-12-31 | $1.83B | −$186.0M | −9.24% | +9.26% |
| 2023 | 2023-12-31 | $2.01B | −$223.0M | −9.97% | +10.40% |
| 2022 | 2022-12-31 | $2.24B | $20.0M | +0.90% | +11.51% |
| 2021 | 2021-12-31 | $2.22B | −$685.0M | −23.61% | +11.97% |
| 2020 | 2020-12-31 | $2.90B | $794.0M | +37.68% | +17.42% |
| 2019 | 2019-12-31 | $2.11B | −$108.0M | −4.88% | +12.55% |
| 2018 | 2018-12-31 | $2.21B | $92.0M | +4.33% | +13.74% |
| 2017 | 2017-12-31 | $2.12B | $778.0M | +57.84% | +14.33% |
| 2016 | 2016-12-31 | $1.34B | −$569.0M | −29.73% | +9.97% |
| 2015 | 2015-12-31 | $1.91B | $653.0M | +51.78% | +15.42% |
| 2014 | 2014-12-31 | $1.26B | $98.8M | +8.50% | +12.29% |
| 2013 | 2013-12-31 | $1.16B | $324.1M | +38.67% | +13.14% |
| 2012 | 2012-12-31 | $838.1M | $251.2M | +42.80% | +11.41% |
| 2011 | 2011-12-31 | $586.9M | $7.8M | +1.34% | +9.59% |
| 2010 | 2010-12-31 | $579.1M | −$16.5M | −2.78% | +12.61% |
| 2009 | 2009-12-31 | $595.7M | $335.4M | +128.85% | +18.17% |
| 2008 | 2008-12-31 | $260.3M | $98.4M | +60.82% | +9.24% |
| 2007 | 2007-12-31 | $161.9M | — | — | +7.58% |
Cognizant Technology Solutions quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $459.0M | $128.0M | +38.67% | +8.37% |
| Q1 2026 | 2026-03-31 | $198.0M | −$125.0M | −38.70% | +3.66% |
| Q4 2025 | 2025-12-31 | $781.0M | −$56.0M | −6.69% | +14.64% |
| Q3 2025 | 2025-09-30 | $1.16B | $369.0M | +46.65% | +21.42% |
| Q2 2025 | 2025-06-30 | $331.0M | $148.0M | +80.87% | +6.31% |
| Q1 2025 | 2025-03-31 | $323.0M | $307.0M | +1918.75% | +6.31% |
| Q4 2024 | 2024-12-31 | $837.0M | $178.0M | +27.01% | +16.47% |
| Q3 2024 | 2024-09-30 | $791.0M | $36.0M | +4.77% | +15.68% |
| Q2 2024 | 2024-06-30 | $183.0M | $215.0M | — | +3.77% |
| Q1 2024 | 2024-03-31 | $16.0M | −$615.0M | −97.46% | +0.34% |
| Q4 2023 | 2023-12-31 | $659.0M | $47.0M | +7.68% | +13.85% |
| Q3 2023 | 2023-09-30 | $755.0M | −$198.0M | −20.78% | +15.42% |
| Q2 2023 | 2023-06-30 | −$32.0M | −$517.0M | — | −0.65% |
| Q1 2023 | 2023-03-31 | $631.0M | $445.0M | +239.25% | +13.11% |
| Q4 2022 | 2022-12-31 | $612.0M | −$148.0M | −19.47% | +12.65% |
| Q3 2022 | 2022-09-30 | $953.0M | $56.0M | +6.24% | +19.62% |
| Q2 2022 | 2022-06-30 | $485.0M | $19.0M | +4.08% | +9.89% |
| Q1 2022 | 2022-03-31 | $186.0M | $93.0M | +100.00% | +3.85% |
| Q4 2021 | 2021-12-31 | $760.0M | −$49.0M | −6.06% | +15.91% |
| Q3 2021 | 2021-09-30 | $897.0M | $76.0M | +9.26% | +18.91% |
| Q2 2021 | 2021-06-30 | $466.0M | −$420.0M | −47.40% | +10.16% |
| Q1 2021 | 2021-03-31 | $93.0M | −$292.0M | −75.84% | +2.11% |
| Q4 2020 | 2020-12-31 | $809.0M | −$36.0M | −4.26% | +19.34% |
| Q3 2020 | 2020-09-30 | $821.0M | $201.0M | +32.42% | +19.35% |
| Q2 2020 | 2020-06-30 | $886.0M | $407.0M | +84.97% | +22.15% |
| Q1 2020 | 2020-03-31 | $385.0M | $222.0M | +136.20% | +9.11% |
| Q4 2019 | 2019-12-31 | $845.0M | $239.0M | +39.44% | +19.72% |
| Q3 2019 | 2019-09-30 | $620.0M | −$148.0M | −19.27% | +14.60% |
| Q2 2019 | 2019-06-30 | $479.0M | −$70.0M | −12.75% | +11.57% |
| Q1 2019 | 2019-03-31 | $163.0M | −$129.0M | −44.18% | +3.97% |
| Q4 2018 | 2018-12-31 | $606.0M | −$150.0M | −19.84% | +14.68% |
| Q3 2018 | 2018-09-30 | $768.0M | $73.0M | +10.50% | +18.83% |
| Q2 2018 | 2018-06-30 | $549.0M | $88.0M | +19.09% | +13.70% |
| Q1 2018 | 2018-03-31 | $292.0M | $81.0M | +38.39% | +7.46% |
| Q4 2017 | 2017-12-31 | $756.0M | $239.0M | +46.23% | +19.75% |
| Q3 2017 | 2017-09-30 | $695.0M | $166.0M | +31.38% | +18.45% |
| Q2 2017 | 2017-06-30 | $461.0M | $170.0M | +58.42% | +12.56% |
| Q1 2017 | 2017-03-31 | $211.0M | $203.0M | +2537.50% | +5.95% |
| Q4 2016 | 2016-12-31 | $517.0M | −$132.4M | −20.39% | +14.93% |
| Q3 2016 | 2016-09-30 | $529.0M | −$223.8M | −29.73% | +15.32% |
| Q2 2016 | 2016-06-30 | $291.0M | −$89.5M | −23.52% | +8.64% |
| Q1 2016 | 2016-03-31 | $8.0M | −$123.3M | −93.91% | +0.25% |
| Q4 2015 | 2015-12-31 | $649.4M | $399.7M | +160.07% | +20.09% |
| Q3 2015 | 2015-09-30 | $752.8M | $225.1M | +42.66% | +23.62% |
| Q2 2015 | 2015-06-30 | $380.5M | $10.9M | +2.95% | +12.33% |
| Q1 2015 | 2015-03-31 | $131.3M | $17.3M | +15.18% | +4.51% |
| Q4 2014 | 2014-12-31 | $249.7M | −$148.9M | −37.36% | +9.11% |
| Q3 2014 | 2014-09-30 | $527.7M | $80.7M | +18.04% | +20.45% |
| Q2 2014 | 2014-06-30 | $369.6M | $54.4M | +17.25% | +14.68% |
| Q1 2014 | 2014-03-31 | $114.0M | $112.7M | +8785.42% | +4.71% |
| Q4 2013 | 2013-12-31 | $398.6M | $162.5M | +68.84% | +16.92% |
| Q3 2013 | 2013-09-30 | $447.0M | $132.1M | +41.96% | +19.39% |
| Q2 2013 | 2013-06-30 | $315.2M | $69.5M | +28.26% | +14.59% |
| Q1 2013 | 2013-03-31 | $1.3M | −$40.0M | −96.89% | +0.06% |
| Q4 2012 | 2012-12-31 | $236.1M | $75.6M | +47.11% | +12.12% |
| Q3 2012 | 2012-09-30 | $314.9M | $59.7M | +23.38% | +16.65% |
| Q2 2012 | 2012-06-30 | $245.8M | $64.4M | +35.51% | +13.69% |
| Q1 2012 | 2012-03-31 | $41.3M | $51.5M | — | +2.41% |
| Q4 2011 | 2011-12-31 | $160.5M | −$157.2M | −49.49% | +9.65% |
| Q3 2011 | 2011-09-30 | $255.2M | $65.3M | +34.37% | +15.94% |
| Q2 2011 | 2011-06-30 | $181.4M | $88.0M | +94.30% | +12.21% |
| Q1 2011 | 2011-03-31 | −$10.2M | $11.7M | — | −0.74% |
| Q4 2010 | 2010-12-31 | $317.7M | $94.8M | +42.55% | +24.24% |
| Q3 2010 | 2010-09-30 | $189.9M | $13.5M | +7.64% | +15.61% |
| Q2 2010 | 2010-06-30 | $93.3M | −$48.4M | −34.13% | +8.45% |
| Q1 2010 | 2010-03-31 | −$21.9M | −$76.5M | — | −2.28% |
| Q4 2009 | 2009-12-31 | $222.9M | — | — | +24.69% |
| Q3 2009 | 2009-09-30 | $176.5M | $97.8M | +124.37% | +20.68% |
| Q2 2009 | 2009-06-30 | $141.7M | — | — | +18.25% |
| Q1 2009 | 2009-03-31 | $54.6M | — | — | +7.32% |
| Q3 2008 | 2008-09-30 | $78.7M | — | — | +10.70% |
Cognizant Technology Solutions free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $2.90B to $2.60B, a compound annual decline of 2.20%. Cognizant Technology Solutions's latest reported quarter, Q2 2026, generated $459.0M in free cash flow, an increase of 38.67% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Cognizant Technology Solutions source filings ↗Community posts
Cognizant sets US graduate-hiring and AI-workforce expansion targets
Cognizant announced workforce investment plans on 7 September 2026. New targets The company plans to hire 1,500 US college graduates and expand its Frontier Certified Engineer and Frontier Business Operator workforce to a combined 15,000 pe ...
