Cognizant Technology Solutions Corporation CTSH
- Market cap
- $25.6B
- P/E
- 12.3×
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Cognizant Technology Solutions Corporation (CTSH) Free cash flow
Cognizant Technology Solutions Corporation's free cash flow for fiscal 2025 was $2.7B, up 45.9% from $1.8B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.6B. Over the past ten years it has ranged from $1.3B (fiscal 2016) to $2.9B (fiscal 2020); the current reading is higher than 91% of that period. Cognizant Technology Solutions Corporation ranks 5th of 72 Information Technology Services companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.7B | 45.87% |
| FY2024 | $1.8B | (9.24%) |
| FY2023 | $2.0B | (9.97%) |
| FY2022 | $2.2B | 0.90% |
| FY2021 | $2.2B | (23.61%) |
| FY2020 | $2.9B | 37.68% |
| FY2019 | $2.1B | (4.88%) |
| FY2018 | $2.2B | 4.33% |
| FY2017 | $2.1B | 57.84% |
| FY2016 | $1.3B | (29.73%) |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $459.0M | 131.82% |
| Mar 2026 | $198.0M | (74.65%) |
| Dec 2025 | $781.0M | (32.67%) |
| Sep 2025 | $1.2B | 250.45% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FISV Fiserv, Inc. compare | $4.1B |
| INFY American Noble Gas Inc. compare | $3.8B |
| CTSH Cognizant Technology Solutions Corporation | $2.6B |
| LDOS Leidos Holdings, Inc. compare | $2.2B |
| FIS Fidelity National Information Services, Inc. compare | $1.9B |
| WIT Wipro Limited compare | $1.3B |
| BR Broadridge Financial Solutions, Inc. compare | $1.2B |
| CDW CDW Corporation compare | $860.2M |
| CACI CACI International, Inc. compare | $780.1M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on CTSH
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement