Cognizant Technology Solutions Cash Flow Statement
NASDAQ: CTSHTechnologyInformation Technology ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cognizant Technology Solutions free cash flow
In fiscal 2025, Cognizant Technology Solutions generated $2.88 billion of operating cash flow and spent $288.0 million on capital expenditures. That left free cash flow of $2.60 billion, a free-cash-flow margin of 12.3% of revenue. Free cash flow was up 42.0% from the prior year's $1.83 billion.
Cognizant Technology Solutions returned $1.99 billion to shareholders: $610.0 million in dividends and $1.38 billion in share repurchases, equal to 77% of free cash flow. Free cash flow covered dividend payments 4.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Cognizant Technology Solutions cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.23B | 2.24B | 2.13B | 2.29B | 2.14B | 1.39B | 1.84B | 2.10B | 1.50B | 1.55B |
| Net Income growth (YoY) | -0.45% | +5.36% | -7.16% | +7.16% | +53.52% | -24.43% | -12.33% | +39.69% | -3.16% | -4.37% |
| Depreciation & Amortization | 550.00M | 542.00M | 555.00M | 569.00M | 574.00M | 559.00M | 526.00M | 498.00M | 443.00M | 379.00M |
| Stock-Based Compensation | 181.00M | 175.00M | 176.00M | 261.00M | 246.00M | 232.00M | 217.00M | 267.00M | 221.00M | 217.00M |
| Change in Working Capital | -338.00M | -510.00M | -189.00M | -324.00M | -488.00M | 813.00M | 101.00M | -407.00M | 186.00M | -308.00M |
| Operating Cash Flow | 2.88B | 2.12B | 2.33B | 2.57B | 2.50B | 3.30B | 2.50B | 2.59B | 2.41B | 1.65B |
| Capital Expenditures | -288.00M | -297.00M | -317.00M | -332.00M | -279.00M | -398.00M | -392.00M | -377.00M | -284.00M | -300.00M |
| Investing Cash Flow | -230.00M | -1.65B | -331.00M | -106.00M | -2.16B | -1.24B | 1.59B | -1.63B | -582.00M | -963.00M |
| Dividends Paid | -610.00M | -600.00M | -591.00M | -564.00M | -509.00M | -480.00M | -453.00M | -468.00M | -265.00M | 0 |
| Share Repurchases | -1.38B | -605.00M | -1.06B | -1.42B | -771.00M | -1.62B | -2.25B | -1.26B | -1.89B | -512.00M |
| Debt Issued | — | 0 | 0 | 650.00M | 0 | 0 | — | — | — | 0 |
| Financing Cash Flow | -2.27B | -915.00M | -1.61B | -1.94B | -1.20B | -2.01B | -2.57B | -1.69B | -1.99B | -743.00M |
| Net Change in Cash | 403.00M | -486.00M | 423.00M | 502.00M | -888.00M | 35.00M | 1.48B | -764.00M | -109.00M | -91.00M |
| Free Cash Flow | 2.60B | 1.83B | 2.01B | 2.24B | 2.22B | 2.90B | 2.11B | 2.21B | 2.12B | 1.34B |
This table shows 10 annual periods of Cognizant Technology Solutions's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CTSH's reporting calendar. What is a cash flow statement?