Cognizant Technology Solutions Corporation (CTSH)

CTSH Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,436	2,240	2,126	2,290	2,137	1,392
Depreciation & Amortization	551	542	555	569	574	559
Stock-Based Compensation	175	175	176	261	246	232
Other Adjustments	-235	-323	-338	-228	26	303
Change in Receivables	-248	-49	-43	-238	-407	264
Changes in Accounts Payable	-18	-23	-23	-11	-35	109
Changes in Unearned Revenue	48	44	-4	-26	19	65
Changes in Other Operating Activities	-82	-482	-119	-49	-65	375
Operating Cash Flow	2,565	2,124	2,330	2,568	2,495	3,299
Operating Cash Flow Growth	33.45%	-8.84%	-9.27%	2.93%	-24.37%	32.01%
Capital Expenditures	-283	-297	-317	-332	-279	-398
Purchases of Investments	-	-2	-441	-1,817	-2,293	-733
Proceeds from Sale of Investments	-	268	836	2,382	1,378	1,016
Payments for Business Acquisitions	-	-1,615	-409	-367	-970	-1,123
Proceeds from Business Divestments	-	-	-	28	-	-
Investing Cash Flow	-1,418	-1,646	-331	-106	-2,164	-1,238
Short-Term Debt Issued	-	600	-	-	-	1,740
Short-Term Debt Repaid	-	-300	-	-	-	-1,740
Net Short-Term Debt Issued (Repaid)	-	300	-	-	-	-
Long-Term Debt Issued	-	-	-	650	-	-
Long-Term Debt Repaid	-44	-73	-25	-686	-53	-50
Net Long-Term Debt Issued (Repaid)	-44	-73	-25	-36	-53	-50
Issuance of Common Stock	61	63	71	86	130	142
Repurchase of Common Stock	-973	-605	-1,064	-1,422	-771	-1,621
Net Common Stock Issued (Repurchased)	-912	-542	-993	-1,336	-641	-1,479
Common Dividends Paid	-607	-600	-591	-564	-509	-480
Other Financing Activities	-	-	-	-3	-	-
Financing Cash Flow	-1,563	-915	-1,609	-1,939	-1,203	-2,009
Effect of Exchange Rate Changes on Cash and Cash Equivalents	19	-49	33	-21	-16	-7
Net Cash Flow	-397	-486	423	502	-888	35
Beginning Cash & Cash Equivalents	2,193	2,717	2,294	1,792	2,680	2,645
Ending Cash & Cash Equivalents	1,796	2,231	2,717	2,294	1,792	2,680
Free Cash Flow	2,282	1,827	2,013	2,236	2,216	2,901
Free Cash Flow Growth	24.90%	-9.24%	-9.97%	0.90%	-23.61%	37.68%
FCF Margin	11.14%	9.26%	10.40%	11.51%	11.97%	17.42%
Free Cash Flow Per Share	4.61	3.68	3.99	4.31	4.20	5.36
Levered Free Cash Flow	2,608	2,251	2,193	2,405	2,298	2,052
Unlevered Free Cash Flow	2,560	1,974	2,136	2,401	2,347	2,114

Updated Jul 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q