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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,357	2,240	2,126	2,290	2,137	1,392
Depreciation & Amortization	496	493	482	532	541	529
Other Amortization	36	36	37	37	33	30
Asset Writedown & Restructuring Costs	13	13	36	-	-	-
Stock-Based Compensation	175	175	176	261	246	232
Other Operating Activities	-281	-323	-338	-228	26	303
Change in Accounts Receivable	-265	-49	-43	-238	-407	264
Change in Accounts Payable	33	-23	-23	-11	-35	109
Change in Unearned Revenue	64	44	-4	-26	19	65
Change in Other Net Operating Assets	-137	-482	-119	-49	-65	375
Operating Cash Flow	2,429	2,124	2,330	2,568	2,495	3,299
Operating Cash Flow Growth	43.22%	-8.84%	-9.27%	2.93%	-24.37%	32.01%
Capital Expenditures	-295	-297	-317	-332	-279	-398
Cash Acquisitions	-1,194	-1,615	-409	-367	-970	-1,123
Divestitures	-	-	-	28	-	-
Investment in Securities	4	266	395	565	-915	283
Investing Cash Flow	-1,415	-1,646	-331	-106	-2,164	-1,238
Short-Term Debt Issued	-	-	-	-	-	1,740
Long-Term Debt Issued	-	600	-	650	-	-
Total Debt Issued	600	600	-	650	-	1,740
Short-Term Debt Repaid	-	-	-	-	-	-1,740
Long-Term Debt Repaid	-	-373	-25	-686	-53	-50
Total Debt Repaid	-645	-373	-25	-686	-53	-1,790
Net Debt Issued (Repaid)	-45	227	-25	-36	-53	-50
Issuance of Common Stock	62	63	71	86	130	142
Repurchase of Common Stock	-681	-605	-1,064	-1,422	-771	-1,621
Common Dividends Paid	-604	-600	-591	-564	-509	-480
Other Financing Activities	-	-	-	-3	-	-
Financing Cash Flow	-1,268	-915	-1,609	-1,939	-1,203	-2,009
Foreign Exchange Rate Adjustments	3	-49	33	-21	-16	-17
Net Cash Flow	-251	-486	423	502	-888	35
Free Cash Flow	2,134	1,827	2,013	2,236	2,216	2,901
Free Cash Flow Growth	52.65%	-9.24%	-9.97%	0.90%	-23.61%	37.68%
Free Cash Flow Margin	10.62%	9.26%	10.40%	11.51%	11.97%	17.42%
Free Cash Flow Per Share	4.30	3.68	3.99	4.31	4.20	5.36
Cash Interest Paid	53	53	40	15	7	25
Cash Income Tax Paid	1,120	1,120	1,245	813	625	745
Levered Free Cash Flow	1,987	2,128	2,060	2,071	1,814	2,856
Unlevered Free Cash Flow	2,021	2,161	2,085	2,083	1,819	2,871
Change in Net Working Capital	328	137	127	270	488	-1,022

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q