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	509	493	482	532	541	529
Other Amortization	36	36	37	37	33	30
Asset Writedown & Restructuring Costs	6	13	36	-	-	-
Stock-Based Compensation	175	175	176	261	246	232
Other Operating Activities	-235	-323	-338	-228	26	303
Change in Accounts Receivable	-248	-49	-43	-238	-407	264
Change in Accounts Payable	-18	-23	-23	-11	-35	109
Change in Unearned Revenue	48	44	-4	-26	19	65
Change in Other Net Operating Assets	-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
Cash Acquisitions	-1,194	-1,615	-409	-367	-970	-1,123
Divestitures	-	-	-	28	-	-
Investment in Securities	-11	266	395	565	-915	283
Investing Cash Flow	-1,418	-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	-644	-373	-25	-686	-53	-1,790
Net Debt Issued (Repaid)	-44	227	-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
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
Foreign Exchange Rate Adjustments	19	-49	33	-21	-16	-17
Net Cash Flow	-397	-486	423	502	-888	35
Free Cash Flow	2,282	1,827	2,013	2,236	2,216	2,901
Free Cash Flow Growth	41.48%	-9.24%	-9.97%	0.90%	-23.61%	37.68%
Free Cash Flow Margin	11.14%	9.26%	10.40%	11.51%	11.97%	17.42%
Free Cash Flow Per Share	4.62	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	1,835	2,128	2,060	2,071	1,814	2,856
Unlevered Free Cash Flow	1,869	2,161	2,085	2,083	1,819	2,871
Change in Net Working Capital	555	137	127	270	488	-1,022

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

SEC Filings: 10-K · 10-Q