Current Liabilities

Operating Lease Liabilities (Current)

Cognizant Operating Lease Liabilities (Current) decreased by 8.5% to $140.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.7%, from $155.00M to $140.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows a downward trend with a -6.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Commonly reported by all companies with significant lease portfolios.

Metric ID: operating_lease_liabilities_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$204.00M$200.00M$195.00M$194.00M$178.00M$173.00M$174.00M$173.00M$171.00M$164.00M$153.00M$143.00M$148.00M$192.00M$152.00M$155.00M$155.00M$154.00M$153.00M$140.00M
QoQ Change-2.0%-2.5%-0.5%-8.2%-2.8%+0.6%-0.6%-1.2%-4.1%-6.7%-6.5%+3.5%+29.7%-20.8%+2.0%+0.0%-0.6%-0.6%-8.5%
YoY Change-12.7%-13.5%-10.8%-10.8%-3.9%-5.2%-12.1%-17.3%-13.5%+17.1%-0.7%+8.4%+4.7%-19.8%+0.7%-9.7%
Range$140.00M$204.00M
CAGR-7.6%
Avg YoY Growth-6.2%
Median YoY Growth-10.2%
Current Streak3 quarters decline

Frequently Asked Questions

What is Cognizant's operating lease liabilities (current)?
Cognizant (CTSH) reported operating lease liabilities (current) of $140.00M in Q1 2026.
How has Cognizant's operating lease liabilities (current) changed year-over-year?
Cognizant's operating lease liabilities (current) decreased by 9.7% year-over-year, from $155.00M to $140.00M.
What is the long-term trend for Cognizant's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Cognizant's operating lease liabilities (current) has grown at a -6.2% compound annual growth rate (CAGR), from $211.00M to $153.00M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.