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Cognizant CTSH Operating Lease Liabilities (Current)

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Other financials

Income statement

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Revenue$5.5B+4.5%
Gross profit$1.8B+3.6%
Operating income$874.0M+7.0%
Net income$636.0M-1.4%
EPS (diluted)$1.36+3.8%

Balance sheet

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Cash & equivalents$1.0B-42.2%
Total debt$2.1B+77.9%
Total equity$14.5B-5.4%
Total assets$20.8B+3.3%

Cash flow

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Operating cash flow$558.0M+40.2%
CapEx$99.0M+47.8%
Free cash flow$459.0M+38.7%

Valuation

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Market cap$25.98B-23.1%
Enterprise value$27.03B-18.5%
P/E11.7×-2.2×
P/S1.2×-0.4×

Profitability

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Gross margin33.4%-0.7pp
Operating margin15.9%+0.5pp
Net margin10.3%-1.6pp
FCF margin12%+0.9pp

Returns & leverage

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Return on equity14.9%-1.8pp
Debt / equity0.1×+0.1×
Current ratio2.2×-0.2×

Where this comes from

Reported directly by Cognizant in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityCurrent.

The source filing: Cognizant’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 9:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001058290-26-000031
(in millions, except par values)June 30, 2026December 31, 2025
Accounts payable$357$308
Deferred revenue490501
Short-term debt3333
Operating lease liabilities145153
Accrued expenses and other current liabilities2,4392,664
Total current liabilities3,4643,659
Deferred revenue, noncurrent3137
Operating lease liabilities, noncurrent389423

Item 1. Financial Statements.

FAQ

What is Cognizant's operating lease liabilities (current)?
Cognizant (CTSH) reported operating lease liabilities (current) of $145M in Q2 2026.
How has Cognizant's operating lease liabilities (current) changed year-over-year?
Cognizant's operating lease liabilities (current) decreased by 6.5% year-over-year, from $155M to $145M.
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 $211M to $153M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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