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Cognizant CTSH Prepaid & Other 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$22.25B-40.1%
Enterprise value$23.31B-36.2%
P/E10×-5.2×
P/S-0.8×

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:OtherAssetsCurrent.

The official record: Cognizant’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognizant's prepaid & other current?
Cognizant (CTSH) reported prepaid & other current of $1.73B in Q2 2026.
How has Cognizant's prepaid & other current changed year-over-year?
Cognizant's prepaid & other current increased by 23.8% year-over-year, from $1.4B to $1.73B.
What is the long-term trend for Cognizant's prepaid & other current?
Over 5 years (2020 to 2025), Cognizant's prepaid & other current has grown at a 7.1% compound annual growth rate (CAGR), from $1.04B to $1.47B.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.