Cognizant Technology Solutions (CTSH) Gross Margin (2009 - 2026)
Cognizant Technology Solutions (CTSH) reported Gross Margin of 32.79% for Q1 2026, down 80.0% year-over-year from 163.96% in Q1 2025, and down 2.79% quarter-over-quarter from 33.73% in Q4 2025.
Cognizant Technology Solutions (CTSH) Gross Margin (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 18 years of Gross Margin data on file, last reported at 32.79% in Q1 2026.
- Gross Margin for Q1 2026 came in at 32.79%, down 80.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.51% (down 74.0% YoY), and the FY2025 annual result was 33.72%, down 63.0% from the prior year.
- Gross Margin retreated to 32.79% in Q1 2026 per CTSH's latest filing, from 33.73% in the prior quarter.
- Over five years, Gross Margin peaked at 36.59% in Q3 2022 and troughed at 32.79% in Q1 2026.
- A 5-year average of 34.53% and a median of 34.36% in 2024 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 38 bps in 2023 and fell as far as 255 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 34.86% in 2022, then increased by 1 bps to 35.25% in 2023, then decreased by 0 bps to 35.12% in 2024, then fell by 4 bps to 33.73% in 2025, then decreased by 3 bps to 32.79% in 2026.
- Business Quant data shows CTSH's Gross Margin at 32.79% in Q1 2026, 33.73% in Q4 2025, and 33.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 30.85% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 56.23% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 29.07% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 90.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 32.79% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 33.63% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 32.09% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 20.95% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 17.30% |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 33.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.79% |
| Dec 31, 2025 | 33.73% |
| Sep 30, 2025 | 33.87% |
| Jun 30, 2025 | 33.67% |
| Mar 31, 2025 | 33.59% |
| Dec 31, 2024 | 35.12% |
| Sep 30, 2024 | 34.36% |
| Jun 30, 2024 | 33.94% |
| Mar 31, 2024 | 33.91% |
| Dec 31, 2023 | 35.25% |
| Sep 30, 2023 | 34.47% |
| Jun 30, 2023 | 33.87% |
| Mar 31, 2023 | 34.68% |
| Dec 31, 2022 | 34.86% |
| Sep 30, 2022 | 36.59% |
| Jun 30, 2022 | 36.42% |
| Mar 31, 2022 | 35.83% |
| Dec 31, 2021 | 36.57% |
| Sep 30, 2021 | 37.88% |
| Jun 30, 2021 | 37.56% |