Cognizant Technology Solutions (CTSH) Gross Margin (2009 - 2026)
Cognizant Technology Solutions (CTSH) posted quarterly Gross Margin of 33.37% for Q2 2026, down 30.0% year-over-year from 47.67% in Q2 2025, and up 1.76% quarter-over-quarter from 32.79% in Q1 2026.
Cognizant Technology Solutions (CTSH) Gross Margin (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Gross Margin for 18 consecutive years, with 33.37% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 30.0% year-over-year to 33.37%; the TTM figure through Jun 2026 stood at 33.44% (down 74.0% YoY), while the FY2025 annual figure was 33.72%, down 63.0% from the prior year.
- Gross Margin advanced to 33.37% in Q2 2026 per CTSH's latest filing, from 32.79% in the prior quarter.
- Across five years, Gross Margin topped out at 36.59% in Q3 2022 and bottomed at 32.79% in Q1 2026.
- Historically, Gross Margin has averaged 34.46% across 5 years, with a median of 34.15% in 2024.
- On a YoY basis, Gross Margin climbed as much as 38 bps in 2023 and fell as far as 255 bps in 2023.
- Cognizant Technology Solutions' Gross Margin stood at 34.86% in 2022, then rose by 1 bps to 35.25% in 2023, then slipped by 0 bps to 35.12% in 2024, then retreated by 4 bps to 33.73% in 2025, then retreated by 1 bps to 33.37% in 2026.
- Business Quant data shows CTSH's Gross Margin at 33.37% in Q2 2026, 32.79% in Q1 2026, and 33.73% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 221.26 Bn | 209.90 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 111.93 Bn | 101.76 Bn | 6.13 Bn | 32.77% |
| 3 | Infosys | 48.27 Bn | 48.27 Bn | 1.60 Bn | 31.48% |
| 4 | Cgi | 32.92 Bn | 32.46 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.46 Bn | 27.41 Bn | 1.83 Bn | 33.37% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.35 Bn | 1.17 Bn | 34.76% |
| 7 | Broadridge Financial Solutions | 20.91 Bn | 20.51 Bn | 853.00 Mn | 38.43% |
| 8 | Wipro | 19.87 Bn | 18.80 Bn | 738.00 Mn | 28.54% |
| 9 | Leidos Holdings | 18.06 Bn | 17.31 Bn | 817.00 Mn | 17.92% |
| 10 | Cdw | 16.81 Bn | 16.45 Bn | 1.32 Bn | 20.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.37% |
| 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% |