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
DateValue
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%