Cognizant Technology Solutions (CTSH) Gross Margin (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Gross Margin came in at 32.79% in Q1 2026, down 80.0% year-on-year from 163.96% in Q1 2025, and down 2.79% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 80.0% year-over-year to 32.79% in Q1 2026; TTM through Mar 2026 was 33.51%, a 74.0% decrease from a year earlier, with the FY2025 full-year figure at 33.72%, down 63.0% from the prior year.
- Gross Margin for Q1 2026 stood at 32.79%, down from 33.73% in the prior quarter.
- Over the last five years, Gross Margin for CTSH reached as high as 36.59% in Q3 2022 and fell as low as 32.79% in Q1 2026.
- Historically, Gross Margin has averaged 34.53% across 5 years, with a median of 34.36% 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.
- Year by year, Gross Margin stood at 34.86% in 2022, then advanced by 1 bps to 35.25% in 2023, then declined by 0 bps to 35.12% in 2024, then slipped by 4 bps to 33.73% in 2025, then declined by 3 bps to 32.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 32.77% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 33.61% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 31.48% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 33.63% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 32.79% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 28.54% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 32.09% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 20.95% |
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% |