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
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%