Cognizant Technology Solutions (CTSH) Net Margin (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Net Margin came in at 11.75% in Q2 2026, down 55.0% year-over-year from 26.11% in Q2 2025, and down 3.49% quarter-over-quarter from 12.17% in Q1 2026.
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Cognizant Technology Solutions (CTSH) Net Margin (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Net Margin for 18 consecutive years, with 11.75% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 55.0% year-over-year to 11.75% in Q2 2026; TTM through Jun 2026 was 10.26%, a 157.0% decrease from a year earlier, with the FY2025 full-year figure at 10.52%, down 75.0% from the prior year.
- Net Margin was 11.75% for Q2 2026 at Cognizant Technology Solutions, down from 12.17% in the prior quarter.
- Over five years, Net Margin peaked at 12.95% in Q3 2022 and troughed at 5.06% in Q3 2025.
- A 5-year average of 11.24% and a median of 11.63% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 213 bps in 2024 and slumped 640 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 10.77% in 2022, then increased by 8 bps to 11.64% in 2023, then retreated by 9 bps to 10.65% in 2024, then gained by 13 bps to 12.06% in 2025, then decreased by 3 bps to 11.75% in 2026.
- The last three Net Margin figures came in at 11.75% (Q2 2026), 12.17% (Q1 2026), and 12.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 16.16% |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 11.75% |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 11.09% |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 7.28% |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 5.43% |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 10.85% |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | -1.52% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 2.97% |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 19.05% |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 4.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.75% |
| Mar 31, 2026 | 12.17% |
| Dec 31, 2025 | 12.06% |
| Sep 30, 2025 | 5.06% |
| Jun 30, 2025 | 12.30% |
| Mar 31, 2025 | 12.88% |
| Dec 31, 2024 | 10.65% |
| Sep 30, 2024 | 11.46% |
| Jun 30, 2024 | 11.61% |
| Mar 31, 2024 | 11.41% |
| Dec 31, 2023 | 11.64% |
| Sep 30, 2023 | 10.66% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 12.05% |
| Dec 31, 2022 | 10.77% |
| Sep 30, 2022 | 12.95% |
| Jun 30, 2022 | 11.76% |
| Mar 31, 2022 | 11.58% |
| Dec 31, 2021 | 12.04% |
| Sep 30, 2021 | 11.47% |