Cognizant Technology Solutions (CTSH) Net Margin (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Net Margin came in at 12.17% in Q1 2026, down 71.0% year-on-year from 41.98% in Q1 2025, and up 0.97% on a QoQ basis from 12.06% in Q4 2025.
Cognizant Technology Solutions (CTSH) Net Margin (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 18 years of Net Margin data on file, last reported at 12.17% in Q1 2026.
- On a quarterly basis, Net Margin fell 71.0% year-over-year to 12.17% in Q1 2026; TTM through Mar 2026 was 10.38%, a 128.0% decrease from a year earlier, with the FY2025 full-year figure at 10.52%, down 75.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.17%, up from 12.06% in the prior quarter.
- Over the last five years, Net Margin for CTSH reached as high as 12.95% in Q3 2022 and fell as low as 5.06% in Q3 2025.
- Historically, Net Margin has averaged 11.21% across 5 years, with a median of 11.61% in 2024.
- Across the five-year window, Net Margin soared 213 bps in 2024 and tumbled 640 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 10.77% in 2022, then climbed by 8 bps to 11.64% in 2023, then declined by 9 bps to 10.65% in 2024, then increased by 13 bps to 12.06% in 2025, then rose by 1 bps to 12.17% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 12.17% in Q1 2026, 12.06% in Q4 2025, and 5.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | -0.01% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 12.76% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 77.94% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 1,602.13% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 10.70% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 4.64% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 12.17% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 13.71% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 14.14% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 4.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 11.12% |