Cognizant Technology Solutions (CTSH) Operating Margin (2009 - 2026)

Cognizant Technology Solutions (CTSH) has 18 years of Operating Margin data on file, last reported at 15.57% in Q1 2026.

• Operating Margin for Q1 2026 came in at 15.57%, down 110.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.79% (up 60.0% YoY), and the FY2025 annual result was 16.06%, up 140.0% from the prior year.
• Operating Margin retreated to 15.57% in Q1 2026 per CTSH's latest filing, from 15.99% in the prior quarter.
• Over five years, Operating Margin peaked at 16.68% in Q1 2025 and troughed at 11.81% in Q2 2023.
• A 5-year average of 15.01% and a median of 15.0% in 2022 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 368 bps in 2023, then jumped 279 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 14.18% in 2022, then advanced by 7 bps to 15.22% in 2023, then fell by 3 bps to 14.78% in 2024, then grew by 8 bps to 15.99% in 2025, then slipped by 3 bps to 15.57% in 2026.
• Business Quant data shows CTSH's Operating Margin at 15.57% in Q1 2026, 15.99% in Q4 2025, and 15.99% in Q3 2025.