Cognizant Technology Solutions (CTSH) Operating Margin (2009 - 2026)
Cognizant Technology Solutions' Operating Margin came in at 15.95% for Q2 2026, up 0.37 percentage points from 15.58% a year earlier and up 0.37 percentage points from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cognizant Technology Solutions reported Operating Margin of 15.88%, up 0.46 percentage points year-over-year; for FY2025, it was 16.06%, up 1.40 percentage points from FY2024.
- Operating Margin carries a five-year change of +3.36 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 14.65% in FY2024 (+0.76 pp), 13.89% in FY2023 (-1.38 pp), 15.28% in FY2022 (+0.01 pp) and 15.27% in FY2021 (+2.57 pp).
- The five-year range for quarterly Operating Margin is 11.81% (Q2 2023) to 16.68% (Q1 2025).
- Year-over-year, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2021 (a gain of 4.21 percentage points), and the weakest in Q2 2023 (a drop of 3.68 percentage points).
- Business Quant data shows CTSH's Operating Margin at 15.57% (Q1 2026), 15.99% (Q4 2025) and 15.99% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 15.40% |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 7.25% |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 2.98% |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 3.78% |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 12.33% |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 2.79% |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 14.02% |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 8.09% |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn | 1.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.40% |
| Jun 30, 2026 | 15.95% |
| Mar 31, 2026 | 15.57% |
| Dec 31, 2025 | 15.99% |
| Sep 30, 2025 | 15.99% |
| Jun 30, 2025 | 15.58% |
| Mar 31, 2025 | 16.68% |
| Dec 31, 2024 | 14.78% |
| Sep 30, 2024 | 14.63% |
| Jun 30, 2024 | 14.60% |
| Mar 31, 2024 | 14.60% |
| Dec 31, 2023 | 15.22% |
| Sep 30, 2023 | 14.01% |
| Jun 30, 2023 | 11.81% |
| Mar 31, 2023 | 14.59% |
| Dec 31, 2022 | 14.18% |
| Sep 30, 2022 | 16.43% |
| Jun 30, 2022 | 15.49% |
| Mar 31, 2022 | 15.00% |
| Dec 31, 2021 | 15.32% |
API Access
Cognizant Technology Solutions Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CTSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();