Cognizant Technology Solutions (CTSH) Operating Margin (2009 - 2025)
Cognizant Technology Solutions (CTSH) reported Operating Margin of 16.06% for FY2025, up 9.57% year-over-year from 14.65% in FY2024.
Cognizant Technology Solutions (CTSH) Operating Margin (2009 - 2025) Analysis & Trends
Cognizant Technology Solutions (CTSH) has 17 years of Operating Margin data on file, last reported at 16.06% in FY2025.
- 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 advanced to 16.06% in FY2025 per CTSH's latest filing, from 14.65% in the prior year.
- Over five years, Operating Margin peaked at 16.06% in FY2025 and troughed at 13.89% in FY2023.
- A 5-year average of 15.03% and a median of 15.27% in 2021 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2021 and 2023: Operating Margin jumped 257 bps in 2021, then tumbled 138 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 15.27% in 2021, then gained by 0 bps to 15.28% in 2022, then declined by 9 bps to 13.89% in 2023, then rose by 5 bps to 14.65% in 2024, then gained by 10 bps to 16.06% in 2025.
- Business Quant data shows CTSH's Operating Margin at 16.06% in FY2025, 14.65% in FY2024, and 13.89% in FY2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 20.26% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 16.33% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | - |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.06% |
| Dec 31, 2024 | 14.65% |
| Dec 31, 2023 | 13.89% |
| Dec 31, 2022 | 15.28% |
| Dec 31, 2021 | 15.27% |
| Dec 31, 2020 | 12.70% |
| Dec 31, 2019 | 14.62% |
| Dec 31, 2018 | 17.37% |
| Dec 31, 2017 | 16.75% |
| Dec 31, 2016 | 16.97% |
| Dec 31, 2015 | 17.25% |
| Dec 31, 2014 | 18.37% |
| Dec 31, 2013 | 18.97% |
| Dec 31, 2012 | 18.53% |
| Dec 31, 2011 | 18.57% |
| Dec 31, 2010 | 18.77% |
| Dec 31, 2009 | 6.80% |