Wipro (WIT) Gross Margin (2009 - 2026)
Wipro (WIT) posted quarterly Gross Margin of 28.54% for Q2 2026, down 42.0% year-over-year from 49.2% in Q2 2025, and down 1.85% quarter-over-quarter from 29.07% in Q1 2026.
Wipro (WIT) Gross Margin (2009 - 2026) Analysis & Trends
Wipro (WIT) has reported Gross Margin for 18 consecutive years, with 28.54% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 42.0% year-over-year to 28.54%; the TTM figure through Jun 2026 stood at 29.06% (down 130.0% YoY), while the FY2026 annual figure was 29.16%, down 150.0% from the prior year.
- Gross Margin retreated to 28.54% in Q2 2026 per WIT's latest filing, from 29.07% in the prior quarter.
- Across five years, Gross Margin topped out at 31.03% in Q4 2024 and bottomed at 27.31% in Q3 2022.
- Historically, Gross Margin has averaged 29.45% across 5 years, with a median of 29.33% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 334 bps — and 2023, when it jumped 199 bps.
- Wipro's Gross Margin stood at 29.71% in 2022, then increased by 3 bps to 30.72% in 2023, then rose by 1 bps to 31.03% in 2024, then declined by 6 bps to 29.02% in 2025, then dropped by 2 bps to 28.54% in 2026.
- Business Quant data shows WIT's Gross Margin at 28.54% in Q2 2026, 29.07% in Q1 2026, and 29.02% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 32.77% |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 31.48% |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 33.37% |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 34.76% |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 38.43% |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 28.54% |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 17.92% |
| 10 | Cdw | 17.49 Bn | 17.13 Bn | 1.32 Bn | 20.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.54% |
| Mar 31, 2026 | 29.07% |
| Dec 31, 2025 | 29.02% |
| Sep 30, 2025 | 29.61% |
| Jun 30, 2025 | 28.96% |
| Mar 31, 2025 | 30.90% |
| Dec 31, 2024 | 31.03% |
| Sep 30, 2024 | 30.49% |
| Jun 30, 2024 | 30.20% |
| Mar 31, 2024 | 29.21% |
| Dec 31, 2023 | 30.72% |
| Sep 30, 2023 | 29.30% |
| Jun 30, 2023 | 29.37% |
| Mar 31, 2023 | 29.82% |
| Dec 31, 2022 | 29.71% |
| Sep 30, 2022 | 27.31% |
| Jun 30, 2022 | 27.72% |
| Mar 31, 2022 | 29.07% |
| Dec 31, 2021 | 29.71% |
| Sep 30, 2021 | 30.06% |