Wipro (WIT) Gross Margin (2009 - 2026)
Wipro (WIT) posted quarterly Gross Margin of 28.54% for Q2 2026, down 42.0% year-on-year from 49.2% in Q2 2025, and down 1.85% on a QoQ basis 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.
- Quarterly Gross Margin fell 42.0% year-over-year to 28.54% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 29.06% (down 131.0% YoY) and the FY2026 annual result came in at 29.16%, down 150.0% from the prior year.
- Gross Margin declined to 28.54% in Q2 2026 per WIT's latest filing, from 29.07% in the prior quarter.
- Over the last five years, Gross Margin for WIT reached as high as 31.03% in Q4 2024 and fell as low as 27.31% in Q3 2022.
- A 5-year average of 29.45% and a median of 29.33% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 334 bps — and 2023, when it soared 199 bps.
- Year by year, Gross Margin stood at 29.71% in 2022, then climbed by 3 bps to 30.72% in 2023, then rose by 1 bps to 31.03% in 2024, then retreated by 6 bps to 29.02% in 2025, then retreated by 2 bps to 28.54% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 28.54%, 29.07%, and 29.02% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.72 Bn | 192.37 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 95.02 Bn | 84.84 Bn | 6.13 Bn | 32.77% |
| 3 | Cgi | 61.42 Bn | 60.77 Bn | - | - |
| 4 | GDS Holdings | 48.80 Bn | 46.65 Bn | 164.04 Mn | 33.61% |
| 5 | Infosys | 48.10 Bn | 48.10 Bn | 1.60 Bn | 31.48% |
| 6 | Cognizant Technology Solutions | 22.63 Bn | 21.12 Bn | 1.78 Bn | 32.79% |
| 7 | Fidelity National Information Services | 22.27 Bn | 21.51 Bn | 1.11 Bn | 33.63% |
| 8 | Wipro | 20.13 Bn | 15.95 Bn | 738.00 Mn | 28.54% |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 20.95% |
| 10 | Broadridge Financial Solutions | 17.76 Bn | 17.45 Bn | 626.90 Mn | 32.09% |
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% |