Wipro (WIT) Gross Margin (2009 - 2026)
Wipro (WIT) posted Gross Margin of 28.84% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 0.76 percentage points from 29.61% a year earlier but up 0.30 percentage points from the prior quarter.
Wipro (WIT) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Wipro was 28.87%, down 1.27 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 29.16%, down 1.50 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of -2.52 percentage points (FY2021 to FY2026).
- In prior fiscal years, Wipro's Gross Margin was 30.66% in FY2025 (+1.01 pp), 29.65% in FY2024 (+0.97 pp), 28.68% in FY2023 (-1.04 pp) and 29.72% in FY2022 (-1.96 pp).
- Quarterly Gross Margin has run from a low of 27.31% in fiscal Q2 2023 to a high of 31.03% in fiscal Q3 2025 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last six quarters, with an average year-over-year change of -0.64 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2024, with a gain of 1.99 percentage points; the weakest was fiscal Q3 2022, with a drop of 3.72 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 28.54% (Q1 2027), 29.07% (Q4 2026) and 29.02% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | -78.45 Bn | 1.60 Bn | 31.06% |
| 2 | Cognizant Technology Solutions | 29.66 Bn | 23.62 Bn | 1.91 Bn | 33.77% |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 28.84% |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn | 20.51% |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - | - |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn | 6.61% |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn | 11.26% |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn | 31.26% |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | 10.43% |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn | 38.04% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.84% |
| 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% |
Wipro Gross 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=gross-margin&ticker=WIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();