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
DateValue
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%