Wipro (WIT) Operating Margin (2009 - 2026)
Wipro (WIT) posted quarterly Operating Margin of 16.01% for Q2 2026, down 13.0% year-on-year from 18.4% in Q2 2025, and down 7.49% on a QoQ basis from 17.31% in Q1 2026.
Wipro (WIT) Operating Margin (2009 - 2026) Analysis & Trends
Wipro (WIT) has reported Operating Margin for 18 consecutive years, with 16.01% the latest figure, recorded in Q2 2026.
- Quarterly Operating Margin fell 13.0% year-over-year to 16.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 16.29% (down 63.0% YoY) and the FY2026 annual result came in at 16.33%, down 65.0% from the prior year.
- Operating Margin eased to 16.01% in Q2 2026 per WIT's latest filing, from 17.31% in the prior quarter.
- Over the last five years, Operating Margin for WIT reached as high as 100.6% in Q4 2022 and fell as low as 14.42% in Q3 2022.
- A 5-year average of 25.39% and a median of 16.26% in 2024 frame the typical range for Operating Margin.
- The largest YoY upside for Operating Margin was 8360 bps in 2023 against a maximum downside of 8580 bps in 2023.
- Year by year, Operating Margin stood at 100.6% in 2022, then slumped by 85 bps to 14.8% in 2023, then increased by 18 bps to 17.46% in 2024, then dropped by 13 bps to 15.18% in 2025, then advanced by 5 bps to 16.01% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 16.01%, 17.31%, and 15.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 16.96% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 26.97% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 21.09% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 12.84% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 15.57% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 16.01% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.40% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 6.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.01% |
| Mar 31, 2026 | 17.31% |
| Dec 31, 2025 | 15.18% |
| Sep 30, 2025 | 16.70% |
| Jun 30, 2025 | 16.14% |
| Mar 31, 2025 | 17.39% |
| Dec 31, 2024 | 17.46% |
| Sep 30, 2024 | 16.67% |
| Jun 30, 2024 | 16.39% |
| Mar 31, 2024 | 15.93% |
| Dec 31, 2023 | 14.80% |
| Sep 30, 2023 | 14.81% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 100.43% |
| Dec 31, 2022 | 100.60% |
| Sep 30, 2022 | 14.42% |
| Jun 30, 2022 | 14.81% |
| Mar 31, 2022 | 16.83% |
| Dec 31, 2021 | 17.49% |
| Sep 30, 2021 | 17.76% |