Wipro (WIT) Tax Rate (2009 - 2026)
Wipro (WIT) posted quarterly Tax Rate of 22.49% for Q2 2026, down 84.0% year-on-year from 140.56% in Q2 2025, and up 8.38% on a QoQ basis from 24.55% in Q1 2026.
Wipro (WIT) Tax Rate (2009 - 2026) Analysis & Trends
Wipro (WIT) has reported Tax Rate for 18 consecutive years, with 22.49% the latest figure, recorded in Q2 2026.
- Quarterly Tax Rate fell 84.0% year-over-year to 22.49% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.71% (up 10.0% YoY) and the FY2026 annual result came in at 23.48%, down 4795.0% from the prior year.
- Tax Rate advanced to 22.49% in Q2 2026 per WIT's latest filing, from 24.55% in the prior quarter.
- Over the last five years, Tax Rate for WIT reached as high as 23.02% in Q1 2023 and fell as low as 26.0% in Q1 2024.
- A 5-year average of 18.31% and a median of 23.94% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 4424 bps — and 2024, when it sank 4901 bps.
- Year by year, Tax Rate stood at 22.9% in 2022, then tumbled by 205 bps to 23.97% in 2023, then fell by 2 bps to 24.4% in 2024, then climbed by 2 bps to 23.91% in 2025, then rose by 6 bps to 22.49% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 22.49%, 24.55%, and 23.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 24.19% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -8.48% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 29.49% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 28.00% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 40.93% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 23.99% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -22.49% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.88% |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 26.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -22.49% |
| Jun 30, 2026 | -22.49% |
| Jun 30, 2026 | -22.49% |
| Mar 31, 2026 | -24.55% |
| Mar 31, 2026 | -24.55% |
| Mar 31, 2026 | -24.55% |
| Dec 31, 2025 | -23.91% |
| Dec 31, 2025 | -23.91% |
| Dec 31, 2025 | -23.91% |
| Sep 30, 2025 | -23.81% |
| Sep 30, 2025 | -23.81% |
| Sep 30, 2025 | -23.81% |
| Jun 30, 2025 | -21.65% |
| Jun 30, 2025 | -21.65% |
| Jun 30, 2025 | -21.65% |
| Mar 31, 2025 | -24.32% |
| Mar 31, 2025 | -24.32% |
| Mar 31, 2025 | -24.32% |
| Dec 31, 2024 | -24.40% |
| Dec 31, 2024 | -24.40% |