Cognizant Technology Solutions Corporation CTSH

57.33 0.16 0.28% as of 25 Sep
Market cap
$25.6B
P/E
12.3×
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Cognizant Technology Solutions Corporation (CTSH) Gross margin

Cognizant Technology Solutions Corporation's gross margin over the twelve months to 30 June 2026 was 33.4%, down 0.3 percentage points from fiscal 2025 (33.7%). Over the past ten years it has ranged from 33.7% (fiscal 2025) to 40.1% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Information Technology Services industry median of 31.1% and below the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 33.7% (0.62)
FY2024 34.3% (0.22)
FY2023 34.6% (1.37)
FY2022 35.9% (1.37)
FY2021 37.3% 1.38
FY2020 35.9% (0.72)
FY2019 36.6% (2.35)
FY2018 39.0% 0.79
FY2017 38.2% (1.68)
FY2016 39.9% (0.20)

Quarterly

Period Gross margin Change (points)
Jun 2026 33.4% 0.58
Mar 2026 32.8% (0.94)
Dec 2025 33.7% (0.14)
Sep 2025 33.9% 0.20
42 more quarters

Against its own ten years

Low 33.7% High 40.1%
Ten-year median 36.6%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
FISV Fiserv, Inc. compare 55.4%
FIS Fidelity National Information Services, Inc. compare 36.0%
CTSH Cognizant Technology Solutions Corporation 33.4%
CACI CACI International, Inc. compare 33.2%
BR Broadridge Financial Solutions, Inc. compare 31.8%
INFY American Noble Gas Inc. compare 30.3%
WIT Wipro Limited compare 29.0%
CDW CDW Corporation compare 21.4%
LDOS Leidos Holdings, Inc. compare 17.8%
Information Technology Services industry median 31.1%
Technology sector median 47.2%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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