Cognizant Technology Solutions Corporation
CTSH Technology Information Technology Services
Cognizant Technology Solutions Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.1 billion, up 6.95% from fiscal 2024. In the quarter to June 2026, revenue grew 4.50%, EPS grew 3.82%, free cash flow grew 38.7% and total debt rose 173.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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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 30.0% and below the Technology sector median of 47.2%.
Gross margin, annual
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Annual newest first
| 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 newest first
| 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 | Free account |
Against its own ten years
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 | 30.0% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
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
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