Amdocs Limited

DOX Technology Software Infrastructure

Amdocs Limited’s revenue for fiscal 2025 (year ended September 2025) was $4.5 billion, down 9.43% from fiscal 2024.

Revenue
+2.66%
EPS
−57.6%
Free cash flow
−18.8%
Total debt
+31.7%

Quarter to June 2026, against a year earlier

62.31 1.23 −1.94%
Market cap
$6.7B
P/E
14.8×
Fwd P/E
11.4×
Dividend yield
3.59%
F-score
6/9
Altman Z
4.69
Beneish M
−2.71
Dividend safety
87/100

Amdocs Limited (DOX) Gross margin

Alert me on Gross margin

Amdocs Limited's gross margin over the twelve months to 30 June 2026 was 38.3%, up 0.3 percentage points from fiscal 2025 (38.0%). Over the past ten years it has ranged from 33.9% (fiscal 2020) to 38.0% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Infrastructure industry median of 59.2% and below the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 38.0% 2.91
FY2024 35.1% (0.28)
FY2023 35.4% (0.03)
FY2022 35.4% 0.92
FY2021 34.5% 0.56
FY2020 33.9% (1.18)
FY2019 35.1% 0.37
FY2018 34.7% (0.45)
FY2017 35.2% (0.08)
FY2016 35.2% (0.28)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 39.8% 0.92
Mar 2026 38.8% 1.80
Dec 2025 37.0% (0.37)
Sep 2025 37.4% (0.45)
42 more quarters

Against its own ten years

Low 33.9% High 38.0%
Ten-year median 35.2%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
QLYS Qualys, Inc. compare 83.3%
PATH UiPath, Inc. compare 82.6%
DBX Dropbox, Inc. compare 79.7%
BOX Box, Inc. compare 79.6%
S SentinelOne, Inc. compare 72.5%
WEX WEX Inc. compare 60.4%
ZETA Zeta Global Holdings Corp. compare 59.5%
ACIW ACI Worldwide, Inc. compare 49.1%
DOX Amdocs Limited 38.3%
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

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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