Cognizant Technology Solutions profit margin CTSH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 10.3%
- Operating margin, 12 months
- 15.9%
- Net margin on a year earlier
- −1.6 pts
- Peer median
- 15.0%
Over the twelve months to Jun 30, 2026, Cognizant Technology Solutions kept 10.3% of its revenue as net profit, with an operating margin of 15.9% and a gross margin of 33.4%.
Five years earlier its net margin was 9.7%.
The median for 9 IT services stocks of a similar size is 15.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.6% | 16.1% | 33.7% |
| FY2024 | 11.3% | 14.7% | 34.3% |
| FY2023 | 11.0% | 13.9% | 34.6% |
| FY2022 | 11.8% | 15.3% | 35.9% |
| FY2021 | 11.5% | 15.3% | 37.3% |
| FY2020 | 8.4% | 12.7% | 35.9% |
| FY2019 | 11.0% | 14.6% | 36.6% |
| FY2018 | 13.0% | 17.4% | 39.0% |
| FY2017 | 10.2% | 16.8% | 38.2% |
| FY2016 | 11.5% | 17.0% | 39.9% |
| FY2015 | 13.1% | 17.3% | 40.1% |
| FY2014 | 14.0% | 18.4% | 40.2% |
| FY2013 | 13.9% | 19.0% | 40.5% |
| FY2012 | 14.3% | 18.5% | 41.8% |
| FY2011 | 14.4% | 18.6% | 42.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.3% | −1.6 pts | 15.9% | |
| Q1 FY26 | 10.4% | −1.3 pts | 15.8% | |
| Q4 FY25 | 10.6% | −0.8 pts | 16.1% | |
| Q3 FY25 | 10.2% | −1.4 pts | 15.8% | |
| Q2 FY25 | 11.9% | +0.5 pts | 15.4% | |
| Q1 FY25 | 11.7% | +0.9 pts | 15.2% | |
| Q4 FY24 | 11.3% | +0.4 pts | 14.7% | |
| Q3 FY24 | 11.6% | +0.9 pts | 14.8% | |
| Q2 FY24 | 11.4% | +0.1 pts | 14.6% | |
| Q1 FY24 | 10.8% | −1.0 pts | 13.9% | |
| Q4 FY23 | 11.0% | −0.8 pts | 13.9% | |
| Q3 FY23 | 10.7% | −1.4 pts | 13.6% |
Against its peers
Companies in Information Technology Services nearest Cognizant Technology Solutions' size, closest first, today.
| Company | Profit margin |
|---|---|
| CTSHCognizant Technology Solutions | 10.3% |
| FISVFiserv | 13.4% |
| BRBroadridge Financial Solutions | 15.0% |
| CDWCDW | 4.6% |
| FISFidelity National Information Services | 27.6% |
| JKHYJack Henry & Associates | 19.8% |
| EPAMEPAM Systems | 7.2% |
| ACNAccenture | 11.3% |
| DOCSDoximity | 25.5% |
| IBMInternational Business Machines | 16.0% |
| Peer median | 15.0% |
Where Cognizant Technology Solutions ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cognizant Technology Solutions
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.