Cognizant Technology Solutions Corp (CTSH) stock
CTSHNasdaqServices-Computer Programming ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 22/3042% below fair value
$63.01−0.74 (-1.16%)
Close on Nov 13, 2026Market cap $28.17BP/E 11.5Yield 1.97%
Cognizant Technology Solutions gross margin
Gross margin is gross profit as a percentage of revenue.
Cognizant Technology Solutions's gross margin for the twelve months ending Sep 30, 2026 was 33.4%. For fiscal 2025 it was 33.7%, against 34.3% the year before. The highest annual figure on record is 39.0% in fiscal 2018.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 33.7% | −0.6 |
| FY2024 | Dec 31, 2024 | 34.3% | −0.2 |
| FY2023 | Dec 31, 2023 | 34.6% | −1.4 |
| FY2022 | Dec 31, 2022 | 35.9% | −1.4 |
| FY2021 | Dec 31, 2021 | 37.3% | +1.4 |
| FY2020 | Dec 31, 2020 | 35.9% | −0.7 |
| FY2019 | Dec 31, 2019 | 36.6% | −2.4 |
| FY2018 | Dec 31, 2018 | 39.0% | +0.8 |
| FY2017 | Dec 31, 2017 | 38.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 33.8% | −0.1 |
| Q2 FY2026 | Jun 30, 2026 | 33.4% | −0.3 |
| Q1 FY2026 | Mar 31, 2026 | 32.8% | −0.8 |
| Q4 FY2025 | Dec 31, 2025 | 33.7% | −1.4 |
| Q3 FY2025 | Sep 30, 2025 | 33.9% | −0.5 |
| Q2 FY2025 | Jun 30, 2025 | 33.7% | −0.3 |
| Q1 FY2025 | Mar 31, 2025 | 33.6% | −0.3 |
| Q4 FY2024 | Dec 31, 2024 | 35.1% | −0.1 |
| Q3 FY2024 | Sep 30, 2024 | 34.4% | −0.1 |
| Q2 FY2024 | Jun 30, 2024 | 33.9% | +0.1 |
| Q1 FY2024 | Mar 31, 2024 | 33.9% | −0.8 |
| Q4 FY2023 | Dec 31, 2023 | 35.2% | +0.4 |
| Q3 FY2023 | Sep 30, 2023 | 34.5% | −2.1 |
| Q2 FY2023 | Jun 30, 2023 | 33.9% | −2.6 |
| Q1 FY2023 | Mar 31, 2023 | 34.7% | −1.1 |
| Q4 FY2022 | Dec 31, 2022 | 34.9% | −1.7 |
| Q3 FY2022 | Sep 30, 2022 | 36.6% | −1.3 |
| Q2 FY2022 | Jun 30, 2022 | 36.4% | −1.1 |
| Q1 FY2022 | Mar 31, 2022 | 35.8% | −1.4 |
| Q4 FY2021 | Dec 31, 2021 | 36.6% | +0.2 |
| Q3 FY2021 | Sep 30, 2021 | 37.9% | +0.3 |
| Q2 FY2021 | Jun 30, 2021 | 37.6% | +2.9 |
| Q1 FY2021 | Mar 31, 2021 | 37.2% | +2.2 |
| Q4 FY2020 | Dec 31, 2020 | 36.4% | +0.5 |
| Q3 FY2020 | Sep 30, 2020 | 37.6% | +0.7 |
| Q2 FY2020 | Jun 30, 2020 | 34.6% | −1.9 |
| Q1 FY2020 | Mar 31, 2020 | 35.0% | −2.4 |
| Q4 FY2019 | Dec 31, 2019 | 35.8% | −2.7 |
| Q3 FY2019 | Sep 30, 2019 | 36.9% | −2.3 |
| Q2 FY2019 | Jun 30, 2019 | 36.5% | −3.2 |
| Q1 FY2019 | Mar 31, 2019 | 37.3% | −1.3 |
| Q4 FY2018 | Dec 31, 2018 | 38.5% | – |
| Q3 FY2018 | Sep 30, 2018 | 39.2% | – |
| Q2 FY2018 | Jun 30, 2018 | 39.7% | – |
| Q1 FY2018 | Mar 31, 2018 | 38.6% | – |
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