COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) closed fiscal year 2025 with a gross margin of 33.7 % and a net margin of 10.6 %.
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) closed fiscal year 2025 with a gross margin of 33.7 % and a net margin of 10.6 %. The same year shows an EBITDA margin of 18.7 % and an EBIT margin of 16.1 %. The free cash flow margin was 12.3 %. Against the previous year the gross margin moved −0.6 pp and the net margin −0.8 pp. Across the period the gross margin ranges between 33.7 % in 2025 and 35.9 % in 2022. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 35.93 % | 34.56 % | 34.34 % | 33.72 % |
| EBITDA margin (%) | 20.39 % | 21.00 % | 21.59 % | 21.17 % | 20.59 % | 20.66 % | 21.01 % | 20.39 % | 19.91 % | 19.78 % | 19.74 % | 20.46 % | 17.75 % | 16.05 % | 18.37 % | 18.21 % | 16.76 % | 17.40 % | 18.66 % |
| EBIT margin (%) | 17.87 % | 18.35 % | 18.86 % | 18.77 % | 18.57 % | 18.53 % | 18.97 % | 18.37 % | 17.25 % | 16.97 % | 16.75 % | 17.37 % | 14.62 % | 12.70 % | 15.27 % | 15.28 % | 13.89 % | 14.65 % | 16.06 % |
| Net margin (%) | 16.40 % | 15.30 % | 16.32 % | 15.97 % | 14.44 % | 14.31 % | 13.89 % | 14.02 % | 13.08 % | 11.51 % | 10.16 % | 13.03 % | 10.98 % | 8.36 % | 11.55 % | 11.79 % | 10.99 % | 11.35 % | 10.56 % |
| FCF margin (%) | 7.58 % | 9.24 % | 18.17 % | 12.61 % | 9.59 % | 11.41 % | 13.14 % | 12.29 % | 15.42 % | 9.97 % | 14.33 % | 13.74 % | 12.55 % | 17.42 % | 11.97 % | 11.51 % | 10.40 % | 9.26 % | 12.29 % |
