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Cognizant Technology Solutions vs Wipro: revenue, profit, margins and growth compared

Cognizant Technology Solutions brought in $21.1B of revenue in fiscal 2025, Wipro $10.4B in fiscal 2025. Revenue changed by +7.0% at Cognizant Technology Solutions and -3.2% at Wipro on the year before, so Cognizant Technology Solutions grew faster. Cognizant Technology Solutions kept 10.6% of its revenue as net profit, Wipro 14.7%. Free cash flow was $2.6B at Cognizant Technology Solutions and $1.8B at Wipro.

Side by side, latest fiscal year

CTSHWIT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (March 31, 2025)
Revenue$21.1B$10.4B
Revenue growth+7.0%-3.2%
Net income$2.2B$1.5B
Net margin10.6%14.7%
Free cash flow$2.6B$1.8B
Free cash flow margin12.3%17.4%
Earnings per share (diluted)$4.56$0.14
Cash$1.9B$1.4B
Debt$543Mn/a
Price to earnings12.6n/a
Market value$25.8B$17.3B
Dividend yield2.16%n/a
Rank by revenue in sector#35 of 530 · Technology#57 of 530 · Technology

Over the years

Revenue
CTSH FY2018: $16.1BCTSH FY2019: $16.8BCTSH FY2020: $16.7BCTSH FY2021: $18.5BCTSH FY2022: $19.4BCTSH FY2023: $19.4BCTSH FY2024: $19.7BCTSH FY2025: $21.1BWIT FY2018: $8.4BWIT FY2019: $8.5BWIT FY2020: $8.1BWIT FY2021: $8.5BWIT FY2022: $10.4BWIT FY2023: $11BWIT FY2024: $10.8BWIT FY2025: $10.4BFY18FY19FY20FY21FY22FY23FY24FY25
CTSH $21.1BWIT $10.4B
Net income
CTSH FY2018: $2.1BCTSH FY2019: $1.8BCTSH FY2020: $1.4BCTSH FY2021: $2.1BCTSH FY2022: $2.3BCTSH FY2023: $2.1BCTSH FY2024: $2.2BCTSH FY2025: $2.2BWIT FY2018: $1.2BWIT FY2019: $1.3BWIT FY2020: $1.3BWIT FY2021: $1.5BWIT FY2022: $1.6BWIT FY2023: $1.4BWIT FY2024: $1.3BWIT FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
CTSH $2.2BWIT $1.5B
Net margin
CTSH FY2018: 13.0%CTSH FY2019: 11.0%CTSH FY2020: 8.4%CTSH FY2021: 11.5%CTSH FY2022: 11.8%CTSH FY2023: 11.0%CTSH FY2024: 11.3%CTSH FY2025: 10.6%WIT FY2018: 14.7%WIT FY2019: 15.3%WIT FY2020: 15.9%WIT FY2021: 17.4%WIT FY2022: 15.4%WIT FY2023: 12.5%WIT FY2024: 12.3%WIT FY2025: 14.7%FY18FY19FY20FY21FY22FY23FY24FY25
CTSH 10.6%WIT 14.7%
Revenue growth
CTSH FY2019: +4.1%CTSH FY2020: -0.8%CTSH FY2021: +11.1%CTSH FY2022: +5.0%CTSH FY2023: -0.4%CTSH FY2024: +2.0%CTSH FY2025: +7.0%WIT FY2019: +1.2%WIT FY2020: -4.5%WIT FY2021: +4.6%WIT FY2022: +23.1%WIT FY2023: +5.6%WIT FY2024: -2.2%WIT FY2025: -3.2%FY19FY20FY21FY22FY23FY24FY25
CTSH +7.0%WIT -3.2%
Free cash flow
CTSH FY2018: $2.2BCTSH FY2019: $2.1BCTSH FY2020: $2.9BCTSH FY2021: $2.2BCTSH FY2022: $2.2BCTSH FY2023: $2BCTSH FY2024: $1.8BCTSH FY2025: $2.6BWIT FY2018: $957MWIT FY2019: $1.4BWIT FY2020: $1BWIT FY2021: $1.8BWIT FY2022: $1.2BWIT FY2023: $1.4BWIT FY2024: $2BWIT FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
CTSH $2.6BWIT $1.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Cognizant Technology Solutions and Wipro

Which is bigger by revenue, Cognizant Technology Solutions or Wipro?

Cognizant Technology Solutions is bigger by revenue: $21.1B in fiscal 2025, against $10.4B for Wipro in fiscal 2025.

Which keeps more of its revenue as profit, Cognizant Technology Solutions or Wipro?

Cognizant Technology Solutions had a net margin of 10.6% in fiscal 2025; Wipro had 14.7% in fiscal 2025.

Which grew revenue faster, Cognizant Technology Solutions or Wipro?

In their latest fiscal years revenue changed by +7.0% at Cognizant Technology Solutions and -3.2% at Wipro.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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