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Cognizant Technology Solutions Corporation  (CTSH)
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Cognizant Technology Solutions's Annual Gross Margin

Five Year Trends




CTSH Annual Gross Margin

(Dec 31 2023)
(Dec 31 2022)
(Dec 31 2021)
(Dec 31 2020)
(Dec 31 2019)
Y / Y Revenue Growth -0.39 % 4.98 % 11.14 % -0.78 % 4.08 %
Y / Y Gross Profit Growth -4.17 % 1.12 % 15.42 % -64.36 % 166.95 %
Annual Gross Margin 34.56 % 35.93 % 37.3 % 35.92 % -


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Annual Gross Margin Comment

Cognizant Technology Solutions Corporation experienced contraction in Gross Profit by -4.17 % to 19,353 $ millions and Revenue by -0.39 %, while Annual Gross Margin fell to 34.56 %.



Companies with similar Annual Gross Margin in the Fiscal Year ending Dec 31 2023, within Cloud Computing & Data Analytics Industry Annual Gross MarginDec 31 2023 FY Gross ProfitDec 31 2023 FY Revenue
Goodrx Holdings Inc   91.08 %$ 683.340 $ 750.265 
Nerdwallet Inc   90.99 %$ 545.400 $ 599.400 
Doximity Inc   87.24 %$ 365.562 $ 419.052 
Verisign Inc  86.79 %$ 1,295.800 $ 1,493.100 
Light and Wonder Inc   84.67 %$ 2,457.000 $ 2,902.000 
Workday Inc   83.73 %$ 5,204.371 $ 6,215.818 
Greenpro Capital Corp   83.56 %$ 2.906 $ 3.478 
Hashicorp Inc   81.72 %$ 388.920 $ 475.889 
Simulations Plus Inc   80.48 %$ 47.947 $ 59.577 
Open Text Corp  79.58 %$ 3,168.393 $ 3,981.393 
Springbig Holdings Inc   78.23 %$ 21.564 $ 27.564 
Zscaler Inc   77.60 %$ 1,254.120 $ 1,616.120 
Sohu com Limited  75.83 %$ 454.915 $ 599.915 
Xti Aerospace Inc   75.63 %$ 3.104 $ 4.104 
Netscout Systems Inc   75.61 %$ 691.432 $ 914.530 
Upwork Inc   75.32 %$ 518.686 $ 688.686 
Synchronoss Technologies Inc  74.29 %$ 121.978 $ 164.196 
Yext Inc   74.07 %$ 296.890 $ 400.850 
Cheer Holding Inc   74.04 %$ 112.778 $ 152.327 
Pegasystems Inc   73.61 %$ 1,054.133 $ 1,432.133 
8x8 Inc   73.27 %$ 545.067 $ 743.938 
Forian Inc   73.26 %$ 15.004 $ 20.481 
Asure Software Inc   72.16 %$ 85.537 $ 118.537 
Playtika Holding Corp   72.01 %$ 1,848.500 $ 2,567.000 
Samsara Inc   72.01 %$ 469.889 $ 652.545 
Liveramp Holdings Inc   71.49 %$ 426.499 $ 596.583 
Ringcentral Inc   69.85 %$ 1,538.138 $ 2,202.138 
The Glimpse Group Inc   69.73 %$ 9.216 $ 13.216 
Verisk Analytics Inc   67.31 %$ 1,804.900 $ 2,681.400 
Verint Systems Inc  67.30 %$ 607.177 $ 902.245 





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