Tata Consultancy Services Limited
Financial Performance
TCS Revenue & Financials
Revenue
~$31B (FY2026)
Market Cap
$84B
Net Income
~$5.7B
Employees
598,056
What is TCS's revenue?
TCS had ~$31B in revenue for fiscal year 2026, up 4.6% from 2025. Net income was ~$5.7B.
- Latest revenue
- ~$31B (FY2026)
- Year-over-year
- +4.6%
- Growth rate (CAGR)
- 8.6% over 4 years
- Peak revenue
- ~$31B (FY2026)
- Years of data
- 5
- Employees
- 598,056
- How much profit does TCS make?
- TCS reported net income of ~$5.7B for fiscal year 2026. tcs.com
- How many employees does TCS have?
- TCS has about 598,056 employees.
Financial Analysis
For FY2026, ended March 31, 2026, TCS reported ₹2,67,021 crore ($30.017 billion) of consolidated revenue, up 4.6% in rupees but down 0.5% in dollars. Its audited consolidated statement reports ₹49,210 crore of profit attributable to shareholders, about 18.4% of rupee revenue. The 19.8% FY2026 net margin highlighted in the earnings release excludes one-off restructuring, labour-code and legal costs; it should not be paired with the reported ₹49,210 crore profit as if both were on the same basis. The latest quarter available here is Q2 FY2027, ended September 30, 2026: $7.642 billion revenue, $1.450 billion net income and 24.0% operating margin. TCS reported $9.6 billion of total contract value and a $3.1 billion annualized AI revenue run rate for that quarter. Contract value is deal bookings, and annualized AI revenue is a run rate; neither is additional recognized quarterly revenue.
Revenue Trend Analysis
YoY Change
+4.6%
4-Year CAGR
+8.6%
Peak Year
2026
Trend
Consistent Growth
Tata Consultancy Services Limited has 5 full fiscal year figures on this page, compounding at +8.6% annually over 4 years. The most recent year saw a 4.6% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at ~$31B. Of 4 comparable year-over-year steps, 4 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2026 | ~$31B | ~$5.7B | +4.6% | TCS Integrated Annual Report 2025-26, consolidated statement of profit and loss Fiscal year ended 2026-03-31. Net income is profit attributable to shareholders; reported margin is about 18.4%. |
| FY2025 | ~$29.6B | ~$5.6B | +6.0% | TCS Integrated Annual Report 2025-26, consolidated statement of profit and loss Fiscal year ended 2025-03-31. Net income is profit attributable to shareholders. |
| FY2024 | ~$27.9B | ~$5.3B | +6.8% | Tata Consultancy Services (NSE:TCS) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-03-31. |
| FY2023 | ~$26.2B | ~$4.9B | +17.6% | Tata Consultancy Services (NSE:TCS) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-03-31. |
| FY2022 | ~$22.2B | ~$4.4B | — | Tata Consultancy Services (NSE:TCS) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-03-31. |
Click any row to see year details.
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TCS Revenue and Financial FAQ
What were TCS's FY2026 revenue and reported profit?
For the year ended March 31, 2026, TCS reported ₹2,67,021 crore of consolidated revenue ($30.017 billion in its U.S.-dollar presentation) and ₹49,210 crore of profit attributable to shareholders. These figures come from its FY2026 annual report. TCS trades on India's NSE and BSE.
Why does TCS also report a 19.8% FY2026 net margin?
The 19.8% margin in TCS's Q4 FY2026 earnings release excludes one-off costs. Its audited consolidated statement reports ₹49,210 crore of profit attributable to shareholders on ₹2,67,021 crore of revenue, a reported margin of about 18.4%. The adjusted and reported measures should be labelled separately.
What were TCS's latest quarterly results?
In Q2 FY2027, ended September 30, 2026, TCS reported $7.642 billion of quarterly revenue, $1.450 billion of net income, a 19.0% net margin and a 24.0% operating margin. These quarterly figures are separate from FY2026 annual results.
How much did TCS pay shareholders in FY2026?
TCS's Q4 FY2026 release reports ₹39,571 crore of shareholder payouts in dividends for the full year. The release does not establish a permanent payout percentage or guarantee future dividends.
What does TCS's total contract value measure?
TCS reported $40.7 billion of total contract value (TCV) for FY2026 and $9.6 billion for Q2 FY2027. TCV describes signed deal value over contract terms; it is not revenue recognized in the period and does not guarantee the timing of future sales.
How large is TCS's AI services business?
TCS reported a $3.1 billion annualized AI revenue run rate in Q2 FY2027, up from $2.6 billion in Q1 FY2027. This annualizes recent activity; it is not an audited full-year AI revenue figure or revenue additional to the $7.642 billion Q2 total.
Why can TCS's rupee and dollar growth rates differ?
FY2026 revenue rose 4.6% when reported in rupees but fell 0.5% in the U.S.-dollar presentation. Currency translation changes the reported growth rate; it is separate from constant-currency growth, which TCS reported at negative 2.4% for FY2026.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "TCS Revenue & Financials." CorpDigest, https://corpdigest.com/company/tcs/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>TCS reported ~$31B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/tcs/financials" target="_blank" rel="noopener">CorpDigest — TCS financials</a></div>Related Financial Audits
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