Tata Consultancy Services Limited
Explore Tata Consultancy Services
Core profile pages, annual revenue records, and related research hubs for this company.
Tata Consultancy Services Limited
Explore Tata Consultancy Services
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$30.017B
Market Cap
$82.8B
Net Income
$5.9B
Employees
593,798
TCS reported FY2026 revenue of $30.017B, down 0.5% year over year in U.S. dollars, with FY2026 net margin of 19.8%. Q1 FY2027 revenue was $7.624B and TCV was $9.5B.
Revenue Trend Analysis
YoY Change
-0.5%
2-Year CAGR
+1.6%
Peak Year
2025
Trend
Mostly Growing
Tata Consultancy Services Limited has reported revenue across 3 fiscal years, compounding at +1.6% annually over 2 years. The most recent year saw a 0.5% decline versus the prior year. Revenue peaked in 2025 at $30.2B. Out of 2 reported periods, 1 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | $30.0B | $5.9B | -0.5% |
| FY2025 | $30.2B | — | +3.8% |
| FY2024 | $29.1B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
TCS generates absolutely massive, incredibly reliable revenue. Driven by massive, multi-year contracts with the Fortune 500, they generate roughly $29 billion annually, completely dominating their Indian peers like Infosys and Wipro.
Extreme operational discipline. Despite highly volatile global economic conditions, TCS consistently maintains incredibly high operating profit margins (typically around 24-25%). They achieve this through absolute mastery of workforce utilization, highly aggressive cost control, and continuously moving up the value chain to charge higher rates.
Funding the empire. 'Tata Sons' (the holding company) owns over 70% of TCS. Because TCS requires very little physical capital to operate, it generates incredibly massive billions in pure Free Cash Flow. TCS pays massive dividends directly to Tata Sons, which uses that cash to fund the conglomerate's other, massive capital-intensive businesses (like Steel and Airlines).
Yes, highly aggressive capital returns. Because they generate more cash than they can possibly invest in operations, TCS frequently executes massive, multi-billion dollar share buyback programs to aggressively return capital to shareholders and support their massive stock valuation.
A highly complex vulnerability. Because they bill massive Western clients in US Dollars and Euros, but pay the vast majority of their 600,000 employees in Indian Rupees, TCS is highly sensitive to currency exchange rates. They employ massive financial hedging teams to protect their profit margins from sudden currency shocks.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Tata Consultancy Services Limited 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>Tata Consultancy Services Limited reported $30B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/tcs/financials" target="_blank" rel="noopener">CorpDigest — Tata Consultancy Services Limited financials</a></div>