Wipro Limited
Financial Performance
Wipro Revenue & Financials
Revenue
~$10.7B (FY2026, partial period)
Market Cap
$28B
Net Income
~$1.5B
Employees
228,000
What is Wipro's revenue?
Wipro's latest revenue figure is ~$10.7B (2026). This is a partial-period figure covering less than a full fiscal year, not audited fiscal-year revenue.
- Latest revenue
- ~$10.7B (FY2026, partial period)
- Year-over-year
- +4%
- Growth rate (CAGR)
- 6.1% over 10 years
- Peak revenue
- ~$10.7B (FY2026)
- Years of data
- 11
- Employees
- 228,000
- How many employees does Wipro have?
- Wipro has about 228,000 employees.
Financial Analysis
In FY2026 Wipro reported gross revenue of Rs 926.2 billion and net income of Rs 132.0 billion. IT services revenue was about $10.48 billion, roughly level with the year before, and the IT services operating margin was 17.2%. Fourth-quarter gross revenue was Rs 242.4 billion, up 7.7% year over year, and quarterly net income was Rs 35.0 billion, down 1.9%. With the Q4 results in April 2026, the board approved a Rs 150 billion share buyback. In Q1 FY2027, gross revenue rose 10.6% year over year to Rs 244.8 billion. IT services revenue fell 1.4% sequentially to $2,614.5 million, and net income was Rs 33.6 billion ($354.6 million), up 0.6% year over year.
Revenue Trend Analysis
YoY Change
+4%
10-Year CAGR
+6.1%
Peak Year
2026
Trend
Mostly Growing
Wipro Limited has 11 full fiscal year figures on this page, compounding at +6.1% annually over 10 years. The most recent year saw a 4% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at ~$10.7B. Of 10 comparable year-over-year steps, 7 showed growth and 3 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2026partial period | ~$10.7B | ~$1.5B | +4.0% | Wipro (NSE:WIPRO) annual reports, as compiled by S&P Global (via StockAnalysis) For the full fiscal year ended March 31, 2026 (FY2026), gross revenue reached ₹926.2 billion. The IT Services operating margin improved to 17.2%, with adjusted net income at $1.43 billion. Fiscal year ended 2026-03-31. IT services segment revenue was about $10.48 billion. For the first quarter of FY2027 (ended June 30, 2026), Wipro reported gross revenue of ₹244.8 billion ($2,585.9 million). The full year FY2026 reporting will synthesize these quarterly figures. |
| FY2025 | ~$10.3B | ~$1.5B | -0.7% | Wipro (NSE:WIPRO) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-03-31. |
| FY2024 | ~$10.4B | ~$1.3B | -0.8% | Wipro (NSE:WIPRO) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-03-31. |
| FY2023 | ~$10.5B | ~$1.3B | +14.4% | Wipro (NSE:WIPRO) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-03-31. |
| FY2022 | ~$9.2B | ~$1.4B | +27.7% | Wipro (NSE:WIPRO) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-03-31. |
| FY2021 | ~$7.2B | ~$1.3B | +1.5% | WIPRO LIMITED annual report (SEC EDGAR, filed 2023-05-24) Fiscal year ended 2021-03-31. |
| FY2020 | ~$7.1B | ~$1.1B | +4.2% | WIPRO LIMITED annual report (SEC EDGAR, filed 2022-06-09) Fiscal year ended 2020-03-31. |
| FY2019 | ~$6.8B | ~$1B | +7.5% | WIPRO LIMITED annual report (SEC EDGAR, filed 2021-06-09) Fiscal year ended 2019-03-31. |
| FY2018 | ~$6.3B | ~$928.9M | -1.0% | WIPRO LIMITED annual report (SEC EDGAR, filed 2020-06-01) Fiscal year ended 2018-03-31. |
| FY2017 | ~$6.4B | ~$984.8M | +7.4% | WIPRO LIMITED annual report (SEC EDGAR, filed 2019-06-11) Fiscal year ended 2017-03-31. |
| FY2016 | ~$5.9B | ~$1B | — | WIPRO LIMITED annual report (SEC EDGAR, filed 2018-06-28) Fiscal year ended 2016-03-31. |
Click any row to see year details.
Wipro Limited balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Mar 31, 2025 | ~$2B | ~$170.9M | ~$14.9B | ~$5.3B | ~$9.6B | ~$1.8B | Form 20-F |
| FY2024ended Mar 31, 2024 | ~$2B | ~$121.9M | ~$13.4B | ~$4.7B | ~$8.7B | ~$1.9B | Form 20-F |
| FY2023ended Mar 31, 2023 | ~$1.5B | ~$172.1M | ~$13.6B | ~$4.6B | ~$9.1B | ~$1.3B | Form 20-F |
| FY2022ended Mar 31, 2022 | ~$1.3B | ~$233.8M | ~$12.5B | ~$4.9B | ~$7.6B | ~$1.1B | Form 20-F |
| FY2021ended Mar 31, 2021 | ~$1.7B | ~$227.1M | ~$9.6B | ~$3.2B | ~$6.4B | ~$1.5B | Form 20-F |
| FY2020ended Mar 31, 2020 | ~$1.2B | ~$272.6M | ~$9.5B | ~$3B | ~$6.5B | ~$894.9M | Form 20-F |
| FY2019ended Mar 31, 2019 | ~$1.3B | ~$264.3M | ~$9.7B | ~$3B | ~$6.6B | ~$1.1B | Form 20-F |
| FY2018ended Mar 31, 2018 | ~$977.1M | ~$253.7M | ~$8.8B | ~$3.2B | ~$5.6B | ~$723.4M | Form 20-F |
| FY2017ended Mar 31, 2017 | ~$1.1B | ~$241.9M | ~$9.2B | ~$3.1B | ~$6B | ~$834.3M | Form 20-F |
Keep researching Wipro
Wipro Revenue and Financial FAQ
What are Wipro's latest quarterly revenue figures, FY2026 EBIT margins, and cash dividends?
In its FY2026 annual report and SEC Form 20-F, Wipro reported consolidated gross revenue of ₹926.24 billion (~$11.1 billion USD), with an IT Services operating EBIT margin of 17.2% and net income of ₹131.97 billion. In its latest quarterly reporting (Q1 FY2027 ended June 30, 2026), Wipro recorded gross revenue of ₹244.8 billion ($2.59 billion USD), maintaining disciplined capital returns via regular cash dividends and share repurchases.
What was Wipro's total revenue in fiscal year 2026?
In fiscal year 2026, Wipro generated ₹92,624 crore (approximately $11.1 billion USD) in consolidated revenue, supported by steady enterprise cloud adoption and multi-million-dollar deal bookings.
What is Wipro's IT services operating margin performance?
Wipro maintains IT services operating margins between 15% and 17%, balancing employee wage increases and on-site consulting costs against offshore delivery automation and pyramid rationalization.
What are Large Deal Bookings and why are they important for Wipro?
Total Contract Value (TCV) bookings measure the total dollar value of signed multi-year client deals; Wipro consistently books $3 billion to $4 billion in large deal TCV annually, providing multi-quarter revenue visibility.
What is Wipro's capital return policy regarding share buybacks?
Wipro regularly conducts multi-thousand-crore share buyback programs (such as its ₹12,000 crore buyback in 2023), efficiently returning surplus free cash flow to shareholders alongside quarterly cash dividends.
What is Wipro's total employee headcount and utilization rate?
Wipro employs over 230,000 technology professionals across 65+ countries, maintaining software engineer billable utilization rates between 82% and 85% to optimize workforce profitability.
How does currency movement between the Indian Rupee and US Dollar affect earnings?
Because Wipro earns roughly 60% of revenue in US dollars while incurring substantial software delivery costs in Indian rupees, a depreciating rupee naturally expands operating margins and rupee net profits.
What is Wipro's balance sheet cash and debt position?
Wipro maintains a pristine, cash-rich balance sheet with over $4 billion in net cash, short-term investments, and sovereign bonds, with negligible long-term funded debt.
What is Wipro's dividend distribution history?
Wipro has rewarded shareholders with uninterrupted annual dividends for decades, accompanied by periodic bonus share issues that have created astronomical generational wealth for early Indian retail investors.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Wipro Revenue & Financials." CorpDigest, https://corpdigest.com/company/wipro/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>Wipro reported ~$10.7B as its latest revenue figure (2026, partial period, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/wipro/financials" target="_blank" rel="noopener">CorpDigest — Wipro financials</a></div>Related Financial Audits
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