Wipro Limited (WIT) quarterly income statement — complete revenue, gross profit & net income history
Wipro Limited (WIT) annual income statement — 27-year revenue, gross profit & net income history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Sales/Revenue | 247.2B | 246.24B | 242.36B | 235.56B | 226.97B | 221.35B | 225.04B | 223.19B | 223.02B | 219.64B | 222.08B | 222.05B | 225.16B | 228.31B | 231.9B | 232.29B | 225.4B | 215.29B | 208.6B | 203.14B |
| Revenue Growth % | 8.91% | 11.25% | 7.7% | 5.54% | 1.77% | 0.78% | 1.33% | 0.51% | -0.95% | -3.8% | -4.23% | -4.41% | -0.11% | 6.05% | 11.17% | 14.35% | 14.6% | 17.95% | 28.41% | 29.63% |
| Cost of Goods Sold | 175.84B | 175.94B | 171.91B | 167.2B | 159.83B | 157.25B | 155.53B | 153.92B | 155.05B | 153.31B | 157.22B | 153.83B | 159.19B | 161.26B | 162.74B | 161.88B | 162.78B | 154.57B | 146.89B | 141.59B |
| COGS % of Revenue | 71.13% | 71.45% | 70.93% | 70.98% | 70.42% | 71.04% | 69.11% | 68.97% | 69.52% | 69.8% | 70.79% | 69.28% | 70.7% | 70.63% | 70.17% | 69.69% | 72.22% | 71.8% | 70.42% | 69.7% |
| Gross Profit | 71.36B | 70.3B | 70.45B | 68.36B | 67.14B | 64.1B | 69.52B | 69.27B | 67.97B | 66.33B | 64.86B | 68.22B | 65.97B | 67.05B | 69.17B | 70.41B | 62.62B | 60.72B | 61.71B | 61.55B |
| Gross Margin % | 28.87% | 28.55% | 29.07% | 29.02% | 29.58% | 28.96% | 30.89% | 31.03% | 30.48% | 30.2% | 29.21% | 30.72% | 29.3% | 29.37% | 29.83% | 30.31% | 27.78% | 28.2% | 29.58% | 30.3% |
| Gross Profit Growth % | 6.29% | 9.68% | 1.34% | -1.31% | -1.22% | -3.37% | 7.17% | 1.53% | 3.03% | -1.07% | -6.22% | -3.1% | 5.35% | 10.42% | 12.08% | 14.4% | 4.29% | 8.2% | 15.27% | 16.23% |
| Operating Expenses | 31.55B | 31.79B | 28.64B | 33.41B | 29.87B | 28.56B | 31.21B | 30.71B | 30.82B | 30.26B | 29.49B | 35.36B | 32.62B | 32.53B | 31.59B | 32.77B | 30.12B | 28.83B | 26.6B | 26.01B |
| OpEx % of Revenue | 12.76% | 12.91% | 11.82% | 14.18% | 13.16% | 12.9% | 13.87% | 13.76% | 13.82% | 13.78% | 13.28% | 15.92% | 14.49% | 14.25% | 13.62% | 14.11% | 13.36% | 13.39% | 12.75% | 12.8% |
| Selling, General & Admin | 0 | 31.79B | 28.64B | 33.41B | 29.87B | 28.56B | 22.6B | 30.71B | 30.42B | 30.06B | 32.13B | 34.03B | 31.68B | 32.47B | 32.46B | 32.77B | 30.12B | 28.83B | 26.61B | 26.02B |
| SG&A % of Revenue | - | 12.91% | 11.82% | 14.18% | 13.16% | 12.9% | 10.04% | 13.76% | 13.64% | 13.68% | 14.47% | 15.33% | 14.07% | 14.22% | 14% | 14.11% | 13.36% | 13.39% | 12.75% | 12.81% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 0 | 0 | 0 | -1000K | -1000K |
| Operating Income | 39.81B | 38.52B | 41.81B | 34.95B | 37.27B | 35.54B | 38.31B | 38.56B | 37.15B | 36.07B | 35.37B | 32.87B | 33.34B | 34.52B | 37.58B | 37.64B | 32.5B | 31.89B | 35.11B | 35.53B |
| Operating Margin % | 16.1% | 15.64% | 17.25% | 14.84% | 16.42% | 16.06% | 17.02% | 17.28% | 16.66% | 16.42% | 15.93% | 14.8% | 14.81% | 15.12% | 16.2% | 16.2% | 14.42% | 14.81% | 16.83% | 17.49% |
| Operating Income Growth % | 6.81% | 8.37% | 9.13% | -9.36% | 0.33% | -1.46% | 8.3% | 17.32% | 11.41% | 4.5% | -5.87% | -12.68% | 2.59% | 8.23% | 7.02% | 5.91% | -6.92% | -8.15% | 2.76% | 5.09% |
| EBITDA | 48.56B | 46.61B | 49.09B | 43B | 44.19B | 42.4B | 45.53B | 45.32B | 45.46B | 43.36B | 42.97B | 41.73B | 42.31B | 41.9B | 45.39B | 45.7B | 40.47B | 39.63B | 42.46B | 42.99B |
| EBITDA Margin % | 19.65% | 18.93% | 20.26% | 18.25% | 19.47% | 19.15% | 20.23% | 20.31% | 20.38% | 19.74% | 19.35% | 18.79% | 18.79% | 18.35% | 19.57% | 19.67% | 17.96% | 18.41% | 20.35% | 21.17% |
| EBITDA Growth % | 9.9% | 9.93% | 7.83% | -5.13% | -2.79% | -2.22% | 5.95% | 8.62% | 7.43% | 3.49% | -5.34% | -8.7% | 4.55% | 5.72% | 6.92% | 6.29% | -5.08% | -8.08% | 3.14% | 7.31% |
| D&A (Non-Cash Add-back) | 8.76B | 8.09B | 7.29B | 8.05B | 6.92B | 6.86B | 7.22B | 6.76B | 8.31B | 7.29B | 7.6B | 8.86B | 8.97B | 7.38B | 7.82B | 8.06B | 7.97B | 7.74B | 7.34B | 7.46B |
| EBIT | 39.81B | 38.52B | 49.83B | 43.2B | 44.76B | 44.85B | 45.67B | 47.1B | 45.06B | 42.24B | 41.93B | 38.65B | 38.13B | 41.06B | 43.04B | 42.65B | 36.47B | 35.56B | 39.04B | 39.19B |
| Net Interest Income | 721.05M | 2.01B | 4.03B | 4.99B | 5.06B | 5.06B | 7.53B | 4.91B | 4.29B | 3.6B | 2.03B | 1.61B | 1.13B | 2.16B | 2.13B | 1.67B | 1.48B | 1.53B | 1.9B | 1.78B |
| Interest Income | 6.13B | 6.69B | 7.19B | 6.86B | 7B | 7.33B | 7.53B | 7.48B | 6.58B | 5.63B | 5.34B | 4.74B | 4.16B | 5.24B | 4.99B | 4.57B | 3.75B | 3.58B | 3.62B | 3.19B |
| Interest Expense | 5.41B | 4.68B | 3.16B | 1.86B | 1.94B | 2.26B | 0 | 2.57B | 2.29B | 2.02B | 3.31B | 3.13B | 3.03B | 3.09B | 2.86B | 2.9B | 2.27B | 2.04B | 1.72B | 1.4B |
| Other Income/Expense | 2.18B | 5.09B | 4.87B | 6.39B | 5.55B | 7.04B | 9.12B | 5.98B | 5.63B | 4.15B | 3.25B | 2.66B | 1.75B | 3.46B | 2.61B | 2.12B | 1.7B | 1.63B | 2.21B | 2.25B |
| Pretax Income | 41.99B | 43.6B | 46.68B | 41.34B | 42.82B | 42.58B | 47.43B | 44.53B | 42.78B | 40.22B | 38.62B | 35.52B | 35.09B | 37.98B | 40.18B | 39.75B | 34.2B | 33.52B | 37.32B | 37.79B |
| Pretax Margin % | 16.99% | 17.71% | 19.26% | 17.55% | 18.87% | 19.24% | 21.08% | 19.95% | 19.18% | 18.31% | 17.39% | 16% | 15.59% | 16.63% | 17.33% | 17.11% | 15.17% | 15.57% | 17.89% | 18.6% |
| Income Tax | 10.04B | 9.84B | 11.46B | 9.89B | 10.2B | 9.22B | 11.55B | 10.87B | 10.51B | 9.85B | 10.04B | 8.52B | 8.42B | 9.12B | 9.25B | 9.1B | 7.71B | 7.93B | 6.4B | 8.06B |
| Effective Tax Rate % | 23.9% | 22.57% | 24.55% | 23.92% | 23.82% | 21.65% | 24.35% | 24.4% | 24.57% | 24.49% | 26% | 23.97% | 23.99% | 24% | 23.02% | 22.9% | 22.54% | 23.66% | 17.14% | 21.34% |
| Net Income | 31.96B | 33.72B | 35.02B | 31.19B | 32.46B | 33.3B | 35.7B | 33.54B | 32.09B | 30.03B | 28.35B | 26.94B | 26.46B | 28.7B | 30.75B | 30.53B | 26.59B | 25.64B | 30.87B | 29.69B |
| Net Margin % | 12.93% | 13.69% | 14.45% | 13.24% | 14.3% | 15.05% | 15.86% | 15.03% | 14.39% | 13.67% | 12.76% | 12.13% | 11.75% | 12.57% | 13.26% | 13.14% | 11.8% | 11.91% | 14.8% | 14.62% |
| Net Income Growth % | -1.53% | 1.25% | -1.9% | -7% | 1.17% | 10.9% | 25.93% | 24.48% | 21.26% | 4.64% | -7.8% | -11.75% | -0.48% | 11.96% | -0.41% | 2.83% | -9.27% | -20.68% | 3.88% | 0.08% |
| Net Income (Continuing) | 31.95B | 33.76B | 35.22B | 31.45B | 32.62B | 33.37B | 35.88B | 33.67B | 32.27B | 30.37B | 28.58B | 27.01B | 26.67B | 28.86B | 30.93B | 30.65B | 26.49B | 25.59B | 30.93B | 29.72B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.72B | 2.07B | 2.51B | 2.17B | 1.91B | 1.69B | 2.14B | 1.96B | 1.8B | 1.67B | 1.34B | 698M | 9.91M | 7.61M | 589M | 402M | 328M | 415M | 515M | 446M |
| EPS (Diluted) | 3.23 | 3.22 | 3.33 | 2.97 | 3.10 | 3.17 | 3.39 | 3.20 | 3.06 | 2.87 | 2.71 | 2.58 | 2.52 | 2.56 | 2.80 | 2.78 | 2.42 | 2.34 | 2.81 | 2.71 |
| EPS Growth % | 4.19% | 1.58% | -1.77% | -7.19% | 1.31% | 10.45% | 25.09% | 24.03% | 21.43% | 12.11% | -3.21% | -7.19% | 4.13% | 9.4% | -0.36% | 2.58% | -9.7% | -20.68% | 4.46% | 4.63% |
| EPS (Basic) | 3.23 | 3.22 | 3.34 | 2.98 | 3.11 | 3.18 | 3.41 | 3.21 | 3.07 | 2.88 | 2.72 | 2.58 | 2.53 | 2.62 | 2.81 | 2.79 | 2.43 | 2.35 | 2.82 | 2.72 |
| Diluted Shares Outstanding | 9.91B | 10.48B | 10.5B | 10.5B | 10.48B | 10.49B | 10.53B | 10.48B | 10.48B | 10.47B | 10.47B | 10.46B | 10.49B | 11.2B | 10.98B | 10.97B | 10.97B | 10.97B | 10.98B | 10.96B |
| Basic Shares Outstanding | 9.9B | 10.46B | 10.48B | 10.48B | 10.45B | 10.47B | 10.46B | 10.46B | 10.45B | 10.45B | 10.44B | 10.44B | 10.47B | 10.97B | 10.96B | 10.96B | 10.95B | 10.94B | 10.94B | 10.94B |
| Dividend Payout Ratio | 62.05% | - | 179.48% | - | 161.28% | - | 175.79% | - | - | - | 18.41% | - | - | - | 17.81% | - | - | 106.64% | 17.71% | - |