Wipro Limited (WIT) Financials

WIT

FY2026 annual

Revenue $9.9B -5.3% YoY

Net Income $1.4B -8.6% YoY

Free Cash Flow $1.4B -21.3% YoY

Operating Cash Flow $1.6B -19.8% YoY

Market Cap $16.8B as of Oct 10, 2026

Price / Sales 1.7x on $9.9B revenue, FY2026

Price / Earnings 11.9x on $1.4B net income, FY2026

Price / Book 1.7x on $9.7B equity, Q3 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 2, 2026 Reported Jun 2, 2026 Currency USD FYE June

Newest figures come from the 20-F for FY2026, filed Jun 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WIT SEC filings page.

Wipro Limited (WIT) reported $9.9B in revenue for fiscal year 2026, down 5.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WIT FY2026 2026-10-04

Wipro’s low-capital business model converts earnings into cash, while distributions and softer liquidity matter more than debt.

In FY2026, operating cash flow of $1.591B exceeded net income of $1.414B, but that cushion narrowed from $438M in FY2025 to $177M. Profit still became cash, yet the smaller gap means earnings had less cash support beyond the reported result.

Capital intensity remains modest: FY2026 capital expenditures were $166M against free cash flow of $1.425B, so reinvestment absorbed relatively little internally generated cash. Free cash flow nevertheless fell from $1.810B in FY2025, indicating weaker cash production rather than a heavier investment burden.

The company paid dividends of $1.228B while financing cash flow was -$1.505B; with debt-to-equity at 0.03x, distributions were not paired with material borrowing. The current ratio declined from 2.7x in FY2025 to 2.1x in FY2026, leaving less short-term balance-sheet cushion despite low leverage.

Financial Health Signals

Financial Health Score 41/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Wipro Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for Wipro Limited, and counted as zero in the overall score.

Growth

Wipro Limited's revenue declined 5.3% year-over-year, from $10.4B to $9.9B. This contraction results in a growth score of 18/100.

Leverage

Wipro Limited carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Wipro Limited's current ratio of 2.05 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Wipro Limited converts 14.4% of revenue into free cash flow ($1.4B). This strong cash generation earns a score of 80/100.

Returns

Not available for Wipro Limited, and counted as zero in the overall score.

Piotroski F-Score Partial

3/8

Wipro Limited passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.13x

For every $1 of reported earnings, Wipro Limited generates $1.13 in operating cash flow ($1.6B OCF vs $1.4B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

None of these metrics is reported for Q3 2025.

Cash & Balance Sheet

Cash & Debt

$1.4B

YoY+22.8%

QoQ+22.8%

Wipro Limited held $1.4B in cash against $260.0M in long-term debt as of Q3 2025, with $3.4B of liabilities due within a year.

Shares Outstanding

10.47B

Wipro Limited had 10.47B shares outstanding in Q3 2025.

Free Cash Flow

Not reported for Q3 2025.

Dividends Per Share

Not reported for Q3 2025.

Margins & Returns

None of these metrics is reported for Q3 2025.

Capital Allocation

None of these metrics is reported for Q3 2025.

WIT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WIT quarterly income statement

Metric	FY2620-F	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Revenue	$9.9B-5.3%	$10.4B-3.2%	$10.8B-2.2%	$11.0B+5.6%	$10.4B+23.1%	$8.5B+4.6%	$8.1B-4.5%	$8.5B+1.2%	$8.4B
Interest Expense	N/A	$173.0M+14.6%	$151.0M+22.8%	$123.0M+75.7%	$70.0M0.0%	$70.0M-27.8%	$97.0M-9.3%	$107.0M+18.9%	$90.0M
Income Tax	$434.0M-13.4%	$501.0M+15.7%	$433.0M+4.6%	$414.0M+8.4%	$382.0M-8.0%	$415.0M+26.1%	$329.0M-9.9%	$365.0M+6.1%	$344.0M
Net Income	$1.4B-8.6%	$1.5B+16.1%	$1.3B-3.6%	$1.4B-14.2%	$1.6B+8.5%	$1.5B+14.7%	$1.3B-0.5%	$1.3B+5.9%	$1.2B
Diluted Shares (Avg)	10.61B+1.2%	10.49B	10.61B-3.3%	10.98B+100.3%	5.48B-3.2%	5.66B-3.2%	5.85B-2.9%	6.02B-5.1%	6.34B

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

WIT Balance Sheet

WIT quarterly balance sheet

Metric	FY2620-F	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Total Assets	$15.1B+0.5%	$15.1B+8.9%	$13.8B-3.3%	$14.3B+0.6%	$14.2B+25.1%	$11.4B+4.9%	$10.8B-10.0%	$12.0B+3.1%	$11.7B
Current Assets	$8.8B-3.3%	$9.1B+16.6%	$7.8B-2.9%	$8.0B-1.7%	$8.2B+14.4%	$7.2B+3.7%	$6.9B-16.6%	$8.3B+6.4%	$7.8B
Cash & Equivalents	$1.1B-21.2%	$1.4B+22.8%	$1.2B+4.0%	$1.1B-18.3%	$1.4B-41.0%	$2.3B+21.1%	$1.9B-16.4%	$2.3B+232.2%	$690.0M
Inventory	$6.0M-25.0%	$8.0M-27.3%	$11.0M-21.4%	$14.0M-22.2%	$18.0M+20.0%	$15.0M-40.0%	$25.0M-56.1%	$57.0M+9.6%	$52.0M
Goodwill	$4.1B+8.5%	$3.8B+0.3%	$3.8B+1.2%	$3.7B+15.1%	$3.3B+71.1%	$1.9B+9.4%	$1.7B+2.8%	$1.7B-6.4%	$1.8B
Total Liabilities	$5.7B+6.1%	$5.3B+10.8%	$4.8B+0.5%	$4.8B-13.5%	$5.5B+46.5%	$3.8B+10.7%	$3.4B-9.9%	$3.8B-10.3%	$4.2B
Current Liabilities	$4.3B+28.2%	$3.4B+10.6%	$3.0B-7.0%	$3.3B-19.8%	$4.1B+29.2%	$3.1B+9.6%	$2.9B-7.4%	$3.1B-5.5%	$3.3B
Non-Current Liabilities	$1.4B-31.2%	$2.0B+11.2%	$1.8B+16.3%	$1.5B+3.9%	$1.5B+131.5%	$639.0M+16.6%	$548.0M-21.0%	$694.0M-26.9%	$949.0M
Long-Term Debt	$281.0M+8.1%	$260.0M+54.8%	$168.0M-13.4%	$194.0M-3.0%	$200.0M+90.5%	$105.0M+20.7%	$87.0M	N/A	N/A
Total Equity	$9.5B-2.6%	$9.7B+7.8%	$9.0B-5.2%	$9.5B+9.6%	$8.7B+14.5%	$7.6B+2.2%	$7.4B-10.1%	$8.3B+10.7%	$7.5B
Retained Earnings	$7.8B-6.6%	$8.4B+10.8%	$7.6B-5.9%	$8.0B+10.7%	$7.3B+13.9%	$6.4B-7.5%	$6.9B-10.8%	$7.7B+11.0%	$7.0B

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K
Total Assets	$15.1B+8.9%	$13.8B-3.3%	$14.3B+0.6%	$14.2B+25.1%	$11.4B+4.9%	$10.8B-10.0%	$12.0B+3.1%	$11.7B
Current Assets	$9.1B+16.6%	$7.8B-2.9%	$8.0B-1.7%	$8.2B+14.4%	$7.2B+3.7%	$6.9B-16.6%	$8.3B+6.4%	$7.8B
Cash & Equivalents	$1.4B+22.8%	$1.2B+4.0%	$1.1B-18.3%	$1.4B-41.0%	$2.3B+21.1%	$1.9B-16.4%	$2.3B+232.2%	$690.0M
Inventory	$8.0M-27.3%	$11.0M-21.4%	$14.0M-22.2%	$18.0M+20.0%	$15.0M-40.0%	$25.0M-56.1%	$57.0M+9.6%	$52.0M
Goodwill	$3.8B+0.3%	$3.8B+1.2%	$3.7B+15.1%	$3.3B+71.1%	$1.9B+9.4%	$1.7B+2.8%	$1.7B-6.4%	$1.8B
Total Liabilities	$5.3B+10.8%	$4.8B+0.5%	$4.8B-13.5%	$5.5B+46.5%	$3.8B+10.7%	$3.4B-9.9%	$3.8B-10.3%	$4.2B
Current Liabilities	$3.4B+10.6%	$3.0B-7.0%	$3.3B-19.8%	$4.1B+29.2%	$3.1B+9.6%	$2.9B-7.4%	$3.1B-5.5%	$3.3B
Non-Current Liabilities	$2.0B+11.2%	$1.8B+16.3%	$1.5B+3.9%	$1.5B+131.5%	$639.0M+16.6%	$548.0M-21.0%	$694.0M-26.9%	$949.0M
Long-Term Debt	$260.0M+54.8%	$168.0M-13.4%	$194.0M-3.0%	$200.0M+90.5%	$105.0M+20.7%	$87.0M	N/A	N/A
Total Equity	$9.7B+7.8%	$9.0B-5.2%	$9.5B+9.6%	$8.7B+14.5%	$7.6B+2.2%	$7.4B-10.1%	$8.3B+10.7%	$7.5B
Retained Earnings	$8.4B+10.8%	$7.6B-5.9%	$8.0B+10.7%	$7.3B+13.9%	$6.4B-7.5%	$6.9B-10.8%	$7.7B+11.0%	$7.0B

Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.

WIT Cash Flow Statement

WIT quarterly cash flow statement

Metric	FY2620-F	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Operating Cash Flow	$1.6B-19.8%	$2.0B-6.2%	$2.1B+33.0%	$1.6B+8.8%	$1.5B-27.7%	$2.0B+50.9%	$1.3B-20.4%	$1.7B+29.9%	$1.3B
Depreciation & Amortization	$310.0M-10.4%	$346.0M-15.6%	$410.0M+1.0%	$406.0M-0.2%	$407.0M+7.7%	$378.0M+36.5%	$277.0M-1.8%	$282.0M-13.0%	$324.0M
Capital Expenditures	$166.0M-4.0%	$173.0M+37.3%	$126.0M-30.0%	$180.0M-32.3%	$266.0M-0.7%	$268.0M-14.1%	$312.0M-5.2%	$329.0M-2.1%	$336.0M
Free Cash Flow	$1.4B-21.3%	$1.8B-9.0%	$2.0B+41.1%	$1.4B+18.0%	$1.2B-31.8%	$1.8B+70.7%	$1.0B-24.1%	$1.4B+41.2%	$957.0M
Investing Cash Flow	-$356.0M+62.3%	-$945.0M-775.0%	$140.0M+113.7%	-$1.0B+65.4%	-$3.0B-2917.1%	$105.0M-76.7%	$450.0M-37.9%	$725.0M+32.8%	$546.0M
Financing Cash Flow	-$1.5B-100.9%	-$749.0M+65.8%	-$2.2B-195.7%	-$741.0M-220.7%	$614.0M+134.8%	-$1.8B+12.0%	-$2.0B-180.5%	-$714.0M+64.2%	-$2.0B
Dividends Paid	$1.2B+67.3%	$734.0M+1065.1%	$63.0M-84.2%	$399.0M+454.2%	$72.0M-4.0%	$75.0M-17.6%	$91.0M+15.2%	$79.0M-4.8%	$83.0M

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

WIT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WIT quarterly financial ratios

Metric	FY2620-F	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Net Margin	14.3%-0.5pp	14.8%+2.5pp	12.4%-0.2pp	12.6%-2.9pp	15.5%-2.1pp	17.5%+1.5pp	16.0%+0.6pp	15.4%+0.7pp	14.7%
Return on Equity	14.9%-1.0pp	15.9%+1.1pp	14.8%+0.3pp	14.5%-4.0pp	18.6%-1.0pp	19.6%+2.1pp	17.4%+1.7pp	15.8%-0.7pp	16.5%
Return on Assets	9.3%-0.9pp	10.3%+0.6pp	9.6%0.0pp	9.7%-1.7pp	11.3%-1.7pp	13.1%+1.1pp	11.9%+1.1pp	10.8%+0.3pp	10.5%
Current Ratio	2.05-0.7x	2.72+0.1x	2.58+0.1x	2.47+0.5x	2.01-0.3x	2.27-0.1x	2.40-0.3x	2.67+0.3x	2.37
Debt-to-Equity	0.030.0x	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.010.0x	0.01-0.4x	0.46-0.1x	0.57
Asset Turnover	0.650.0x	0.69-0.1x	0.780.0x	0.770.0x	0.730.0x	0.740.0x	0.750.0x	0.700.0x	0.72
FCF Margin	14.4%-2.9pp	17.4%-1.1pp	18.5%+5.7pp	12.8%+1.3pp	11.5%-9.2pp	20.7%+8.0pp	12.7%-3.3pp	16.0%+4.5pp	11.4%

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K
Current Ratio	2.72+0.1x	2.58+0.1x	2.47+0.5x	2.01-0.3x	2.27-0.1x	2.40-0.3x	2.67+0.3x	2.37
Debt-to-Equity	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.010.0x	0.01-0.4x	0.46-0.1x	0.57

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Wipro Limited WIT	FY2026	$9.9B	$1.4B	14.3%	$16.8B	41/100
Broadridge Financial Solutions Inc BR	FY2026	$7.5B	$1.1B	15.0%	$18.7B	62/100
Cognizant Technology Solutions CTSH	FY2025	$21.1B	$2.2B	10.6%	$26.7B	74/100
Fidelity National Information Services, Inc. FIS	FY2025	$10.7B	$382.0M	3.6%	$17.6B	51/100
Leidos Holdings, Inc. LDOS	FY2025	$17.2B	$1.4B	8.4%	$15.3B	58/100

Where Wipro Limited Ranks

Frequently Asked Questions

What is Wipro Limited's annual revenue?

Wipro Limited (WIT) reported $9.9B in total revenue for fiscal year 2026. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Wipro Limited's revenue growing?

Wipro Limited (WIT) revenue declined by 5.3% year-over-year, from $10.4B to $9.9B in fiscal year 2026.

Is Wipro Limited profitable?

Yes, Wipro Limited (WIT) reported a net income of $1.4B in fiscal year 2026, with a net profit margin of 14.3%.

How much debt does Wipro Limited have?

As of fiscal year 2026, Wipro Limited (WIT) had $1.1B in cash and equivalents against $281.0M in long-term debt.

What is Wipro Limited's net profit margin?

Wipro Limited (WIT) had a net profit margin of 14.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Wipro Limited's return on equity (ROE)?

Wipro Limited (WIT) has a return on equity of 14.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Wipro Limited's free cash flow?

Wipro Limited (WIT) generated $1.4B in free cash flow during fiscal year 2026. This represents a -21.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Wipro Limited's operating cash flow?

Wipro Limited (WIT) generated $1.6B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Wipro Limited's total assets?

Wipro Limited (WIT) had $15.1B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Wipro Limited's capital expenditures?

Wipro Limited (WIT) invested $166.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How many shares does Wipro Limited have outstanding?

Wipro Limited (WIT) had 10.49B shares outstanding as of fiscal year 2026.

What is Wipro Limited's current ratio?

Wipro Limited (WIT) had a current ratio of 2.05 as of fiscal year 2026, which is generally considered healthy.

What is Wipro Limited's debt-to-equity ratio?

Wipro Limited (WIT) had a debt-to-equity ratio of 0.03 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Wipro Limited's return on assets (ROA)?

Wipro Limited (WIT) had a return on assets of 9.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Wipro Limited's P/E ratio?

Wipro Limited (WIT) trades at 11.9x earnings, its market capitalization divided by net income of $1.4B net income, FY2026. The market capitalization is $16.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Wipro Limited's price-to-sales ratio?

Wipro Limited (WIT) trades at 1.7x sales, its market capitalization divided by revenue of $9.9B revenue, FY2026. The market capitalization is $16.8B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Wipro Limited's Piotroski F-Score?

Wipro Limited (WIT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Wipro Limited's earnings high quality?

Wipro Limited (WIT) has an earnings quality ratio of 1.13x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Wipro Limited?

Wipro Limited (WIT) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.