Wipro Financials
Wipro (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).
Low-debt, capital-light operations let Wipro keep turning earnings into cash even as revenue and liquidity softened.
Across FY2024-FY2026, revenue fell from$10.8B to$9.9B , yet net margin stayed near14% and capital spending stayed below$200M ; that points to a business whose economics depend more on execution discipline than on asset expansion. Because operating cash flow still exceeded net income in each of those years, the earnings slowdown looks like softer activity rather than profits being sustained by weak cash conversion.
Near-term liquidity weakened as the current ratio moved from 2.7x to 2.0x, driven by higher current liabilities and slightly lower current assets. But this is not a borrowing-led squeeze: long-term debt was only
FY2026 free cash flow of
Financial Health Signals
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'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.
Not available for Wipro, and counted as zero in the overall score.
Wipro's revenue declined 5.3% year-over-year, from $10.4B to $9.9B. This contraction results in a growth score of 19/100.
Wipro 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.
Wipro's current ratio of 2.05 indicates adequate short-term liquidity, earning a score of 59/100. The company can meet its near-term obligations, though with limited headroom.
Wipro converts 14.4% of revenue into free cash flow ($1.4B). This strong cash generation earns a score of 81/100.
Not available for Wipro, and counted as zero in the overall score.
Wipro 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.
For every $1 of reported earnings, Wipro 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
Earnings & Revenue
Wipro generated $9.9B in revenue in fiscal year 2026. This represents a decrease of 5.3% from the prior year.
Wipro reported $1.4B in net income in fiscal year 2026. This represents a decrease of 8.6% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Wipro generated $1.4B in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 21.3% from the prior year.
Wipro held $1.1B in cash against $281.0M in long-term debt as of fiscal year 2026, with $4.3B of liabilities due within a year.
Not reported for fiscal year 2026.
Margins & Returns
Wipro's net profit margin was 14.3% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.5 percentage points from the prior year.
Wipro's ROE was 14.9% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Capital Allocation
Wipro invested $166.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 4.0% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
WIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, EPS (Diluted).
WIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Not reported in any period shown, so not listed: Accounts Receivable.
WIT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Not reported in any period shown, so not listed: Share Buybacks.
WIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Similar Companies
Where Wipro Ranks
Frequently Asked Questions
What is Wipro's annual revenue?
Wipro (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's revenue growing?
Wipro (WIT) revenue declined by 5.3% year-over-year, from $10.4B to $9.9B in fiscal year 2026.
Is Wipro profitable?
Yes, Wipro (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 have?
As of fiscal year 2026, Wipro (WIT) had $1.1B in cash and equivalents against $281.0M in long-term debt.
What is Wipro's net profit margin?
Wipro (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's return on equity (ROE)?
Wipro (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's free cash flow?
Wipro (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's operating cash flow?
Wipro (WIT) generated $1.6B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Wipro's total assets?
Wipro (WIT) had $15.1B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Wipro's capital expenditures?
Wipro (WIT) invested $166.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Wipro's current ratio?
Wipro (WIT) had a current ratio of 2.05 as of fiscal year 2026, which is generally considered healthy.
What is Wipro's debt-to-equity ratio?
Wipro (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's return on assets (ROA)?
Wipro (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's Piotroski F-Score?
Wipro (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's earnings high quality?
Wipro (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?
Wipro (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.