Wipro reports USD 2.58 billion Q2 revenue and Wipro stock costs EUR 1.68

Published on 10/16/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 2.58 billion. Guidance spans USD 2.57-2.63 billion, while Wipro stock costs EUR 1.68 on October 16, 2026 at USD 18.5 billion value.

Operational signals from Q2

Wipro reported USD 2.58 billion in revenue for the quarter ended September 30, 2026.
Q3 guidance spans USD 2.571 billion to USD 2.625 billion in constant currency on October 15, 2026.
Wipro stock was trading at EUR 1.68 at 9:35 a.m. CEST at Lang & Schwarz on October 16, 2026.

WIT, US97651M1099, Illustration mit AI erstellt.

Wipro (ISIN US97651M1099) reported USD 2.58 billion in revenue for the quarter ended September 30, 2026, while its IT services margin reached 16.5 percent. The results were published on October 15, 2026, and Wipro said demand remained focused on efficiency, productivity and artificial intelligence adoption.

Q2 revenue held nearly flat

IT services revenue stood at USD 2.61 billion in the second quarter, up 0.6 percent year over year in constant currency and flat sequentially. Operating margin improved by 0.5 percentage points from the previous quarter to 16.5 percent.

Yahoo Finance reported that net income fell 1.9 percent year over year to USD 333.9 million, while earnings per share rose 4.2 percent to USD 0.03. The contrasting figures put margin improvement ahead of profit growth in the quarterly reading.

What does the guidance mean?

Wipro guided for third-quarter IT services revenue of USD 2.571 billion to USD 2.625 billion in constant currency, equivalent to sequential growth of minus 1.5 percent to plus 0.5 percent. Seasonal furloughs and fewer working days are included in that outlook.

The company also reported USD 2.595 billion in total bookings for the quarter and USD 674 million in large deal bookings. Large deal bookings declined 58.6 percent sequentially, giving investors a concrete counterweight to the stronger margin and cash-flow figures.

Stock valuation and trading price

Wipro's operating cash flow reached USD 553.6 million in the quarter, equal to 165.8 percent of net income. The company said its AI-related investments are beginning to support new-client wins and larger transformation opportunities.

Wipro was trading at EUR 1.68 at Lang & Schwarz on October 16, 2026 at 9:35 a.m. CEST. The finance data snapshot showed a USD 18.5 billion market capitalization as of October 15, 2026, while Wipro's NYSE instrument closed at USD 1.80 on that date.

The further course of trading is shown by the continuously updated real-time quote of Wipro stock.