WNS Margins & Profitability 2024-2025

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 32.9%
EBITDA Margin: 13.8%
Op. Margin: 9.4%
Net Margin: 6.1%

Op. margin of 9.4% is down 2.6% YoY — costs are rising relative to revenue. Net margin at 6.1% and gross margin of 32.9% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit