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Persistent Systems versus Coforge: Which mid-tier IT firm performed better in Q1FY26?

in Data Story
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Persistent Systems share fell more than 9% on bourses post Q4 results
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Debasis Mohapatra

Bengaluru, 17 August 2025

Persistent Systems & Coforge remained the two fastest growing mid-tier IT firms in April-June quarter of current financial year (Q1FY26).

Here is a snapshot.

Q1FY26 Performance comparison:

ParticularsCoforgePersistent
Revenue$442.4 million$389.7 million
Revenue Growth YoY54.5% ↑18.8% ↑
Operating Margin17.5%15.5%
Operating Margin QoQ61 basis points ↑10 basis points ↓
Deal Pipeline$507 million$520.8 million
Total Headcount34,18725,340
Headcount Rise/Fall QoQ1,164 ↑746 ↑

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