Overview
Persistent Systems is an Indian software engineering and digital services company; its results releases carry a joint Santa Clara, California and Pune, India dateline. For the fiscal year ended 31 March 2026 (FY26) it reported revenue of US$1,654.4 million, up 17.4% year on year, with fourth-quarter revenue of US$436.0 million, up 3.2% sequentially.[3] Its company description states that it has more than 27,500 employees located in 18 countries.[3] Persistent’s growth rate was the highest among the firms in this list with more than 10,000 staff, and it reported an EBIT margin of 15.6% for the year. The board declared a full-year dividend of ₹40 per share.[3] The company’s work spans product engineering for software vendors, banking and healthcare platforms, and enterprise application modernisation.
Persistent Systems strengths and limitations
Strengths
- Revenue growth of 17.4% in FY26
- Reported EBIT margin of 15.6%
Limitations
- Revenue is concentrated in fewer countries (18) than EPAM or Nagarro
- Headcount figure is a rounded company statement rather than a dated disclosure
Appears in
- Best Software Development Companies in 2026 #3
- Top 50 IT Outsourcing Companies in India: 2026 Edition #9
- Top 50 IT Outsourcing Companies in the World: 2026 Edition #40
- Top 50 Software Development Companies: 2026 Edition #20
- Top 50 IT Services Companies: 2026 Edition #41
Persistent Systems alternatives and competitors
Alternatives to Persistent Systems: companies ranked in the same lists.
EPAM Systems
Infosys
Globant- Zensar Technologies
Hexaware Technologies
LTM (formerly LTIMindtree)
Tech Mahindra
Wipro- HCLTech
Coforge- Tata Consultancy Services (TCS)
Grid Dynamics
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