Infosys Limited (INFY) Financials

INFY

FY2026 annual

Revenue $20.2B +4.6% YoY

Net Income $3.3B +4.9% YoY

EPS (Diluted) Not reported for FY2026

Operating Cash Flow $4.0B -7.2% YoY

Market Cap $43.9B as of Oct 13, 2026

Price / Sales 2.2x on $20.2B revenue, FY2026

Price / Earnings 13.2x on $3.3B net income, FY2026

Price / Book 3.9x on $11.3B equity, Q3 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 15, 2026 Reported Jun 15, 2026 Currency USD FYE June

Newest figures come from the 20-F for FY2026, filed Jun 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the INFY SEC filings page.

Infosys Limited (INFY) reported $20.2B in revenue for fiscal year 2026, up 4.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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).

Rhea AI INFY FY2026 2026-10-04

Infosys turns accounting profit into cash with low leverage, while FY2026 returns rose partly because shareholder equity shrank.

Operating cash flow converted earnings at 1.2x in FY2026, down from 1.4x in FY2025; the still-positive spread indicates cash-backed profits, but the decline signals less complete cash conversion. Net income rose while operating cash flow fell, so the reported improvement in profitability was not matched by cash generation.

Revenue reached $20.2B while net margin held at 16.5%; earnings are scaling with sales, not visibly gaining operating leverage.

ROE climbed to 33.7% as equity fell to $9.8B, making the stronger shareholder return partly a smaller-base effect rather than clear evidence of improved operating economics. Debt-to-equity stayed at 0.1x while the current ratio eased to 2.0x, leaving a lightly debt-funded balance sheet but less short-term coverage than FY2025.

Financial Health Signals

Financial health score not available

Infosys Limited does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

7/8

Infosys Limited passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.22x

For every $1 of reported earnings, Infosys Limited generates $1.22 in operating cash flow ($4.0B OCF vs $3.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q3 2025.

Cash & Balance Sheet

Cash & Debt

$2.9B

YoY+61.4%

QoQ+61.4%

Infosys Limited held $2.9B in cash against $675.0M in long-term debt as of Q3 2025.

Shares Outstanding

4.15B

YoY+0.1%

QoQ+0.1%

Infosys Limited had 4.15B shares outstanding in Q3 2025. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q3 2025.

Dividends Per Share

Not reported for Q3 2025.

Margins & Returns

None of these metrics is reported for Q3 2025.

Capital Allocation

None of these metrics is reported for Q3 2025.

INFY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INFY quarterly income statement

Metric	FY2620-F	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$20.2B+4.6%	$19.3B+3.9%	$18.6B+1.9%	$18.2B+11.7%	$16.3B+20.3%	$13.6B+6.1%	$12.8B+8.3%	$11.8B+7.9%	$10.9B+7.2%	$10.2B+7.4%	$9.5B
Interest Expense	$41.0M-16.3%	$49.0M-12.5%	$56.0M+60.0%	$35.0M+29.6%	$27.0M+3.8%	$26.0M+8.3%	$24.0M	N/A	N/A	N/A	N/A
Income Tax	$1.2B-7.4%	$1.3B+9.2%	$1.2B+3.1%	$1.1B+6.9%	$1.1B+9.8%	$973.0M+28.5%	$757.0M-5.7%	$803.0M+22.2%	$657.0M-21.2%	$834.0M+4.4%	$799.0M
Net Income	$3.3B+4.9%	$3.2B-0.2%	$3.2B+6.2%	$3.0B+0.5%	$3.0B+13.2%	$2.6B+12.2%	$2.3B+6.3%	$2.2B-11.5%	$2.5B+16.2%	$2.1B+4.3%	$2.1B
Diluted Shares (Avg)	4.12B-0.8%	4.15B+0.2%	4.14B-1.0%	4.19B-0.7%	4.22B-0.8%	4.25B-0.3%	4.27B-2.0%	4.35B	4.52B-1.3%	4.57B+100.1%	2.29B

Metric	Q3'2520-F	Q3'2420-F	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-Q	Q3'1810-Q

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

INFY Balance Sheet

INFY quarterly balance sheet

Metric	FY2620-F	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$16.4B-5.6%	$17.4B+5.4%	$16.5B+7.9%	$15.3B-1.6%	$15.6B+4.9%	$14.8B+20.9%	$12.3B+0.1%	$12.3B0.0%	$12.3B-4.7%	$12.9B	N/A
Current Assets	$10.9B-3.9%	$11.4B+5.9%	$10.7B+24.3%	$8.6B-2.7%	$8.9B+6.7%	$8.3B+15.2%	$7.2B-5.7%	$7.6B-0.4%	$7.7B-7.4%	$8.3B	N/A
Cash & Equivalents	$2.3B-18.2%	$2.9B+61.4%	$1.8B+19.7%	$1.5B-35.7%	$2.3B-31.8%	$3.4B+37.1%	$2.5B-12.9%	$2.8B-7.2%	$3.0B-12.6%	$3.5B	N/A
Goodwill	$1.3B+8.1%	$1.2B+35.1%	$875.0M-0.8%	$882.0M+8.0%	$817.0M-1.8%	$832.0M+19.0%	$699.0M+36.5%	$512.0M+51.0%	$339.0M-39.8%	$563.0M-0.9%	$568.0M
Total Liabilities	$6.6B+7.2%	$6.2B+4.2%	$5.9B-2.8%	$6.1B+9.5%	$5.6B+28.6%	$4.3B+21.5%	$3.6B+24.8%	$2.9B+24.3%	$2.3B+3.5%	$2.2B	N/A
Current Liabilities	$5.5B+10.1%	$5.0B+7.8%	$4.7B-2.5%	$4.8B+7.6%	$4.4B+35.8%	$3.3B+18.4%	$2.8B+2.4%	$2.7B+24.4%	$2.2B+0.1%	$2.2B	N/A
Non-Current Liabilities	$1.1B-5.4%	$1.2B-9.1%	$1.3B-3.9%	$1.3B+16.9%	$1.1B+6.5%	$1.1B+32.0%	$802.0M+404.4%	$159.0M+21.4%	$131.0M+133.9%	$56.0M	N/A
Long-Term Debt	$634.0M-6.1%	$675.0M-12.0%	$767.0M-10.7%	$859.0M+41.5%	$607.0M-3.2%	$627.0M+18.3%	$530.0M+2020.0%	$25.0M+4.2%	$24.0M	N/A	N/A
Total Equity	$9.8B-12.6%	$11.3B+6.1%	$10.6B+15.0%	$9.2B-7.7%	$10.0B-4.8%	$10.5B+20.7%	$8.7B-7.4%	$9.4B-5.6%	$10.0B-6.4%	$10.6B+14.1%	$9.3B
Retained Earnings	$13.5B-2.2%	$13.8B+9.6%	$12.6B+10.1%	$11.4B-2.3%	$11.7B-3.4%	$12.1B+9.7%	$11.0B-2.1%	$11.2B-2.9%	$11.6B-4.9%	$12.2B	N/A

Metric	Q3'2520-F	Q3'2420-F	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-Q	Q3'1810-Q
Total Assets	$17.4B+5.4%	$16.5B+7.9%	$15.3B-1.6%	$15.6B+4.9%	$14.8B+20.9%	$12.3B+0.1%	$12.3B0.0%	$12.3B-4.7%
Current Assets	$11.4B+5.9%	$10.7B+24.3%	$8.6B-2.7%	$8.9B+6.7%	$8.3B+15.2%	$7.2B-5.7%	$7.6B-0.4%	$7.7B-7.4%
Cash & Equivalents	$2.9B+61.4%	$1.8B+19.7%	$1.5B-35.7%	$2.3B-31.8%	$3.4B+37.1%	$2.5B-12.9%	$2.8B-7.2%	$3.0B-12.6%
Goodwill	$1.2B+35.1%	$875.0M-0.8%	$882.0M+8.0%	$817.0M-1.8%	$832.0M+19.0%	$699.0M+36.5%	$512.0M+51.0%	$339.0M-39.8%
Total Liabilities	$6.2B+4.2%	$5.9B-2.8%	$6.1B+9.5%	$5.6B+28.6%	$4.3B+21.5%	$3.6B+24.8%	$2.9B+24.3%	$2.3B+3.5%
Current Liabilities	$5.0B+7.8%	$4.7B-2.5%	$4.8B+7.6%	$4.4B+35.8%	$3.3B+18.4%	$2.8B+2.4%	$2.7B+24.4%	$2.2B+0.1%
Non-Current Liabilities	$1.2B-9.1%	$1.3B-3.9%	$1.3B+16.9%	$1.1B+6.5%	$1.1B+32.0%	$802.0M+404.4%	$159.0M+21.4%	$131.0M+133.9%
Long-Term Debt	$675.0M-12.0%	$767.0M-10.7%	$859.0M+41.5%	$607.0M-3.2%	$627.0M+18.3%	$530.0M+2020.0%	$25.0M+4.2%	$24.0M
Total Equity	$11.3B+6.1%	$10.6B+15.0%	$9.2B-7.7%	$10.0B-4.8%	$10.5B+20.7%	$8.7B-7.4%	$9.4B-5.6%	$10.0B-6.4%
Retained Earnings	$13.8B+9.6%	$12.6B+10.1%	$11.4B-2.3%	$11.7B-3.4%	$12.1B+9.7%	$11.0B-2.1%	$11.2B-2.9%	$11.6B-4.9%

Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments.

INFY Cash Flow Statement

INFY quarterly cash flow statement

Metric	FY2620-F	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$4.0B-7.2%	$4.4B+38.2%	$3.1B+10.3%	$2.9B-14.7%	$3.3B+2.7%	$3.3B+24.8%	$2.6B+15.4%	$2.3B+0.2%	$2.3B+7.5%	$2.1B+12.7%	$1.9B
Depreciation & Amortization	$552.0M-3.0%	$569.0M+0.7%	$565.0M+7.8%	$524.0M+12.4%	$466.0M+5.7%	$441.0M+8.4%	$407.0M+41.8%	$287.0M-0.7%	$289.0M+13.8%	$254.0M+14.4%	$222.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$465.0M+33.2%	$349.0M+12.6%	$310.0M-24.6%	$411.0M-0.5%	$413.0M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$2.1B+12.2%	$1.9B-1.7%	$1.9B+15.3%	$1.7B+16.5%	$1.4B
Investing Cash Flow	$10.0M+102.8%	-$361.0M+49.0%	-$708.0M-224.8%	-$218.0M+78.3%	-$1.0B+11.0%	-$1.1B-366.5%	-$242.0M-7.6%	-$225.0M-146.7%	$482.0M+118.9%	-$2.5B-437.3%	-$474.0M
Financing Cash Flow	-$4.5B-56.0%	-$2.9B-35.9%	-$2.1B+35.6%	-$3.3B+1.1%	-$3.3B-152.5%	-$1.3B+47.6%	-$2.5B-21.2%	-$2.1B+35.2%	-$3.2B-209.8%	-$1.0B+2.5%	-$1.1B
Dividends Paid	$2.1B-11.7%	$2.4B+36.0%	$1.8B+4.7%	$1.7B-0.4%	$1.7B+38.9%	$1.2B-9.8%	$1.4B-30.5%	$2.0B+69.2%	$1.2B+12.0%	$1.0B-2.5%	$1.1B

Metric	Q3'2520-F	Q3'2420-F	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-Q	Q3'1810-Q

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

INFY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INFY quarterly financial ratios

Metric	FY2620-F	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	16.4%+0.1pp	16.4%-0.7pp	17.1%+0.7pp	16.4%-1.8pp	18.2%-1.1pp	19.3%+1.0pp	18.3%-0.4pp	18.6%-4.1pp	22.7%+1.8pp	21.0%-0.6pp	21.6%
Return on Equity	33.7%+5.6pp	28.1%-1.8pp	29.9%-2.5pp	32.3%+2.6pp	29.7%+4.7pp	25.0%-1.9pp	26.9%+3.5pp	23.4%-1.6pp	25.0%+4.8pp	20.1%-1.9pp	22.0%
Return on Assets	20.2%+2.0pp	18.1%-1.0pp	19.2%-0.3pp	19.5%+0.4pp	19.1%+1.4pp	17.7%-1.4pp	19.1%+1.1pp	18.0%-2.3pp	20.3%+3.6pp	16.7%	N/A
Current Ratio	1.98-0.3x	2.270.0x	2.31+0.5x	1.81-0.2x	2.00-0.5x	2.54-0.1x	2.62-0.2x	2.84-0.7x	3.55-0.3x	3.83	N/A
Debt-to-Equity	0.060.0x	0.060.0x	0.070.0x	0.090.0x	0.060.0x	0.060.0x	0.06+0.1x	0.000.0x	0.00-0.2x	0.21	N/A
Asset Turnover	1.23+0.1x	1.110.0x	1.12-0.1x	1.19+0.1x	1.05+0.1x	0.91-0.1x	1.04+0.1x	0.96+0.1x	0.89+0.1x	0.79	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	16.8%+0.6pp	16.2%-1.6pp	17.8%+1.3pp	16.5%+1.3pp	15.3%

Metric	Q3'2520-F	Q3'2420-F	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-Q	Q3'1810-Q
Current Ratio	2.270.0x	2.31+0.5x	1.81-0.2x	2.00-0.5x	2.54-0.1x	2.62-0.2x	2.84-0.7x	3.55-0.3x
Debt-to-Equity	0.060.0x	0.070.0x	0.090.0x	0.060.0x	0.060.0x	0.06+0.1x	0.000.0x	0.00-0.2x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Infosys Limited INFY	FY2026	$20.2B	$3.3B	16.4%	$43.9B	—
Fiserv, Inc. FI	FY2025	$21.2B	$3.5B	16.4%	$34.3B	56/100
Accenture plc ACN	FY2025	$69.7B	$7.7B	11.0%	$127.9B	72/100
Cognizant Technology Solutions CTSH	FY2025	$21.1B	$2.2B	10.6%	$26.7B	74/100
Wipro Limited WIT	FY2026	$9.9B	$1.4B	14.3%	$16.8B	41/100
Fidelity National Information Services, Inc. FIS	FY2025	$10.7B	$382.0M	3.6%	$17.6B	51/100

Where Infosys Limited Ranks

Frequently Asked Questions

What is Infosys Limited's annual revenue?

Infosys Limited (INFY) reported $20.2B in total revenue for fiscal year 2026. This represents a 4.6% 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 Infosys Limited's revenue growing?

Infosys Limited (INFY) revenue grew by 4.6% year-over-year, from $19.3B to $20.2B in fiscal year 2026.

Is Infosys Limited profitable?

Yes, Infosys Limited (INFY) reported a net income of $3.3B in fiscal year 2026, with a net profit margin of 16.4%.

How much debt does Infosys Limited have?

As of fiscal year 2026, Infosys Limited (INFY) had $2.3B in cash and equivalents against $634.0M in long-term debt.

What is Infosys Limited's net profit margin?

Infosys Limited (INFY) had a net profit margin of 16.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Infosys Limited's return on equity (ROE)?

Infosys Limited (INFY) has a return on equity of 33.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Infosys Limited's operating cash flow?

Infosys Limited (INFY) generated $4.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Infosys Limited's total assets?

Infosys Limited (INFY) had $16.4B in total assets as of fiscal year 2026, including both current and long-term assets.

How many shares does Infosys Limited have outstanding?

Infosys Limited (INFY) had 4.06B shares outstanding as of fiscal year 2026.

What is Infosys Limited's current ratio?

Infosys Limited (INFY) had a current ratio of 1.98 as of fiscal year 2026, which is generally considered healthy.

What is Infosys Limited's debt-to-equity ratio?

Infosys Limited (INFY) had a debt-to-equity ratio of 0.06 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Infosys Limited's return on assets (ROA)?

Infosys Limited (INFY) had a return on assets of 20.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Infosys Limited's P/E ratio?

Infosys Limited (INFY) trades at 13.2x earnings, its market capitalization divided by net income of $3.3B net income, FY2026. The market capitalization is $43.9B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Infosys Limited's price-to-sales ratio?

Infosys Limited (INFY) trades at 2.2x sales, its market capitalization divided by revenue of $20.2B revenue, FY2026. The market capitalization is $43.9B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Infosys Limited's Piotroski F-Score?

Infosys Limited (INFY) has a Piotroski F-Score of 7 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 Infosys Limited's earnings high quality?

Infosys Limited (INFY) has an earnings quality ratio of 1.22x, 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.