NYSE · Financial Statements

Infosys Limited (INFY) Financial Statements

$10.78 NYSE: INFY Market Cap $43.74B

Infosys Limited most recently reported annual revenue of $20.2B, net profit of $3.3B. Revenue grew at an average annual rate of 8.3% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Infosys Limited: Revenue rose from $10.2B in 2017 to $20.2B in 2026, a change of +97.5% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 24.7% to 20.3%, a shift of -4.4 percentage points; the most recent year shows net profit of $3.3B.

Income Statement — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Revenue$10.2B$10.9B$11.8B$12.8B$13.6B$16.3B$18.2B$18.6B$19.3B$20.2B
Operating Expenses$7.7B$8.3B$9.1B$10.1B$10.2B$12.6B$14.4B$14.7B$15.2B$16.1B
Operating Profit$2.5B$2.7B$2.7B$2.7B$3.3B$3.8B$3.8B$3.8B$4.1B$4.1B
Operating Margin24.7%24.3%22.9%21.3%24.5%23.0%21.0%20.7%21.1%20.3%
Other Income$454.0M$484.0M$307.0M$371.0M$271.0M$281.0M$300.0M$512.0M$376.0M$421.0M
Interest$0$0$0$24.0M$26.0M$27.0M$35.0M$56.0M$49.0M$47.0M
Depreciation$254.0M$289.0M$288.0M$408.0M$440.0M$467.0M$526.0M$565.0M$569.0M$552.0M
Profit Before Tax$3.0B$3.1B$3.0B$3.1B$3.6B$4.0B$4.1B$4.3B$4.4B$4.5B
Tax$28.0M$20.9M$26.7M$24.5M$27.1M$26.5M$27.7M$27.1M$28.9M$26.4M
Net Profit$2.1B$2.5B$2.2B$2.3B$2.6B$3.0B$3.0B$3.2B$3.2B$3.3B
EPS$0.47$0.55$0.51$0.55$0.61$0.70$0.71$0.76$0.76$0.83
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricJun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue$4.6B$4.7B$4.7B$4.6B$4.7B$4.9B$4.9B$4.7B$4.9B$5.1B$5.1B$5.0B
Operating Expenses$3.7B$3.7B$3.7B$3.6B$3.7B$3.9B$3.9B$3.7B$3.9B$4.0B$4.2B$4.0B
Operating Profit$961.0M$1.0B$956.0M$917.0M$994.0M$1.0B$1.1B$991.0M$1.0B$1.1B$937.0M$1.1B
Operating Margin20.8%21.2%20.5%20.1%21.1%21.1%21.3%20.9%20.8%21.0%18.4%20.9%
Interest$11.0M$13.0M$16.0M$13.0M$13.0M$13.0M$12.0M$12.0M$12.0M$12.0M$11.0M$12.0M
Profit Before Tax$1.0B$1.1B$1.0B$1.2B$1.1B$1.1B$1.1B$1.1B$1.1B$1.2B$1.0B$1.2B
Tax$28.9M$29.1M$29.1M$22.1M$29.4M$29.6M$29.5M$27.2M$28.9M$27.9M$27.8M$21.2M
Net Profit$724.0M$751.0M$733.0M$959.0M$763.0M$777.0M$804.0M$812.0M$809.0M$839.0M$747.0M$919.0M
EPS$0.17$0.18$0.18$0.23$0.18$0.19$0.19$0.20$0.19$0.20$0.18$0.23

Over the 10 years reported for Infosys Limited, cash stood at $2.3B in the latest year, shareholders' equity was $319.0M, current assets covered current liabilities 1.98 times.

Balance Sheet — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Total Assets$12.9B$12.3B$12.3B$12.3B$14.8B$15.6B$15.3B$16.5B$17.4B$16.4B
Current Assets$8.3B$7.7B$7.6B$7.2B$8.3B$8.9B$8.6B$10.7B$11.4B$10.9B
Cash$3.5B$3.0B$2.8B$2.5B$3.4B$2.3B$1.5B$1.8B$2.9B$2.3B
Inventory$0$0$0$0$0$0$0$0$0$0
Receivables$2.5B$2.7B$2.9B$3.4B$4.1B$4.9B$5.4B$6.5B$6.0B$6.2B
Fixed Assets$1.8B$1.9B$1.9B$2.4B$2.5B$2.4B$2.5B$2.3B$2.2B$2.1B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$2.5B$1.9B$1.6B$1.2B$2.1B$2.8B$2.6B$3.1B$3.1B$2.5B
Other Assets$563.0M$339.0M$512.0M$699.0M$832.0M$817.0M$882.0M$875.0M$1.2B$1.3B
Total Liabilities$2.2B$2.3B$2.9B$3.6B$4.3B$5.6B$6.1B$5.9B$6.2B$6.6B
Current Liabilities$2.2B$2.2B$2.7B$2.8B$3.3B$4.4B$4.8B$4.7B$5.0B$5.5B
Borrowings$0$0$0$612.0M$728.0M$722.0M$1.0B$1.0B$962.0M$967.0M
Other Liabilities$2.2B$2.3B$2.9B$2.9B$3.6B$4.8B$5.1B$4.9B$5.2B$5.6B
Equity$199.0M$190.0M$339.0M$332.0M$332.0M$328.0M$325.0M$325.0M$325.0M$319.0M
Reserves$10.6B$10.0B$9.4B$8.6B$10.4B$9.9B$9.2B$10.6B$11.2B$9.8B

For Infosys Limited, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $3.7B; free cash flow was positive in 10 of 10 years; financing activities used $2.0B in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Operating Cash Flow$2.1B$2.3B$2.3B$2.6B$3.3B$3.3B$2.9B$3.1B$4.4B$4.0B
Investing Cash Flow$-3.0B$172.0M$-574.0M$-707.0M$-1.4B$-1.3B$-537.0M$-974.0M$-624.0M$-296.0M
Financing Cash Flow$0$-2.0B$-117.0M$-1.1B$1.0M$-1.5B$-1.4B$-95.0M$-64.0M$-2.0B
Net Cash Flow$-1.4B$-440.0M$-220.0M$-364.0M$915.0M$-1.1B$-824.0M$292.0M$1.1B$-520.0M
Free Cash Flow$1.7B$1.9B$1.9B$2.1B$3.0B$3.1B$2.5B$2.9B$4.1B$3.7B

Valuation & Return Ratios

MetricValue
PEG Ratio1.93
EV / EBITDA19.10
FCF Yield8.34%
Quick Ratio1.98
Interest Coverage86.91
Return 1Y-25.55%
Return 3Y-18.61%
Return 5Y-41.91%

Infosys Limited (INFY) financials — frequently asked questions

What is Infosys Limited's annual revenue?

Infosys Limited (INFY) reported annual revenue of $20.2B in its most recent fiscal year.

What is Infosys Limited's net profit?

Infosys Limited (INFY) reported net profit of $3.3B in its most recent fiscal year.

What is INFY EV/EBITDA?

Infosys Limited's enterprise value to EBITDA (EV/EBITDA) ratio is 19.10.

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