INFY (Infosys Limited) Stock Financials & Earnings | Market Cap Arena

INFY (Infosys Limited) Stock Financials & Earnings | Market Cap Arena

INFYInfosys Limited

Mkt Cap$58B

Technology·Information Technology Services·🇮🇳 India·NYSE

Revenue (TTM)$19.8B

Net Income (TTM)$3.2B

EPS (TTM)$0.77

Free Cash Flow (TTM)$3.8B

Gross Margin30.0%

Op. Margin20.3%

Net Margin16.2%

FCF Margin19.2%

P/S Ratio (TTM)2.9x

P/E Ratio (TTM)17.9x

YoY Rev Growth+3.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 23	$4.6B	$1.4B	$957M
Q1 24	$4.6B	$1.4B	$961M
Q2 24	$4.7B	$1.4B	$1.0B
Q3 24	$4.7B	$1.4B	$956M
Q4 24	$4.6B	$1.3B	$917M
Q1 25	$4.7B	$1.5B	$994M
Q2 25	$4.9B	$1.5B	$1.0B
Q3 25	$4.9B	$1.5B	$1.1B
Q4 25	$4.7B	$1.4B	$991M
Q1 26	$4.9B	$1.5B	$1.0B
Q2 26	$5.1B	$1.6B	$1.1B
Q3 26	$5.1B	$1.4B	$937M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 23	3.2x	19.3x
Q1 24	3.1x	19.1x
Q2 24	3.1x	19.1x
Q3 24	3.1x	19.5x
Q4 24	3.1x	18.2x
Q1 25	3.1x	17.9x
Q2 25	3.1x	17.8x
Q3 25	3.0x	17.4x
Q4 25	3.0x	18.2x
Q1 26	2.9x	18.0x
Q2 26	2.9x	17.6x
Q3 26	2.9x	17.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	$808M	$713M
Q1 24	$831M	$733M
Q2 24	$756M	$697M
Q3 24	$707M	$665M
Q4 24	$914M	$848M
Q1 25	$1.1B	$1.1B
Q2 25	$927M	$866M
Q3 25	$1.4B	$1.3B
Q4 25	$976M	$892M
Q1 26	$983M	$884M
Q2 26	$1.2B	$1.1B
Q3 26	$970M	$924M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 23	$95M
Q1 24	$98M
Q2 24	$59M
Q3 24	$42M
Q4 24	$66M
Q1 25	$56M
Q2 25	$61M
Q3 25	$65M
Q4 25	$84M
Q1 26	$99M
Q2 26	$56M
Q3 26	$45M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 23	+6.4%	+7.1%
Q1 24	+3.9%	+2.8%
Q2 24	+3.6%	+4.0%
Q3 24	+0.1%	+1.3%
Q4 24	+0.2%	+1.4%
Q1 25	+2.1%	+1.8%
Q2 25	+3.7%	+3.8%
Q3 25	+5.9%	+4.8%
Q4 25	+3.6%	+2.5%
Q1 26	+4.8%	+5.2%
Q2 26	+3.7%	+3.9%
Q3 26	+3.2%	+7.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$16M	0.4%
Q1 24	$18M	0.4%
Q2 24	$16M	0.3%
Q3 24	$18M	0.4%
Q4 24	$27M	0.6%
Q1 25	$25M	0.5%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$23M	0.5%
Q1 26	$28M	0.6%
Q2 26	$26M	0.5%
Q3 26	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q4 23	$338M	$44M
Q1 24	$228M	$217M
Q2 24	$234M	$213M
Q3 24	$229M	$204M
Q4 24	$718M	—
Q1 25	$229M	$232M
Q2 25	$209M	$221M
Q3 25	$358M	$45M
Q4 25	$349M	$55M
Q1 26	$239M	$258M
Q2 26	$200M	$254M
Q3 26	$245M	$257M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$1.5B	$878M	$2.4B
Q1 24	$1.5B	$772M	$2.3B
Q2 24	$1.9B	$1.0B	$2.9B
Q3 24	$1.6B	$958M	$2.6B
Q4 24	$1.8B	$1.7B	$3.4B
Q1 25	$2.0B	$1.1B	$3.0B
Q2 25	$2.6B	$887M	$3.5B
Q3 25	$2.6B	$1.1B	$3.7B
Q4 25	$2.9B	$1.6B	$4.5B
Q1 26	$3.2B	$887M	$4.1B
Q2 26	$3.5B	$1.5B	$5.0B
Q3 26	$2.2B	$769M	$3.0B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 23	4.15B	-1.1%
Q1 24	4.14B	-0.2%
Q2 24	4.14B	+0.0%
Q3 24	4.14B	+0.0%
Q4 24	4.15B	+0.0%
Q1 25	4.15B	+0.1%
Q2 25	4.09B	-1.4%
Q3 25	4.23B	+3.5%
Q4 25	4.07B	-3.9%
Q1 26	4.15B	+2.1%
Q2 26	4.26B	+2.6%
Q3 26	4.12B	-3.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$51K	160K
FY 15	$49K	176K
FY 16	$49K	194K
FY 17	$51K	200K
FY 18	$54K	204K
FY 19	$52K	228K
FY 20	$53K	242K
FY 21	$52K	260K
FY 22	$52K	314K
FY 23	$53K	343K
FY 24	$59K	317K
FY 25	$60K	324K