INFY FY 2022 Earnings Report — Infosys Limited Revenue & Financial Results | Market Cap Arena

Infosys LimitedINFY

FY 2022 Earnings

Reported June 17, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$16.3B	—	$13.6B	—	20.3%
Op. Income	$3.8B	—	$3.3B	—	12.9%
Gross Margin	32.6%	—	34.9%	—	-2.3pp
Net Margin	18.2%	—	19.3%	—	-1.1pp
EPS (Diluted)	$0.70	—	$0.61	—	14.8%
Free Cash Flow	$3.1B	—	$3.0B	—	2.8%

Revenue Flow

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$11.0B
GROSS PROFIT	$5.3B
R&D Expenses	$0
Selling & Marketing	$692M
General & Administrative	$868M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$1.6B
Cost & Expenses	$12.6B
OPERATING INCOME	$3.8B
Interest Income	$221M
Interest Expense	$27M
Other Income/Expenses	$281M
INCOME BEFORE TAX	$4.0B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.0B
D&A	$467M
EBIT	$4.1B
EBITDA	$4.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$11.0B
GROSS PROFIT	$5.3B
R&D Expenses	$0
Selling & Marketing	$692M
General & Administrative	$868M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$1.6B
Cost & Expenses	$12.6B
OPERATING INCOME	$3.8B
Interest Income	$221M
Interest Expense	$27M
Other Income/Expenses	$281M
INCOME BEFORE TAX	$4.0B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.0B
D&A	$467M
EBIT	$4.1B
EBITDA	$4.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.0B
Depreciation & Amortization	$466M
Stock-Based Compensation	$56M
Deferred Income Tax	$1.1B
Other Non-Cash Items	-$1.1B
Change in Working Capital	-$158M
OPERATING CASH FLOW	$3.3B
Capital Expenditure	-$290M
Acquisitions (Net)	$0
Purchases of Investments	-$8.6B
Sales/Maturities of Investments	$7.8B
Other Investing Activities	$88M
NET CASH FROM INVESTING	-$1.0B
Net Debt Issuance	-$125M
Common Stock Repurchased	-$1.5B
Common Dividends Paid	-$1.7B
Other Financing Activities	$6M
NET CASH FROM FINANCING	-$3.3B
FREE CASH FLOW	$3.1B
Net Change in Cash	-$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$924M
Net Receivables	$4.9B
Inventory	$0
Other Current Assets	$187M
TOTAL CURRENT ASSETS	$8.9B
PP&E (Net)	$2.4B
Goodwill	$817M
Intangible Assets	$225M
Long-Term Investments	$1.9B
Tax Assets	$160M
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$6.7B
TOTAL ASSETS	$15.6B
Account Payables	$547M
Short-Term Debt	$0
Deferred Revenue	$835M
Other Current Liabilities	$1.2B
TOTAL CURRENT LIABILITIES	$4.4B
Long-Term Debt	$0
Deferred Revenue NC	$9M
Deferred Tax Liabilities	$153M
Other Non-Current Liabilities	$359M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$5.6B
Common Stock	$328M
Additional Paid-In Capital	$358M
Retained Earnings	$11.7B
Treasury Stock	$0
Accum. Other Comp. Income	$1.2B
Other Equity	-$3.6B
TOTAL STOCKHOLDERS' EQUITY	$9.9B
Minority Interest	$53M
TOTAL EQUITY	$10.0B
TOTAL LIABILITIES & EQUITY	$15.6B
Total Debt	$722M
Net Debt	-$1.6B