Infosys (INFY) Change in Working Capital (2014 - 2026)

Infosys (INFY) recorded quarterly Change in Working Capital of -$23.0 million in Q1 2026, down 148.94% quarter-over-quarter from $47.0 million in Q4 2025, and down 171.88% on a YoY basis from $32.0 million in Q1 2025.

Infosys (INFY) Change in Working Capital (2014 - 2026) Analysis & Trends

Infosys' Change in Working Capital history runs 13 years deep, the most recent figure standing at -$23.0 million for Q1 2026.

  • In Q1 2026, Change in Working Capital fell 171.88% year-over-year to -$23.0 million; the TTM figure through Mar 2026 stood at $101.0 million (up 2.02% YoY), while the FY2026 annual figure was $101.0 million, up 2.02% from the prior year.
  • Change in Working Capital was -$23.0 million for Q1 2026 at Infosys, down from $47.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $100.0 million in Q3 2024 to a low of -$38.0 million in Q4 2024.
  • Historically, Change in Working Capital has averaged $25.3 million across 5 years, with a median of $24.0 million in 2022.
  • Biggest YoY gain for Change in Working Capital was 780.0% in 2024; the steepest drop was 192.68% in 2024.
  • A 5-year view of Change in Working Capital shows it stood at $24.0 million in 2022, then surged by 70.83% to $41.0 million in 2023, then slumped by 192.68% to -$38.0 million in 2024, then jumped by 223.68% to $47.0 million in 2025, then plunged by 148.94% to -$23.0 million in 2026.
  • The last three Change in Working Capital figures came in at -$23.0 million (Q1 2026), $47.0 million (Q4 2025), and $36.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Working Cap. (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -23.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn -
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn -
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn -
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn -
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn -
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.00 Mn
Mar 31, 2026 -23.00 Mn
Dec 31, 2025 47.00 Mn
Dec 31, 2025 47.00 Mn
Sep 30, 2025 36.00 Mn
Sep 30, 2025 36.00 Mn
Jun 30, 2025 41.00 Mn
Jun 30, 2025 41.00 Mn
Mar 31, 2025 32.00 Mn
Mar 31, 2025 32.00 Mn
Dec 31, 2024 -38.00 Mn
Dec 31, 2024 -38.00 Mn
Sep 30, 2024 100.00 Mn
Sep 30, 2024 100.00 Mn
Jun 30, 2024 5.00 Mn
Jun 30, 2024 5.00 Mn
Mar 31, 2024 44.00 Mn
Mar 31, 2024 44.00 Mn
Dec 31, 2023 41.00 Mn
Dec 31, 2023 41.00 Mn