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| Date | Value |
|---|---|
| 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 |