Infosys (INFY) Cost of Revenue (2009 - 2026)
Infosys' Cost of Revenue came in at $3.55 billion for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 0.9% from $3.52 billion a year earlier and up 1.9% from the prior quarter.
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Analysis
Infosys (INFY) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Infosys reported Cost of Revenue of $337.03 billion; for FY2026 (ended Mar 31, 2026), it came in at $14.08 billion, up 5.0% from FY2025.
- Cost of Revenue has increased in each of the last ten fiscal years, with a five-year compound annual growth rate of 9.8% (FY2021 to FY2026).
- Going back by fiscal year, Cost of Revenue was $13.41 billion in FY2025 (+3.3%), $12.98 billion in FY2024 (+2.1%), $12.71 billion in FY2023 (+15.6%) and $11 billion in FY2022 (+24.6%).
- The five-year range for quarterly Cost of Revenue is $2.86 billion (fiscal Q3 2022) to $326.52 billion (fiscal Q3 2026).
- Year-over-year, Cost of Revenue has increased for three consecutive quarters, with growth averaging 3.5% over the last seven quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q4 2022 (growth of 25.4%), and the weakest in fiscal Q3 2022 (a decline of 98.3%).
- Business Quant data shows INFY's Cost of Revenue at $3.48 billion (Q1 2027), $3.49 billion (Q4 2026) and $326.52 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.14 Bn | -78.12 Bn | 1.60 Bn | 3.55 Bn |
| 2 | Cognizant Technology Solutions | 29.95 Bn | 23.91 Bn | 1.91 Bn | 3.75 Bn |
| 3 | Wipro | 22.52 Bn | 17.67 Bn | 745.00 Mn | 1.84 Bn |
| 4 | Cdw | 20.58 Bn | 17.49 Bn | 1.39 Bn | 5.37 Bn |
| 5 | Cgi | 18.50 Bn | 16.29 Bn | - | - |
| 6 | Td Synnex | 18.23 Bn | 12.39 Bn | 1.43 Bn | 20.13 Bn |
| 7 | Arrow Electronics | 9.84 Bn | 8.78 Bn | 1.13 Bn | 8.87 Bn |
| 8 | EPAM Systems | 8.15 Bn | 4.06 Bn | 445.94 Mn | 980.49 Mn |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | 7.43 Bn |
| 10 | ExlService Holdings | 6.63 Bn | 5.43 Bn | 241.14 Mn | 392.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.55 Bn |
| Jun 30, 2026 | 3.48 Bn |
| Mar 31, 2026 | 3.49 Bn |
| Dec 31, 2025 | 3.66 Bn |
| Sep 30, 2025 | 3.52 Bn |
| Jun 30, 2025 | 3.42 Bn |
| Mar 31, 2025 | 3.30 Bn |
| Dec 31, 2024 | 3.44 Bn |
| Sep 30, 2024 | 3.40 Bn |
| Jun 30, 2024 | 3.26 Bn |
| Mar 31, 2024 | 3.22 Bn |
| Dec 31, 2023 | 3.27 Bn |
| Sep 30, 2023 | 3.27 Bn |
| Jun 30, 2023 | 3.21 Bn |
| Mar 31, 2023 | 3.16 Bn |
| Dec 31, 2022 | 3.23 Bn |
| Sep 30, 2022 | 3.17 Bn |
| Jun 30, 2022 | 3.14 Bn |
| Mar 31, 2022 | 2.96 Bn |
| Dec 31, 2021 | 2.86 Bn |
API Access
Infosys Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "INFY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();