Infosys (INFY) Cost of Revenue (2009 - 2026)
Infosys' Cost of Revenue came in at $3.48 billion for the quarter ended Jun 30, 2026, up 1.9% from $3.42 billion a year earlier but down 0.1% from the prior quarter.
Infosys (INFY) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Infosys reported Cost of Revenue of $14.14 billion, up 4.3% year-over-year; for the year ended Mar 31, 2026, it came in at $14.08 billion, up 5.0% from the prior year.
- Cost of Revenue has increased in each of the last ten years, with a five-year compound annual growth rate of 9.8% (years ended Mar 2021 to Mar 2026).
- Going back by year, Cost of Revenue was $13.41 billion in the year ended Mar 31, 2025 (+3.3%), $12.98 billion in the year ended Mar 31, 2024 (+2.1%), $12.71 billion in the year ended Mar 31, 2023 (+15.6%) and $11 billion in the year ended Mar 31, 2022 (+24.6%).
- The five-year range for quarterly Cost of Revenue is $2.68 billion (the quarter ended Sep 30, 2021) to $3.66 billion (the quarter ended Dec 31, 2025).
- Year-over-year, Cost of Revenue has increased for 18 consecutive quarters, with growth averaging 4.2% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Sep 30, 2021 (growth of 25.9%), and the weakest in the quarter ended Dec 31, 2021 (a decline of 98.3%).
- Business Quant data shows INFY's Cost of Revenue at $3.49 billion (quarter ended Mar 31, 2026), $3.66 billion (quarter ended Dec 31, 2025) and $3.52 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | 3.48 Bn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 3.65 Bn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 1.85 Bn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 20.13 Bn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 5.25 Bn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | - |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 8.87 Bn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 7.43 Bn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 985.20 Mn |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | 13.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48 Bn |
| Mar 31, 2026 | 3.49 Bn |
| Dec 31, 2025 | 326.52 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 |
| Sep 30, 2021 | 2.68 Bn |
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_KEY
import 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();