Infosys (INFY) Deferred Taxes (2009 - 2026)
Infosys (INFY) posted quarterly Deferred Taxes of -$1.0 billion for Q2 2026, up 56.54% year-on-year from -$658.0 million in Q2 2025, and up 72.61% on a QoQ basis from -$3.8 billion in Q1 2026.
Infosys (INFY) Deferred Taxes (2009 - 2026) Analysis & Trends
Infosys (INFY) has reported Deferred Taxes for 18 consecutive years, with -$1.0 billion the latest figure, recorded in Q2 2026.
- Quarterly Deferred Taxes rose 56.54% year-over-year to -$1.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$11.1 billion (up 4.14% YoY) and the FY2026 annual result came in at -$12.5 billion, up 2.04% from the prior year.
- Deferred Taxes improved to -$1.0 billion in Q2 2026 per INFY's latest filing, from -$3.8 billion in the prior quarter.
- Over the last five years, Deferred Taxes for INFY reached as high as $10.9 billion in Q1 2024 and fell as low as -$4.1 billion in Q3 2024.
- A 5-year average of -$750.6 million and a median of -$1.4 billion in 2022 frame the typical range for Deferred Taxes.
- The largest YoY upside for Deferred Taxes was 1416.67% in 2024 against a maximum downside of 1423.62% in 2024.
- Year by year, Deferred Taxes stood at $1.5 billion in 2022, then slumped by 42.0% to $870.0 million in 2023, then sank by 506.9% to -$3.5 billion in 2024, then advanced by 12.99% to -$3.1 billion in 2025, then soared by 66.56% to -$1.0 billion in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$1.0 billion, -$3.8 billion, and -$3.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | - |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 95.74 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | - |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | -1.03 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | -1.17 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | -5.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 111.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 103.32 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | -5.40 Mn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 4.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.03 Bn |
| Mar 31, 2026 | -3.76 Bn |
| Dec 31, 2025 | -3.08 Bn |
| Sep 30, 2025 | -3.24 Bn |
| Jun 30, 2025 | -2.37 Bn |
| Mar 31, 2025 | -1.59 Bn |
| Dec 31, 2024 | -3.54 Bn |
| Sep 30, 2024 | -4.09 Bn |
| Jun 30, 2024 | -3.51 Bn |
| Mar 31, 2024 | 10.92 Bn |
| Dec 31, 2023 | 870.00 Mn |
| Sep 30, 2023 | 309.00 Mn |
| Jun 30, 2023 | 1.10 Bn |
| Mar 31, 2023 | 720.00 Mn |
| Dec 31, 2022 | 1.50 Bn |
| Sep 30, 2022 | -1.17 Bn |
| Jun 30, 2022 | -1.78 Bn |
| Mar 31, 2022 | 230.00 Mn |
| Dec 31, 2021 | 580.00 Mn |
| Sep 30, 2021 | 330.00 Mn |