Infosys (INFY) Free Cash Flow (2009 - 2026)
Infosys' Free Cash Flow was $204.31 billion in fiscal Q2 2027 (quarter ended Sep 30, 2026), up 8.9% from $187.55 billion a year earlier.
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Analysis
Infosys (INFY) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Infosys' Free Cash Flow was $21.15 billion through Sep 30, 2026, down 3.0% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $4.35 billion, down 5.8% from FY2025.
- Free Cash Flow shows a five-year compound annual growth rate of 4.2% (FY2021 to FY2026).
- In earlier fiscal years, Free Cash Flow was $4.61 billion in FY2025 (+35.1%), $3.41 billion in FY2024 (+7.6%), $3.17 billion in FY2023 (-12.7%) and $3.64 billion in FY2022 (+2.6%).
- The fiscal Q2 2027 figure marks the highest quarterly Free Cash Flow in data going back to fiscal Q4 2009.
- Compared with a year earlier, Free Cash Flow was higher in four of the last six quarters, with growth averaging 12.7%.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q3 2025 (growth of 89.8%); the worst was fiscal Q3 2026 (a decline of 25.8%).
- Per Business Quant data, INFY's Free Cash Flow in the three fiscal quarters before Q2 2027 was $1.12 billion (Q1 2027), -$267.43 billion (Q4 2026) and $83.14 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | -78.45 Bn | 1.60 Bn | 194.39 Bn |
| 2 | Cognizant Technology Solutions | 29.66 Bn | 23.62 Bn | 1.91 Bn | 925.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 599.57 Mn |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn | 372.00 Mn |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - | 457.05 Mn |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn | -975.60 Mn |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn | 297.21 Mn |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn | 274.16 Mn |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | -307.50 Mn |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn | 102.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 194.39 Bn |
| Jun 30, 2026 | 1.12 Bn |
| Mar 31, 2026 | -267.43 Bn |
| Dec 31, 2025 | 86.00 Bn |
| Sep 30, 2025 | 184.69 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | -278.83 Bn |
| Dec 31, 2024 | 111.99 Bn |
| Sep 30, 2024 | 170.24 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | -181.59 Bn |
| Dec 31, 2023 | 59.00 Bn |
| Sep 30, 2023 | 125.10 Bn |
| Jun 30, 2023 | 897.00 Mn |
| Mar 31, 2023 | -161.09 Bn |
| Dec 31, 2022 | 53.19 Bn |
| Sep 30, 2022 | 110.24 Bn |
| Jun 30, 2022 | 834.00 Mn |
| Mar 31, 2022 | -182.24 Bn |
| Dec 31, 2021 | 59.09 Bn |
API Access
Infosys Free Cash Flow 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=free-cash-flow&ticker=INFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();