Infosys (INFY) Gross Margin (2009 - 2026)

Infosys (INFY) posted quarterly Gross Margin of 31.48% for Q2 2026, up 62.0% year-on-year from 19.43% in Q2 2025, and up 9294.89% on a QoQ basis from 0.34% in Q1 2026.

Infosys (INFY) Gross Margin (2009 - 2026) Analysis & Trends

Infosys (INFY) has reported Gross Margin for 18 consecutive years, with 31.48% the latest figure, recorded in Q2 2026.

  • Quarterly Gross Margin rose 62.0% year-over-year to 31.48% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.45% (down 3002.0% YoY) and the FY2026 annual result came in at 340274.28%, up 34024382.0% from the prior year.
  • Gross Margin grew to 31.48% in Q2 2026 per INFY's latest filing, from 0.34% in the prior quarter.
  • Over the last five years, Gross Margin for INFY reached as high as 31.48% in Q2 2026 and fell as low as 0.32% in Q4 2025.
  • A 5-year average of 25.41% and a median of 30.43% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 120 bps — and 2025, when it slumped 3018 bps.
  • Year by year, Gross Margin stood at 30.67% in 2022, then dropped by 3 bps to 29.79% in 2023, then grew by 2 bps to 30.27% in 2024, then slumped by 99 bps to 0.32% in 2025, then surged by 9850 bps to 31.48% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 31.48%, 0.34%, and 0.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 57.73%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 32.77%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 33.61%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 31.48%
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 33.63%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 32.79%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 28.54%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 32.09%
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 20.95%

Historic Data

Download Data
DateValue
Jun 30, 2026 31.48%
Mar 31, 2026 0.34%
Dec 31, 2025 0.32%
Sep 30, 2025 0.35%
Jun 30, 2025 30.86%
Mar 31, 2025 30.19%
Dec 31, 2024 30.27%
Sep 30, 2024 30.53%
Jun 30, 2024 30.87%
Mar 31, 2024 29.47%
Dec 31, 2023 29.79%
Sep 30, 2023 30.67%
Jun 30, 2023 30.45%
Mar 31, 2023 30.52%
Dec 31, 2022 30.67%
Sep 30, 2022 30.41%
Jun 30, 2022 29.25%
Mar 31, 2022 30.96%
Dec 31, 2021 32.80%
Sep 30, 2021 33.09%