Infosys (INFY) Gross Margin (2009 - 2026)
Infosys (INFY) reported Gross Margin of 31.06% for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 0.33 percentage points from 30.73% a year earlier but down 0.42 percentage points from the prior quarter.
Infosys (INFY) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Infosys' Gross Margin came in at 13.97%, down 16.55 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 30.16%, down 0.30 percentage points from FY2025.
- Gross Margin has a five-year change of -4.74 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 30.46% in FY2025 (+0.36 pp), 30.10% in FY2024 (-0.12 pp), 30.22% in FY2023 (-2.37 pp) and 32.59% in FY2022 (-2.32 pp).
- Five-year quarterly Gross Margin spans a low of 0.33% in fiscal Q4 2026 and a high of 32.80% in fiscal Q3 2022.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of -3.78 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q4 2022 (a gain of 30.48 percentage points); the low point was fiscal Q4 2023 (a drop of 30.59 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 31.48% (Q1 2027), 0.33% (Q4 2026) and 27.52% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | -78.45 Bn | 1.60 Bn | 31.06% |
| 2 | Cognizant Technology Solutions | 29.66 Bn | 23.62 Bn | 1.91 Bn | 33.77% |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 28.84% |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn | 20.51% |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - | - |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn | 6.61% |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn | 11.26% |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn | 31.26% |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | 10.43% |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn | 38.04% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.06% |
| Jun 30, 2026 | 31.48% |
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 28.22% |
| Sep 30, 2025 | 30.73% |
| 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 | 0.37% |
| 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% |
Infosys Gross Margin 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=gross-margin&ticker=INFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();