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| Date | Value |
|---|---|
| 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% |