Infosys INFY
NYSE INFY
$10.93 +0.00 (+0.00%)
As of: Sep 10, 2026 · 3:59 PM EDT

Infosys (INFY) Operating Margin (2009 - 2026)

Infosys (INFY) posted Operating Margin of 21.09% for Q2 2026, up 0.77% on a QoQ basis from 20.93% in Q1 2026, and up 29.0% year-over-year from 16.35% in Q2 2025.

Analysis

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

Infosys has reported Operating Margin for 18 years, with the latest figure at 21.09% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 29.0% year-over-year to 21.09% in Q2 2026; TTM through Jun 2026 was 20.34%, a 71.0% decrease from a year earlier, with the FY2026 full-year figure at 20.26%, down 85.0% from the prior year.
  • Operating Margin was 21.09% for Q2 2026 at Infosys, up from 20.93% in the prior quarter.
  • The five-year high for Operating Margin was 21.5% in Q1 2022, with the low at 18.38% in Q4 2025.
  • Average Operating Margin over 5 years is 20.82%, with a median of 21.0% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin slumped 371 bps in 2022, then jumped 88 bps in 2025.
  • Over 5 years, Operating Margin stood at 21.49% in 2022, then decreased by 5 bps to 20.5% in 2023, then climbed by 4 bps to 21.32% in 2024, then decreased by 14 bps to 18.38% in 2025, then advanced by 15 bps to 21.09% in 2026.
  • The last three Operating Margin figures came in at 21.09% (Q2 2026), 20.93% (Q1 2026), and 18.38% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Infosys 44.97 Bn 44.97 Bn 1.60 Bn 21.09%
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn 15.95%
3 Cgi 15.39 Bn 14.81 Bn - -
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn 10.76%
5 Science Applications International 5.46 Bn 5.34 Bn 239.00 Mn 8.09%
6 ExlService Holdings 5.28 Bn 5.00 Bn 225.96 Mn 14.68%
7 Kyndryl Holdings 2.79 Bn 680.69 Mn 776.00 Mn 4.04%
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 0.00%
9 DXC Technology 1.80 Bn -204.47 Mn 611.00 Mn -71.59%
10 Innodata 1.78 Bn 1.53 Bn 42.46 Mn 17.21%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.09%
Mar 31, 2026 20.93%
Dec 31, 2025 18.38%
Sep 30, 2025 20.98%
Jun 30, 2025 20.81%
Mar 31, 2025 20.97%
Dec 31, 2024 21.32%
Sep 30, 2024 21.11%
Jun 30, 2024 21.09%
Mar 31, 2024 20.09%
Dec 31, 2023 20.50%
Sep 30, 2023 21.20%
Jun 30, 2023 20.81%
Mar 31, 2023 21.01%
Dec 31, 2022 21.49%
Sep 30, 2022 21.49%
Jun 30, 2022 19.98%
Mar 31, 2022 21.50%
Dec 31, 2021 23.48%
Sep 30, 2021 23.54%