Infosys (INFY) Operating Margin (2009 - 2026)
Infosys (INFY) recorded quarterly Operating Margin of 20.93% in Q1 2026, up 10059.99% quarter-over-quarter from 0.21% in Q4 2025, and down 4.0% on a YoY basis from 21.8% in Q1 2025.
Infosys (INFY) Operating Margin (2009 - 2026) Analysis & Trends
Infosys' Operating Margin history runs 18 years deep, the most recent figure standing at 20.93% for Q1 2026.
- In Q1 2026, Operating Margin fell 4.0% year-over-year to 20.93%; the TTM figure through Mar 2026 stood at 0.45% (down 2067.0% YoY), while the FY2026 annual figure was 20.26%, down 85.0% from the prior year.
- Operating Margin was 20.93% for Q1 2026 at Infosys, up from 0.21% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.5% in Q1 2022 to a low of 0.0% in Q1 2024.
- Historically, Operating Margin has averaged 17.12% across 5 years, with a median of 20.99% in 2025.
- Biggest YoY gain for Operating Margin was 2097 bps in 2025; the steepest drop was 2111 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 21.49% in 2022, then retreated by 5 bps to 20.5% in 2023, then advanced by 4 bps to 21.32% in 2024, then tumbled by 99 bps to 0.21% in 2025, then jumped by 10060 bps to 20.93% in 2026.
- The last three Operating Margin figures came in at 20.93% (Q1 2026), 0.21% (Q4 2025), and 0.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 20.93% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 10.61% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 17.31% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 13.82% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 15.57% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 12.84% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.40% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 6.62% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 11.55% |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 9.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.93% |
| Dec 31, 2025 | 0.21% |
| Sep 30, 2025 | 0.24% |
| Mar 31, 2025 | 20.97% |
| Dec 31, 2024 | 21.32% |
| Sep 30, 2024 | 21.11% |
| Jun 30, 2024 | 21.09% |
| Mar 31, 2024 | 0.00% |
| 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% |
| Jun 30, 2021 | 23.69% |
| Mar 31, 2021 | 24.47% |