Infosys (INFY) Operating Margin (2009 - 2026)

Infosys' Operating Margin history runs 18 years deep, the most recent figure standing at 20.26% for FY2026.

• 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 20.26% for FY2026 at Infosys, down from 21.12% in the prior year.
• In the past five years, Operating Margin ranged from a high of 23.02% in FY2022 to a low of 20.26% in FY2026.
• Historically, Operating Margin has averaged 21.21% across 5 years, with a median of 21.0% in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 202 bps in 2023, then jumped 46 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 23.02% in 2022, then retreated by 9 bps to 21.0% in 2023, then fell by 2 bps to 20.66% in 2024, then advanced by 2 bps to 21.12% in 2025, then declined by 4 bps to 20.26% in 2026.
• The last three Operating Margin figures came in at 20.26% (FY2026), 21.12% (FY2025), and 20.66% (FY2024), per Business Quant data.