Infosys (INFY) Other Working Capital Changes (2009 - 2026)
Infosys (INFY) recorded Other Working Capital Changes of -$3.39 billion in fiscal Q2 2027 (quarter ended Sep 30, 2026), compared with $25.98 billion a year earlier.
Infosys (INFY) Other Working Capital Changes (2009 - 2026) Analysis & Trends
On a TTM basis, Infosys' Other Working Capital Changes came in at -$29.17 billion as of Sep 30, 2026; for FY2026 (ended Mar 31, 2026), it came in at $327 million, up 177.1% from FY2025.
- Annual Other Working Capital Changes has a five-year compound annual growth rate of -2.3% (FY2021 to FY2026).
- Across earlier fiscal years, Other Working Capital Changes came in at $118 million in FY2025, -$312 million in FY2024, $106 million in FY2023 (-85.0%) and $706 million in FY2022 (+92.4%).
- Quarterly Other Working Capital Changes has ranged from -$29.76 billion in fiscal Q4 2022 to $25.98 billion in fiscal Q2 2026 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at -$116 million (Q1 2027), -$26 billion (Q4 2026) and $337 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.00 Bn |
| Jun 30, 2026 | -116.00 Mn |
| Mar 31, 2026 | -26.00 Bn |
| Dec 31, 2025 | 2.08 Bn |
| Sep 30, 2025 | 24.24 Bn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | -4.43 Bn |
| Dec 31, 2024 | -7.64 Bn |
| Sep 30, 2024 | 12.21 Bn |
| Jun 30, 2024 | -26.00 Mn |
| Mar 31, 2024 | -212.00 Mn |
| Dec 31, 2023 | -58.00 Mn |
| Sep 30, 2023 | 180.00 Mn |
| Jun 30, 2023 | -222.00 Mn |
| Mar 31, 2023 | -24.95 Bn |
| Dec 31, 2022 | -988.00 Mn |
| Sep 30, 2022 | 25.56 Bn |
| Jun 30, 2022 | 482.00 Mn |
| Mar 31, 2022 | -29.76 Bn |
| Dec 31, 2021 | 6.34 Bn |
Infosys Other Working Capital Changes 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=other-working-capital-changes&ticker=INFY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();