Infosys (INFY) Research & Development (2009 - 2026)

Infosys (INFY) posted quarterly Research & Development of $270.0 million for Q2 2026, up 4.65% year-on-year from $258.0 million in Q2 2025, and down 94.92% on a QoQ basis from $5.3 billion in Q1 2026.

Infosys (INFY) Research & Development (2009 - 2026) Analysis & Trends

Infosys (INFY) has reported Research & Development for 18 consecutive years, with $270.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Research & Development rose 4.65% year-over-year to $270.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $16.1 billion (up 1642.15% YoY) and the FY2026 annual result came in at $21.0 billion, up 2235.19% from the prior year.
  • Research & Development eased to $270.0 million in Q2 2026 per INFY's latest filing, from $5.3 billion in the prior quarter.
  • Over the last five years, Research & Development for INFY reached as high as $5.4 billion in Q3 2025 and fell as low as $179.0 million in Q1 2022.
  • A 5-year average of $1.1 billion and a median of $217.5 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2024 — Research & Development gained 3.47% — and 2025, when it soared 2338.91%.
  • Year by year, Research & Development stood at $196.0 million in 2022, then increased by 4.08% to $204.0 million in 2023, then rose by 6.86% to $218.0 million in 2024, then soared by 2239.45% to $5.1 billion in 2025, then tumbled by 94.71% to $270.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $270.0 million, $5.3 billion, and $5.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.31 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 1.81 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -1.39 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 270.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -174.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 270.00 Mn
Mar 31, 2026 5.32 Bn
Dec 31, 2025 5.10 Bn
Sep 30, 2025 5.39 Bn
Jun 30, 2025 258.00 Mn
Mar 31, 2025 226.00 Mn
Dec 31, 2024 218.00 Mn
Sep 30, 2024 221.00 Mn
Jun 30, 2024 232.00 Mn
Mar 31, 2024 209.00 Mn
Dec 31, 2023 204.00 Mn
Sep 30, 2023 213.00 Mn
Jun 30, 2023 217.00 Mn
Mar 31, 2023 202.00 Mn
Dec 31, 2022 196.00 Mn
Sep 30, 2022 185.00 Mn
Jun 30, 2022 193.00 Mn
Mar 31, 2022 179.00 Mn
Dec 31, 2021 177.00 Mn
Sep 30, 2021 167.00 Mn