Infosys (INFY) Research & Development (2009 - 2026)
Infosys (INFY) posted Research & Development of $270.0 million for Q2 2026, down 94.92% on a QoQ basis from $5.3 billion in Q1 2026, and up 4.65% year-over-year from $258.0 million in Q2 2025.
Analysis
Infosys (INFY) Research & Development (2009 - 2026) Analysis & Trends
Infosys has reported Research & Development for 18 years, with the latest figure at $270.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 4.65% year-over-year to $270.0 million in Q2 2026; TTM through Jun 2026 was $10.9 billion, a 1085.7% increase from a year earlier, with the FY2026 full-year figure at $21.0 billion, up 2235.19% from the prior year.
- Research & Development was $270.0 million for Q2 2026 at Infosys, down from $5.3 billion in the prior quarter.
- The five-year high for Research & Development was $5.3 billion in Q1 2026, with the low at $179.0 million in Q1 2022.
- Average Research & Development over 5 years is $772.1 million, with a median of $217.5 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Research & Development gained 3.47% in 2024, then jumped 2253.98% in 2026.
- Over 5 years, Research & Development stood at $196.0 million in 2022, then grew by 4.08% to $204.0 million in 2023, then increased by 6.86% to $218.0 million in 2024, then surged by 2239.45% to $5.1 billion in 2025, then slumped by 94.71% to $270.0 million in 2026.
- The last three Research & Development figures came in at $270.0 million (Q2 2026), $5.3 billion (Q1 2026), and $5.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 270.00 Mn |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | - |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | - |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | - |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | - |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 49.63 Mn |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | - |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 5.75 Mn |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | - |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270.00 Mn |
| Mar 31, 2026 | 5.32 Bn |
| Dec 31, 2025 | 5.10 Bn |
| Sep 30, 2025 | 254.00 Mn |
| 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 |