Infosys (INFY) Shares Outstanding (Diluted) (2011 - 2026)
Infosys (INFY) recorded Weighted Average Shares Outstanding (Diluted) of 4.12 billion in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 0.8% from 4.15 billion a year earlier and unchanged from the prior quarter.
Infosys (INFY) Shares Outstanding (Diluted) (2011 - 2026) Analysis & Trends
Starting with fiscal Q4 2011, Infosys' Weighted Average Shares Outstanding (Diluted) history includes 60 quarters.
- Annual Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of -0.6% (FY2021 to FY2026).
- Across earlier fiscal years, Weighted Average Shares Outstanding (Diluted) came in at 4.15 billion in FY2025 (+0.2%), 4.14 billion in FY2024 (-1.0%), 4.19 billion in FY2023 (-0.7%) and 4.22 billion in FY2022 (-0.8%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has ranged from 4.12 billion in fiscal Q4 2026 to 4.25 billion in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined for three consecutive quarters, with an average decline of 0.3% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 0.2% in fiscal Q3 2026, against a decline of 1.0% in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.12 billion (Q1 2027), 4.12 billion (Q4 2026) and 4.15 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.35 Bn | -77.91 Bn | 1.60 Bn | 4.12 Bn |
| 2 | Cognizant Technology Solutions | 30.16 Bn | 24.12 Bn | 1.91 Bn | 466.00 Mn |
| 3 | Wipro | 22.58 Bn | 17.72 Bn | 745.00 Mn | 10.50 Bn |
| 4 | Cdw | 19.64 Bn | 16.54 Bn | 1.39 Bn | 125.70 Mn |
| 5 | Cgi | 18.54 Bn | 16.34 Bn | - | 225.49 Mn |
| 6 | Td Synnex | 17.34 Bn | 11.50 Bn | 1.43 Bn | 79.41 Mn |
| 7 | Arrow Electronics | 9.29 Bn | 8.24 Bn | 1.13 Bn | 51.87 Mn |
| 8 | EPAM Systems | 8.17 Bn | 4.08 Bn | 445.94 Mn | 51.47 Mn |
| 9 | ExlService Holdings | 6.55 Bn | 5.35 Bn | 241.14 Mn | 152.57 Mn |
| 10 | Avnet | 6.53 Bn | 5.71 Bn | 865.03 Mn | 83.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.12 Bn |
| Jun 30, 2026 | 4.12 Bn |
| Mar 31, 2026 | 4.12 Bn |
| Dec 31, 2025 | 4.15 Bn |
| Sep 30, 2025 | 4.15 Bn |
| Jun 30, 2025 | 4.15 Bn |
| Mar 31, 2025 | 4.15 Bn |
| Dec 31, 2024 | 4.14 Bn |
| Sep 30, 2024 | 4.14 Bn |
| Jun 30, 2024 | 4.14 Bn |
| Mar 31, 2024 | 4.14 Bn |
| Dec 31, 2023 | 4.19 Bn |
| Sep 30, 2023 | 4.19 Bn |
| Jun 30, 2023 | 4.19 Bn |
| Mar 31, 2023 | 4.19 Bn |
| Dec 31, 2022 | 4.22 Bn |
| Sep 30, 2022 | 4.22 Bn |
| Jun 30, 2022 | 4.22 Bn |
| Mar 31, 2022 | 4.22 Bn |
| Dec 31, 2021 | 4.25 Bn |
Infosys Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=INFY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();