Infosys (INFY) Tax Rate (2009 - 2026)
Infosys' Tax Rate came in at 29.15% for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 1.26 percentage points from 27.90% a year earlier but down 0.34 percentage points from the prior quarter.
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Analysis
Infosys (INFY) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Infosys reported Tax Rate of 26.00%, down 2.35 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 26.41%, down 2.49 percentage points from FY2025.
- Tax Rate carries a five-year change of -0.65 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 28.90% in FY2025 (+1.81 pp), 27.08% in FY2024 (-0.60 pp), 27.68% in FY2023 (+1.22 pp) and 26.46% in FY2022 (-0.60 pp).
- The five-year range for quarterly Tax Rate is 22.16% (fiscal Q4 2024) to 29.59% (fiscal Q2 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.05 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2022 (a gain of 24.18 percentage points), and the weakest in fiscal Q4 2024 (a drop of 5.39 percentage points).
- Business Quant data shows INFY's Tax Rate at 29.49% (Q1 2027), 24.67% (Q4 2026) and 27.30% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 29.15% |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 27.46% |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 26.92% |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 25.04% |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 26.62% |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 19.09% |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 26.10% |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 24.07% |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 20.70% |
| 10 | Ingram Micro Holding | 6.46 Bn | 1.87 Bn | 996.93 Mn | 29.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.15% |
| Jun 30, 2026 | 30.43% |
| Mar 31, 2026 | 24.67% |
| Dec 31, 2025 | 27.30% |
| Sep 30, 2025 | 27.90% |
| Jun 30, 2025 | 28.91% |
| Mar 31, 2025 | 27.13% |
| Dec 31, 2024 | 29.48% |
| Sep 30, 2024 | 29.59% |
| Jun 30, 2024 | 29.39% |
| Mar 31, 2024 | 22.16% |
| Dec 31, 2023 | 29.08% |
| Sep 30, 2023 | 29.15% |
| Jun 30, 2023 | 28.88% |
| Mar 31, 2023 | 27.55% |
| Dec 31, 2022 | 26.27% |
| Sep 30, 2022 | 28.26% |
| Jun 30, 2022 | 28.82% |
| Mar 31, 2022 | 24.55% |
| Dec 31, 2021 | 26.72% |
API Access
Infosys Tax Rate 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=tax-rate&ticker=INFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=INFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();