Infosys (INFY) Tax Rate (2009 - 2026)
Infosys (INFY) posted Tax Rate of 29.49% for Q2 2026, up 38.9% on a QoQ basis from 21.23% in Q1 2026, and up 58.0% year-over-year from 18.67% in Q2 2025.
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Analysis
Infosys (INFY) Tax Rate (2009 - 2026) Analysis & Trends
Infosys has reported Tax Rate for 18 years, with the latest figure at 29.49% in Q2 2026.
- On a quarterly basis, Tax Rate rose 58.0% year-over-year to 29.49% in Q2 2026; TTM through Jun 2026 was 26.55%, a 223.0% decrease from a year earlier, with the FY2026 full-year figure at 26.41%, down 249.0% from the prior year.
- Tax Rate was 29.49% for Q2 2026 at Infosys, up from 21.23% in the prior quarter.
- The five-year high for Tax Rate was 29.59% in Q3 2024, with the low at 21.23% in Q1 2026.
- Average Tax Rate over 5 years is 27.53%, with a median of 28.54% recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Tax Rate surged 497 bps in 2025, then tumbled 589 bps in 2026.
- Over 5 years, Tax Rate stood at 26.27% in 2022, then grew by 11 bps to 29.08% in 2023, then gained by 1 bps to 29.48% in 2024, then fell by 6 bps to 27.73% in 2025, then advanced by 6 bps to 29.49% in 2026.
- The last three Tax Rate figures came in at 29.49% (Q2 2026), 21.23% (Q1 2026), and 27.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 29.49% |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 26.40% |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 26.62% |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | 26.73% |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 14.29% |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 23.14% |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | 20.29% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 21.30% |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | 47.72% |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.49% |
| Mar 31, 2026 | 21.23% |
| Dec 31, 2025 | 27.73% |
| 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 | 27.60% |
| 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% |
| Sep 30, 2021 | 27.04% |