Infosys
Logotype for Infosys Limited

Infosys (INFY) investor relations material

Infosys Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Infosys Limited
Q3 25/26 earnings summary14 Jan, 2026

Executive summary

  • Q3 FY 2026 delivered sequential revenue growth of 0.6% and 1.7% year-over-year in constant currency, with reported revenues at $5,099 million and ₹45,479 crore, supported by robust large deal wins totaling $4.8 billion, 57% of which were net new.

  • Adjusted operating margin reached 21.2%, with reported margin at 18.4% due to a one-time charge from Indian labor code changes; free cash flow was $915 million, and headcount increased by 5,043.

  • Major buyback of 100 million shares for ₹18,000 crore was completed, and an interim dividend of ₹23 per share was paid.

  • AI adoption accelerated, with 4,600 AI projects underway and 90% of the top 200 clients engaged in AI initiatives; major partnerships and product launches, such as Topaz Fabric and collaboration with Cognition, were highlighted.

  • Two acquisitions were completed: MRE Consulting Ltd. (US) and The Missing Link (Australia).

Financial highlights

  • Q3 revenue was $5.1 billion, up 0.6% sequentially and 1.7% year-over-year in constant currency.

  • Adjusted operating margin was 21.2%, reported margin including labor code impact was 18.4%.

  • Free cash flow (adjusted) was $965 million, over 112% of adjusted net profit; adjusted EPS for nine months grew 11.5% in Rupee terms.

  • Consolidated cash and investments stood at $3.9 billion after returning $3 billion to shareholders via buyback and dividend.

  • Net profit for Q3 was $747 million (₹6,654 crore), with basic EPS at $0.18 (₹16.17); adjusted EPS at $0.21 (₹18.53).

Outlook and guidance

  • FY 2026 revenue growth guidance revised upward to 3%-3.5% in constant currency.

  • Operating margin guidance maintained at 20%-22%, excluding labor code adjustment.

  • Acceleration expected in Financial Services and Energy, Utilities, Resources, and Services verticals in FY 2027.

Quantify Labour Codes impact on Q3 operating profit
Describe the nature of recent acquisitions
Explain CEO RSU grant terms and vesting
AI's impact on deal structure and client expectations
Discretionary spend expansion beyond FS/EURS
Recurring margin impact of new labor codes?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Infosys earnings date

Logotype for Infosys Limited
Investor Day 202617 Feb, 2026
Infosys
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Infosys earnings date

Logotype for Infosys Limited
Investor Day 202617 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It offers business information technology services comprising application development and management, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions; and business process management services.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage