Infosys (INFY) Company Report

Analyst Coverage

Research analysts who have asked questions during Infosys earnings calls.

Kumar Rakesh

BNP Paribas

5 questions for INFY

Also covers: WIT

Sandeep Shah

Equirus Securities

5 questions for INFY

Also covers: WIT

Abhishek Kumar

JM Financial

4 questions for INFY

Also covers: WIT

Vibhor Singhal

Nuvama Equities

4 questions for INFY

Also covers: WIT

Ankur Rudra

JPMorgan Chase & Co.

3 questions for INFY

Also covers: MMYT, WIT

Bryan Bergin

TD Cowen

3 questions for INFY

Also covers: ACN, ADP, ASUR +18 more

Keith Bachman

BMO Capital Markets

3 questions for INFY

Also covers: ACN, ADBE, CHKP +17 more

Nitin Padmanabhan

Investec

3 questions for INFY

Also covers: WIT

Abhishek Pathak

Motilal Oswal

2 questions for INFY

Ashwin Mehta

Ambit capital

2 questions for INFY

Also covers: WIT

Gaurav Rateria

Morgan Stanley

2 questions for INFY

Also covers: MMYT, WIT

Girish Pai

BOB Capital Markets

2 questions for INFY

Also covers: WIT

Jonathan Lee

Arias Resource Capital

2 questions for INFY

Also covers: ACN, CTSH, DAVA +8 more

Manik Taneja

Axis Capital

2 questions for INFY

Also covers: MMYT, WIT

Rishi Jhunjhunwala

IIFL Institutional Equities

2 questions for INFY

Also covers: WIT

Surendra Goyal

Citigroup

2 questions for INFY

Also covers: WIT

Yu Lee

Guggenheim Partners

2 questions for INFY

Also covers: CTSH, DAVA, GDS +3 more

Apurva Prasad

Franklin Templeton Asset Management (India) Pvt. Ltd.

1 question for INFY

Avik Das

Business Standard

1 question for INFY

Also covers: WIT

Ayanti Bera

Financial Express (India)

1 question for INFY

Also covers: WIT

Beena Parmar

The Economic Times

1 question for INFY

Also covers: WIT

Haripriya Suresh

Reuters

1 question for INFY

James Friedman

Susquehanna Financial Group, LLLP

1 question for INFY

Also covers: AFRM, AVDX, BETR +19 more

Jamie Friedman

Susquehanna International Group

1 question for INFY

Also covers: ACN, AFRM, CTSH +8 more

Jas Bardia

Mint

1 question for INFY

Prashant Kothari

Pictet Asset Management

1 question for INFY

Reshab Shaw

moneycontrol

1 question for INFY

Also covers: WIT

Ritu Singh

CNBC-TV18

1 question for INFY

Sanjana B

The Hindu BusinessLine

1 question for INFY

Also covers: WIT

Sumeet Jain

CLSA

1 question for INFY

Also covers: WIT

Veena Mani

The Times Of India

1 question for INFY

Also covers: WIT

Latest news

Recent press releases and 8-K filings for INFY.

Infosys Outlines AI Strategy and Market Opportunity

INFY

New Projects/Investments

Revenue Acceleration/Inflection

Hiring

Infosys's AI-related services currently account for 5.5% of its revenue in Q3 and are growing robustly.
The company is engaged in AI work with 90% of its large 200 clients and estimates the total AI services market opportunity to be between $300 billion and $400 billion by 2030.
Infosys plans to maintain its margin guidance by investing savings from its margin program into scaling AI capabilities, platforms, and talent development, including recruiting fresh engineers with salaries up to INR 21 lakh.

Feb 17, 2026, 5:30 AM

Transcript

Infosys Details Strategic AI Partnerships and Client Successes

INFY

New Projects/Investments

Product Launch

Revenue Acceleration/Inflection

Infosys is a strategic partner for major technology companies like Microsoft and ServiceNow, operationalizing their AI solutions into secure, scalable enterprise platforms and advancing agentic AI.
The company is delivering tangible business outcomes for clients across various sectors, including an 18% year one improvement in IT operations efficiency and 50% faster contract validation for BP, and 95% of fiber sales handled by digital agents for a leading telco.
Infosys offers a comprehensive suite of AI offerings, including 30 offerings and 100 sub-offerings, and has launched its AI services brand, Infosys Topaz. The company is recognized as the fastest-growing brand in its category for 6 years by Brand Finance.

Feb 17, 2026, 5:30 AM

Transcript

Infosys outlines AI strategy and market opportunity at Investor Day 2026

INFY

New Projects/Investments

Revenue Acceleration/Inflection

Hiring

Infosys is positioning itself to capitalize on the massive opportunity in AI-driven modernization of legacy systems, with a strategy encompassing AI-first and AI-augmented services.
The company estimates the net new opportunity from AI services to be $300 billion to $400 billion, believing that the expansion from AI will be larger than any compression in existing services.
Infosys is actively engaged in AI work for 90% of its top 200 clients, leveraging client trust, a strong partnership ecosystem, and internal talent development through reskilling and recruitment.
Client examples demonstrate AI's impact on improving customer experience, operational efficiency, and revenue growth, such as a 12.2% increase in revenue for Ralph Lauren attributed to online and digital capabilities.

Feb 17, 2026, 5:30 AM

Transcript

Infosys Announces Strong Q3 2026 Performance and Revised FY26 Guidance

INFY

Earnings

Guidance Update

Share Buyback

Infosys reported Q3 2026 revenues of $5,099 million, representing 1.7% year-on-year growth and 0.6% sequential growth in constant currency.
The company achieved an adjusted operating margin of 21.2% and generated $965 million in adjusted free cash flow for Q3 2026.
Large deal wins totaled $4.8 billion in Q3 2026, with 57% net new.
Infosys revised its FY26 revenue guidance to 3.0%-3.5% growth in constant currency and maintained an operating margin guidance of 20%-22%.
The company completed its largest ever buyback, totaling 18,000 crore (approximately $2,021 million) during the quarter.

Jan 20, 2026, 1:27 PM

6-K

Infosys Reports Strong Q3 2026 Performance and Updates FY26 Guidance

INFY

Earnings

Guidance Update

Share Buyback

Infosys reported Q3 revenues of $5,099 million , reflecting a year-on-year growth of 1.7% and sequential growth of 0.6% in constant currency. The adjusted operating margin for the quarter ended December 31, 2025, was 21.2% , with an adjusted basic EPS of $0.21.
The company secured large deal wins totaling $4.8 billion in Q3 2026.
Infosys revised its revenue guidance for FY26 to 3.0%-3.5% in constant currency and maintained an operating margin guidance of 20%-22%.
Adjusted free cash flow generation was $965 million for Q3 2026.
The company successfully completed its largest ever buyback of 18,000 crore and paid an interim dividend of 23/- per equity share.

Jan 14, 2026, 4:40 PM

6-K

Infosys Reports Strong Q3 FY26 Performance and Raises Revenue Guidance

INFY

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Infosys reported Q3 FY26 revenues of $5.1 billion, marking a 0.6% sequential growth and 1.7% year-on-year growth in constant currency terms, with an adjusted operating margin of 21.2%.
The company secured $4.8 billion in large deals during Q3, with 57% net new, and generated $915 million in free cash flow.
Infosys revised its revenue growth guidance for FY26 upward to 3%-3.5% in constant currency, while maintaining its operating margin guidance at 20%-22%.
The company is actively expanding its AI capabilities and partnerships, working on 4,600 AI projects and being recognized as a leader in AI.
Discretionary spending is returning in financial services, and both financial services and energy utilities are expected to see growth acceleration in FY27 over FY26.

Jan 14, 2026, 12:30 PM

Transcript

Infosys Reports Strong Q3 2026 Performance and Raises FY26 Revenue Guidance

INFY

Guidance Update

New Projects/Investments

Share Buyback

Infosys reported a strong Q3 2026 performance with $5.1 billion in revenue, growing 0.6% sequentially and 1.7% year-on-year in constant currency, and an adjusted operating margin of 21.2%.
The company secured robust large deals totaling $4.8 billion in Q3 2026, with 57% net new, contributing to $11.7 billion in large deal TCV for the first nine months of FY26.
Infosys revised its FY26 revenue growth guidance upward to 3%-3.5% in constant currency, while maintaining its operating margin guidance at 20%-22%.
The company highlighted strong momentum in AI adoption, working on 4,600 AI projects with 90% of its 200 largest clients, and announced a strategic partnership with Cognition.
Infosys completed its largest-ever buyback of INR 18,000 crores and paid an interim dividend for FY26, demonstrating commitment to shareholder returns.

Jan 14, 2026, 12:30 PM

Transcript

Infosys Reports Strong Q3 2026 Performance, Raises FY 2026 Revenue Guidance, and Highlights AI Momentum

INFY

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Infosys reported Q3 2026 revenues of $5.1 billion, growing 0.6% sequentially and 1.7% year-on-year in constant currency terms.
The company secured $4.8 billion in large deals during Q3, with 57% net new, and total large deal TCV for nine months reached $11.7 billion, exceeding the full year FY 2025 total.
Infosys revised its FY 2026 revenue growth guidance to 3%-3.5% in constant currency and maintained its operating margin guidance at 20%-22%.
There is significant traction in AI, with the company working on 4,600 AI projects and deepening capabilities through Topaz Fabric and partnerships like Cognition.
Infosys completed its largest-ever buyback, returning INR 18,000 crores to shareholders.

Jan 14, 2026, 12:30 PM

Transcript

Infosys reports strong Q3 2026 performance and raises revenue guidance

INFY

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Infosys reported strong Q3 2026 performance with revenue growth of 0.6% sequentially and 1.7% year-on-year in constant currency, securing $4.8 billion in large deals, including a $1.6 billion deal with the NHS.
The company revised its financial year revenue growth guidance upwards to 3%-3.5% in constant currency, while maintaining its operating margin guidance at 20%-22%.
Infosys is actively driving AI adoption, working on 4,600 AI projects with 90% of its largest 200 clients, and has deepened its Topaz AI capability with Topaz Fabric.
The adjusted operating margin for Q3 2026 was 21.2%, expanding by 20 basis points quarter-over-quarter, reflecting benefits from currency and Project Maximus.
The company is investing in future capacity, having onboarded approximately 18,000 freshers towards a target of 20,000 for the year, and plans to continue campus hiring.

Jan 14, 2026, 11:00 AM

Transcript

Infosys Reports Strong Q3 2026 Performance and Raises Full-Year Revenue Guidance

INFY

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Infosys reported Q3 2026 revenue growth of 0.6% sequentially and 1.7% year-on-year in constant currency, securing $4.8 billion in large deals.
The company raised its full-year revenue growth guidance for FY 2026 to 3%-3.5% in constant currency, while maintaining its operating margin guidance at 20%-22%.
Infosys is actively driving AI adoption, working on 4,600 AI projects with 90% of its largest 200 clients, and has identified six AI-led value pools.
The company increased headcount by onboarding 18,000 freshers (targeting 20,000 for the year) and achieved an adjusted operating margin of 21.2% in Q3 2026, expanding by 20 basis points sequentially.