Infosys, a global leader in digital services and consulting, reported $4,941 million in Q1 FY26 revenues, with a year-on-year (YoY) growth of 3.8% and sequential growth of 2.6% in constant currency (CC). The company secured $3.8 billion in large deal wins, with 55% net new, showcasing its enterprise AI capabilities and client consolidation success.
Q1 revenue: $4,941M, up 3.8% YoY, 2.6% QoQ in CC.
Large deal wins: $3.8B, 55% net new, reflecting AI-driven growth.
Operating margin: 20.8%, down 0.3% YoY, 0.2% QoQ.
Free cash flow: $884M, 109.3% of net profit.
Net profit: ₹6,921 crore, up 8.7% YoY; EPS up 8.6% YoY.
FY26 guidance: Revenue growth 1-3% CC, margin 20-22%.
Stock price: $17.975 (INFY, NYSE, July 24, 2025). See finance card above.
Infosys delivered a robust Q1 FY26, driven by its enterprise AI capabilities and strategic client partnerships. “Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees,” said CEO Salil Parekh. The $3.8 billion in large deal wins, with 55% from new clients, underscores Infosys’ competitive edge in AI, cloud, and digital transformation. The company deployed over 300 AI agents across client operations, enhancing productivity and customer experiences in areas like supply chains and customer service.
Financially, Infosys reported ₹42,279 crore in revenue, up 7.5% YoY, with a net profit of ₹6,921 crore, up 8.7% YoY. The operating margin was 20.8%, slightly down due to investments in Project Maximus, which focuses on strategic priorities for profitable growth. Free cash flow remained strong at $884 million, marking the fifth consecutive quarter of over 100% cash flow conversion. The company raised its FY26 revenue growth guidance to 1-3% from 0-3%, reflecting confidence in its AI-driven deal pipeline.
Infosys expanded key partnerships, leveraging its AI and cloud platforms like Infosys Topaz and Cobalt. Notable collaborations include:
Select Portfolio Servicing, Inc. (SPS): Extended managed services for hybrid cloud, IT operations, and AI adoption to enhance efficiency and scalability.
AIB: Accelerated digital transformation in banking with AI and ML for personalized customer services.
E.ON: Enabled AI-powered digital workplace transformation across Europe for sustainable energy systems.
DNB Bank ASA: Modernized IT infrastructure with AI and ML for agile, customer-centric banking.
Yorkshire Building Society: Supported digital transformation with faster payments and enhanced security.
Spark New Zealand: Enhanced digital experiences through AI and innovation.
Perfection Fresh: Improved sustainability tracking with Microsoft Sustainability Manager across 17 locations.
Bank of Sydney: Powered digital banking transformation with Infosys Finacle.
Infosys’ AI capabilities were recognized in initiatives like The Sustainability Atlas with Economist Impact, leveraging generative AI for actionable sustainability insights. The company also earned multiple awards, including leadership in Everest Group’s PEAK Matrix for digital services and Finacle’s recognition in banking awards.
As of July 24, 2025, Infosys’ stock price (INFY, NYSE) was $17.975, down from a previous close of $18.45, with a market cap of $75.69 billion. The stock traded between a high of $18.346 and a low of $17.878. Over the past year, the stock ranged from $15.82 to $23.63. Despite macroeconomic challenges, Infosys’ focus on AI and large deal wins supports its revised FY26 guidance of 1-3% CC revenue growth and 20-22% operating margin.
Infosys’ Q1 FY26 performance highlights its leadership in enterprise AI, with $3.8 billion in deal wins and robust financials positioning it for sustained growth in a competitive IT services market.
Infosys is a global leader in next-generation digital services and consulting. Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.