Infosys
INFY · NYSEServices-Computer Programming Services · Fiscal year ends Mar 31
Net income was $3.2B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Cost of revenue | $8.8B | $11B | $12.7B | $13B | $13.4B |
| Gross profit | $4.7B | $5.3B | $5.5B | $5.6B | $5.9B |
| Research & development | $127M | $124M | $129M | $135M | $153M |
| Operating income | $3.3B | $3.8B | $3.8B | $3.8B | $4.1B |
| Interest expense | $26M | $27M | $35M | $56M | $49M |
| Pre-tax income | $3.6B | $4B | $4.1B | $4.3B | $4.4B |
| Income tax | $973M | $1.1B | $1.1B | $1.2B | $1.3B |
| Net income | $2.6B | $3B | $3B | $3.2B | $3.2B |
Balance sheet
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $3.4B | $2.3B | $1.5B | $1.8B | $2.9B |
| Current assets | $8.3B | $8.9B | $8.6B | $10.7B | $11.4B |
| Net PP&E | $1.9B | $1.8B | $1.7B | $1.5B | $1.5B |
| Goodwill | $832M | $817M | $882M | $875M | $1.2B |
| Total assets | $14.8B | $15.6B | $15.3B | $16.5B | $17.4B |
| Payables | $362M | $545M | $470M | $474M | $487M |
| Current liabilities | $3.3B | $4.4B | $4.8B | $4.7B | $5B |
| Total liabilities | $4.3B | $5.6B | $6.1B | $5.9B | $6.2B |
| Shareholders' equity | $10.4B | $9.9B | $9.2B | $10.6B | $11.2B |
Cash flow
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $3.3B | $3.3B | $2.9B | $3.1B | $4.4B |
Key ratios
| Fiscal year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating income growth (YoY) | – | 12.9% | 1.9% | 0.2% | 6.2% |
| Return on equityBlank when equity is negative | 25.1% | 29.9% | 32.5% | 30.0% | 28.2% |
| ROCEEBIT ÷ (assets − current liabilities) | 28.8% | 33.8% | 36.3% | 32.3% | 32.8% |
| Cash conversion (CFO ÷ net income) | 1.24x | 1.13x | 0.96x | 0.99x | 1.38x |
| Payable days | 15 | 18 | 13 | 13 | 13 |
| Interest cover | 128x | 139x | 109x | 68.5x | 83.1x |
| Current ratio | 2.55x | 2.00x | 1.81x | 2.31x | 2.27x |
Recent filings
More in Services-Computer Programming Services
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.