Infosys Limited

INFYNYSETechnology● Active

$12.26

$-0.14(-1.13%)

Market Cap$49.7B

P/E Ratio—

52W High$30

52W Low$11.56

Avg Volume18.5M

Open$12.43

Beta0.11

Overview

Infosys Limited (INFY) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

INFY · free cash flow · updated Jun 8, 2026

Core FCF metrics

INFY · FCF · TTM · margin & CAGR

Free cash flow was $3.73B for FY2026 (fiscal year ending 2026-03-31), down 8.7% year-over-year The FCF margin was 18.5%. Five-year CAGR stands at +4.7%.

FY2026 Free Cash Flow$3.73B▼ -8.7% YoY

Trailing 12M (TTM)$3.73Btrailing 4 quarters sum

FCF Margin18.5%$3.73B ÷ revenue

3-Year CAGR+13.8%FY2023 → FY2026

5-Year CAGR+4.7%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

INFY · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$4.04B(306M)$3.73B▼ 8.7%18.5%

FY2025$4.35B(263M)$4.09B▲ +41.8%21.2%

FY2024$3.15B(266M)$2.88B▲ +13.7%15.5%

FY2023$2.85B(319M)$2.53B▼ 17.1%13.9%

FY2022$3.35B(290M)$3.06B▲ +2.8%18.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

INFY · P/FCF · FCF yield · FCF per share

Infosys Limited (INFY) trades at a FCF yield of 7.42% and a price-to-free-cash-flow ratio of 13.2x. FCF per share stands at $0.93, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.42%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.93

TTM FCF ÷ Shares Outstanding

Price / FCF

x13.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

INFY · cash flow statement · operating / investing / financing

For FY2026, Infosys Limited generated $4.04B in operating cash flow and spent 306M in capital expenditures, yielding $3.73B in free cash flow.

Operating Activities

+$4.04B

Cash from core business operations

2026-03-31

Investing Activities

+$10.0M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

−$4.49B

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($4.04B) − |CapEx| (306M) = FCF ($3.73B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

INFY vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Infosys LimitedYOU

INFY

$3.73B-8.7%18.5%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Infosys Limited (INFY) reported free cash flow of $3.73B for FY2026 (fiscal year ending 2026-03-31), down 8.7% year-over-year. The FCF margin was 18.5%.

Based on available data, Infosys Limited has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $4.09B in FY2025. The 5-year CAGR stands at +4.7%.

Infosys Limited's FCF yield is 7.42% and price-to-FCF ratio is 13.2x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

INFY free cash flow · 8 questions

Infosys Limited free cash flow was $3.73B for FY2026, down 8.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $3.73B.

INFY free cash flowINFY FCFINFY FCF 2026INFY free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Infosys Limited · Infosys Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026