Infosys Limited (INFY) quarterly balance sheet — complete assets, liabilities & equity history
Infosys Limited (INFY) balance sheet — 28-year assets, liabilities & shareholders' equity history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Total Current Assets | 10.97B | 10.4B | 10.91B | 9.96B | 11.91B | 11.24B | 11.36B | 10.24B | 10.68B | 11.52B | 10.72B | 9.29B | 9.28B | 9.44B | 8.63B | 8.75B | 9.21B | 8.68B | 8.87B | 8.15B |
| Cash & Short-Term Investments | 3.98B | 3.12B | 3.75B | 2.98B | 5.02B | 4.09B | 4.51B | 3.69B | 3.49B | 3.02B | 3.43B | 2.6B | 2.91B | 2.27B | 2.36B | 2.49B | 3.28B | 2.85B | 3.23B | 2.77B |
| Cash Only | 2.54B | 2.29B | 2.34B | 2.22B | 3.54B | 3.2B | 2.86B | 2.61B | 2.6B | 1.97B | 1.77B | 1.64B | 1.89B | 1.5B | 1.48B | 1.4B | 1.83B | 1.77B | 2.31B | 2.15B |
| Short-Term Investments | 1.44B | 837M | 1.41B | 768.92M | 1.48B | 887M | 1.65B | 1.08B | 887M | 1.05B | 1.66B | 958M | 1.01B | 772M | 878M | 1.09B | 1.45B | 1.08B | 924M | 629M |
| Accounts Receivable | 6.05B | 5.33B | 6.19B | 5.73B | 6B | 5.37B | 5.96B | 5.68B | 5.38B | 5.22B | 6.44B | 5.27B | 5.53B | 5.41B | 4.96B | 5.36B | 4.76B | 4.99B | 4.87B | 4.74B |
| Days Sales Outstanding | 101.6 | 103.16 | 106.46 | 105.81 | 103.01 | 104.28 | 110.71 | 103.01 | 99.62 | 112.5 | 116.67 | 106.57 | 106.72 | 102.17 | 101.93 | 99.92 | 98.42 | 100.89 | 100.93 | 98.36 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9M | 0 | 0 | 0 | 0 | 8M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | 0.25 | - | - | - | - | 0.23 | - | - | - |
| Other Current Assets | 443.51M | 1.95B | 124M | 777.6M | 167M | 1.79B | 133M | 196M | 1.82B | 3.28B | 98M | 980M | 132M | 1.04B | 662M | 259M | 881M | 198M | 187M | 104M |
| Total Non-Current Assets | 6.09B | 5.95B | 5.53B | 6B | 6.15B | 6.2B | 6.06B | 6.05B | 6.24B | 5.75B | 5.8B | 6.31B | 6.41B | 6.56B | 6.69B | 6.47B | 6.43B | 6.51B | 6.69B | 6.52B |
| Property, Plant & Equipment | 2.07B | 2.07B | 2.06B | 2.13B | 2.17B | 2.22B | 2.24B | 2.18B | 2.28B | 2.28B | 2.32B | 2.38B | 2.42B | 2.5B | 2.52B | 2.4B | 2.34B | 2.38B | 2.43B | 2.43B |
| Fixed Asset Turnover | 2.49x | 2.47x | 2.41x | 2.37x | 2.31x | 2.22x | 2.14x | 2.21x | 2.14x | 2.05x | 1.94x | 1.94x | 1.92x | 1.84x | 1.85x | 1.96x | 1.93x | 1.85x | 1.76x | 1.75x |
| Goodwill | 1.55B | 1.56B | 1.28B | 1.29B | 1.29B | 1.3B | 1.18B | 1.16B | 1.22B | 888.02M | 875.63M | 893.48M | 872M | 882M | 882M | 876M | 847.19M | 813M | 817M | 823M |
| Intangible Assets | 461.77M | 486.27M | 298M | 341.9M | 357M | 370M | 323.61M | 348M | 388.3M | 167M | 167M | 181.52M | 186M | 200M | 213M | 222M | 225M | 217M | 225M | 239M |
| Long-Term Investments | 1.12B | 924M | 1.04B | 1.34B | 1.23B | 1.24B | 1.43B | 1.24B | 1.19B | 1.34B | 1.54B | 1.35B | 1.52B | 1.55B | 1.68B | 1.62B | 1.56B | 1.74B | 1.87B | 1.68B |
| Other Non-Current Assets | 646.06M | 922M | 619M | 694.04M | 927M | 1.07B | 765M | 1.03B | 1.17B | 1.07B | 843M | 1.51B | 1.3B | 1.31B | 1.24B | 1.21B | 1.46B | 1.19B | 1.19B | 1.22B |
| Total Assets | 17.06B | 16.36B | 16.45B | 15.95B | 18.06B | 17.45B | 17.42B | 16.29B | 16.93B | 17.27B | 16.52B | 15.61B | 15.69B | 16.01B | 15.31B | 15.23B | 15.64B | 15.19B | 15.55B | 14.67B |
| Asset Turnover | 0.31x | 0.31x | 0.31x | 0.30x | 0.29x | 0.28x | 0.28x | 0.30x | 0.29x | 0.28x | 0.28x | 0.30x | 0.30x | 0.29x | 0.30x | 0.30x | 0.30x | 0.29x | 0.28x | 0.29x |
| Asset Growth % | -5.56% | -6.23% | -5.6% | -2.08% | 6.71% | 1.01% | 5.43% | 4.39% | 7.9% | 7.9% | 7.92% | 2.5% | 0.31% | 5.36% | -1.56% | 3.77% | 9.41% | 3.14% | 4.92% | 5.8% |
| Total Current Liabilities | 5.59B | 5.59B | 5.52B | 5.56B | 5.22B | 5.15B | 5.01B | 4.8B | 4.87B | 6.09B | 4.65B | 4.68B | 4.68B | 5.67B | 4.77B | 4.98B | 4.59B | 4.64B | 4.43B | 4.19B |
| Accounts Payable | 469.39M | 463M | 500M | 536.94M | 432M | 422M | 487M | 429M | 458M | 443M | 474M | 460M | 388M | 460M | 470M | 581M | 512M | 502M | 547M | 507M |
| Days Payables Outstanding | 12.08 | 12.58 | 13.39 | 12.18 | 11.17 | 12.11 | 12.48 | 11.85 | 12.19 | 12.8 | 13.2 | 11.91 | 11.93 | 13.18 | 14.94 | 15.57 | 14.71 | 15.18 | 16.05 | 15.09 |
| Short-Term Debt | 373.9M | 0 | 0 | 332.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1.23B | 1.22B | 1.25B | 1.24B | 1.02B | 994M | 994M | 988M | 860M | 834M | 880M | 0 | 845M | 895M | 872M | 862M | 0 | 801M | 835M | 835M |
| Other Current Liabilities | 1.87B | 1.32B | 1.38B | 1.89B | 1.34B | 3.74B | 1.3B | 1.16B | 3.55B | 4.81B | 1.26B | 2.25B | 1.4B | 1.33B | 1.92B | 1.58B | 2.27B | 1.34B | 1.23B | 1.1B |
| Current Ratio | 1.96x | 1.86x | 1.98x | 1.79x | 2.28x | 2.18x | 2.27x | 2.13x | 2.19x | 1.89x | 2.31x | 1.99x | 1.98x | 1.67x | 1.81x | 1.76x | 2.01x | 1.87x | 2.00x | 1.94x |
| Quick Ratio | 1.96x | 1.86x | 1.98x | 1.79x | 2.28x | 2.18x | 2.27x | 2.13x | 2.19x | 1.89x | 2.31x | 1.98x | 1.98x | 1.67x | 1.81x | 1.76x | 2.01x | 1.87x | 2.00x | 1.94x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | 94.91 | - | - | - | - | 83.94 | - | - | - |
| Total Non-Current Liabilities | 1.08B | 1.1B | 1.09B | 1.11B | 1.15B | 1.17B | 1.15B | 1.13B | 1.22B | 1.18B | 1.27B | 1.26B | 1.24B | 1.22B | 1.32B | 1.22B | 1.17B | 1.16B | 1.13B | 1.09B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 515.72M | 563M | 634M | 646.53M | 674M | 693M | 675M | 667M | 756M | 740M | 767M | 802M | 798M | 812M | 859M | 795M | 685M | 655M | 607M | 603M |
| Deferred Tax Liabilities | 196.71M | 0 | 177M | 177.35M | 190M | 0 | 201.47M | 181M | 0 | 0 | 215.1M | 0 | 124M | 136M | 149M | 128M | 137.67M | 144M | 153M | 113M |
| Other Non-Current Liabilities | 368.27M | 534M | 279M | 288.39M | 289M | 480M | 275.64M | 284M | 463M | 441M | 283.56M | 458M | 308M | 262M | 305M | 288M | 350.1M | 354M | 359M | 367M |
| Total Liabilities | 6.67B | 6.68B | 6.61B | 6.67B | 6.38B | 6.33B | 6.17B | 5.93B | 6.09B | 7.27B | 5.92B | 5.94B | 5.92B | 6.89B | 6.09B | 6.2B | 5.76B | 5.81B | 5.56B | 5.29B |
| Total Debt | 889.62M | 923M | 967M | 978.64M | 986M | 693M | 962M | 960M | 756M | 740M | 1B | 1.05B | 1.03B | 1.03B | 1.01B | 933M | 802M | 767M | 722M | 715M |
| Net Debt | -1.65B | -1.36B | -1.37B | -1.24B | -2.55B | -2.51B | -1.9B | -1.65B | -1.84B | -1.23B | -771M | -589M | -863M | -467M | -471M | -468M | -1.03B | -1B | -1.58B | -1.43B |
| Debt / Equity | 0.09x | 0.10x | 0.10x | 0.11x | 0.08x | 0.06x | 0.09x | 0.09x | 0.07x | 0.07x | 0.09x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.08x | 0.08x | 0.07x | 0.08x |
| Debt / EBITDA | 0.72x | 0.77x | 0.80x | 0.92x | 0.82x | 0.60x | 0.84x | 0.80x | 0.65x | 0.65x | 0.95x | 1.00x | 0.94x | 0.94x | 0.92x | 0.82x | 0.72x | 0.76x | 0.70x | 0.64x |
| Net Debt / EBITDA | -1.33x | -1.13x | -1.14x | -1.16x | -2.13x | -2.16x | -1.66x | -1.38x | -1.57x | -1.09x | -0.73x | -0.56x | -0.79x | -0.42x | -0.43x | -0.41x | -0.93x | -0.99x | -1.52x | -1.28x |
| Interest Coverage | 91.23x | 93.58x | 98.33x | 93.21x | 98.08x | 93.76x | 95.73x | 96.25x | 86.71x | 86.96x | 112.10x | 66.79x | 83.22x | 93.97x | 103.80x | 109.60x | 131.50x | 139.29x | 143.57x | 152.29x |
| Total Equity | 10.39B | 9.67B | 9.84B | 9.28B | 11.69B | 11.12B | 11.26B | 10.36B | 10.84B | 10B | 10.61B | 9.67B | 9.77B | 9.12B | 9.22B | 9.03B | 9.88B | 9.39B | 9.99B | 9.39B |
| Equity Growth % | -11.12% | -12.99% | -12.58% | -10.34% | 7.83% | 11.15% | 6.12% | 7.12% | 10.92% | 9.68% | 14.99% | 7.11% | -1.07% | -2.83% | -7.7% | -3.85% | 4.22% | -3.52% | -4.84% | -4.81% |
| Book Value per Share | 2.56 | 2.36 | 2.46 | 2.25 | 2.74 | 2.68 | 2.77 | 2.45 | 2.65 | 2.41 | 2.56 | 2.33 | 2.36 | 2.20 | 2.22 | 2.15 | 2.38 | 2.24 | 2.38 | 2.24 |
| Total Shareholders' Equity | 10.34B | 9.62B | 9.79B | 9.24B | 11.63B | 11.07B | 11.21B | 10.31B | 10.79B | 9.96B | 10.57B | 9.62B | 9.72B | 9.07B | 9.17B | 8.97B | 9.83B | 9.34B | 9.94B | 9.34B |
| Common Stock | 211.42M | 213.93M | 319M | 225.19M | 325M | 241.84M | 242.53M | 325M | 247.25M | 325M | 325M | 325M | 325M | 325M | 325M | 327M | 328M | 328M | 328M | 328M |
| Retained Earnings | 8.96B | 8.18B | 13.46B | 7.63B | 14.66B | 9.33B | 9.2B | 14.1B | 8.85B | 13.56B | 12.56B | 13.21B | 13.37B | 12.61B | 11.4B | 12.68B | 13.42B | 12.67B | 11.67B | 12.09B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 947.12M | 1.03B | 771M | 1.21B | 864M | 1.22B | 1.64B | -4.62B | 1.46B | -4.37B | 1.62B | -4.33B | -4.37B | -4.25B | 1.37B | -4.38B | -4.3B | -4.02B | 1.17B | -3.4B |
| Minority Interest | 48.63M | 55M | 54M | 47.51M | 53M | 46.64M | 45.04M | 49M | 49M | 41.85M | 41.37M | 51M | 51M | 52M | 52M | 51M | 49M | 50M | 53M | 52M |