Infosys Limited (INFY) quarterly cash flow statement — complete operating, investing & financing history
Infosys Limited (INFY) cash flow statement — 28-year operating, investing & financing cash flows
| 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 |
|---|
| Cash from Operations | 1.03B | 1.05B | 937M | 962M | 1.16B | 983M | 976M | 1.36B | 927.29M | 1.15B | 914M | 707M | 756.12M | 831.09M | 808M | 644M | 656M | 745M | 845M | 786M |
| Operating CF Margin % | 20.03% | 20.7% | 18.59% | 18.87% | 22.79% | 19.89% | 20.63% | 27.6% | 18.95% | 24.4% | 20.02% | 15.16% | 16.03% | 18% | 17.74% | 13.82% | 14.4% | 16.76% | 19.74% | 18.49% |
| Operating CF Growth % | -10.81% | 7.01% | -4% | -29.42% | 24.77% | -14.52% | 6.78% | 92.78% | 22.64% | 38.37% | 13.12% | 9.78% | 15.26% | 11.56% | -4.38% | -18.07% | -16.11% | -20.06% | -0.94% | -5.19% |
| Net Income | 818.51M | 820.46M | 920M | 747M | 840M | 809M | 814M | 805.98M | 776.61M | 763M | 960M | 734M | 751.38M | 723.3M | 745M | 800M | 749M | 689M | 753M | 776M |
| Depreciation & Amortization | 142.19M | 131M | 154M | 130M | 135M | 133M | 150M | 142.46M | 138.47M | 137.74M | 140M | 141M | 141.03M | 142.71M | 136M | 137M | 128M | 123M | 118M | 120M |
| Stock-Based Compensation | 0 | 0 | 28M | 26M | 26M | 28M | 23M | 0 | 0 | 25M | 27M | 18M | 16M | 18M | 16M | 14M | 17M | 17M | 15M | 13M |
| Deferred Taxes | 0 | 0 | 248M | 288M | 325M | 0 | 304M | 0 | 0 | 0 | 273M | 301M | 0 | 0 | 283M | 285M | 295M | 279M | 245M | 283M |
| Other Non-Cash Items | 116.96M | 166.81M | -281M | -330M | -67M | 62M | -386M | 316.21M | 93.91M | 383.22M | -502M | -267M | -1.03M | 213.16M | -308M | -220M | -362M | -166M | -264M | -291M |
| Working Capital Changes | -45.74M | -66.32M | -132M | 101M | -102M | -49M | 71M | 98.3M | -81.7M | -158.96M | 16M | -220M | -151.26M | -266.08M | -64M | -372M | -171M | -197M | -22M | -115M |
| Change in Receivables | -122.63M | 88.5M | 34M | -111M | -279M | -227M | 129M | -12.04M | -267.48M | -60M | 107M | -216M | -200.21M | -12.29M | 40M | -301M | -290M | -324M | -247M | -416M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.69M | -39.39M | -64M | 113M | 27M | 0 | 58M | -19.82M | 14.89M | -32.49M | 16M | 75M | -67.32M | -12.9M | -115M | 81M | 23M | -24M | 50M | 103M |
| Cash from Investing | -658.16M | 143.52M | -719M | 868M | -630M | 491M | -762M | -85.93M | -97.43M | 529M | -667M | 24M | -270.39M | 146M | 224M | 325M | -488M | -279M | -607M | -196M |
| Capital Expenditures | -84.52M | -81.95M | -104M | -47M | -56M | -99M | -84M | -65.12M | -61.3M | -54.54M | -66M | -42M | -59.46M | -98.18M | -95M | -68M | -67M | -89M | -84M | -67M |
| CapEx % of Revenue | 1.64% | 1.61% | 2.06% | 0.92% | 1.1% | 2% | 1.78% | 1.32% | 1.25% | 1.16% | 1.45% | 0.9% | 1.26% | 2.13% | 2.09% | 1.46% | 1.47% | 2% | 1.96% | 1.58% |
| Acquisitions | -1.6M | -341.32M | 0 | 0 | -2M | -75M | 0 | 449.56K | -362.69M | -14.86M | 12M | -5M | -7.16M | 0 | 8M | -1M | -83M | -37M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 255.39K | -27.46M | 18M | 25M | 26M | 665M | 14M | -19.45M | -315K | 10.05M | 5M | 42M | 82.4K | 15.33M | 89M | -44M | 34M | 13M | 28M | 32M |
| Cash from Financing | -87.85M | -1.26B | -90M | -3.15B | -93M | -1.15B | -76M | -1.13B | -1.6B | -83M | -99M | -985M | -950.26M | -78.72M | -979M | -1.37B | -46M | -896M | -49M | -870M |
| Debt Issued (Net) | -92M | -99M | -87M | -72M | -77M | -82M | -66M | 140.35K | -73M | -69M | -71M | -62M | -58M | -54M | -44M | -40M | -36M | -31M | -39M | -29M |
| Equity Issued (Net) | 104.45K | 105.61K | -1M | -2B | -403 | 116.84K | 110.58K | 238.63K | -622 | 359.63K | 2M | -2.06M | 120.74K | 243.33K | -923M | -489.92M | 631.4K | 259.04K | 3.32M | 6.77M |
| Dividends Paid | 5.86M | -1.07B | 0 | -1.07B | -1M | -1.06B | 30.13M | -1.04B | -1.39B | 0 | 1.34M | -894M | -879.22M | -121.66K | 14.54M | -841M | 15.65M | -856M | 3.11M | -842M |
| Share Repurchases | 0 | 0 | -1M | -2B | 0 | 0 | 0 | 0 | 0 | 0 | 2M | -2.18M | 0 | 0 | -923M | -491.91M | 0 | 0 | 2.38M | 6.1M |
| Other Financing | -1.81M | -89.93M | -2M | -5M | -15M | -6.12M | -40.24M | -92.42M | -136.04M | -14.36M | -31.34M | -26.94M | -13.16M | -24.84M | -26.54M | 3.92M | -26.28M | -9.26M | -16.42M | -5.77M |
| Net Change in Cash | 254.39M | -388.26M | 125M | -1.37B | 383M | 341M | 198M | 62.32M | -763.38M | 1.59B | 133M | -252M | -493.58M | 618.85M | 80M | -427M | 57M | -534M | 160M | -287M |
| Free Cash Flow | 947.4M | 970M | 833M | 915M | 1.1B | 884M | 892M | 1.3B | 866M | 1.09B | 848M | 665M | 696.66M | 732.91M | 713M | 576M | 589M | 656M | 761M | 719M |
| FCF Margin % | 18.39% | 19.09% | 16.53% | 17.94% | 21.69% | 17.89% | 18.86% | 26.28% | 17.7% | 23.21% | 18.58% | 14.26% | 14.77% | 15.87% | 15.65% | 12.36% | 12.93% | 14.76% | 17.78% | 16.92% |
| FCF Growth % | -13.95% | 9.73% | -6.61% | -29.5% | 27.14% | -19.2% | 5.19% | 95.16% | 24.31% | 49.27% | 18.93% | 15.45% | 18.28% | 11.72% | -6.31% | -19.89% | -17.28% | -23.99% | -4.76% | -6.87% |
| FCF per Share | 0.23 | 0.24 | 0.21 | 0.22 | 0.26 | 0.21 | 0.22 | 0.31 | 0.21 | 0.26 | 0.20 | 0.16 | 0.17 | 0.18 | 0.17 | 0.14 | 0.14 | 0.16 | 0.18 | 0.17 |
| FCF Conversion (FCF/Net Income) | 1.26x | 1.28x | 1.02x | 1.29x | 1.38x | 1.22x | 1.20x | 1.70x | 1.19x | 1.51x | 0.95x | 0.96x | 1.01x | 1.15x | 1.09x | 0.81x | 0.88x | 1.08x | 1.12x | 1.02x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |