Infosys Reports Strong FY26 Results with $14.9 Billion in Large Deals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy INFY?
Source: Newsfilter
- Performance Growth: Infosys reported FY26 revenues of $20.158 billion, reflecting a 3.1% growth in constant currency, which underscores its strong competitive position in the AI sector and is expected to drive future revenue growth.
- Healthy Cash Flow: The company generated $3.733 billion in free cash flow for FY26, achieving a cash flow conversion rate of 112.6%, providing a solid foundation for future investments and shareholder returns.
- Large Deal Success: Infosys secured a total contract value (TCV) of $14.9 billion in FY26, with a net new contract rate of 55%, indicating significant market share gains in large transformation projects and enhancing its leadership position in the industry.
- Future Outlook: The guidance for FY27 indicates expected revenue growth of 1.5%-3.5% and an operating margin target of 20%-22%, reflecting the company's robust financial strategy and growth potential amidst an uncertain macro environment.
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Analyst Views on INFY
Wall Street analysts forecast INFY stock price to rise
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 12.570
Low
17.00
Averages
18.95
High
22.80
Current: 12.570
Low
17.00
Averages
18.95
High
22.80
About INFY
Infosys Limited is an India-based company which provides digital services and consulting. The Company enables clients in approximately 63 countries to navigate their digital transformation powered by cloud and artificial intelligence (AI). Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments. The Company's solutions have been primarily classified as digital and core. Its digital solutions include experience, insight, innovate, accelerate, and assure. Its experience solutions include Infosys Aster, Digital Marketing, Digital Commerce and Infosys Metaverse Foundry. Its insight solutions include Infosys Topaz, Infosys Generative AI Labs, Data Analytics and AI, Infosys Sustainability Services and Applied AI. Its core solutions include application management services, proprietary application development services, traditional enterprise application implementation and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Recognition for Excellence: The company has been acknowledged as a top three 'Exceptional Performer' in both overall financial services and cloud infrastructure services, reflecting its ongoing commitment to meeting client needs and driving innovation.
- Client Feedback Driven: The Whitelane study surveyed nearly 600 participants from Europe's top IT spending financial services organizations, evaluating over 1,500 IT sourcing relationships, highlighting Infosys's excellence in service delivery quality and account management.
- Strategic Investment and Innovation: Through its AI-first Topaz and Cobalt services, Infosys is helping financial institutions modernize securely, improve resilience, and accelerate innovation, demonstrating its leadership in digital transformation.
See More
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- Industry Leadership: Infosys has been ranked as the top IT services provider for 'Financial Services - Banking' in the 2025/2026 Whitelane Research study, showcasing its strong competitive edge and client satisfaction in the financial services market.
- Recognition for Excellence: The company has been acknowledged as a top three 'Exceptional Performer' in both overall financial services and cloud & infrastructure services, reflecting its ongoing commitment to meeting client needs and delivering high-quality services.
- AI-Driven Innovation: Through Infosys Topaz, the company leverages generative and agentic AI technologies to help global enterprises unlock AI value at scale, drive innovation, and deliver tangible business outcomes, further solidifying its market leadership.
- Client Feedback Validation: The Whitelane study, based on feedback from nearly 600 participants, emphasizes Infosys's exceptional performance in service delivery, account management, and transformation capabilities, indicating a clear focus on client outcomes in a rapidly evolving market.
See More
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- Industry Leadership: Infosys has been ranked as the top IT services provider in the European financial services sector in the 2025/2026 Whitelane Research, achieving an 83% customer satisfaction score in banking, which is a 3 percentage point improvement from 2024/2025, indicating significant enhancement in client satisfaction and market trust.
- Recognition for Excellence: Infosys has been acknowledged as one of the top three 'Exceptional Performers' in both overall financial services and cloud & infrastructure services, reflecting its sustained high satisfaction levels in client feedback and further solidifying its position in a competitive market.
- Nordic Market Advantage: In the Nordic financial services sector, Infosys secured the top ranking in customer satisfaction, demonstrating strong client recognition of its service quality and execution capabilities, thereby enhancing its competitive edge in the region.
- Cloud Services Leadership: Infosys has been recognized as a leading service provider in cloud and infrastructure services, emphasizing its capabilities in data center maintenance, integration, and support, which highlights its strategic importance in driving enterprise cloud adoption.
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