Infosys Ltd (INFY) stock — is it a good business?

Infosys Ltd (INFY) stock — is it a good business? — InspectStocks

How it makes money

Financial services and insurance technology work28%
Manufacturing technology and engineering work16%
Energy, utilities and resources technology work13%
Retail and consumer business technology work13%
Communications, telecom and media technology work12%
Hi-tech company technology and engineering work8%

Shares of revenue are estimates for FY2026, not figures from a filing.

Competes with

ACNAccenture plc
A
Size
$153.5B
Margin
11.3%
TCSTata Consultancy Services Limited
CTSHCognizant Technology Solutions Corporation
B
Size
$28.8B
Margin
11.8%
WITWipro Limited
B
Size
$22.8B
Margin
14.2%

What it sells6

Infosys Topaz Fabric
Software that helps companies connect AI models, business data, applications and automated tasks, with controls for human review.
Infosys Finacle
Banking software used for tasks such as keeping account records, handling payments and supporting lending and digital banking.
Infosys Equinox
Software for companies to run online shopping and connect customer browsing, ordering, payment and delivery across sales channels.

Show 3 more

Infosys Helix
Software for U.S. health insurers to manage administrative work such as enrollment, claims and billing.
Infosys McCamish
Software and related services that help insurance companies administer life insurance, annuities, workplace benefits and retirement plans.
Panaya
Online software that helps companies test changes to business applications and see which parts of their systems may be affected.

Who buys it6

Banks, insurers and other financial companies, which hire Infosys for software, system modernization and ongoing technology work.
Manufacturers, which hire it for business systems, product engineering and connected-device work.
Energy and utility companies, which hire it to update and operate technology systems and business software.

Show 3 more

Retailers and consumer goods companies, which hire it for online shopping, customer systems and supply-chain technology.
Telecommunications and media companies, which hire it for network and software work.
Technology, health care, life sciences and public-sector organizations, which hire it for consulting and technology services.

What it stands on, and what could break it

What the business leans on

1The business relies on a large workforce of technology professionals and its ability to hire, train and retain people with needed skills.
2It depends on customers continuing to fund technology projects and renew or extend work; its five largest clients together contributed 12.9% of revenue (FY2026, high).
3Many client projects use technologies from outside companies, including cloud providers, software vendors and AI companies.
4Its ability to send employees to client locations in other countries depends in part on visas and work permits.

What could go wrong

1If customers cut technology spending, delay projects or end contracts, Infosys can lose work; revenue also depends on a limited number of large clients, and the amount of work from individual clients can change from year to year.
2AI and other technology changes may make existing services less valuable or reduce the amount of work customers pay for, while competitors and specialized firms compete for projects and pricing.
3Infosys depends on skilled employees and cross-border work permissions; immigration restrictions can disrupt staffing, and the U.S. Department of Justice is investigating how certain H-1B visa employees were classified in immigration filings.

Full financial statements →

About Infosys Ltd

Infosys advises companies on how to use technology and then builds, updates and runs their software and computer systems. Its work includes cloud-computing services, cybersecurity, software development and business-process services. It also sells software for banking, insurance, online shopping and employee learning. Its artificial intelligence (AI) work includes helping clients prepare data, update older systems and automate business tasks.

Head office: Bengaluru, India
Founded: 1981
Employees: 328,594 (March 31, 2026, high)
Listed on: New York Stock Exchange
Financial year ends: March 31

Built from Infosys Ltd’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Infosys is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Information Technology Services

Graded A or B and worth $2B or more: A first, then the largest.

All 73 graded companies in its industry

Grade rose recently in Technology

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Financial services and insurance technology work28%
Manufacturing technology and engineering work16%
Energy, utilities and resources technology work13%
Retail and consumer business technology work13%
Communications, telecom and media technology work12%
Hi-tech company technology and engineering work8%

Shares of revenue are estimates for FY2026, not figures from a filing.

Competes with

ACNAccenture plc
A
Size
$153.5B
Margin
11.3%
TCSTata Consultancy Services Limited
CTSHCognizant Technology Solutions Corporation
B
Size
$28.8B
Margin
11.8%
WITWipro Limited
B
Size
$22.8B
Margin
14.2%

What it sells6

Infosys Topaz Fabric
Software that helps companies connect AI models, business data, applications and automated tasks, with controls for human review.
Infosys Finacle
Banking software used for tasks such as keeping account records, handling payments and supporting lending and digital banking.
Infosys Equinox
Software for companies to run online shopping and connect customer browsing, ordering, payment and delivery across sales channels.

Show 3 more

Infosys Helix
Software for U.S. health insurers to manage administrative work such as enrollment, claims and billing.
Infosys McCamish
Software and related services that help insurance companies administer life insurance, annuities, workplace benefits and retirement plans.
Panaya
Online software that helps companies test changes to business applications and see which parts of their systems may be affected.

Who buys it6

Banks, insurers and other financial companies, which hire Infosys for software, system modernization and ongoing technology work.
Manufacturers, which hire it for business systems, product engineering and connected-device work.
Energy and utility companies, which hire it to update and operate technology systems and business software.

Show 3 more

Retailers and consumer goods companies, which hire it for online shopping, customer systems and supply-chain technology.
Telecommunications and media companies, which hire it for network and software work.
Technology, health care, life sciences and public-sector organizations, which hire it for consulting and technology services.