Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
Infosys reported Q1 revenues of $5.08 billion with an 8.2% contribution from AI-related services. The company maintained its operating margin at 21.1% and secured $3.6 billion in large deal wins.
Why it matters
As a major global IT services firm, Infosys' performance serves as a bellwether for the broader tech consulting sector and the real-world adoption of enterprise AI.
Strong Large Deal Wins at $3.6 Billion with 61% Net New; Robust Free Cash Flow of $0.96 Billion
FY27 Revenue Guidance Revised to 1.5%-3.0%, Margin guidance Retained at 20%-22%
BENGALURU, India , July 23, 2026 /PRNewswire/ - Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,082 million in Q1 revenues, year on year growth of 2.4% and sequential growth of 1.0% in constant currency. Operating margin was at 21.1%, sequential increase of 0.2%. EPS growth was 14.9% year on year in rupee terms. TCV of large deal wins was $3.6 billion, with 61% net new.
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