Infosys reports AI revenue at 10.5% of Q2 sales, up 29% quarter‑on‑quarter
Infosys posted Q2 revenue of $5,145 million for the quarter ended September 30, 2026, with a 21.0% operating margin. AI‑related revenue represented 10.5% of total sales and grew 29% from the prior quarter, according to CEO Salil Parekh. The company also secured large‑deal contracts worth $5.2 billion, 62% of which were net new, including a mega deal exceeding $2 billion.
Key points
- AI revenue made up 10.5% of Q2 revenue and rose 29% quarter‑on‑quarter, CEO Salil Parekh said
- Large‑deal wins totalled $5.2 billion, 62% net new, including a mega deal of over $2 billion
- Free cash flow was $928 million, down 15.7% YoY, but covered 113.3% of net profit
Free cash flow fell to $928 million, a 15.7% year‑on‑year decline, but still covered 113.3% of net profit. Infosys revised its FY 2027 revenue outlook to 1%‑2% growth in constant currency and kept its operating‑margin target of 20%‑22%. The board approved an interim dividend of 26 rupees per share, a 13% increase from the prior year. The quarter saw new client engagements with Crocs, Mondelez International, Knorr‑Bremse, Metsä Group, NTN Corporation, Telia, KnitWell Group and Investec, among others.
Parekh: AI Now Delivers 10.5% of Infosys Q2 Revenue, Up 29% Sequentially
Unite.AI · 23 October 2026
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