Infosys Q4 FY26 results: EPS up 15%, revenue $5.04B

The quarter in focus

Infosys announced its results for the fourth quarter and year ended March 31, 2026, on Thursday, April 23, 2026. The company reported a quarter that exceeded consensus expectations on both earnings and revenue, according to figures cited alongside Zacks estimates. For investors tracking large-cap Indian IT services, the Q4 print matters because it provides a fresh read on demand, pricing, and profitability in a period where clients have remained selective on spending. The results also offer a reference point for how the company is managing margins while delivering growth. Infosys is one of India’s largest IT services exporters, and its quarterly numbers are widely watched across the sector. The headline takeaway in Q4 FY26 was higher earnings per share and revenue growth year over year. Along with revenue and EPS, the quarter showed a reported improvement in gross margin.

Earnings beat: adjusted EPS at 23 cents

Infosys reported adjusted earnings of 23 cents per share for the fiscal fourth quarter. This was above the Zacks Consensus Estimate of 20 cents per share. The company’s bottom line increased 15% year over year, as stated in the provided results summary. In a separate profit disclosure in the same context, Infosys reported fiscal fourth-quarter profit of $119 million. The profit figure aligns with the reported per-share profit of 23 cents per share for the quarter. The release framed the outcome as surpassing expectations, with analysts surveyed by Zacks looking for 20 cents per share. This beat adds to Infosys’ recent pattern of performance against consensus estimates.

Revenue print: $1.04 billion, up 6.6% YoY

Infosys posted revenue of $1.04 billion in the fourth quarter. The revenue figure was also described as topping Street forecasts, with Zacks-cited expectations at $1.02 billion. On a year-over-year basis, revenue increased 6.6%, as stated in the quarter summary. The combination of higher revenue and higher EPS indicates that profitability did not come at the cost of growth during the quarter. The figures also provide a clean comparison point for tracking demand conditions in enterprise technology services. While the text includes broader commentary on what markets watch in an Infosys results season, the Q4 FY26 release itself was anchored on the beat versus consensus for both key lines. Infosys’ quarterly revenue base remains large enough that even small percentage changes are meaningful in absolute terms.

Gross profit and margin expansion

Beyond the headline revenue and EPS, the quarter included a clear profitability datapoint on gross profit and gross margin. Gross profits increased 8.9% year over year to approximately $1.55 billion. Gross margin expanded 70 basis points year over year to 30.9%. Margin expansion is closely tracked in IT services because it reflects the balance between pricing, utilisation, delivery mix, and wage costs. The reported increase in gross margin suggests that cost control or delivery efficiencies contributed positively in Q4 FY26. At the same time, the gross profit growth outpaced revenue growth, consistent with margin improvement. These figures provide an additional layer of detail beyond operating or net profit, since gross margin reflects the profitability of delivery before other operating costs.

How the results compared with consensus trends

The Q4 FY26 beat also fits into a longer streak of outcomes versus consensus. In the trailing four quarters, Infosys’ earnings beat the Zacks Consensus Estimate twice and matched twice, with an average surprise of 10%. That history matters because it shapes how investors interpret management commentary and forward indicators around demand. A consistent record of meeting or exceeding consensus can reduce the range of surprise risk around quarterly results. But it also raises expectations for execution, especially for large-cap IT where growth can be incremental. The Q4 FY26 results added another quarter where reported numbers came in ahead of estimates on key metrics.

Full-year FY26 snapshot

Infosys also reported full-year figures in the same set of disclosures. For the year, the company reported profit of $1.31 billion, or 80 cents per share. Revenue for the year was reported as $10.16 billion. These numbers help frame Q4 performance within the broader year and provide a base for comparing annual scale. Full-year revenue at $10.16 billion underscores the size of Infosys’ global delivery operations and enterprise client exposure. Full-year profit of $1.31 billion provides context for net earnings power across cycles.

What markets typically watch around Infosys results

The provided text also reflected what investors and brokerages commonly focus on during Infosys results. It noted that investor attention typically centres on outlook, deal momentum, and commentary on discretionary spending amid global uncertainty. It also referenced brokerage projections in some previews, including expectations of constant currency revenue growth ranges and margin ranges, though these were framed as projections rather than company-reported guidance in the Q4 FY26 result excerpt. Such focus areas remain relevant because large-cap IT performance is shaped by deal conversion, client budgets, and delivery efficiency. In quarters where growth rates moderate, management commentary and pipeline indicators often matter as much as the reported quarter. However, the confirmed Q4 FY26 figures in the release were the beats on EPS and revenue, and the improvement in gross margin.

Key numbers at a glance

Market impact and why this quarter matters

The immediate takeaway from Q4 FY26 is that Infosys delivered a clean beat on the two most-watched lines: EPS and revenue. Revenue of $1.04 billion, above the expected $1.02 billion, signals that the quarter’s topline held up better than consensus had pencilled in. The 15% year-over-year rise in EPS, alongside gross margin expansion to 30.9%, indicates that profitability improved even as the company scaled revenue. For sector watchers, gross margin improvement is a useful datapoint because it can reflect delivery efficiency and cost discipline. The reported $119 million profit figure adds detail on the size of quarterly earnings in absolute terms. For long-only investors and institutions, the combination of growth and margin improvement can affect how Infosys is evaluated relative to other tier-1 IT services firms reporting around the same period.

Conclusion

Infosys’ Q4 FY26 results for the period ended March 31, 2026 showed adjusted EPS of 23 cents and revenue of $1.04 billion, both above consensus estimates, while gross margin expanded to 30.9%. The company reported fiscal fourth-quarter profit of $119 million and full-year FY26 revenue of $10.16 billion with profit of $1.31 billion. With results announced on April 23, 2026, the next key cues for investors are expected to come from subsequent management commentary and future outlook disclosures in upcoming reporting cycles.