/

Company exports

Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.

CSV downloads

Robotics·INFY

Infosys Limited

NYSE · US

Global IT services and consulting company.

AI relevance

Automation, AI services, and systems-integration exposure adjacent to robot fleet deployment.

Robotics Honorable

Price

$10.57

Change

-1.13 (-9.66%)

Market cap

$42.9B

52w range

$10–$30

Exchange

NYSE

Country

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

Subscribe to Jason's Chips Sign in

Price chart

INFY market performance

Daily close for Infosys Limited

Latest close: $10.57
Range move: -$7.86 (-42.6%)
Range high: $20.22
Range low: $10.57
Latest volume: 63.6M
Source: FMP EOD

Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

76 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download

StreetHold

Analyst expectations

Consensus target

$16.90

+59.9%

Target range

$14.31 - $20.00

Rating mix

Hold

40 ratings

Next FY revenue

$20.58B

2027-03-31

Next FY EPS

$0.82

$0.81 - $0.83

Rating consensus40 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2027-03-31	$20.58B	$19.80B - $20.92B	$0.82	$0.81 - $0.83	$5.43B	$4.84B	$3.28B	$1.88B	32 rev / 16 EPS
2028-03-31	$21.62B	$21.03B - $22.01B	$0.87	$0.86 - $0.89	$5.71B	$5.08B	$3.49B	$1.97B	32 rev / 16 EPS
2029-03-31	$22.64B	$22.63B - $22.66B	$0.91	$0.86 - $0.94	$5.98B	$5.32B	$3.68B	$2.07B	19 rev / 15 EPS
2030-03-31	$24.84B	$23.67B - $25.85B	$0.99	$0.93 - $1.04	$6.56B	$5.84B	$3.95B	$2.27B	9 rev / 6 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$5.11B	$5.08B - $5.14B	$0.20	$0.19 - $0.21	$1.35B	$1.20B	$806.6M	$466.0M	7 rev / 4 EPS
2026-09-30	$5.24B	$5.21B - $5.27B	$0.21	$0.19 - $0.21	$1.38B	$1.23B	$829.6M	$478.6M	7 rev / 5 EPS
2026-12-31	$5.26B	$4.99B - $5.38B	$0.21	$0.19 - $0.21	$1.39B	$1.24B	$828.7M	$480.0M	4 rev / 1 EPS
2027-03-31	$5.20B	$4.93B - $5.32B	$0.21	$0.19 - $0.21	$1.37B	$1.22B	$828.1M	$474.4M	4 rev / 1 EPS
2027-06-30	$5.31B	$5.04B - $5.43B	$0.21	$0.20 - $0.22	$1.40B	$1.25B	$856.3M	$484.4M	3 rev / 1 EPS
2027-09-30	$5.43B	$5.15B - $5.56B	$0.22	$0.21 - $0.23	$1.43B	$1.28B	$888.0M	$495.7M	3 rev / 1 EPS
2027-12-31	$5.40B	$5.12B - $5.53B	$0.22	$0.20 - $0.23	$1.43B	$1.27B	$877.4M	$493.0M	3 rev / 1 EPS
2028-03-31	$5.39B	$5.11B - $5.51B	$0.22	$0.21 - $0.23	$1.42B	$1.27B	$894.4M	$491.5M	2 rev / 2 EPS

Price target history

Window	Targets	Average target
Last month	0	$0.00
Last quarter	2	$15.00
Last year	8	$16.55
All time	24	$19.96

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0

Latest grade actions

Date	Firm	Action	Previous	New
2026-04-24	Susquehanna	Maintain	Neutral	Neutral
2026-04-24	BMO Capital	Maintain	Market Perform	Market Perform
2026-04-14	Susquehanna	Maintain	Neutral	Neutral
2026-04-06	TD Cowen	Maintain	Hold	Hold
2026-02-18	Stifel	Maintain	Hold	Hold
2026-01-15	Stifel	Maintain	Hold	Hold
2026-01-15	BMO Capital	Maintain	Market Perform	Market Perform
2026-01-15	TD Cowen	Maintain	Hold	Hold

Historical rating snapshots

Date	Strong buy	Buy	Hold	Sell	Strong sell
2026-06-01	3	2	8	1	0
2026-05-01	3	2	7	1	0
2026-04-01	3	2	8	1	0
2026-03-01	3	2	9	1	0
2026-02-01	2	4	9	1	0
2026-01-01	2	4	8	2	1
2025-12-01	2	4	8	1	1
2025-11-01	2	4	8	1	0

FinancialsFY 2026

Financials

Revenue

$20.16B

Gross margin

30.2%

Operating income

$4.08B

Free cash flow

$3.73B

Cash + ST investments

$3.75B

Net debt

-$1.37B

ROE

33.9%

ROIC

26.7%

EV / sales

2.6x

EV / EBITDA

10.3x

R&D / revenue

0.0%

Current ratio

2.0x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2026	$20.16B	$6.08B	30.2%	$0	$4.08B	$5.11B	$3.31B	$0.83
FY 2025	$19.28B	$5.87B	30.5%	$0	$4.07B	$5.07B	$3.16B	$0.76
FY 2024	$18.56B	$5.59B	30.1%	$0	$3.83B	$4.97B	$3.17B	$0.77
FY 2023	$18.21B	$5.50B	30.2%	$0	$3.83B	$4.71B	$2.98B	$0.71
FY 2022	$16.31B	$5.32B	32.6%	$0	$3.75B	$4.53B	$2.96B	$0.70
FY 2021	$13.56B	$4.73B	34.9%	$0	$3.33B	$4.05B	$2.61B	$0.61
FY 2020	$12.78B	$4.23B	33.1%	$0	$2.72B	$3.13B	$2.33B	$0.55
FY 2019	$11.80B	$4.11B	34.9%	$0	$2.70B	$3.29B	$2.20B	$0.51
FY 2018	$10.94B	$3.94B	36.0%	$0	$2.66B	$2.94B	$2.49B	$0.55
FY 2017	$10.21B	$3.76B	36.9%	$0	$2.52B	$2.77B	$2.14B	$0.47
FY 2016	$9.50B	$3.55B	37.4%	$0	$2.38B	$2.59B	$2.05B	$0.45
FY 2015	$8.71B	$3.34B	38.3%	$0	$2.26B	$2.26B	$2.01B	$0.44

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2026	$4.04B	$306.0M	$3.73B
FY 2025	$4.35B	$263.0M	$4.09B
FY 2024	$3.15B	$266.0M	$2.88B
FY 2023	$2.85B	$319.0M	$2.53B
FY 2022	$3.35B	$290.0M	$3.06B
FY 2021	$3.26B	$285.0M	$2.97B
FY 2020	$2.61B	$465.0M	$2.15B
FY 2019	$2.26B	$349.0M	$1.91B
FY 2018	$2.26B	$310.0M	$1.95B
FY 2017	$2.10B	$411.0M	$1.69B
FY 2016	$1.86B	$413.0M	$1.45B
FY 2015	$1.76B	$367.0M	$1.39B

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2026	$3.75B	$6.19B	$0	$2.06B	$16.45B	$967.0M	-$1.37B	$6.61B	$9.79B
FY 2025	$4.51B	$5.96B	$0	$2.24B	$17.42B	$962.0M	-$1.90B	$6.17B	$11.21B
FY 2024	$3.35B	$6.52B	$0	$2.32B	$16.52B	$1.00B	-$771.0M	$5.92B	$10.56B
FY 2023	$2.36B	$5.45B	$0	$2.52B	$15.31B	$1.01B	-$471.0M	$6.09B	$9.17B
FY 2022	$3.23B	$4.87B	$0	$2.43B	$15.55B	$722.0M	-$1.58B	$5.56B	$9.94B
FY 2021	$3.75B	$4.06B	$0	$2.52B	$14.82B	$728.0M	-$2.65B	$4.32B	$10.44B
FY 2020	$3.08B	$3.38B	$0	$2.36B	$12.26B	$612.0M	-$1.85B	$3.56B	$8.65B
FY 2019	$3.79B	$2.92B	$0	$1.93B	$12.25B	$0	-$2.83B	$2.85B	$9.39B
FY 2018	$4.02B	$2.67B	$0	$1.86B	$12.26B	$0	-$3.04B	$2.29B	$9.96B
FY 2017	$5.03B	$2.46B	$0	$1.81B	$12.85B	$0	-$3.49B	$2.22B	$10.64B
FY 2016	$4.95B	$2.17B	$0	$1.59B	$11.38B	$0	-$4.93B	$2.05B	$9.32B
FY 2015	$5.00B	$2.01B	$0	$1.46B	$10.62B	$0	-$4.86B	$1.85B	$8.76B

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2026	30.2%	20.3%	16.4%	2.0x	2.0x	33.9%	26.7%	2.6x	10.3x	6.9%	0.0%	99d
FY 2025	30.5%	21.1%	16.4%	2.3x	2.3x	28.2%	22.8%	3.8x	14.5x	5.4%	0.0%	100d
FY 2024	30.1%	20.7%	17.1%	2.3x	2.3x	30.0%	23.1%	3.9x	14.5x	4.0%	0.0%	115d
FY 2023	30.2%	21.0%	16.4%	1.8x	1.8x	32.5%	25.9%	4.0x	15.4x	3.5%	0.0%	96d
FY 2022	32.6%	23.0%	18.2%	2.0x	2.0x	29.8%	24.6%	6.3x	22.8x	2.9%	0.0%	91d
FY 2021	34.9%	24.5%	19.3%	2.5x	2.5x	25.0%	20.8%	5.7x	18.9x	3.7%	0.0%	94d
FY 2020	33.1%	21.3%	18.2%	2.6x	2.6x	27.0%	21.5%	2.6x	10.6x	6.1%	0.0%	80d
FY 2019	34.9%	22.8%	18.6%	2.8x	2.8x	23.4%	20.7%	3.8x	13.8x	4.0%	0.0%	78d
FY 2018	36.0%	24.3%	22.7%	3.5x	3.5x	25.0%	20.8%	3.3x	12.5x	4.9%	0.0%	82d
FY 2017	36.9%	24.7%	21.0%	3.8x	3.8x	20.1%	17.0%	3.2x	11.8x	4.7%	0.0%	83d
FY 2016	37.4%	25.0%	21.6%	3.9x	3.9x	22.0%	18.2%	4.1x	14.9x	3.3%	0.0%	80d
FY 2015	38.3%	25.9%	23.1%	4.1x	4.1x	23.0%	18.3%	4.0x	15.6x	3.5%	0.0%	83d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2026	+4.6%	+3.5%	0.0%	+0.3%	+4.9%	+9.2%	-8.7%	-16.3%	-16.8%	0.0%	-5.6%	+0.5%
FY 2025	+3.9%	+5.1%	0.0%	+6.2%	-0.2%	-1.3%	+41.8%	+1.1%	+34.7%	0.0%	+5.4%	-4.0%
FY 2024	+1.9%	+1.5%	0.0%	+0.2%	+6.2%	+8.5%	+13.7%	+16.6%	+41.9%	0.0%	+7.9%	-0.8%
FY 2023	+11.7%	+3.5%	0.0%	+1.9%	+0.6%	+1.4%	-17.1%	-10.0%	-26.9%	0.0%	-1.6%	+39.9%
FY 2022	+20.3%	+12.3%	0.0%	+12.9%	+13.4%	+14.8%	+2.8%	-1.8%	-13.9%	0.0%	+4.9%	-0.8%
FY 2021	+6.1%	+11.9%	0.0%	+22.1%	+12.1%	+10.9%	+38.5%	+38.7%	+21.6%	0.0%	+20.9%	+19.0%
FY 2020	+8.3%	+2.8%	0.0%	+1.0%	+6.0%	+7.8%	+12.2%	-33.2%	-18.5%	0.0%	+0.1%	0.0%
FY 2019	+7.9%	+4.4%	0.0%	+1.4%	-11.5%	-7.3%	-1.7%	-12.6%	-5.9%	0.0%	-0.0%	0.0%
FY 2018	+7.2%	+4.7%	0.0%	+5.5%	+16.2%	+17.0%	+15.3%	+24.6%	-20.0%	0.0%	-4.7%	0.0%
FY 2017	+7.4%	+5.9%	0.0%	+6.1%	+4.3%	+4.4%	+16.5%	+0.5%	+1.6%	0.0%	+13.0%	0.0%
FY 2016	+9.1%	+6.4%	0.0%	+5.2%	+1.9%	+2.3%	+4.3%	-12.5%	-1.1%	0.0%	+7.2%	0.0%
FY 2015	+5.6%	+12.9%	0.0%	+14.1%	+15.0%	+15.8%	-10.5%	+18.6%	+3.3%	0.0%	+11.5%	0.0%

SegmentsFY 2026

Revenue Mix

Period	Total	Software Services	Software Products And Platforms	Software Products
FY 2026	$20.16B	$19.20B	$962.0M	--
FY 2025	$19.28B	$18.38B	$898.0M	--
FY 2024	$18.56B	$17.55B	$1.01B	--
FY 2023	$18.21B	$17.07B	$1.14B	--
FY 2022	$16.31B	$15.22B	$1.09B	--
FY 2021	$13.56B	$12.60B	$957.0M	--
FY 2020	$12.78B	--	$12.00B	$777.0M
FY 2019	$11.80B	--	$11.18B	$615.0M
FY 2018	$10.94B	$10.62B	--	$320.0M

Period	Total	North America	Europe	Rest Of World	INDIA
FY 2026	$20.16B	$11.30B	$6.48B	$1.80B	$576.0M
FY 2025	$19.28B	$11.17B	$5.75B	$1.77B	$593.0M
FY 2024	$18.56B	$11.16B	$5.11B	$1.82B	$469.0M
FY 2023	$17.73B	$11.26B	$4.67B	$1.80B	--
FY 2022	$15.83B	$10.07B	$4.04B	$1.73B	--
FY 2021	$13.17B	$8.32B	$3.28B	$1.57B	--
FY 2020	$12.45B	$7.86B	$3.08B	$1.51B	--
FY 2019	$11.51B	$7.14B	$2.85B	$1.52B	--
FY 2018	$10.94B	$6.61B	$2.60B	$1.39B	$346.0M

Transcripts

Events

Next earnings

2026-07-23EPS est $0.21

Recent filings

20-F2026-06-15
6-K2026-06-01
6-K2026-05-29

Latest news

TCS, Infosys lead Indian IT rout as Accenture sparks demand fears
Invezz · 2026-06-19
INFY Fairly Valued by DCF at $11
GuruFocus · 2026-06-17

Analyst expectations

Consensus target

$16.90

+59.9%

Target range

$14.31 - $20.00

Rating mix

Hold

40 ratings

Next FY revenue

$20.58B

2027-03-31

Next FY EPS

$0.82

$0.81 - $0.83

Rating consensus40 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2027-03-31	$20.58B	$19.80B - $20.92B	$0.82	$0.81 - $0.83	$5.43B	$4.84B	$3.28B	$1.88B	32 rev / 16 EPS
2028-03-31	$21.62B	$21.03B - $22.01B	$0.87	$0.86 - $0.89	$5.71B	$5.08B	$3.49B	$1.97B	32 rev / 16 EPS
2029-03-31	$22.64B	$22.63B - $22.66B	$0.91	$0.86 - $0.94	$5.98B	$5.32B	$3.68B	$2.07B	19 rev / 15 EPS
2030-03-31	$24.84B	$23.67B - $25.85B	$0.99	$0.93 - $1.04	$6.56B	$5.84B	$3.95B	$2.27B	9 rev / 6 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$5.11B	$5.08B - $5.14B	$0.20	$0.19 - $0.21	$1.35B	$1.20B	$806.6M	$466.0M	7 rev / 4 EPS
2026-09-30	$5.24B	$5.21B - $5.27B	$0.21	$0.19 - $0.21	$1.38B	$1.23B	$829.6M	$478.6M	7 rev / 5 EPS
2026-12-31	$5.26B	$4.99B - $5.38B	$0.21	$0.19 - $0.21	$1.39B	$1.24B	$828.7M	$480.0M	4 rev / 1 EPS
2027-03-31	$5.20B	$4.93B - $5.32B	$0.21	$0.19 - $0.21	$1.37B	$1.22B	$828.1M	$474.4M	4 rev / 1 EPS
2027-06-30	$5.31B	$5.04B - $5.43B	$0.21	$0.20 - $0.22	$1.40B	$1.25B	$856.3M	$484.4M	3 rev / 1 EPS
2027-09-30	$5.43B	$5.15B - $5.56B	$0.22	$0.21 - $0.23	$1.43B	$1.28B	$888.0M	$495.7M	3 rev / 1 EPS
2027-12-31	$5.40B	$5.12B - $5.53B	$0.22	$0.20 - $0.23	$1.43B	$1.27B	$877.4M	$493.0M	3 rev / 1 EPS
2028-03-31	$5.39B	$5.11B - $5.51B	$0.22	$0.21 - $0.23	$1.42B	$1.27B	$894.4M	$491.5M	2 rev / 2 EPS

Price target history

Window	Targets	Average target
Last month	0	$0.00
Last quarter	2	$15.00
Last year	8	$16.55
All time	24	$19.96

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0

Latest grade actions

Date	Firm	Action	Previous	New
2026-04-24	Susquehanna	Maintain	Neutral	Neutral
2026-04-24	BMO Capital	Maintain	Market Perform	Market Perform
2026-04-14	Susquehanna	Maintain	Neutral	Neutral
2026-04-06	TD Cowen	Maintain	Hold	Hold
2026-02-18	Stifel	Maintain	Hold	Hold
2026-01-15	Stifel	Maintain	Hold	Hold
2026-01-15	BMO Capital	Maintain	Market Perform	Market Perform
2026-01-15	TD Cowen	Maintain	Hold	Hold

Historical rating snapshots

Date	Strong buy	Buy	Hold	Sell	Strong sell
2026-06-01	3	2	8	1	0
2026-05-01	3	2	7	1	0
2026-04-01	3	2	8	1	0
2026-03-01	3	2	9	1	0
2026-02-01	2	4	9	1	0
2026-01-01	2	4	8	2	1
2025-12-01	2	4	8	1	1
2025-11-01	2	4	8	1	0

Financials

Revenue

$20.16B

Gross margin

30.2%

Operating income

$4.08B

Free cash flow

$3.73B

Cash + ST investments

$3.75B

Net debt

-$1.37B

ROE

33.9%

ROIC

26.7%

EV / sales

2.6x

EV / EBITDA

10.3x

R&D / revenue

0.0%

Current ratio

2.0x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2026	$20.16B	$6.08B	30.2%	$0	$4.08B	$5.11B	$3.31B	$0.83
FY 2025	$19.28B	$5.87B	30.5%	$0	$4.07B	$5.07B	$3.16B	$0.76
FY 2024	$18.56B	$5.59B	30.1%	$0	$3.83B	$4.97B	$3.17B	$0.77
FY 2023	$18.21B	$5.50B	30.2%	$0	$3.83B	$4.71B	$2.98B	$0.71
FY 2022	$16.31B	$5.32B	32.6%	$0	$3.75B	$4.53B	$2.96B	$0.70
FY 2021	$13.56B	$4.73B	34.9%	$0	$3.33B	$4.05B	$2.61B	$0.61
FY 2020	$12.78B	$4.23B	33.1%	$0	$2.72B	$3.13B	$2.33B	$0.55
FY 2019	$11.80B	$4.11B	34.9%	$0	$2.70B	$3.29B	$2.20B	$0.51
FY 2018	$10.94B	$3.94B	36.0%	$0	$2.66B	$2.94B	$2.49B	$0.55
FY 2017	$10.21B	$3.76B	36.9%	$0	$2.52B	$2.77B	$2.14B	$0.47
FY 2016	$9.50B	$3.55B	37.4%	$0	$2.38B	$2.59B	$2.05B	$0.45
FY 2015	$8.71B	$3.34B	38.3%	$0	$2.26B	$2.26B	$2.01B	$0.44

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2026	$4.04B	$306.0M	$3.73B
FY 2025	$4.35B	$263.0M	$4.09B
FY 2024	$3.15B	$266.0M	$2.88B
FY 2023	$2.85B	$319.0M	$2.53B
FY 2022	$3.35B	$290.0M	$3.06B
FY 2021	$3.26B	$285.0M	$2.97B
FY 2020	$2.61B	$465.0M	$2.15B
FY 2019	$2.26B	$349.0M	$1.91B
FY 2018	$2.26B	$310.0M	$1.95B
FY 2017	$2.10B	$411.0M	$1.69B
FY 2016	$1.86B	$413.0M	$1.45B
FY 2015	$1.76B	$367.0M	$1.39B

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2026	$3.75B	$6.19B	$0	$2.06B	$16.45B	$967.0M	-$1.37B	$6.61B	$9.79B
FY 2025	$4.51B	$5.96B	$0	$2.24B	$17.42B	$962.0M	-$1.90B	$6.17B	$11.21B
FY 2024	$3.35B	$6.52B	$0	$2.32B	$16.52B	$1.00B	-$771.0M	$5.92B	$10.56B
FY 2023	$2.36B	$5.45B	$0	$2.52B	$15.31B	$1.01B	-$471.0M	$6.09B	$9.17B
FY 2022	$3.23B	$4.87B	$0	$2.43B	$15.55B	$722.0M	-$1.58B	$5.56B	$9.94B
FY 2021	$3.75B	$4.06B	$0	$2.52B	$14.82B	$728.0M	-$2.65B	$4.32B	$10.44B
FY 2020	$3.08B	$3.38B	$0	$2.36B	$12.26B	$612.0M	-$1.85B	$3.56B	$8.65B
FY 2019	$3.79B	$2.92B	$0	$1.93B	$12.25B	$0	-$2.83B	$2.85B	$9.39B
FY 2018	$4.02B	$2.67B	$0	$1.86B	$12.26B	$0	-$3.04B	$2.29B	$9.96B
FY 2017	$5.03B	$2.46B	$0	$1.81B	$12.85B	$0	-$3.49B	$2.22B	$10.64B
FY 2016	$4.95B	$2.17B	$0	$1.59B	$11.38B	$0	-$4.93B	$2.05B	$9.32B
FY 2015	$5.00B	$2.01B	$0	$1.46B	$10.62B	$0	-$4.86B	$1.85B	$8.76B

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2026	30.2%	20.3%	16.4%	2.0x	2.0x	33.9%	26.7%	2.6x	10.3x	6.9%	0.0%	99d
FY 2025	30.5%	21.1%	16.4%	2.3x	2.3x	28.2%	22.8%	3.8x	14.5x	5.4%	0.0%	100d
FY 2024	30.1%	20.7%	17.1%	2.3x	2.3x	30.0%	23.1%	3.9x	14.5x	4.0%	0.0%	115d
FY 2023	30.2%	21.0%	16.4%	1.8x	1.8x	32.5%	25.9%	4.0x	15.4x	3.5%	0.0%	96d
FY 2022	32.6%	23.0%	18.2%	2.0x	2.0x	29.8%	24.6%	6.3x	22.8x	2.9%	0.0%	91d
FY 2021	34.9%	24.5%	19.3%	2.5x	2.5x	25.0%	20.8%	5.7x	18.9x	3.7%	0.0%	94d
FY 2020	33.1%	21.3%	18.2%	2.6x	2.6x	27.0%	21.5%	2.6x	10.6x	6.1%	0.0%	80d
FY 2019	34.9%	22.8%	18.6%	2.8x	2.8x	23.4%	20.7%	3.8x	13.8x	4.0%	0.0%	78d
FY 2018	36.0%	24.3%	22.7%	3.5x	3.5x	25.0%	20.8%	3.3x	12.5x	4.9%	0.0%	82d
FY 2017	36.9%	24.7%	21.0%	3.8x	3.8x	20.1%	17.0%	3.2x	11.8x	4.7%	0.0%	83d
FY 2016	37.4%	25.0%	21.6%	3.9x	3.9x	22.0%	18.2%	4.1x	14.9x	3.3%	0.0%	80d
FY 2015	38.3%	25.9%	23.1%	4.1x	4.1x	23.0%	18.3%	4.0x	15.6x	3.5%	0.0%	83d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2026	+4.6%	+3.5%	0.0%	+0.3%	+4.9%	+9.2%	-8.7%	-16.3%	-16.8%	0.0%	-5.6%	+0.5%
FY 2025	+3.9%	+5.1%	0.0%	+6.2%	-0.2%	-1.3%	+41.8%	+1.1%	+34.7%	0.0%	+5.4%	-4.0%
FY 2024	+1.9%	+1.5%	0.0%	+0.2%	+6.2%	+8.5%	+13.7%	+16.6%	+41.9%	0.0%	+7.9%	-0.8%
FY 2023	+11.7%	+3.5%	0.0%	+1.9%	+0.6%	+1.4%	-17.1%	-10.0%	-26.9%	0.0%	-1.6%	+39.9%
FY 2022	+20.3%	+12.3%	0.0%	+12.9%	+13.4%	+14.8%	+2.8%	-1.8%	-13.9%	0.0%	+4.9%	-0.8%
FY 2021	+6.1%	+11.9%	0.0%	+22.1%	+12.1%	+10.9%	+38.5%	+38.7%	+21.6%	0.0%	+20.9%	+19.0%
FY 2020	+8.3%	+2.8%	0.0%	+1.0%	+6.0%	+7.8%	+12.2%	-33.2%	-18.5%	0.0%	+0.1%	0.0%
FY 2019	+7.9%	+4.4%	0.0%	+1.4%	-11.5%	-7.3%	-1.7%	-12.6%	-5.9%	0.0%	-0.0%	0.0%
FY 2018	+7.2%	+4.7%	0.0%	+5.5%	+16.2%	+17.0%	+15.3%	+24.6%	-20.0%	0.0%	-4.7%	0.0%
FY 2017	+7.4%	+5.9%	0.0%	+6.1%	+4.3%	+4.4%	+16.5%	+0.5%	+1.6%	0.0%	+13.0%	0.0%
FY 2016	+9.1%	+6.4%	0.0%	+5.2%	+1.9%	+2.3%	+4.3%	-12.5%	-1.1%	0.0%	+7.2%	0.0%
FY 2015	+5.6%	+12.9%	0.0%	+14.1%	+15.0%	+15.8%	-10.5%	+18.6%	+3.3%	0.0%	+11.5%	0.0%

Revenue Mix