Infosys ends mega-deal drought with $1.6 billion UK contract

Infosys Ltd bagged a $1.6 billion contract with the National Health Service, the UK's public healthcare provider, in its first mega deal in two years and the fourth-largest under chief executive officer (CEO) Salil Parekh.

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The country’s second-largest information technology (IT) services company will manage NHS Business Services Authority's back-end IT infrastructure for 15 years, according to the company’s exchange filings.

The deal is expected to fetch Infosys upwards of $107 million every year until 2040. For now, this translates to guaranteed 0.6% incremental revenue in FY26, assuming the company doesn’t lose any business. Infosys ended FY25 with $19.28 billion in revenue.

For perspective, the deal’s total value is more than $1.4 billion or 6.8% of its full-year revenue that Infosys received from the healthcare and life sciences vertical in FY25.