Accenture Reports Fourth-Quarter and Full-Year Fiscal 2026 Results (Form 8-K)

Accenture delivers fourth-quarter revenue above the high end of the company's guided range, with broad-based growth across all geographic markets, industry groups and types of work, and strong EPS, free cash flow and profitability growth

Accenture Chair and CEO Julie Sweet

"We exceeded our fourth-quarter revenue guidance range and capped off another year of broad-based growth across our business, grew adjusted EPS 8%, returned a record $11.5 billion to shareholders and reached a new high of 141 quarterly client bookings of $100 million or more. These results reflect the continued trust our clients place in us to help them reinvent and create value, the high level of innovation we bring every day and the extraordinary commitment of our Reinventors to our clients' success."

•New bookings of $22.2 billion, an increase of 4% in U.S. dollars and 5% in local currency for the quarter, and $84.5 billion for the year

•Revenues of $18.7 billion for the quarter, an increase of 6% in U.S. dollars and 7% in local currency; and $74.2 billion for the year, an increase of $4.5 billion or 6% in U.S. dollars and 5% in local currency

•Fourth quarter GAAP operating margin of 15.3%, an increase of 370 basis points, and an increase of 20 basis points over adjusted1 operating margin in the fourth quarter of fiscal 2025

•Full year GAAP operating margin of 15.4%, an increase of 70 basis points; adjusted operating margin of 15.8%, an increase of 20 basis points

•Fourth quarter GAAP diluted EPS of $3.29, a 46% increase, and a 9% increase over adjusted EPS in the fourth quarter of fiscal 2025

•Full year GAAP diluted EPS of $13.56, a 12% increase; adjusted EPS of $13.97, an 8% increase

•Free cash flow of $2.8 billion for the quarter and $11.6 billion for the year

•Total cash returned to shareholders of $11.5 billion for the year, an increase of 38%, reflecting $7.5 billion in repurchases or redemptions, including $2 billion in additional share repurchases in the fourth quarter

•Company expects full-year revenue growth of 3% to 6% in local currency

•Expects full-year GAAP diluted EPS of $14.39 to $14.81, a 6% to 9% increase, and a 3% to 6% increase over adjusted EPS

•Company expects to return at least $9.5 billion in cash to shareholders in fiscal year 2027

New bookings for the fourth quarter of fiscal 2026 were $22.17 billion, an increase of 4% in U.S. dollars and 5% in local currency over the fourth quarter of fiscal 2025, with a book-to-bill of 1.2.

•Consulting new bookings were $9.40 billion, with a book-to-bill of 1.0.

•Managed Services new bookings were $12.77 billion, with a book-to-bill of 1.4.

Revenues for the fourth quarter of fiscal 2026 were $18.68 billion, an increase of 6% in U.S. dollars and 7% in local currency, and were above the company's guided range of $17.75 billion to $18.40 billion, or 1% to 5% growth in local currency. Revenues reflect a foreign-exchange impact of approximately negative 0.8%, compared to the approximately negative 0.5% assumption provided in the company's third-quarter earnings release.

Revenues

(in billions)

Increase from Q4 FY25

U.S. Dollars

Local Currency

6

%

7

%

7

%

7

%

Total

$18.68

6

%

7

%

Revenues

(in billions)

Increase from Q4 FY25

U.S. Dollars

Local Currency

7

%

7

%

6

%

7

%

3

%

7

%

Total

$18.68

6

%

7

%

Revenues

(in billions)

Increase from Q4 FY25

U.S. Dollars

Local Currency

10

%

11

%

5

%

6

%

8

%

9

%

3

%

4

%

6

%

6

%

Total

$18.68

6

%

7

%

•GAAP operating margin (operating income as a percentage of revenues) for the quarter was 15.3%, compared with GAAP operating margin of 11.6%, and adjusted operating margin of 15.1% for the fourth quarter of fiscal 2025.

•GAAP operating income for the quarter increased 40% to $2.86 billion compared with GAAP operating income of $2.05 billion, and adjusted operating income of $2.67 billion for the fourth quarter of fiscal 2025.

•GAAP diluted EPS for the quarter were $3.29, a 46% increase over $2.25 for the fourth quarter of fiscal 2025.

•GAAP diluted EPS increased 9% over adjusted EPS of $3.03 for the fourth quarter of fiscal 2025, which excludes a $0.78 decrease for business optimization costs.

Fourth Quarter Fiscal 2025 Adjusted EPS

$3.03

Higher revenue and operating results

$0.22

Lower share count

$0.13

Lower effective tax rate

$0.03

Higher net income attributable to noncontrolling interests

$(0.01)

Lower non-operating income

$(0.11)

Fourth Quarter Fiscal 2026 GAAP EPS

$3.29

Operating Cash Flow

Less: Property & Equipment Additions

Free Cash Flow

New bookings for fiscal 2026 were $84.54 billion, an increase of 5% in U.S. dollars and 3% in local currency compared with fiscal 2025, with a book-to-bill of 1.1.

•Consulting new bookings were $40.86 billion, with a book-to-bill of 1.1.

•Managed Services new bookings were $43.67 billion, with a book-to-bill of 1.2.

Revenues for fiscal 2026 were $74.18 billion, an increase of 6% in U.S. dollars and 5% in local currency, and were above the company's guided range of 3% to 4% growth in local currency. Revenues reflect a foreign-exchange impact of approximately positive 2%, consistent with the assumption provided in the company's third-quarter earnings release.

Revenues

(in billions)

Increase from FY25

U.S. Dollars

Local Currency

5

%

3

%

8

%

6

%

Total

$74.18

6

%

5

%

Revenues

(in billions)

Increase from FY25

U.S. Dollars

Local Currency

4

%

4

%

9

%

4

%

7

%

8

%

Total

$74.18

6

%

5

%

Revenues

(in billions)

Increase from FY25

U.S. Dollars

Local Currency

11

%

10

%

9

%

7

%

3

%

2

%

6

%

4

%

5

%

3

%

Total

$74.18

6

%

5

%

•GAAP operating margin (operating income as a percentage of revenues) for fiscal 2026 was 15.4%, compared to GAAP operating margin of 14.7%, and adjusted operating margin was 15.8%, compared with adjusted operating margin of 15.6% for fiscal 2025.

•GAAP operating income for fiscal 2026 increased 12% to $11.41 billion compared with GAAP operating income of $10.23 billion, and adjusted operating income increased 8% to $11.71 billion compared with adjusted operating income of $10.84 billion for fiscal 2025.

•GAAP diluted EPS for fiscal 2026 were $13.56, a 12% increase over $12.15 for fiscal 2025.

•Adjusted EPS for fiscal 2026 were $13.97, an increase of 8% over adjusted EPS of $12.93 for fiscal 2025, which excludes $0.41 and $0.78 for business optimization costs in fiscal 2026 and fiscal 2025, respectively.

Fiscal 2025 Adjusted EPS

$12.93

Higher revenue and operating results

$1.05

Lower share count

$0.33

Lower non-operating income

$(0.10)

Higher effective tax rate

$(0.24)

Fiscal 2026 Adjusted EPS

$13.97

Operating Cash Flow

Less: Property & Equipment Additions

Free Cash Flow

•On August 14, 2026, a quarterly cash dividend of $1.63 per share was paid to shareholders of record at the close of business on July 9, 2026.

◦These cash dividend payments totaled $974 million, bringing dividend payments for the full year to $3.99 billion, compared with $3.70 billion in fiscal 2025.

•Accenture plc has declared another quarterly cash dividend of $1.71 per share for shareholders of record at the close of business on October 13, 2026.

◦This dividend, which is payable on November 13, 2026, represents a 5% increase over the quarterly dividend rate in fiscal 2026.

•During the fourth quarter of fiscal 2026, Accenture repurchased or redeemed 17.6 million shares for a total of $2.3 billion, which were primarily repurchased in the open market. Total share repurchases and redemptions for the full fiscal year were 39.9 million shares for a total of $7.5 billion, including 37.5 million shares repurchased in the open market.

•Accenture's total outstanding authority is approximately $6.9 billion, which includes $6.0 billion in additional share repurchase authority approved by the company's Board of Directors in September 2026.

•At August 31, 2026, Accenture had approximately 596 million total shares outstanding.

Revenues

$18.95B - $19.60B

Revenue Growth (Local Currency)

2% - 6%

Foreign-Exchange Impact on Results

approx. negative 1%

Revenue Growth (Local Currency)

3% - 6%

Foreign-Exchange Impact on Results

flat

Operating Margin

15.9% - 16.1%

50 bps - 70 bps expansion over FY26 GAAP operating margin 10 bps - 30 bps expansion over FY26 adjusted operating margin

Annual Effective Tax Rate

24.5% - 26.5%

Diluted Earnings Per Share

$14.39 - $14.81

6% - 9% increase over FY26 GAAP EPS 3% - 6% increase over FY26 adjusted EPS

Operating Cash Flow

$11.9B - $12.7B

Property & Equipment Additions

$900M

Free Cash Flow

$11.0B - $11.8B

Capital Return

at least $9.5B

Conference Call and Webcast Details

Accenture will host a conference call at 8:00 a.m. EDT today to discuss its fourth quarter and full year fiscal 2026 financial results. To participate in the teleconference, please dial +1 (877) 883-0383 [+1 (412) 317-6061 outside the U.S., Puerto Rico and Canada] and enter access code 353302 approximately 15 minutes before the scheduled start of the call. The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at accenture.com. A replay will be available on this website following the call.

About Accenture

Accenture helps the world's leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed for organizations across industries. Our strategy is to be the reinvention partner of choice for our clients and lead in the safe, widespread adoption of AI, and to be the most client-focused, AI-enabled, great place to work in the world. We bring together the talent of our approximately 814,000 people with proprietary assets and platforms, deep process and industry expertise, and leading ecosystem relationships to deliver end-to-end solutions and measurable outcomes at scale. Through our Reinvention Services, we offer broad expertise across Cybersecurity, Digital Core, Finance, Industry and Enterprise, Song, Supply Chain and Engineering, and Talent, with advanced capabilities in AI and Data, Industry and Process, and Technology. We serve approximately 9,000 clients and generated approximately $74 billion in FY26 revenue.

Non-GAAP Financial Information

This news release includes certain non-GAAP financial information as defined by Securities and Exchange Commission Regulation G. Pursuant to the requirements of this regulation, reconciliations of this non-GAAP financial information to Accenture's financial statements as prepared under generally accepted accounting principles (GAAP) are included in this press release. Financial results "in local currency" are calculated by restating current-period activity into U.S. dollars using the comparable prior-year period's foreign-currency exchange rates. Accenture's management believes providing investors with this information gives additional insights into Accenture's results of operations. While Accenture's management believes that the non-GAAP financial measures herein are useful in evaluating Accenture's operations, this information should be considered as supplemental in nature and not as a substitute for the related financial information prepared in accordance with GAAP. Accenture provides full-year revenue guidance on a local-currency basis and not in U.S. dollars because the impact of foreign exchange rate fluctuations could vary significantly from the company's stated assumptions.