Accenture PLC

Latest Results (23.04.2026):

Accenture PLC reported results for the second quarter of fiscal 2026 (ended Feb. 28, 2026). The company delivered record new bookings and revenues at the top of its guided range, with solid profitability and strong free cash flow while raising its full‑year cash‑flow outlook. Results reflected broad-based growth, notable AI-driven demand, and updated guidance that factors in potential impacts from its U.S. federal business and geopolitical risks.

Key financial snapshot

Q2 FY2026 revenues were $18.04 billion (up 8% in U.S. dollars, 4% in local currency), operating margin 13.8% (+30 bps year‑over‑year), net income $1.86 billion, and diluted EPS $2.93 (up 4%). Gross margin was 30.3% and operating income rose 11% to $2.49 billion.

Record bookings

New bookings were a record $22.11 billion (up 6% U.S. dollars, 1% local currency), including a record 41 clients with quarterly bookings > $100 million. Consulting bookings were $11.33 billion and Managed Services bookings $10.78 billion.

Revenue mix and segment performance

Managed Services led growth: Consulting revenues $8.86 billion (+7% USD, +3% LC); Managed Services $9.18 billion (+10% USD, +5% LC). By geography: Americas $8.90B (+4% USD, +3% LC), EMEA $6.57B (+13% USD, +2% LC), Asia Pacific $2.58B (+12% USD, +10% LC). By industry, Communications/Media & Technology and Financial Services each grew ~13% in USD.

Cash flow & capital returns

Operating cash flow for the quarter was $3.82 billion and free cash flow $3.67 billion. Total cash returned to shareholders was $2.7 billion (including $1.7 billion for share repurchases/redemptions and $1.0 billion in dividends). Cash balance was $9.4 billion and remaining repurchase authorization was about $4.4 billion.

Dividend & share activity

Accenture paid a quarterly dividend of $1.63 per share (10% increase vs. prior year) and declared another $1.63 per share payable May 15, 2026. During the quarter the company repurchased/redeemed 6.8 million shares for $1.7 billion; shares outstanding were ~615 million at quarter end.

Updated FY2026 guidance

The company now expects full‑year revenue growth of 3%–5% in local currency (4%–6% excluding an estimated 1% impact from its U.S. federal business). GAAP diluted EPS guidance is $13.25–$13.50 (9%–11% increase) and adjusted EPS $13.65–$13.90 (6%–8% increase). Free cash flow guidance was raised to $10.8–$11.5 billion.

Near‑term outlook

Q3 FY2026 revenue guidance is $18.35B–$19.0B (1%–5% growth in local currency). Management notes the outlook incorporates its current view of the Middle East conflict’s potential impact and excludes significant escalation or major economic disruption.

Notable operational / margin items

SG&A remained 16.4% of revenues. The company reported an effective tax rate of 24.3% for the quarter (vs. 20.4% prior year). Accenture also disclosed business optimization costs taken earlier in the year that affect adjusted measures and prior‑period comparisons.