Accenture PLC

Latest Results (12.12.2025):

Accenture plc — fourth quarter of fiscal 2025: Accenture reported Q4 revenues of $17.6 billion (up 7% in U.S. dollars, 4.5% in local currency) and full‑year revenue of $69.7 billion (up 7%). Q4 adjusted diluted EPS was $3.03 (up 9% year‑over‑year) while Q4 GAAP diluted EPS was $2.25 (down 15%). Q4 free cash flow was $3.8 billion and full‑year free cash flow was $10.9 billion. New bookings were $21.3 billion in Q4 ($80.6 billion for the year), including $1.8 billion in generative AI bookings in the quarter ($5.9 billion for the year). The company took a $615 million business‑optimization charge in Q4 (expects an additional ~$250 million in Q1 FY26) and provided FY26 guidance of 2%–5% revenue growth (local currency) and adjusted EPS of $13.52–$13.90, while planning to return at least $9.3 billion to shareholders.

Revenue and bookings

Q4 revenues $17.60B (+7% U.S.$, +4.5% LC) at the top end of guidance; full‑year revenues $69.67B (+7%). Q4 new bookings $21.31B (book‑to‑bill 1.2); FY25 new bookings $80.62B (down 1%).

Earnings per share

Q4 adjusted diluted EPS $3.03 (9% growth YoY); Q4 GAAP diluted EPS $2.25 (15% decline YoY). Full‑year GAAP diluted EPS $12.15 (+6%); adjusted EPS $12.93 (+8%). Business optimization costs reduced adjusted EPS by $0.78 for FY25 (and by $0.78 in Q4 on a per‑share basis).

Margins and operating income

Q4 GAAP operating margin 11.6% (down 270 bps vs. Q4 FY24); Q4 adjusted operating margin 15.1% (up 10 bps). Full‑year GAAP operating margin 14.7% (down 10 bps); full‑year adjusted operating margin 15.6% (up 10 bps). Q4 adjusted operating income $2.67B (+8% YoY).

Cash flow and shareholder returns

Q4 free cash flow $3.81B; FY25 free cash flow $10.87B. Cash returned to shareholders in FY25 totaled $8.3B (repurchases $4.6B, dividends $3.7B). Company announced a new quarterly dividend of $1.63 (10% increase) and has at least $7.9B repurchase authority remaining; plans to return at least $9.3B in FY26.

Generative AI and demand drivers

Generative AI new bookings: $1.8B in Q4 and $5.9B for the year, highlighted by client demand to reinvent with AI and investments to build digital core, data readiness and reskilling.

Business optimization and talent actions

Initiated a six‑month business optimization program: $615M charge recorded in Q4 (severance and asset impairments) and ~ $250M expected in Q1 FY26 (total ~ $865M). Company expects cost savings to be reinvested in people and AI.

Geography and industry performance

Q4 revenue growth by market: Americas +5% (U.S. dollar & local), EMEA +10% U.S.$ (+3% LC), Asia Pacific +11% U.S.$ (+6% LC). By industry, Financial Services led (+15% Q4 U.S.$), Products +9%, Health & Public Service slightly down (-1% Q4 U.S.$).

Balance sheet and cash position

Cash and cash equivalents $11.48B at Aug 31, 2025 (vs. $5.00B a year earlier). Total assets $65.39B; total shareholders’ equity ~$32.24B. Shares outstanding ~622 million at period end.

Fiscal 2026 outlook

Full‑year FY26 guidance: revenue growth 2%–5% in local currency (3%–6% ex U.S. federal business), adjusted EPS $13.52–$13.90 (5%–8% increase), GAAP EPS $13.19–$13.57 (9%–12% increase), adjusted operating margin ~15.7%–15.9%. First quarter revenue guide $18.1B–$18.75B.