Accenture Stock Earnings Reports

Accenture reported a strong Q1 FY2026: revenue $18.7B (up 5% in local currency) at the top of guidance, adjusted operating margin of 17% (up 30 bps YoY), adjusted EPS of $3.94 (10% growth YoY), $1.5B free cash flow and $3.3B returned to shareholders in the quarter. New bookings were $20.9B (book-to-bill 1.1) with 33 deals > $100M; managed services bookings outpaced consulting. Advanced AI continued rapid adoption: Q1 Advanced AI bookings were $2.2B and revenue ~$1.1B; Accenture disclosed cumulative Advanced AI bookings of ~$11.5B across ~11,000 projects and $4.8B revenue to date but said this will be the last quarter it reports those specific metrics because AI is being embedded across engagements. Talent and capability investments remain a priority — nearly 784,000 employees, ~80,000 AI & data professionals nearly reached, ~8M training hours in the quarter; Accenture completed several strategic acquisitions (including a 65% stake in DLB) and invested $374M in six deals this quarter. Business mix: ~60% of revenue tied to top-10 ecosystem partners (growing faster than overall) and ~60% of work is fixed-price, supporting outcome-based/scale delivery. Outlook: FY26 revenue growth guidance 2%–5% in local currency (3%–6% ex-federal), adjusted operating margin 15.7%–15.9% (10–30 bps expansion), adjusted EPS $13.52–$13.90 (5%–8% growth), free cash flow $9.8B–$10.5B, and at least $9.3B planned to return to shareholders. Management emphasized that enterprise AI adoption is still early but accelerating, that foundational data/cloud/security work is essential to scale AI, and that Accenture sees material long-term opportunity even as it shifts how it discloses AI metrics.