01—Abstract
Summary
Summary of the 10-Q filed March 19, 2026. Cited figures are marked; the original filing is the authoritative source.
Accenture plc (ACN) reported solid financial results for the second quarter of fiscal year 2026, demonstrating continued revenue growth and improved profitability.
Revenues increased by 8%a in U.S. dollars (4% in local currency) year-over-year, driven by strong performance across geographic markets like Asia Pacific and key industry groups such as Communications, Media & Technology and Financial Services. The company also saw positive momentum in its managed services business, with a 10% revenue increase in U.S. dollars. Profitability metrics showed improvement, with operating margin reaching 13.8%, up from 13.5% in the prior year's quarter.
Diluted earnings per share (EPS) also grew by 4% to $2.93b. The company maintained a healthy utilization rate of 93% and managed its workforce effectively, with annualized attrition remaining consistent year-over-year.
Accenture returned substantial capital to shareholders through dividends and share repurchases, underscoring its commitment to shareholder value. Despite economic uncertainties, the company continues to invest in strategic areas like AI and digital transformation, positioning itself for future growth.
02—Key points
Key Highlights
- Revenues increased 8% in U.S. dollars to $18.0 billion (4% in local currency) for the second quarter of fiscal 2026, compared to the prior year.
- Operating margin improved to 13.8% in Q2 FY26, up from 13.5% in Q2 FY25.
- Diluted earnings per share (EPS) rose by 4% to $2.93 in Q2 FY26, compared to $2.82 in Q2 FY25.
- New bookings reached $22.1 billion for the second quarter of fiscal 2026, a 6% increase in U.S. dollars (1% in local currency).
- The company returned $2.7 billion to shareholders in Q2 FY26, comprising $1.0 billion in dividends and $1.7 billion in share repurchases.
- Workforce utilization remained strong at 93% for the second quarter of fiscal 2026.
- Total assets grew to $67.1 billion as of February 28, 2026, up from $65.4 billion as of August 31, 2025.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in Q2 FY2026, Accenture plc kept $0.10.
- Revenue$18.04B100.0%
- Cost of revenue−$12.58B69.7%
- Gross profit$5.46B30.3%
- Operating costs−$2.97B16.4%
- Operating income$2.49B13.8%
- Interest, other & tax−$668.3M3.7%
- Net income$1.83B10.1%
04—Financials
Financial Highlights
Figures from 10-QQ2 FY2026filed March 19, 2026Financial Statements
Q2 FY2026 against Q2 FY2025
| Line item | Q2 FY2026Q2 FY2025 | Change |
|---|---|---|
| Revenue | $18.04B$16.66B | +8.3% |
| Cost of Revenue | $12.58B$11.68B | +7.7% |
| Gross Profit | $5.46B$4.97B | +9.7% |
| Operating Expenses | $15.55B$14.41B | +7.9% |
| Operating Income | $2.49B$2.24B | +11.1% |
| Interest Expense | $63.57M$64.67M | −1.7% |
| Net Income | $1.83B$1.79B | +2.1% |
| EPS (Basic) | $2.96$2.85 | +3.9% |
| EPS (Diluted) | $2.93$2.82 | +3.9% |
| Shares Outstanding (Basic) | 616.99M626.82M | −1.6% |
| Shares Outstanding (Diluted) | 622.64M634.21M | −1.8% |
05—Questions
Frequently Asked Questions
What was Accenture's revenue growth in the second quarter of fiscal year 2026, and what were the key drivers?
Accenture's revenues grew by 8% in U.S. dollars (4% in local currency) to $18.0 billion for the second quarter of fiscal year 2026, compared to the same period last year. Key drivers included strong performance in the Asia Pacific region, robust growth in the Communications, Media & Technology and Financial Services industry groups, and an increase in managed services revenue.
How did Accenture's profitability fare in the second quarter of fiscal year 2026?
Accenture demonstrated improved profitability with an operating margin of 13.8% for the second quarter of fiscal year 2026, up from 13.5% in the prior year's quarter. This improvement was primarily attributed to lower non-payroll costs, including reduced subcontractor expenses, and a favorable shift in the revenue mix.
What is Accenture's outlook regarding its capital return strategy to shareholders?
Accenture continues to prioritize returning capital to shareholders. In the second quarter of fiscal year 2026, the company returned $2.7 billion to shareholders, consisting of $1.0 billion in cash dividends and $1.7 billion in share repurchases. Accenture intends to continue utilizing a significant portion of its cash flow for share repurchases in the remainder of fiscal year 2026.
How is Accenture managing its workforce and talent in the current economic climate?
Accenture maintained a high workforce utilization rate of 93% in the second quarter of fiscal year 2026, consistent with the prior year. Annualized voluntary attrition remained steady at 13%. The company actively manages its workforce size and skill composition to align with client demand and is focused on adjusting compensation and driving cost efficiencies to mitigate the impact of compensation increases on margins.
06—Continue