Accenture 8-K
EarningsGuidance raised
FY2026 local-currency growth outlook cut to 3%-4%, including U.S. federal business drag; GAAP and adjusted EPS floors raised.
Filed 2026-06-18 06:41 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q3 FY2026 results with Q4 and revised FY2026 guidance. Accenture reported 6% revenue growth in U.S. dollars, 20 bp operating-margin expansion and 9% diluted EPS growth; Q3 revenue was slightly above the midpoint of its prior outlook. FY2026 local-currency revenue growth guidance was lowered, while the lower ends of both GAAP and adjusted EPS ranges were raised.
Key Figures
| Metric | Q3 FY2026 | 9M FY2026 |
|---|---|---|
| Revenue | $18.7B, +6% Y/Y | $55.5B, +7% Y/Y |
| Gross margin | 32.8%, vs 32.9% | 32.1%, vs 31.9% |
| Operating income | $3.18B, +6% Y/Y | $8.54B, +4% Y/Y |
| Net income (consolidated) | $2.39B, +6% Y/Y | $6.49B, +2% Y/Y |
| Diluted EPS | $3.80, +9% Y/Y | $10.27, +4% Y/Y |
| Operating cash flow | $3.79B, +3% Y/Y | $9.27B, +23% Y/Y |
| Free cash flow | $3.60B, +2% Y/Y | $8.78B, +24% Y/Y |
- New bookings were $19.32B, down 2% in U.S. dollars and 3% in local currency. Year to date, bookings included 104 client engagements of at least $100M, up 13%.
- Q3 operating margin was 17.0%, up 20 bp. Revenue grew across both work types: Consulting +4% and Managed Services +8% in U.S. dollars.
- Q3 shareholder returns totaled $2.2B: $1.2B for repurchases or redemptions of 6.0M shares and $1.0B in dividends. Diluted weighted-average shares fell 2% Y/Y. Accenture declared a $1.63 quarterly dividend, payable 8/14/2026 to holders of record 7/9/2026, up 10% from $1.48 in FY2025; cash was $10.2B at quarter-end, vs $11.5B at 8/31/2025.
Against earlier guidance
| Metric | Period | Earlier guidance | Actual |
|---|---|---|---|
| Revenue | Q3 FY2026 | $18.35B-$19.0B | $18.72B |
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue (U.S. dollars) | Q4 FY2026 | $17.75B-$18.4B | — | — |
| Revenue growth (local currency) | Q4 FY2026 | 1%-5% | — | — |
| Foreign-exchange impact | Q4 FY2026 | ≈(0.5)% | — | — |
| Revenue growth (local currency) | FY2026 | 3%-4%; 4%-5% excluding estimated 1% U.S. federal business impact | 3%-5%; 4%-6% excluding estimated 1% impact | Lowered |
| Foreign-exchange impact | FY2026 | ≈+2% | ≈+2% | Reaffirmed |
| GAAP operating margin | FY2026 | 15.3%; 60 bp expansion over FY2025 | 15.2%-15.4%; 50-70 bp expansion | Narrowed |
| Adjusted operating margin (non-GAAP) | FY2026 | 15.8%; 20 bp expansion over FY2025 | 15.7%-15.9%; 10-30 bp expansion | Narrowed |
| Annual effective tax rate (GAAP and adjusted) | FY2026 | 24.0%-25.0% | 23.5%-25.5% | Narrowed |
| GAAP diluted EPS | FY2026 | $13.38-$13.50; 10%-11% increase | $13.25-$13.50; 9%-11% increase | Raised |
| Adjusted diluted EPS (non-GAAP) | FY2026 | $13.78-$13.90; 7%-8% increase | $13.65-$13.90; 6%-8% increase | Raised |
| Operating cash flow | FY2026 | $11.5B-$12.2B | $11.5B-$12.2B | Reaffirmed |
| Property and equipment additions | FY2026 | $0.7B | $0.7B | Reaffirmed |
| Free cash flow | FY2026 | $10.8B-$11.5B | $10.8B-$11.5B | Reaffirmed |
| Capital return | FY2026 | At least $9.5B | At least $9.3B | Raised |
Investor Takeaways
- Q4 revenue and local-currency growth versus the guided ranges will show how the revised FY2026 revenue outlook is tracking.
- FY2026 results against the updated EPS and margin outlook will test whether profitability gains continue alongside the lower revenue-growth range.
The summary is written by an AI model reading the filing.
Model 005 · prompt v95 · 2026-10-18 20:11:44Z