OpenNashEarnings

Accenture (ACN) · IT Services

Accenture Q3 FY2026 earnings: summary, key numbers & outlook

Results filed 18 Jun 2026 · Quarter ended 31 May 2026

Press release ↗Investor relations ↗

Summaries and transcripts are machine-generated and can contain errors.

In brief

Accenture reported third-quarter fiscal 2026 revenues of $18.7 billion, up 6% in U.S. dollars and 3% in local currency, with diluted EPS up 9% to $3.80 and operating margin expanding 20 basis points to 17.0%.

Accenture grew third-quarter revenues to $18.7 billion, up 6% in U.S. dollars but only 3% in local currency, because a weaker dollar added about 2.5%. Profit grew faster than sales: operating margin rose to 17.0% and diluted EPS rose 9% to $3.80. Free cash flow was $3.6 billion, and $2.2 billion went back to shareholders through buybacks and dividends.

For the fourth quarter, management guides revenue of $17.75B – $18.4B, or 1% – 5% growth in local currency. It narrowed full-year local-currency growth to 3% to 4%, with U.S. federal work costing about 1%. The main tension is that new bookings fell 3% in local currency while the company wants to win large AI programs and make acquisitions such as Dragos.

Key numbers

Revenues · GAAP
$18.7 billion

up 6% in U.S. dollars and 3% in local currency

Net income · GAAP
$2.39 billion

compared with $2.24 billion for the third quarter of fiscal 2025

Diluted EPS · GAAP
$3.80

a 9% increase from $3.49

Gross margin · GAAP
32.8%

compared to 32.9% in the third quarter of fiscal 2025

Operating income · GAAP
$3.18 billion

increased 6% from $2.98 billion

Operating margin · GAAP
17.0%

expanded 20 basis points from 16.8%

Operating cash flow · GAAP
$3.8B

vs 3,684,366 a year ago

Free cash flow · non-GAAP
$3.6 billion

Segment or metricValueChange
New bookings$19.32 billiona decrease of 2% in U.S. dollars and 3% in local currency
Consulting revenues$9.3Bup 4% in U.S. dollars, 1% in local currency
Managed Services revenues$9.4Bup 8% in U.S. dollars, 5% in local currency
Americas revenues$9.1Bup 2% in U.S. dollars, 1% in local currency
EMEA revenues$6.9Bup 10% in U.S. dollars, 4% in local currency
Asia Pacific revenues$2.7Bup 7% in U.S. dollars, 8% in local currency
Communications, Media & Technology revenues$3.2Bup 10% in U.S. dollars, 9% in local currency
Where each number comes from
  • Revenues: “Revenues of $18.7 billion, an increase of $1.0 billion, 6% in U.S. dollars and 3% in local currency”
  • Net income: “Net income for the quarter was $2.39 billion, compared with $2.24 billion for the third quarter of fiscal 2025.”
  • Diluted EPS: “Diluted EPS for the quarter were $3.80, a 9% increase from $3.49 for the third quarter of fiscal 2025.”
  • Gross margin: “Gross margin (gross profit as a percentage of revenues) for the quarter was 32.8% compared to 32.9% in the third quarter of fiscal 2025.”
  • Operating income: “Operating income for the quarter increased 6% to $3.18 billion compared with operating income of $2.98 billion in the third quarter of fiscal 2025.”
  • Operating margin: “Operating margin (operating income as a percentage of revenues) for the quarter expanded 20 basis points to 17.0%, compared to operating margin of 16.8% for the third quarter of fiscal 2025.”
  • Operating cash flow: “Net cash provided by (used in) operating activities | 3,786,212 | 3,684,366 | 9,267,947 | 7,560,252”
  • Free cash flow: “Free cash flow of $3.6 billion•Total cash returned to shareholders of $2.2 billion, reflecting $1.2 billion in repurchases”
  • New bookings: “New bookings for the third quarter of fiscal 2026 were $19.32 billion, a decrease of 2% in U.S. dollars and 3% in local currency”
  • Consulting revenues: “TYPE OF WORK Consulting | $9,328,494 | $9,007,033 | 4% | 1% Managed Services | 9,389,650 | 8,720,838 | 8 | 5”
  • Managed Services revenues: “TYPE OF WORK Consulting | $9,328,494 | $9,007,033 | 4% | 1% Managed Services | 9,389,650 | 8,720,838 | 8 | 5”
  • Americas revenues: “Americas | $9,137,772 | $8,966,131 | 2% | 1% EMEA | 6,873,448 | 6,231,849 | 10 | 4 Asia Pacific | 2,706,924 | 2,529,891 | 7 | 8”
  • EMEA revenues: “Americas | $9,137,772 | $8,966,131 | 2% | 1% EMEA | 6,873,448 | 6,231,849 | 10 | 4 Asia Pacific | 2,706,924 | 2,529,891 | 7 | 8”
  • Asia Pacific revenues: “Americas | $9,137,772 | $8,966,131 | 2% | 1% EMEA | 6,873,448 | 6,231,849 | 10 | 4 Asia Pacific | 2,706,924 | 2,529,891 | 7 | 8”
  • Communications, Media & Technology revenues: “Communications, Media & Technology | $3,217,835 | $2,912,485 | 10% | 9% Financial Services | 3,488,749 | 3,278,891 | 6 | 3”

Copied from the press release ↗ and other documents in the SEC filing ↗. A figure is published only if its sentence is in the filing.

From the filingQ3 FY2026vs year agovs last quarter
Revenue$18.7B+5.6%+3.7%
Operating income$3.2B+6.5%+27.3%
Net income$2.3B+6.4%+28.1%
Diluted EPS$3.80+8.9%+29.7%
Free cash flow$3.6B+2.4%−1.9%
Operating margin17.0%+0.2 pts+3.2 pts

Calculated by code from XBRL, not by the model.

Outlook

MetricPeriodOutlook
Revenuesfourth quarter of fiscal 2026$17.75B – $18.4B
Revenue growth (local currency)fourth quarter of fiscal 20261% – 5%
Revenue growth (local currency)fiscal 20263% to 4%
GAAP operating marginfiscal 202615.3%
Adjusted operating marginfiscal 202615.8%
Annual effective tax ratefiscal 202624.0% – 25.0%
GAAP diluted EPSfiscal 2026$13.38 to $13.50
Adjusted EPSfiscal 2026$13.78 to $13.90
Free cash flowfiscal 2026$10.8 billion to $11.5 billion
Property and equipment additionsfiscal 2026$0.7B
Capital returnfiscal 2026at least $9.5B

Key takeaways

  1. Profit grew faster than revenue

    Revenues rose 3% in local currency, yet operating margin expanded 20 basis points to 17.0% and diluted EPS rose 9% to $3.80. A lower share count added $0.09 to EPS.

  2. Currency flattered reported revenue growth

    Revenue rose 6% in U.S. dollars but 3% in local currency, with a foreign-exchange impact of approximately positive 2.5%. Fourth-quarter guidance assumes approx. (0.5) % foreign exchange.

  3. Full-year revenue outlook was narrowed

    Local-currency growth is now 3% to 4%, versus 3% to 5% in March. Excluding an estimated 1% U.S. federal impact, growth is 4% to 5%.

  4. Bookings fell while large deals held up

    New bookings were $19.32 billion, down 3% in local currency. Year-to-date, Accenture signed 104 quarterly client bookings of $100 million or more, up 13%.

  5. Cash returns continue alongside acquisitions

    Accenture returned $2.2 billion to shareholders in the quarter, and expects capital return of at least $9.5B for the year. It also agreed to acquire a majority stake in Dragos and all of runZero and NetRise.

Charts

Revenue$18.7B+5.6% y/yQ3 FY26
Q1 FY25: $17.7BQ1 25$17.7BQ2 FY25: $16.7BQ2 25$16.7BQ3 FY25: $17.7BQ3 25$17.7BQ4 FY25: $17.6BQ4 25$17.6BQ1 FY26: $18.7BQ1 26$18.7BQ2 FY26: $18.0BQ2 26$18.0BQ3 FY26: $18.7BQ3 26$18.7BQ4 FY26: $18.7BQ4 26$18.7B
Data
Q1 FY25$17.7B
Q2 FY25$16.7B
Q3 FY25$17.7B
Q4 FY25$17.6B
Q1 FY26$18.7B
Q2 FY26$18.0B
Q3 FY26$18.7B
Q4 FY26$18.7B
Diluted EPS (GAAP)$3.80+8.9% y/yQ3 FY26
Q1 FY25: $3.59Q1 25$3.59Q2 FY25: $2.82Q2 25$2.82Q3 FY25: $3.49Q3 25$3.49Q4 FY25: $2.25Q4 25$2.25Q1 FY26: $3.54Q1 26$3.54Q2 FY26: $2.93Q2 26$2.93Q3 FY26: $3.80Q3 26$3.80Q4 FY26: $3.29Q4 26$3.29
Data
Q1 FY25$3.59
Q2 FY25$2.82
Q3 FY25$3.49
Q4 FY25$2.25
Q1 FY26$3.54
Q2 FY26$2.93
Q3 FY26$3.80
Q4 FY26$3.29

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin17.0%+0.2 pts y/yQ3 FY26
Q1 FY25: 16.7%Q1 2516.7%Q2 FY25: 13.5%Q2 2513.5%Q3 FY25: 16.8%Q3 2516.8%Q4 FY25: 11.6%Q4 2511.6%Q1 FY26: 15.3%Q1 2615.3%Q2 FY26: 13.8%Q2 2613.8%Q3 FY26: 17.0%Q3 2617.0%Q4 FY26: 15.3%Q4 2615.3%
Data
Q1 FY2516.7%
Q2 FY2513.5%
Q3 FY2516.8%
Q4 FY2511.6%
Q1 FY2615.3%
Q2 FY2613.8%
Q3 FY2617.0%
Q4 FY2615.3%
Free cash flow$3.6B+2.4% y/yQ3 FY26
Q1 FY25: $870.3MQ1 25$870.3MQ2 FY25: $2.7BQ2 25$2.7BQ3 FY25: $3.5BQ3 25$3.5BQ4 FY25: $3.8BQ4 25$3.8BQ1 FY26: $1.5BQ1 26$1.5BQ2 FY26: $3.7BQ2 26$3.7BQ3 FY26: $3.6BQ3 26$3.6BQ4 FY26: $2.8BQ4 26$2.8B
Data
Q1 FY25$870.3M
Q2 FY25$2.7B
Q3 FY25$3.5B
Q4 FY25$3.8B
Q1 FY26$1.5B
Q2 FY26$3.7B
Q3 FY26$3.6B
Q4 FY26$2.8B

Operating cash flow minus capital expenditure, from cash flow statements.

Questions

What were Accenture's third-quarter fiscal 2026 results?

Revenues were $18.7 billion, up 6% in U.S. dollars and 3% in local currency. Diluted EPS rose 9% to $3.80, and operating margin expanded 20 basis points to 17.0%.

What is Accenture's guidance for the fourth quarter?

It expects revenues of $17.75B – $18.4B, or 1% – 5% growth in local currency, with a foreign-exchange impact of approx. (0.5) %.

How did Accenture change its full-year fiscal 2026 outlook?

It now expects local-currency revenue growth of 3% to 4%, versus 3% to 5% previously. GAAP diluted EPS is now $13.38 to $13.50 and adjusted EPS is $13.78 to $13.90.

How strong was cash flow and shareholder return?

Free cash flow was $3.6 billion for the quarter, and full-year free cash flow is still expected at $10.8 billion to $11.5 billion. Accenture returned $2.2 billion to shareholders, including $1.2 billion of repurchases and $1.0 billion of dividends.

Which parts of the business grew fastest?

Managed Services revenue rose 5% in local currency versus 1% for Consulting. Communications, Media & Technology led industry groups at 9% in local currency, and Asia Pacific led regions at 8%.

Documents

SEC filing