EarningsQ4 2026 Earnings Report
MX:ACNN Q4 2026 EPS Results
Actual EPS$59.93
Consensus EPS$57.81
Beat/MissBeat by +$2.12
One Year Ago EPS$55.03
MX:ACNN Q4 2026 Revenue Results
Actual Revenue$339.24B
Expected Revenue$327.48B
Beat/MissBeat by +$11.76B
YoY Revenue Growth+6.15%
Earnings Announcement Details
QuarterQ4 2026
Date10/01/2026
TimeBefore Open
Conference CallThursday, October 1, 2026
MX:ACNN Upcoming Earnings
Accenture's next earnings date is estimated for December 17, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:ACNN Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was strongly positive, supported by Q4 revenue and bookings above guidance, broad-based growth, margin and EPS expansion, record free cash flow and shareholder returns, continued AI demand, and a constructive fiscal 2027 outlook. The company also acknowledged meaningful challenges, including the approximately $1 billion annualized Middle East headwind, uncertain discretionary spending, intense competition, lower pricing in some areas, lumpy managed services bookings and AI-related productivity and renewal pressure. Overall, the highlights significantly outweighed the lowlights.Company Guidance
Q4 Revenue Growth Above Guidance
Q4 revenue was $18.7 billion, increasing 6% in U.S. dollars and 7% in local currency, above the top end of the guided range. Growth was broad-based across markets, industries and both types of work.
Strong Q4 Bookings and Large Client Wins
Q4 bookings were $22.2 billion, up 4% in U.S. dollars and 5% in local currency, with a book-to-bill of 1.2. The quarter included 37 clients with bookings greater than $100 million.
Record Managed Services Bookings
Managed services bookings reached a record $12.8 billion, with a book-to-bill of 1.4 and a trailing four-quarter book-to-bill of 1.2. Fixed-price work, including outcome-based work, represented more than 65% of bookings.
Broad Geographic and Service-Line Growth
Q4 revenue grew 7% in local currency in the Americas, EMEA and Asia Pacific. Consulting revenue increased 6% in U.S. dollars and 7% in local currency, while managed services revenue increased 7% in both U.S. dollars and local currency.
Q4 Margin and Earnings Expansion
Q4 operating income was $2.9 billion, reflecting a 15.3% operating margin, up 20 basis points from adjusted operating margin in the prior-year quarter. Diluted EPS increased 9% to $3.29 from adjusted diluted EPS of $3.03.
Strong Q4 Cash Flow and Shareholder Returns
Q4 free cash flow was $2.8 billion, based on $3.1 billion of operating cash flow less $250 million of property and equipment additions. Accenture repurchased 17.6 million shares for $2.3 billion and paid almost $1 billion in quarterly dividends, with the dividend up 10% year over year.
Full-Year Profitable Growth
Fiscal 2026 revenue was $74.2 billion, up 5% in local currency and including approximately $4.5 billion of revenue added over fiscal 2025. Adjusted operating margin expanded 20 basis points to 15.8%, adjusted EPS grew 8% to $13.97, and free cash flow increased 7% to $11.6 billion.
Record Full-Year Bookings and Large Relationships
Fiscal 2026 bookings were $84.5 billion, with a book-to-bill of 1.1 and a record 141 quarterly client bookings above $100 million, 12 more than the prior year. Accenture ended the year with 317 Diamond clients.
Record Cash Returned to Shareholders
Accenture returned a record $11.5 billion to shareholders in fiscal 2026, a 38% increase over the prior year, including $2 billion of additional share repurchases in Q4.
Investment in Acquisitions, R&D and Talent
Accenture invested $4.9 billion across 17 acquisitions, $1 billion in R&D and $1 billion in learning and development during fiscal 2026. Employees completed 46 million hours of training.
Expansion of AI and Data Workforce
Accenture ended fiscal 2026 with nearly 110,000 AI and data professionals, exceeding its three-year goal of doubling the workforce from 40,000 to 80,000. Nearly 100 additional clients initiated their first advanced AI work in Q4, bringing the fiscal-year total to more than 400.
Strong Ecosystem Partner Momentum
The top 10 ecosystem partners represented more than 60% of fiscal 2026 revenue, with related revenue growing 6% and outpacing Accenture overall. For eight emerging AI and data partners, bookings more than tripled and revenue more than doubled compared with fiscal 2025.
AI and Industry Transformation Examples
Accenture cited multiple client outcomes from AI-enabled transformation: BP produced 2.5 times more content with 23% less effort, customer engagement activity grew threefold, active loyalty customers increased 12% and loyalty transactions rose 7%. For a pharmaceutical client, Faculty's platform reduced clinical-trial scenario analysis from 10 days to 10 minutes, improved enrollment forecast accuracy by 60% and identified designs that could shorten timelines by up to three months.
Positive Fiscal 2027 Outlook
Fiscal 2027 revenue is expected to grow 3% to 6% in local currency, with an inorganic contribution of 2% to 2.5%. Operating margin is expected to be 15.9% to 16.1%, representing 10 to 30 basis points of expansion; diluted EPS is expected to be $14.39 to $14.81, or 3% to 6% growth; and free cash flow is expected to be $11 billion to $11.8 billion.
Planned Fiscal 2027 Acquisitions and Shareholder Returns
Accenture currently expects to deploy approximately $5 billion in additional acquisitions during fiscal 2027. It expects to return at least $9.5 billion to shareholders, including $5.5 billion in share repurchases and dividends growing 5% per share, while reducing weighted average share count by approximately 3%.
Federal Business and Partner Strategy
The federal business overdelivered in Q4 and management expects it to be a significant contributor in fiscal 2027. Accenture also highlighted its ability to scale FTE-based delivery models with Palantir and other partners and to combine those models with repeatable offerings.
Investment in AI Safety
Accenture plans to invest $1 billion over the next five years to build its AI safety business, including a safety lab and supporting team. The company said its relationship with Anthropic is nonexclusive and that it expects to work with multiple frontier labs.
Contract Profitability and Delivery Efficiency
Contract profitability expanded in fiscal 2026 despite significant investment in acquisitions, talent, learning and development and R&D. Management also reported 10 basis points of gross-margin expansion for both Q4 and the full year.
MX:ACNN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed