Accenture’s strong Q2 FY25 results reflect broad-based revenue growth across geographic markets, industry groups and types of work; Company updates fiscal 2025 outlook

“Our second quarter results demonstrate that we continue to deliver on our strategy to lead reinvention for our clients and return to strong growth in FY25, with broad-based growth across markets, industries, and the types of work our clients seek from us. The trust and confidence in our unique strengths and capabilities is reflected in 32 clients with quarterly bookings greater than $100 million and we are very pleased to have another milestone quarter in Gen AI with $1.4 billion in new bookings. Our continued growth is made possible by the extraordinary work of our more than 800,000 people around the world who focus on delivering value to our clients every day.”

•New bookings of $20.9 billion, a decrease of 3% in U.S. dollars and flat in local currency

•Generative AI new bookings of $1.4 billion

•Revenues of $16.7 billion, an increase of 5% in U.S. dollars and 8.5% in local currency

•Operating margin of 13.5%, an increase of 50 basis points, and a decrease of 20 basis points compared to adjusted¹ operating margin

•Diluted earnings per share of $2.82, a 7% increase, and a 2% increase over adjusted EPS

•Free cash flow of $2.68 billion

•Quarterly cash dividend of $1.48 per share, representing a 15% increase; repurchases or redemptions of 4.0 million shares for a total of $1.4 billion

•Company narrows full-year revenue growth to 5% to 7% in local currency

•Continues to expect foreign exchange impact of approximately negative 0.5%

•Updates operating margin to 15.6% to 15.7%, an expansion of 10 to 20 basis points over adjusted operating margin

•Now expects diluted earnings per share to be in the range of $12.55 to $12.79

New bookings for the second quarter of fiscal 2025 were $20.91 billion, a decrease of 3% in U.S. dollars and flat in local currency compared to the second quarter of fiscal 2024.

•Consulting new bookings were $10.47 billion.

•Managed Services new bookings were $10.44 billion.

Revenues for the second quarter of fiscal 2025 were $16.66 billion, an increase of 5% in U.S. dollars and 8.5% in local currency, and were at the top end of the company’s guided range of $16.2 billion to $16.8 billion. The foreign-exchange impact for the quarter was approximately negative 3.0%, compared with the negative 2.5% assumption provided in the company’s first-quarter earnings release.

Revenues

(in billions)

$8.28

$8.38

$16.66

Revenues

(in billions)

Americas2

$8.55

$5.80

Asia Pacific2

$2.30

$16.66

Revenues

(in billions)

$2.73

$3.01

$3.61

$5.05

$2.26

$16.66

•GAAP operating margin (operating income as a percentage of revenues) for the quarter was 13.5%, compared to GAAP operating margin of 13.0%, and adjusted operating margin of 13.7% for the second quarter of fiscal 2024.

•GAAP operating income for the quarter increased 10% to $2.24 billion compared with GAAP operating income of $2.05 billion, and increased 4% compared with adjusted operating income of $2.16 billion for the second quarter of fiscal 2024.

•GAAP diluted EPS for the quarter were $2.82, a 7% increase over $2.63 for the second quarter of fiscal 2024.

•Excluding a $0.14 decrease for business optimization costs in the second quarter of fiscal 2024, GAAP diluted EPS increased 2% over adjusted EPS of $2.77 for the second quarter of fiscal 2024.

$2.85

$2.10

$0.17

$0.11

$2.68

$1.99

•On February 14, 2025, a quarterly cash dividend of $1.48 per share was paid to shareholders of record at the close of business on January 16, 2025.

◦These cash dividend payments totaled $929 million.

•Accenture plc has declared another quarterly cash dividend of $1.48 per share for shareholders of record at the close of business on April 10, 2025.

◦This dividend, which is payable on May 15, 2025, represents a 15% increase over the quarterly dividend rate of $1.29 per share in fiscal 2024.

•During the second quarter of fiscal 2025, Accenture repurchased or redeemed 4.0 million shares for a total of $1.4 billion, including approximately 2.4 million shares repurchased in the open market.

•Accenture’s total remaining share repurchase authority at February 28, 2025 was approximately $5.0 billion.

•At February 28, 2025, Accenture had approximately 627 million total shares outstanding.

15.6% – 15.7%

80 – 90 bps expansion over FY24 GAAP

10 – 20 bps over FY24 adjusted op margin*

15.6% – 15.8%

80 – 100 bps expansion over FY24 GAAP

10 – 30 bps over FY24 adjusted op margin*

$12.55 – $12.79

10% – 12% increase over FY24 GAAP

5% – 7% over FY24 adjusted EPS**

$12.43 – $12.79

9% – 12% increase over FY24 GAAP

4% – 7% over FY24 adjusted EPS**

Conference Call and Webcast Details

Accenture will host a conference call at 8:00 a.m. EDT today to discuss its second quarter fiscal 2025 financial results. To participate in the teleconference, please dial +1 (877) 883-0383 [+1 (412) 317-6061 outside the U.S., Puerto Rico and Canada] and enter access code 2669177 approximately 15 minutes before the scheduled start of the call.

The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at accenture.com. A replay will be available on this website following the call.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.

360° Value Reporting

Accenture’s goal is to create 360° value for our clients, people, shareholders, partners and communities. Our full 360° Value Report and online 360° Value Reporting Experience provide customizable reporting. To access, please visit the Accenture 360° Value Reporting Experience at accenture.com/reportingexperience.

Non-GAAP Financial Information

This news release includes certain non-GAAP financial information as defined by Securities and Exchange Commission Regulation G. Pursuant to the requirements of this regulation, reconciliations of this non-GAAP financial information to Accenture’s financial statements as prepared under generally accepted accounting principles (GAAP) are included in this press release. Financial results “in local currency” are calculated by restating current-period activity into U.S. dollars using the comparable prior-year period’s foreign-currency exchange rates. Accenture’s management believes providing investors with this information gives additional insights into Accenture’s results of operations. While Accenture’s management believes that the non-GAAP financial measures herein are useful in evaluating Accenture’s operations, this information should be considered as supplemental in nature and not as a substitute for the related financial information prepared in accordance with GAAP. Accenture provides full-year revenue guidance on a local-currency basis and not in U.S. dollars because the impact of foreign exchange rate fluctuations could vary significantly from the company’s stated assumptions.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target,” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving

Rachel Frey
Accenture Media Relations
+1 917 452 4421
rachel.frey@accenture.com

Katie O’Conor
Accenture Investor Relations
+1 973 301 3275
catherine.m.oconor@accenture.com

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