Accenture’s fiscal 2025 revenues, adjusted EPS and free cash flow come in ahead of Company’s expectations; Early AI investments help drive strong fiscal 2025 results

“I am very pleased with our 7% growth in fiscal 2025, demonstrating our unique ability to deliver for our clients as they seek our help to reinvent and lead with AI. As clients continue to embrace reinvention to create value and drive financial results and business outcomes, they need help to build their digital core, prepare data and reimagine processes, all while training their people to work in entirely new ways. This is what Accenture does best and our strong results this year clearly illustrate our impact. I am grateful to the Reinventors of Accenture who bring their unique talents, together with our proprietary tools and leading partnerships, to bear as we deliver value to our clients with certainty and speed.”

•New bookings of $21.3 billion for the quarter and $80.6 billion for the year

•Generative AI new bookings of $1.8 billion for the quarter and $5.9 billion for the year

•Revenues of $17.6 billion for the quarter, an increase of 7% in U.S. dollars and 4.5% in local currency; and $69.7 billion for the year, an increase of $4.8 billion or 7% in both U.S. dollars and local currency

•Fourth quarter GAAP operating margin of 11.6%, a decrease of 270 basis points; adjusted1 operating margin of 15.1%, an increase of 10 basis points

•Full year GAAP operating margin of 14.7%, a decrease of 10 basis points; adjusted operating margin of 15.6%, an increase of 10 basis points

•Fourth quarter GAAP diluted EPS of $2.25, a 15% decrease; adjusted EPS of $3.03, a 9% increase

•Full year GAAP diluted EPS of $12.15, a 6% increase; adjusted EPS of $12.93, an 8% increase

•Free cash flow of $3.8 billion for the quarter and $10.9 billion for the year

•Company expects full-year revenue growth of 2% to 5% in local currency; excluding a 1% to 1.5% impact from its U.S. federal business, company expects revenue growth of 3% to 6% in local currency

•Expects full-year GAAP diluted EPS of $13.19 to $13.57, a 9% to 12% increase; expects full-year adjusted EPS of $13.52 to $13.90, a 5% to 8% increase

•Company expects to return at least $9.3 billion in cash to shareholders in fiscal year 2026

New bookings for the fourth quarter of fiscal 2025 were $21.31 billion, an increase of 6% in U.S. dollars and 3% in local currency over the fourth quarter of fiscal 2024, with a book-to-bill of 1.2.

•Consulting new bookings were $8.87 billion.

•Managed Services new bookings were $12.44 billion.

Revenues for the fourth quarter of fiscal 2025 were $17.60 billion, an increase of 7% in U.S. dollars and 4.5% in local currency, and were at the top end of the company’s guided range of $17.0 billion to $17.6 billion, or 1% to 5% growth in local currency. Revenues reflect a foreign-exchange impact of approximately positive 2.5%, consistent with the assumption provided in the company’s third-quarter earnings release.

Revenues

(in billions)

Revenues

(in billions)

Americas2

Asia Pacific2

Revenues

(in billions)

The company expects to increase its overall number of employees in FY26 across its markets, including in the US and countries in Europe, reflecting the demand it sees in its business. In addition to continuing to hire, the company is implementing a refreshed three-pronged talent strategy to meet current and future client demand: including investing in upskilling people, which is its primary focus; exiting people in a compressed timeline where reskilling is not a viable path for the skills it needs; and identifying areas to drive even more operating efficiencies in its business, including through AI. In Q4 FY25, the company initiated a six-month business optimization program and recorded a charge of $615 million. The company also expects to record approximately $250 million in Q1 FY26 for a total of approximately $865 million over the six-month period. This reflects severance costs associated with this talent strategy, as well as the impairment of assets, primarily related to the divestiture of two acquisitions that are no longer aligned with the company’s strategic priorities. These actions will result in cost savings, which will be reinvested in its people and business.

•GAAP operating margin (operating income as a percentage of revenues) for the quarter was 11.6%, compared with GAAP operating margin of 14.3%, and adjusted operating margin was 15.1% compared with adjusted operating margin of 15.0% for the fourth quarter of fiscal 2024.

•GAAP operating income for the quarter decreased 13% to $2.05 billion compared with GAAP operating income of $2.35 billion, and adjusted operating income was $2.67 billion, an increase of 8% compared with adjusted operating income of $2.46 billion for the fourth quarter of fiscal 2024.

•GAAP diluted EPS for the quarter were $2.25, a 15% decrease from $2.66 for the fourth quarter of fiscal 2024.

•Adjusted EPS for the quarter were $3.03, a 9% increase over adjusted EPS of $2.79 for the fourth quarter of fiscal 2024, which excludes $0.78 and $0.13 for business optimization costs in fiscal 2025 and 2024, respectively.

New bookings for fiscal 2025 were $80.62 billion, a decrease of 1% in both U.S. dollars and local currency compared with fiscal 2024, with a book-to-bill of 1.2.

•Consulting new bookings were $37.64 billion.

•Managed Services new bookings were $42.98 billion.

Revenues for fiscal 2025 were $69.67 billion, an increase of 7% in both U.S. dollars and local currency. There was minimal currency translation impact for fiscal 2025 compared to fiscal 2024.

Revenues

(in billions)

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Americas2

Asia Pacific2

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•GAAP operating margin (operating income as a percentage of revenues) for fiscal 2025 was 14.7%, compared to GAAP operating margin of 14.8%, and adjusted operating margin was 15.6%, compared with adjusted operating margin of 15.5% for fiscal 2024.

•GAAP operating income for fiscal 2025 increased 7% to $10.23 billion compared with GAAP operating income of $9.60 billion, and adjusted operating income increased 8% to $10.84 billion compared with adjusted operating income of $10.03 billion for fiscal 2024.

•GAAP diluted EPS for fiscal 2025 were $12.15, a 6% increase over $11.44 for fiscal 2024.

•Adjusted EPS for fiscal 2025 were $12.93, an increase of 8% over adjusted EPS of $11.95 for fiscal 2024, which excludes $0.78 and $0.51 for business optimization costs in fiscal 2025 and fiscal 2024, respectively.

•On August 15, 2025, a quarterly cash dividend of $1.48 per share was paid to shareholders of record at the close of business on July 10, 2025.

◦These cash dividend payments totaled $922 million, bringing dividend payments for the full year to $3.70 billion, compared with $3.24 billion in fiscal 2024.

•Accenture plc has declared another quarterly cash dividend of $1.63 per share for shareholders of record at the close of business on October 10, 2025.

◦This dividend, which is payable on November 14, 2025, represents a 10% increase over the company’s previous quarterly dividend.

•During the fourth quarter of fiscal 2025, Accenture repurchased or redeemed 1.6 million shares for a total of $474 million, which were primarily repurchased in the open market. Total share repurchases and redemptions for the full fiscal year were 14.1 million shares for a total of $4.6 billion, including 11.9 million shares repurchased in the open market.

•Accenture’s total outstanding authority is approximately $7.9 billion, which includes $5.0 billion in additional share repurchase authority approved by the company’s Board of Directors.

•At August 31, 2025, Accenture had approximately 622 million total shares outstanding.

Revenue Growth (Local Currency)

Revenue Growth (Local Currency)

2% – 5%

approx. 3% – 6% excluding an estimated 1% to 1.5% impact from its U.S. federal business

15.3% – 15.5%

60 bps – 80 bps expansion over FY25

15.7% – 15.9%

10 bps – 30 bps expansion over adjusted FY25, excluding an estimated $250 million for business optimization costs in Q1

Annual Effective Tax Rate (GAAP and Adjusted)

$13.19 – $13.57

9% – 12% increase over FY25

$13.52 – $13.90

5% – 8% increase over adjusted FY25, excluding an estimated $0.33 per share for business optimization costs in Q1

Conference Call and Webcast Details

Accenture will host a conference call at 8:00 a.m. EDT today to discuss its fourth quarter and full year 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 8198897 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 779,000 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.

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 technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI could harm our business, damage our reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets

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

Alexia Quadrani
Accenture Investor Relations
+1 917 452 8542
alexia.quadrani@accenture.com

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