Accenture reported third quarter fiscal 2026 revenue of $18.72 billion, a 6% year-over-year increase, with diluted EPS growing 9% to $3.80. While headline results surpassed analyst expectations, new bookings declined and the company tightened its full-year revenue forecast.
Key Highlights
- New bookings for the quarter were $19.32 billion, a decrease of 2% in U.S. dollars and missing analyst expectations of $20.5 billion.
- Growth was led by the Managed Services segment, which saw revenues increase by 8% in U.S. dollars, while the Consulting segment grew a more modest 4%.
- Accenture narrowed its full-year fiscal 2026 revenue growth guidance to a range of 3% to 4% in local currency, down from the previous range of 3% to 5%.
- Operating margin expanded by 20 basis points to 17.0% for the quarter.