For the first quarter of FY26, Accenture reported revenue of $18.7 billion, up 6% in US dollars and 5% in local currency.
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The company also recorded new bookings of $20.9 billion, up 12% in US dollars and 10% in local currency. Within this, Advanced AI Booking contributed $2.2 billion.
The company’s GAAP operating margin came in at 15.3%, a decline of 140 basis points compared to 16.7% margin in Q1 FY25. However, adjusted operating margin increased by 30 basis points to 17.0%.
GAAP diluted earnings per share (EPS) was $3.54, down slightly from the $3.59 reported in the same quarter last year. On an adjusted basis, EPS increased 10% to $3.94.
Free cash flow for the quarter was $1.5 billion. Accenture returned a total of $3.3 billion to shareholders, including $2.3 billion in share repurchases or redemptions of 9.5 million shares and a $1.0 billion dividend payment, a 10% year-over-year increase of $1.63 per share.
Accenture guidance for FY26
In its business outlook for fiscal 2026, the company maintained full-year revenue growth expectations of 2% to 5% in local currency. Excluding an estimated 1% impact from its US federal business, revenue growth in local currency is estimated to be between 3% and 6%.
Accenture now expects its GAAP operating margin to be between 15.2% and 15.4%, an expansion of 50 to 70 basis points. Adjusted operating margin is expected to be between 15.7% and 15.9%, representing an increase of 10 to 30 basis points.
The company also revised its full-year GAAP diluted EPS guidance to a range of $13.12 to $13.50, representing an increase of 8% to 11%. Adjusted EPS is expected to be between $13.52 and $13.90, representing an increase of 5% to 8%.
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