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Accenture Posts Q4 Beat and Launches $865 Million Overhaul as AI Deals Accelerate

The cautious FY26 outlook reflects softer discretionary demand alongside U.S. federal procurement cuts during an AI-focused overhaul.

Overview

  • Revenue rose to $17.6 billion and adjusted EPS reached $3.03 for fiscal Q4, topping estimates, as total quarterly bookings hit $21.3 billion.
  • Generative AI bookings were $1.8 billion in Q4 and about $5.9 billion for the year, underscoring growing client demand for AI-led projects.
  • Accenture began a six‑month, $865 million restructuring with $615 million booked in Q4 and roughly $250 million expected next quarter, including exits for roles that cannot be reskilled for AI.
  • Global headcount stood at about 779,000 at August-end, down from 791,000 three months earlier, while the company reported training hundreds of thousands on AI and growing to roughly 77,000 AI and data professionals.
  • FY26 revenue growth is guided to 2–5% with Q1 at $18.1–$18.75 billion, as management cites weaker corporate discretionary spending and a 1–1.5 percentage-point drag from U.S. federal spending; shares slipped following the outlook despite a dividend increase and plans to return at least $9.3 billion to investors.