Accenture Reports Second-Quarter Fiscal 2025 Results

    Accenture Reports Second-Quarter Fiscal 2025 Results

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    Accenture Reports Second-Quarter Fiscal 2025 Results
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
NEW YORK; March 20, 2025 — Accenture (NYSE: ACN) reported financial results for the second quarter of 
fiscal 2025 ended February 28, 2025. 
All comparisons are to the second quarter of fiscal 2024, unless noted otherwise.
Accenture Chair and CEO Julie Sweet
“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.” 
Second Quarter Fiscal 2025 Key Metrics
• 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
Fiscal 2025 Business Outlook Highlights
• 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
1Adjusted financial measures presented in this release are non-GAAP financial measures that exclude business optimization costs 
recorded in fiscal 2024 as further described in this release.
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    Q2 FY25 Financial Review
New Bookings
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
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 by Type of Work
Revenues 
(in billions)
Increase (Decrease) from Q2 FY24
U.S. Dollars Local Currency
Consulting $8.28 3 % 6 %
Managed Services $8.38 8 % 11 %
Total $16.66 5 % 8.5 %
Revenues by Geographic Market
Revenues
(in billions)
Increase (Decrease) from Q2 FY24
U.S. Dollars Local Currency
Americas2$8.55 9 % 11 %
EMEA $5.80 4 % 8 %
Asia Pacific2$2.30 (3) % 1 %
Total $16.66 5 % 8.5 %
Revenues by Industry Group
Revenues
(in billions)
Increase (Decrease) from Q2 FY24
U.S. Dollars Local Currency
Communications, Media & 
Technology $2.73 3 % 6 %
Financial Services $3.01 7 % 11 %
Health & Public Service $3.61 8 % 10 %
Products $5.05 6 % 9 %
Resources $2.26 1 % 5 %
Total $16.66 5 % 8.5 %
Amounts in tables may not total due to rounding.
2During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, 
North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been 
reclassified to conform with the current period presentation.
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    Q2 FY25 Financial Review
Operating Margin and Operating Income
• 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.
Gross margin (gross profit as a percentage of revenues) for the quarter was 29.9% compared to 30.9% in the 
second quarter of fiscal 2024. Selling, general and administrative (SG&A) expenses for the quarter were $2.73 
billion, or 16.4% of revenues, compared with $2.72 billion, or 17.2% of revenues, for the second quarter of 
fiscal 2024. 
The company’s GAAP effective tax rate for the quarter was 20.4%, compared with 18.4% for the second 
quarter of fiscal 2024. For the second quarter of fiscal 2024, the adjusted effective tax rate was 18.8%.
GAAP net income for the quarter was $1.82 billion, compared with $1.71 billion for the second quarter of fiscal 
2024. For the second quarter of fiscal 2024, adjusted net income was $1.80 billion.
Earnings Per Share
• 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.
Year over Year Increase in Diluted Earnings Per Share
Second Quarter Fiscal 2024 Adjusted EPS $2.77
Higher revenue and operating results $0.11
Lower share count $0.01
Lower non-operating income $(0.01)
Higher effective tax rate $(0.06)
Second Quarter Fiscal 2025 GAAP EPS $2.82
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    Q2 FY25 Financial Review
Cash Flow
Second Quarter Fiscal 2025
(in billions)
Second Quarter Fiscal 2024
(in billions)
Operating Cash Flow $2.85 $2.10
Less: Property & Equipment Additions $0.17 $0.11
Free Cash Flow $2.68 $1.99
Days services outstanding, or DSOs, were 48 days at February 28, 2025, compared with 46 days at 
August 31, 2024 and 43 days at February 29, 2024. 
Accenture’s total cash balance at February 28, 2025 was $8.5 billion, compared with $5.0 billion at August 31, 
2024.
Dividend
• 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.
Share Repurchase Activity
• 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.
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    Business Outlook
Third Quarter Fiscal 2025 Outlook
Revenues $16.9B – $17.5B
Revenue Growth (Local Currency) 3% – 7%
Foreign-Exchange Impact on Results Approximately negative 0.5%
Full Year Fiscal 2025 Outlook
As of March 20, 2025 As of December 19, 2024
Revenue Growth (Local 
Currency) 5% – 7% 4% – 7%
Foreign-Exchange Impact on 
Results Approximately negative 0.5% Approximately negative 0.5%
Operating Margin
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*
Annual Effective Tax Rate 22.5% – 24.5% 22.5% – 24.5%
Diluted Earnings Per Share
$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**
Operating Cash Flow $9.4B – $10.1B $9.4B – $10.1B
Property & Equipment Additions $600M $600M
Free Cash Flow $8.8B – $9.5B $8.8B – $9.5B
Capital Return at least $8.3B at least $8.3B
*Fiscal 2024 adjusted operating margin excluded $438 million for business optimization costs. 
**Fiscal 2024 adjusted EPS excluded $0.51 for business optimization costs.
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    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 
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    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 
in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s 
ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does 
not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish 
new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s 
profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its costmanagement strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon 
targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax 
proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on 
the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of 
operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture's debt 
obligations could adversely affect our business and financial condition; changes to accounting standards or in the 
estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements 
could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and our strategy 
to continue to grow in our key markets around the world, the company is more susceptible to certain risks; if Accenture 
is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its 
business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into 
joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company 
incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the 
government contracting environment; Accenture’s global operations expose the company to numerous and sometimes 
conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or 
if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability 
to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to 
criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors 
discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K, as updated in 
Item 1A, “Risk Factors” in its Quarterly Report on Form 10-Q for the second quarter of fiscal 2025, and other documents 
filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of 
the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this 
news release or to conform such statements to actual results or changes in Accenture’s expectations.
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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    Accenture plc
Consolidated Income Statements
(In thousands of U.S. dollars, except share and per share amounts)
(Unaudited)
Three Months Ended Six Months Ended
February 28, 
2025
% of 
Revenues
February 29, 
2024
% of 
Revenues
February 28, 
2025
% of 
Revenues
February 29, 
2024
% of 
Revenues
REVENUES:
Revenues $ 16,659,301 100.0 % $ 15,799,514 100.0 % $ 34,348,846 100.0 % $ 32,023,817 100.0 %
OPERATING EXPENSES:
Cost of services 11,684,313 70.1 % 10,921,045 69.1 % 23,551,029 68.6 % 21,697,407 67.8 %
Sales and marketing 1,676,781 10.1 % 1,631,185 10.3 % 3,487,890 10.2 % 3,341,076 10.4 %
General and administrative costs 1,053,493 6.3 % 1,085,448 6.9 % 2,116,736 6.2 % 2,118,947 6.6 %
Business optimization costs — — % 115,409 0.7 % — — % 255,073 0.8 %
Total operating expenses 14,414,587 13,753,087 29,155,655 27,412,503 
OPERATING INCOME 2,244,714 13.5 % 2,046,427 13.0 % 5,193,191 15.1 % 4,611,314 14.4 %
Interest income 76,113 65,269 152,140 167,249 
Interest expense (64,669) (10,305) (94,711) (24,800) 
Other income (expense), net 32,616 (5,652) (6,601) (41,371) 
INCOME BEFORE INCOME TAXES 2,288,774 13.7 % 2,095,739 13.3 % 5,244,019 15.3 % 4,712,392 14.7 %
Income tax expense 466,333 386,537 1,105,388 993,209 
NET INCOME 1,822,441 10.9 % 1,709,202 10.8 % 4,138,631 12.0 % 3,719,183 11.6 %
Net income attributable to 
noncontrolling interest in Accenture 
Canada Holdings Inc. (1,685) (1,675) (3,855) (3,691) 
Net income attributable to 
noncontrolling interests – other (1) (32,681) (32,668) (67,807) (67,189) 
NET INCOME ATTRIBUTABLE TO 
ACCENTURE PLC $ 1,788,075 10.7 % $ 1,674,859 10.6 % $ 4,066,969 11.8 % $ 3,648,303 11.4 %
CALCULATION OF EARNINGS PER 
SHARE:
Net income attributable to Accenture plc $ 1,788,075 $ 1,674,859 $ 4,066,969 $ 3,648,303 
Net income attributable to 
noncontrolling interest in Accenture 
Canada Holdings Inc. (2) 1,685 1,675 3,855 3,691 
Net income for diluted earnings per 
share calculation $ 1,789,760 $ 1,676,534 $ 4,070,824 $ 3,651,994 
WEIGHTED AVERAGE SHARES:
Basic 626,824,946 629,016,555 626,247,762 628,488,831 
Diluted 634,211,978 636,797,814 634,543,212 637,069,356 
EARNINGS PER SHARE:
Basic $ 2.85 $ 2.66 $ 6.49 $ 5.80 
Diluted $ 2.82 $ 2.63 $ 6.42 $ 5.73 
Cash dividends per share $ 1.48 $ 1.29 $ 2.96 $ 2.58 
(1) Comprised primarily of noncontrolling interest attributable to the noncontrolling shareholders of Avanade, Inc.
(2) Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on 
a one-for-one basis. The income effect does not take into account “Net income attributable to noncontrolling interests — other,” since those shares are not 
redeemable or exchangeable for Accenture plc Class A ordinary shares.
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    Accenture plc
Summary of Revenues
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended
Percent
Increase 
(Decrease)
U.S.
Dollars
Percent
Increase 
(Decrease) 
Local
February 28, 2025 February 29, 2024 Currency
GEOGRAPHIC MARKETS
Americas (1) $ 8,553,098 $ 7,815,543 9 % 11 %
EMEA 5,803,875 5,598,850 4 8 
Asia Pacific (1) 2,302,328 2,385,121 (3) 1 
Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 %
INDUSTRY GROUPS
Communications, Media & Technology $ 2,729,655 $ 2,654,137 3 % 6 %
Financial Services 3,010,430 2,808,930 7 11 
Health & Public Service 3,608,912 3,334,039 8 10 
Products 5,051,839 4,761,838 6 9 
Resources 2,258,465 2,240,570 1 5 
Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 %
TYPE OF WORK
Consulting $ 8,282,260 $ 8,021,034 3 % 6 %
Managed Services 8,377,041 7,778,480 8 11 
Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 %
Six Months Ended
Percent
Increase 
(Decrease)
U.S.
Dollars
Percent
Increase 
(Decrease) 
Local
February 28, 2025 February 29, 2024 Currency
GEOGRAPHIC MARKETS
Americas (1) $ 17,286,193 $ 15,842,515 9 % 11 %
EMEA 12,215,827 11,402,492 7 7 
Asia Pacific (1) 4,846,826 4,778,810 1 2 
Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 %
INDUSTRY GROUPS
Communications, Media & Technology $ 5,587,540 $ 5,323,585 5 % 6 %
Financial Services 6,179,265 5,842,508 6 7 
Health & Public Service 7,421,521 6,711,505 11 11 
Products 10,477,156 9,621,825 9 9 
Resources 4,683,364 4,524,394 4 5 
Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 %
TYPE OF WORK
Consulting $ 17,327,488 $ 16,477,540 5 % 6 %
Managed Services 17,021,358 15,546,277 9 11 
Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 %
(1) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became 
the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period 
presentation.
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    Accenture plc
Operating Income by Geographic Market
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended
 February 28, 2025 February 29, 2024
Operating
Income
Operating
Margin
Operating
Income
Operating
Margin
Increase 
(Decrease)
Americas (1) $ 1,240,443 15 % $ 1,083,257 14 % $ 157,186 
EMEA 639,235 11 529,012 9 110,223 
Asia Pacific (1) 365,036 16 434,158 18 (69,122) 
Total Operating Income $ 2,244,714 13.5 % $ 2,046,427 13.0 % $ 198,287 
Six Months Ended
 February 28, 2025 February 29, 2024
Operating
Income
Operating
Margin
Operating
Income
Operating
Margin
Increase 
(Decrease)
Americas (1) $ 2,617,677 15 % $ 2,376,238 15 % $ 241,439 
EMEA 1,675,212 14 1,352,613 12 322,599 
Asia Pacific (1) 900,302 19 882,463 18 17,839 
Total Operating Income $ 5,193,191 15.1 % $ 4,611,314 14.4 % $ 581,877 
(1) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became 
the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period 
presentation.
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    Accenture plc
Reconciliation of Operating Income, as Reported (GAAP) to Operating Income as Adjusted (Non-GAAP)
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended
 February 28, 2025 February 29, 2024
As 
Reported 
(GAAP)
Operating
Margin 
(GAAP)
As 
Reported
(GAAP)
Business 
Optimization (1)
Adjusted 
(Non-GAAP)
Operating
Margin 
(Non-GAAP)
Increase 
(Decrease) 
(Non-GAAP)
Americas (2) $ 1,240,443 15 % $ 1,083,257 $ 11,860 $ 1,095,117 14 % $ 145,326 
EMEA 639,235 11 529,012 85,561 614,573 11 24,662 
Asia Pacific (2) 365,036 16 434,158 17,988 452,146 19 (87,110) 
Total Operating Income $ 2,244,714 13.5 % $ 2,046,427 $ 115,409 $ 2,161,836 13.7 % $ 82,878 
Six Months Ended
 February 28, 2025 February 29, 2024
As 
Reported 
(GAAP)
Operating
Margin 
(GAAP)
As 
Reported
(GAAP)
Business 
Optimization (1)
Adjusted 
(Non-GAAP)
Operating
Margin 
(Non-GAAP)
Increase 
(Decrease) 
(Non-GAAP)
Americas (2) $ 2,617,677 15 % $ 2,376,238 $ 61,915 $ 2,438,153 15 % $ 179,524 
EMEA 1,675,212 14 1,352,613 156,365 1,508,978 13 166,234 
Asia Pacific (2) 900,302 19 882,463 36,793 919,256 19 (18,954) 
Total Operating Income $ 5,193,191 15.1 % $ 4,611,314 $ 255,073 $ 4,866,387 15.2 % $ 326,804 
(1) Costs recorded in connection with our business optimization initiatives, primarily for employee severance.
(2) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became 
the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period 
presentation.
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    Accenture plc
Reconciliation of Net Income and Diluted Earnings Per Share, as Reported (GAAP), to Net Income and 
Diluted Earnings Per Share, as Adjusted (Non-GAAP) 
(In thousands of U.S. dollars, except per share amounts)
(Unaudited)
 
Three Months Ended
February 28, 2025 February 29, 2024
As Reported 
(GAAP)
As Reported 
(GAAP)
Business 
Optimization (1)
Adjusted 
(Non-GAAP)
Operating Income $ 2,244,714 $ 2,046,427 $ 115,409 $ 2,161,836 
Operating Margin 13.5 % 13.0 % 0.7 % 13.7 %
Income before income taxes 2,288,774 2,095,739 115,409 2,211,148 
Income tax expense 466,333 386,537 28,078 414,615 
Net Income $ 1,822,441 $ 1,709,202 $ 87,331 $ 1,796,533 
Effective tax rate 20.4 % 18.4 % 24.3 % 18.8 %
Diluted earnings per share (2) $ 2.82 $ 2.63 $ 0.14 $ 2.77 
Six Months Ended
February 28, 2025 February 29, 2024
As Reported 
(GAAP)
As Reported 
(GAAP)
Business 
Optimization (1)
Adjusted 
(Non-GAAP)
Operating Income $ 5,193,191 $ 4,611,314 $ 255,073 $ 4,866,387 
Operating Margin 15.1 % 14.4 % 0.8 % 15.2 %
Income before income taxes 5,244,019 4,712,392 255,073 4,967,465 
Income tax expense 1,105,388 993,209 62,056 1,055,265 
Net Income $ 4,138,631 $ 3,719,183 $ 193,017 $ 3,912,200 
Effective tax rate 21.1 % 21.1 % 24.3 % 21.2 %
Diluted earnings per share (2) $ 6.42 $ 5.73 $ 0.30 $ 6.04 
Amounts in table may not total due to rounding.
(1) Costs recorded in connection with our business optimization initiatives, primarily for employee severance.
(2) The impact of the business optimization costs on diluted earnings per share are presented net of related taxes. The income tax effect was negative $0.04 
and negative $0.10 for the three and six months ended February 29, 2024, respectively. This includes both the current and deferred income tax impact and 
was calculated by using the relevant tax rate of the country where the costs were recorded.
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    Accenture plc
Consolidated Balance Sheets
(In thousands of U.S. dollars)
February 28, 2025 August 31, 2024
ASSETS (Unaudited)
CURRENT ASSETS:
Cash and cash equivalents $ 8,490,438 $ 5,004,469 
Short-term investments 5,062 5,396 
Receivables and contract assets 14,281,294 13,664,847 
Other current assets 2,530,858 2,183,069 
Total current assets 25,307,652 20,857,781 
NON-CURRENT ASSETS:
Contract assets 141,561 120,260 
Investments 441,720 334,664 
Property and equipment, net 1,510,841 1,521,119 
Lease assets 2,595,342 2,757,396 
Goodwill 20,948,597 21,120,179 
Other non-current assets 8,924,043 9,220,964 
Total non-current assets 34,562,104 35,074,582 
TOTAL ASSETS $ 59,869,756 $ 55,932,363 
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt and bank borrowings $ 115,179 $ 946,229 
Accounts payable 2,614,866 2,743,807 
Deferred revenues 5,460,618 5,174,923 
Accrued payroll and related benefits 6,071,242 7,050,833 
Lease liabilities 691,158 726,202 
Other accrued liabilities 2,177,292 2,334,133 
Total current liabilities 17,130,355 18,976,127 
NON-CURRENT LIABILITIES:
Long-term debt 5,042,111 78,628 
Lease liabilities 2,211,882 2,369,490 
Other non-current liabilities 5,303,460 5,339,870 
Total non-current liabilities 12,557,453 7,787,988 
Total Accenture plc shareholders’ equity 29,246,053 28,288,646 
Noncontrolling interest 935,895 879,602 
Total shareholders’ equity 30,181,948 29,168,248 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 59,869,756 $ 55,932,363 
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    Accenture plc
Consolidated Cash Flows Statements
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended Six Months Ended
February 28, 
2025
February 29, 
2024
February 28, 
2025
February 29, 
2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $ 1,822,441 $ 1,709,202 $ 4,138,631 $ 3,719,183 
Depreciation, amortization and other 544,870 528,928 1,114,210 1,050,328 
Share-based compensation expense 686,114 641,871 1,156,539 1,064,871 
Change in assets and liabilities/other, net (200,025) (778,958) (2,533,494) (3,234,788) 
Net cash provided by (used in) operating activities 2,853,400 2,101,043 3,875,886 2,599,594 
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment (170,812) (109,823) (323,017) (178,756) 
Purchases of businesses and investments, net of cash acquired (250,795) (2,121,455) (492,355) (2,909,480) 
Proceeds from the sale of businesses and investments, net of cash 
transferred 10,163 20,905 15,433 20,905 
Other investing, net 4,160 2,125 7,131 3,653 
Net cash provided by (used in) investing activities (407,284) (2,208,248) (792,808) (3,063,678) 
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of ordinary shares 210,287 285,373 687,654 762,807 
Purchases of shares (1,447,818) (1,321,846) (2,346,082) (2,512,974) 
Proceeds from (repayments of) debt, net — — 4,129,200 — 
Cash dividends paid (928,992) (812,578) (1,854,550) (1,622,634) 
Other financing, net (38,505) (16,690) (69,502) (44,853) 
Net cash provided by (used in) financing activities (2,205,028) (1,865,741) 546,720 (3,417,654) 
Effect of exchange rate changes on cash and cash equivalents (56,705) (46,788) (143,829) (42,187) 
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 184,383 (2,019,734) 3,485,969 (3,923,925) 
CASH AND CASH EQUIVALENTS, beginning of period 8,306,055 7,140,841 5,004,469 9,045,032 
CASH AND CASH EQUIVALENTS, end of period $ 8,490,438 $ 5,121,107 $ 8,490,438 $ 5,121,107 
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    Accenture Reports Second-Quarter Fiscal 2025 Results

    • 1. Accenture Reports Second-Quarter Fiscal 2025 Results 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 NEW YORK; March 20, 2025 — Accenture (NYSE: ACN) reported financial results for the second quarter of fiscal 2025 ended February 28, 2025. All comparisons are to the second quarter of fiscal 2024, unless noted otherwise. Accenture Chair and CEO Julie Sweet “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.” Second Quarter Fiscal 2025 Key Metrics • 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 Fiscal 2025 Business Outlook Highlights • 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 1Adjusted financial measures presented in this release are non-GAAP financial measures that exclude business optimization costs recorded in fiscal 2024 as further described in this release. 1
    • 2. Q2 FY25 Financial Review New Bookings 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 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 by Type of Work Revenues (in billions) Increase (Decrease) from Q2 FY24 U.S. Dollars Local Currency Consulting $8.28 3 % 6 % Managed Services $8.38 8 % 11 % Total $16.66 5 % 8.5 % Revenues by Geographic Market Revenues (in billions) Increase (Decrease) from Q2 FY24 U.S. Dollars Local Currency Americas2$8.55 9 % 11 % EMEA $5.80 4 % 8 % Asia Pacific2$2.30 (3) % 1 % Total $16.66 5 % 8.5 % Revenues by Industry Group Revenues (in billions) Increase (Decrease) from Q2 FY24 U.S. Dollars Local Currency Communications, Media & Technology $2.73 3 % 6 % Financial Services $3.01 7 % 11 % Health & Public Service $3.61 8 % 10 % Products $5.05 6 % 9 % Resources $2.26 1 % 5 % Total $16.66 5 % 8.5 % Amounts in tables may not total due to rounding. 2During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation. 2
    • 3. Q2 FY25 Financial Review Operating Margin and Operating Income • 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. Gross margin (gross profit as a percentage of revenues) for the quarter was 29.9% compared to 30.9% in the second quarter of fiscal 2024. Selling, general and administrative (SG&A) expenses for the quarter were $2.73 billion, or 16.4% of revenues, compared with $2.72 billion, or 17.2% of revenues, for the second quarter of fiscal 2024. The company’s GAAP effective tax rate for the quarter was 20.4%, compared with 18.4% for the second quarter of fiscal 2024. For the second quarter of fiscal 2024, the adjusted effective tax rate was 18.8%. GAAP net income for the quarter was $1.82 billion, compared with $1.71 billion for the second quarter of fiscal 2024. For the second quarter of fiscal 2024, adjusted net income was $1.80 billion. Earnings Per Share • 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. Year over Year Increase in Diluted Earnings Per Share Second Quarter Fiscal 2024 Adjusted EPS $2.77 Higher revenue and operating results $0.11 Lower share count $0.01 Lower non-operating income $(0.01) Higher effective tax rate $(0.06) Second Quarter Fiscal 2025 GAAP EPS $2.82 3
    • 4. Q2 FY25 Financial Review Cash Flow Second Quarter Fiscal 2025 (in billions) Second Quarter Fiscal 2024 (in billions) Operating Cash Flow $2.85 $2.10 Less: Property & Equipment Additions $0.17 $0.11 Free Cash Flow $2.68 $1.99 Days services outstanding, or DSOs, were 48 days at February 28, 2025, compared with 46 days at August 31, 2024 and 43 days at February 29, 2024. Accenture’s total cash balance at February 28, 2025 was $8.5 billion, compared with $5.0 billion at August 31, 2024. Dividend • 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. Share Repurchase Activity • 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. 4
    • 5. Business Outlook Third Quarter Fiscal 2025 Outlook Revenues $16.9B – $17.5B Revenue Growth (Local Currency) 3% – 7% Foreign-Exchange Impact on Results Approximately negative 0.5% Full Year Fiscal 2025 Outlook As of March 20, 2025 As of December 19, 2024 Revenue Growth (Local Currency) 5% – 7% 4% – 7% Foreign-Exchange Impact on Results Approximately negative 0.5% Approximately negative 0.5% Operating Margin 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* Annual Effective Tax Rate 22.5% – 24.5% 22.5% – 24.5% Diluted Earnings Per Share $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** Operating Cash Flow $9.4B – $10.1B $9.4B – $10.1B Property & Equipment Additions $600M $600M Free Cash Flow $8.8B – $9.5B $8.8B – $9.5B Capital Return at least $8.3B at least $8.3B *Fiscal 2024 adjusted operating margin excluded $438 million for business optimization costs. **Fiscal 2024 adjusted EPS excluded $0.51 for business optimization costs. 5
    • 6. 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 6
    • 7. 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 in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its costmanagement strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture's debt obligations could adversely affect our business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and our strategy to continue to grow in our key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K, as updated in Item 1A, “Risk Factors” in its Quarterly Report on Form 10-Q for the second quarter of fiscal 2025, and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations. 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 7
    • 8. Accenture plc Consolidated Income Statements (In thousands of U.S. dollars, except share and per share amounts) (Unaudited) Three Months Ended Six Months Ended February 28, 2025 % of Revenues February 29, 2024 % of Revenues February 28, 2025 % of Revenues February 29, 2024 % of Revenues REVENUES: Revenues $ 16,659,301 100.0 % $ 15,799,514 100.0 % $ 34,348,846 100.0 % $ 32,023,817 100.0 % OPERATING EXPENSES: Cost of services 11,684,313 70.1 % 10,921,045 69.1 % 23,551,029 68.6 % 21,697,407 67.8 % Sales and marketing 1,676,781 10.1 % 1,631,185 10.3 % 3,487,890 10.2 % 3,341,076 10.4 % General and administrative costs 1,053,493 6.3 % 1,085,448 6.9 % 2,116,736 6.2 % 2,118,947 6.6 % Business optimization costs — — % 115,409 0.7 % — — % 255,073 0.8 % Total operating expenses 14,414,587 13,753,087 29,155,655 27,412,503 OPERATING INCOME 2,244,714 13.5 % 2,046,427 13.0 % 5,193,191 15.1 % 4,611,314 14.4 % Interest income 76,113 65,269 152,140 167,249 Interest expense (64,669) (10,305) (94,711) (24,800) Other income (expense), net 32,616 (5,652) (6,601) (41,371) INCOME BEFORE INCOME TAXES 2,288,774 13.7 % 2,095,739 13.3 % 5,244,019 15.3 % 4,712,392 14.7 % Income tax expense 466,333 386,537 1,105,388 993,209 NET INCOME 1,822,441 10.9 % 1,709,202 10.8 % 4,138,631 12.0 % 3,719,183 11.6 % Net income attributable to noncontrolling interest in Accenture Canada Holdings Inc. (1,685) (1,675) (3,855) (3,691) Net income attributable to noncontrolling interests – other (1) (32,681) (32,668) (67,807) (67,189) NET INCOME ATTRIBUTABLE TO ACCENTURE PLC $ 1,788,075 10.7 % $ 1,674,859 10.6 % $ 4,066,969 11.8 % $ 3,648,303 11.4 % CALCULATION OF EARNINGS PER SHARE: Net income attributable to Accenture plc $ 1,788,075 $ 1,674,859 $ 4,066,969 $ 3,648,303 Net income attributable to noncontrolling interest in Accenture Canada Holdings Inc. (2) 1,685 1,675 3,855 3,691 Net income for diluted earnings per share calculation $ 1,789,760 $ 1,676,534 $ 4,070,824 $ 3,651,994 WEIGHTED AVERAGE SHARES: Basic 626,824,946 629,016,555 626,247,762 628,488,831 Diluted 634,211,978 636,797,814 634,543,212 637,069,356 EARNINGS PER SHARE: Basic $ 2.85 $ 2.66 $ 6.49 $ 5.80 Diluted $ 2.82 $ 2.63 $ 6.42 $ 5.73 Cash dividends per share $ 1.48 $ 1.29 $ 2.96 $ 2.58 (1) Comprised primarily of noncontrolling interest attributable to the noncontrolling shareholders of Avanade, Inc. (2) Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis. The income effect does not take into account “Net income attributable to noncontrolling interests — other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares. 8
    • 9. Accenture plc Summary of Revenues (In thousands of U.S. dollars) (Unaudited) Three Months Ended Percent Increase (Decrease) U.S. Dollars Percent Increase (Decrease) Local February 28, 2025 February 29, 2024 Currency GEOGRAPHIC MARKETS Americas (1) $ 8,553,098 $ 7,815,543 9 % 11 % EMEA 5,803,875 5,598,850 4 8 Asia Pacific (1) 2,302,328 2,385,121 (3) 1 Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 % INDUSTRY GROUPS Communications, Media & Technology $ 2,729,655 $ 2,654,137 3 % 6 % Financial Services 3,010,430 2,808,930 7 11 Health & Public Service 3,608,912 3,334,039 8 10 Products 5,051,839 4,761,838 6 9 Resources 2,258,465 2,240,570 1 5 Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 % TYPE OF WORK Consulting $ 8,282,260 $ 8,021,034 3 % 6 % Managed Services 8,377,041 7,778,480 8 11 Total Revenues $ 16,659,301 $ 15,799,514 5 % 8.5 % Six Months Ended Percent Increase (Decrease) U.S. Dollars Percent Increase (Decrease) Local February 28, 2025 February 29, 2024 Currency GEOGRAPHIC MARKETS Americas (1) $ 17,286,193 $ 15,842,515 9 % 11 % EMEA 12,215,827 11,402,492 7 7 Asia Pacific (1) 4,846,826 4,778,810 1 2 Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 % INDUSTRY GROUPS Communications, Media & Technology $ 5,587,540 $ 5,323,585 5 % 6 % Financial Services 6,179,265 5,842,508 6 7 Health & Public Service 7,421,521 6,711,505 11 11 Products 10,477,156 9,621,825 9 9 Resources 4,683,364 4,524,394 4 5 Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 % TYPE OF WORK Consulting $ 17,327,488 $ 16,477,540 5 % 6 % Managed Services 17,021,358 15,546,277 9 11 Total Revenues $ 34,348,846 $ 32,023,817 7 % 8.3 % (1) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation. 9
    • 10. Accenture plc Operating Income by Geographic Market (In thousands of U.S. dollars) (Unaudited) Three Months Ended February 28, 2025 February 29, 2024 Operating Income Operating Margin Operating Income Operating Margin Increase (Decrease) Americas (1) $ 1,240,443 15 % $ 1,083,257 14 % $ 157,186 EMEA 639,235 11 529,012 9 110,223 Asia Pacific (1) 365,036 16 434,158 18 (69,122) Total Operating Income $ 2,244,714 13.5 % $ 2,046,427 13.0 % $ 198,287 Six Months Ended February 28, 2025 February 29, 2024 Operating Income Operating Margin Operating Income Operating Margin Increase (Decrease) Americas (1) $ 2,617,677 15 % $ 2,376,238 15 % $ 241,439 EMEA 1,675,212 14 1,352,613 12 322,599 Asia Pacific (1) 900,302 19 882,463 18 17,839 Total Operating Income $ 5,193,191 15.1 % $ 4,611,314 14.4 % $ 581,877 (1) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation. 10
    • 11. Accenture plc Reconciliation of Operating Income, as Reported (GAAP) to Operating Income as Adjusted (Non-GAAP) (In thousands of U.S. dollars) (Unaudited) Three Months Ended February 28, 2025 February 29, 2024 As Reported (GAAP) Operating Margin (GAAP) As Reported (GAAP) Business Optimization (1) Adjusted (Non-GAAP) Operating Margin (Non-GAAP) Increase (Decrease) (Non-GAAP) Americas (2) $ 1,240,443 15 % $ 1,083,257 $ 11,860 $ 1,095,117 14 % $ 145,326 EMEA 639,235 11 529,012 85,561 614,573 11 24,662 Asia Pacific (2) 365,036 16 434,158 17,988 452,146 19 (87,110) Total Operating Income $ 2,244,714 13.5 % $ 2,046,427 $ 115,409 $ 2,161,836 13.7 % $ 82,878 Six Months Ended February 28, 2025 February 29, 2024 As Reported (GAAP) Operating Margin (GAAP) As Reported (GAAP) Business Optimization (1) Adjusted (Non-GAAP) Operating Margin (Non-GAAP) Increase (Decrease) (Non-GAAP) Americas (2) $ 2,617,677 15 % $ 2,376,238 $ 61,915 $ 2,438,153 15 % $ 179,524 EMEA 1,675,212 14 1,352,613 156,365 1,508,978 13 166,234 Asia Pacific (2) 900,302 19 882,463 36,793 919,256 19 (18,954) Total Operating Income $ 5,193,191 15.1 % $ 4,611,314 $ 255,073 $ 4,866,387 15.2 % $ 326,804 (1) Costs recorded in connection with our business optimization initiatives, primarily for employee severance. (2) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation. 11
    • 12. Accenture plc Reconciliation of Net Income and Diluted Earnings Per Share, as Reported (GAAP), to Net Income and Diluted Earnings Per Share, as Adjusted (Non-GAAP) (In thousands of U.S. dollars, except per share amounts) (Unaudited) Three Months Ended February 28, 2025 February 29, 2024 As Reported (GAAP) As Reported (GAAP) Business Optimization (1) Adjusted (Non-GAAP) Operating Income $ 2,244,714 $ 2,046,427 $ 115,409 $ 2,161,836 Operating Margin 13.5 % 13.0 % 0.7 % 13.7 % Income before income taxes 2,288,774 2,095,739 115,409 2,211,148 Income tax expense 466,333 386,537 28,078 414,615 Net Income $ 1,822,441 $ 1,709,202 $ 87,331 $ 1,796,533 Effective tax rate 20.4 % 18.4 % 24.3 % 18.8 % Diluted earnings per share (2) $ 2.82 $ 2.63 $ 0.14 $ 2.77 Six Months Ended February 28, 2025 February 29, 2024 As Reported (GAAP) As Reported (GAAP) Business Optimization (1) Adjusted (Non-GAAP) Operating Income $ 5,193,191 $ 4,611,314 $ 255,073 $ 4,866,387 Operating Margin 15.1 % 14.4 % 0.8 % 15.2 % Income before income taxes 5,244,019 4,712,392 255,073 4,967,465 Income tax expense 1,105,388 993,209 62,056 1,055,265 Net Income $ 4,138,631 $ 3,719,183 $ 193,017 $ 3,912,200 Effective tax rate 21.1 % 21.1 % 24.3 % 21.2 % Diluted earnings per share (2) $ 6.42 $ 5.73 $ 0.30 $ 6.04 Amounts in table may not total due to rounding. (1) Costs recorded in connection with our business optimization initiatives, primarily for employee severance. (2) The impact of the business optimization costs on diluted earnings per share are presented net of related taxes. The income tax effect was negative $0.04 and negative $0.10 for the three and six months ended February 29, 2024, respectively. This includes both the current and deferred income tax impact and was calculated by using the relevant tax rate of the country where the costs were recorded. 12
    • 13. Accenture plc Consolidated Balance Sheets (In thousands of U.S. dollars) February 28, 2025 August 31, 2024 ASSETS (Unaudited) CURRENT ASSETS: Cash and cash equivalents $ 8,490,438 $ 5,004,469 Short-term investments 5,062 5,396 Receivables and contract assets 14,281,294 13,664,847 Other current assets 2,530,858 2,183,069 Total current assets 25,307,652 20,857,781 NON-CURRENT ASSETS: Contract assets 141,561 120,260 Investments 441,720 334,664 Property and equipment, net 1,510,841 1,521,119 Lease assets 2,595,342 2,757,396 Goodwill 20,948,597 21,120,179 Other non-current assets 8,924,043 9,220,964 Total non-current assets 34,562,104 35,074,582 TOTAL ASSETS $ 59,869,756 $ 55,932,363 LIABILITIES AND SHAREHOLDERS’ EQUITY CURRENT LIABILITIES: Current portion of long-term debt and bank borrowings $ 115,179 $ 946,229 Accounts payable 2,614,866 2,743,807 Deferred revenues 5,460,618 5,174,923 Accrued payroll and related benefits 6,071,242 7,050,833 Lease liabilities 691,158 726,202 Other accrued liabilities 2,177,292 2,334,133 Total current liabilities 17,130,355 18,976,127 NON-CURRENT LIABILITIES: Long-term debt 5,042,111 78,628 Lease liabilities 2,211,882 2,369,490 Other non-current liabilities 5,303,460 5,339,870 Total non-current liabilities 12,557,453 7,787,988 Total Accenture plc shareholders’ equity 29,246,053 28,288,646 Noncontrolling interest 935,895 879,602 Total shareholders’ equity 30,181,948 29,168,248 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 59,869,756 $ 55,932,363 13
    • 14. Accenture plc Consolidated Cash Flows Statements (In thousands of U.S. dollars) (Unaudited) Three Months Ended Six Months Ended February 28, 2025 February 29, 2024 February 28, 2025 February 29, 2024 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 1,822,441 $ 1,709,202 $ 4,138,631 $ 3,719,183 Depreciation, amortization and other 544,870 528,928 1,114,210 1,050,328 Share-based compensation expense 686,114 641,871 1,156,539 1,064,871 Change in assets and liabilities/other, net (200,025) (778,958) (2,533,494) (3,234,788) Net cash provided by (used in) operating activities 2,853,400 2,101,043 3,875,886 2,599,594 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (170,812) (109,823) (323,017) (178,756) Purchases of businesses and investments, net of cash acquired (250,795) (2,121,455) (492,355) (2,909,480) Proceeds from the sale of businesses and investments, net of cash transferred 10,163 20,905 15,433 20,905 Other investing, net 4,160 2,125 7,131 3,653 Net cash provided by (used in) investing activities (407,284) (2,208,248) (792,808) (3,063,678) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of ordinary shares 210,287 285,373 687,654 762,807 Purchases of shares (1,447,818) (1,321,846) (2,346,082) (2,512,974) Proceeds from (repayments of) debt, net — — 4,129,200 — Cash dividends paid (928,992) (812,578) (1,854,550) (1,622,634) Other financing, net (38,505) (16,690) (69,502) (44,853) Net cash provided by (used in) financing activities (2,205,028) (1,865,741) 546,720 (3,417,654) Effect of exchange rate changes on cash and cash equivalents (56,705) (46,788) (143,829) (42,187) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 184,383 (2,019,734) 3,485,969 (3,923,925) CASH AND CASH EQUIVALENTS, beginning of period 8,306,055 7,140,841 5,004,469 9,045,032 CASH AND CASH EQUIVALENTS, end of period $ 8,490,438 $ 5,121,107 $ 8,490,438 $ 5,121,107 14


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