Accenture Revenue Climbs 8% to $18.0B in Q2 Fiscal 2026

Accenture plc (NYSE: ACN), a global professional services and technology consulting firm, reported revenue of $18.04 billion for the quarter ended February 28, 2026, an increase of 8.3% from $16.66 billion in the same quarter of fiscal 2025. For the six months ended February 28, 2026, revenue reached $36.79 billion, up 7.1% from $34.35 billion in the prior-year period. Read more earnings reports.

Net income for the second quarter totaled $1.83 billion, compared with $1.79 billion a year earlier, representing a 2.1% increase. For the first half of fiscal 2026, net income declined slightly to $4.04 billion from $4.07 billion in the same period of fiscal 2025, a drop of 0.7%.

Operating Performance

Operating income for the quarter ended February 28, 2026, came in at $2.49 billion, up 11.1% from $2.24 billion in the prior-year quarter. For the six-month period, operating income reached $5.37 billion, compared with $5.19 billion a year earlier, a gain of 3.4%.

Cost of goods sold for the quarter was $12.58 billion, compared with $11.68 billion in the year-ago period. Interest expense totaled $63.6 million for the quarter, down from $64.7 million a year earlier. Income tax expense rose to $597.3 million from $466.3 million in the prior-year quarter.

Balance Sheet and Cash Flow

Total assets stood at $67.06 billion as of February 28, 2026, up from $65.39 billion at the end of fiscal 2025. Cash and cash equivalents declined to $9.40 billion from $11.48 billion at August 31, 2025. Goodwill increased to $24.58 billion from $22.54 billion over the same period.

Accenture generated $5.48 billion in cash from operations for the six months ended February 28, 2026, compared with $3.88 billion in the prior-year period. Cash used in investing activities totaled $2.25 billion, while cash used in financing activities reached $5.32 billion, driven by share repurchases and dividends.

Treasury stock rose to $10.97 billion as of February 28, 2026, from $7.75 billion at the end of fiscal 2025, reflecting continued share buyback activity. Total stockholders' equity was $31.21 billion, compared with $31.20 billion at August 31, 2025.

Per Share Results

Diluted earnings per share for the quarter were $2.93, up from $2.82 in the same quarter of fiscal 2025. For the six months ended February 28, 2026, diluted earnings per share were $6.47, compared with $6.42 a year earlier.

The weighted average number of diluted shares outstanding for the quarter was 622.6 million, down from 634.2 million in the prior-year quarter, reflecting the impact of share repurchases.

Key Financial Metrics

Accounts receivable increased to $13.76 billion as of February 28, 2026, from $13.07 billion at the end of fiscal 2025. Current assets declined to $28.01 billion from $28.90 billion, primarily due to the reduction in cash balances.