Accenture plc (NYSE: ACN) announced its financial results for the second quarter of fiscal 2026, which ended on February 28, 2026. The company reported record new bookings of $22.1 billion, reflecting a 6% increase in U.S. dollars and a 1% increase in local currency compared to the same quarter last year. Revenues for the quarter reached $18.0 billion, marking an 8% increase in U.S. dollars and a 4% increase in local currency. The operating margin improved to 13.8%, an expansion of 30 basis points from the previous year, and diluted earnings per share rose to $2.93, a 4% increase from $2.82 in Q2 FY25.

Accenture's strong performance was driven by significant growth in both consulting and managed services, with consulting new bookings totaling $11.33 billion and managed services bookings at $10.78 billion. The company also reported free cash flow of $3.7 billion and returned $2.7 billion to shareholders through share repurchases and dividends.

Looking ahead, Accenture has raised its full-year revenue growth outlook to between 3% and 5% in local currency, excluding an estimated 1% impact from its U.S. federal business. The company expects full-year GAAP diluted earnings per share to be in the range of $13.25 to $13.50, representing a 9% to 11% increase over the previous fiscal year. Accenture's leadership emphasized the importance of advanced AI in driving growth and enhancing client relationships, positioning the company to capture significant opportunities in the market.

In summary, Accenture's robust financial results and optimistic outlook reflect its strong operational execution and strategic focus on AI-driven solutions, reinforcing its position as a leader in the consulting and technology services industry.

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