Synopsis
Accenture announced strong financial results for its March-May quarter. The IT services giant posted a net income of USD 2.39 billion, an increase from the previous year. Revenue also saw a rise, reaching USD 18.7 billion. The company secured significant new bookings, indicating continued demand for large-scale transformation programs.Listen to this article in summarized format
Accenture follows a September-August financial year, making March-May the third quarter of FY26.
The Dublin, Ireland-headquartered firm reported a revenue of $18.7 billion in the quarter ended May. It had reported a revenue of $17.7 billion in the same period of the previous fiscal year.
The firm recorded new bookings totalling USD 19.3 billion during the quarter under review, as compared to $19.7 billion in Q3 FY25.
"Demand for large-scale reinvention remains strong -- 104 quarterly client bookings of $100 million or more year-to-date, up 13%-- and we are seeing more large-scale AI transformation programmes while executing our strategy to capture new areas of growth," Accenture Chair and CEO Julie Sweet said.
