Accenture's FY26 results beat guidance across revenue, EPS, and cash flow, while FY27-FY29 guidance targets sustained mid-single-digit growth and consistent margin expansion. Monitor quarterly execution against the 10-30bps annual margin expansion target and the pace of inorganic growth contributions (~2-2.5% in FY27) to assess whether the multi-year plan is on track.
Price Chart
Executive Summary
Accenture hosted its FY27 Investor Day, reporting FY26 results that exceeded original guidance and outlining a multi-year growth and margin expansion plan. FY26 revenue grew 5% in local currency (guidance was 2-5%), adjusted EPS was $13.97 (guidance $13.52-$13.90), and adjusted operating margin was 15.8% (guidance 15.7%-15.9%). The company guided for mid-single-digit revenue growth in FY27-FY28, mid-to-high-single-digit in FY29, and 10-30bps annual operating margin expansion each year through FY29, supported by a $3 trillion expanded TAM and disciplined capital allocation.
Key Facts
- FY26 revenue growth of 5% in local currency, above original guidance of 2-5%
- FY26 adjusted EPS of $13.97, above guidance of $13.52-$13.90
- FY26 adjusted operating margin of 15.8%, within guidance of 15.7%-15.9%
- FY26 free cash flow of $11.6B, above guidance of $9.8B-$10.5B
- FY26 cash returned to shareholders of $11.5B, above guidance of at least $9.3B
- FY26 bookings of $84.5B with book-to-bill of 1.1x
- FY27-FY28 guidance: mid-single-digit revenue growth, 10-30bps annual margin expansion
- FY29 guidance: mid-to-high-single-digit revenue growth, 10-30bps annual margin expansion
- FY27 free cash flow target of at least $9.5B with FCF-to-NI of 1.2-1.3x
- Expanded TAM to $3 trillion
- Adjusted operating margin expanded 60bps from FY22 to FY26 (15.2% to 15.8%)
- Cumulative cash returned to shareholders over FY23-FY26: $34.8B
- Acquisition capital deployed FY23-FY26: $18.7B
- Key operating investments FY23-FY26: $13.0B
Financial Impact
FY26 revenue ~$74.2B (implied from FY22 $61.6B + $12.6B growth), adjusted EPS $13.97, free cash flow $11.6B, cash returned $11.5B
Risk Factors
- Macroeconomic slowdown could pressure consulting and managed services demand
- Foreign exchange volatility may impact reported USD results
- Execution risk on margin expansion while investing organically and inorganically
- Integration risk from recent acquisitions including Dragos (CyberOT)
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001467373-26-000042 |
| Document: fy27-investorxday.htm | 0001467373-26-000042 |
| Document: 0001467373-26-000042-index-headers.html | 0001467373-26-000042 |
| Document: 0001467373-26-000042-index.html | 0001467373-26-000042 |
| Document: 0001467373-26-000042.txt | 0001467373-26-000042 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | Insider Cluster | $249.37 | awaiting T+5 | — | $247.23 (−0.86%) |
Oct 22, 2026 4d ago | 144 | $249.37 | awaiting T+5 | — | $247.23 (−0.86%) |
Oct 22, 2026 4d ago | 144 | $249.37 | awaiting T+5 | — | $247.23 (−0.86%) |
Oct 21, 2026 5d ago | ANALYST-DOWNGRADE | $240.26 | awaiting T+5 | — | $247.23 (−2.90%) |
Oct 14, 2026 12d ago | 8-K | $214.96 $240.26 | ▲ +11.77% | ▲ +11.32% | $247.23 (+15.01%) |
Oct 8, 2026 18d ago | 144 | $207.40 $229.68 | ▲ +10.74% | ▲ +12.71% | $247.23 (+19.21%) |
Oct 1, 2026 25d ago | 8-K | $210.61 $206.70 | ▼ −1.86% | ▼ −3.16% | $247.23 (+17.39%) |
Sep 30, 2026 26d ago | GOVT-CONTRACT | $210.61 $206.70 | ▼ −1.86% | ▼ −3.16% | $247.23 (+17.39%) |
Sep 25, 2026 4w ago | GOVT-CONTRACT | $173.08 $193.50 | ▲ +11.80% | ▲ +10.59% | $247.23 (+42.84%) |
Sep 18, 2026 5w ago | ANALYST-DOWNGRADE | $181.29 $176.11 | ▲ +2.86% | ▲ +4.13% | $247.23 (−36.37%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers