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FY2026 Q3
In line
Accenture PLC earnings call
Buzzberg read
Middle East conflict caused $100M revenue impact
Management expressed confidence in strong execution despite Middle East headwinds, citing broad-based revenue growth, market share gains, and margin expansion, with no notable shift in confidence from prior calls.
Buzzberg read Middle East conflict caused $100M revenue impact Management expressed confidence in strong execution despite Middle East headwinds, citing broad-based revenue growth, market share gains, and margin expansion, with no notable shift in confidence from prior calls. Read full analysisCollapse analysis
Management expressed confidence in strong execution despite Middle East headwinds, citing broad-based revenue growth, market share gains, and margin expansion, with no notable shift in confidence from prior calls.
Revenue$18.7181B+4% QoQ
EPS$3.80+30% QoQ
Gross margin32.77%Reported
Operating margin16.96%Reported
6 grounded callouts
What matters now
The highest-signal changes from the call.
Guidance
Large managed services deals pushed to FY27
Capex
Expect to deploy ~$9B in acquisitions this year
Show 3 more callouts
Demand
Large bookings up 13% YoY to 104
AI
Seeing clients move to larger AI transformation programs
Margins
FY26 adjusted operating margin guided to 15.8%, up 20bps
Reported period
Actuals
| Metric | Reported | Change |
|---|---|---|
| Revenue | $18.7181B | +4% QoQ |
| EPS | $3.80 | +30% QoQ |
| Gross margin | 32.77% | Reported |
| Operating margin | 16.96% | Reported |
| Free cash flow | $3.6B | -2% QoQ |
| Capex | $0.1862B | Reported |
Forward-looking
Forward guidance
| Metric | Period | Range | Midpoint | Status |
|---|---|---|---|---|
| Revenue | FY2026 Q4 | $17.75B–$18.4B | $18.075B | Guided |
| Revenue | FY2026 | 3%–4% | 3.5% | Guided |
AI, capex & demand read
Management read
confident
Management expressed confidence in strong execution despite Middle East headwinds, citing broad-based revenue growth, market share gains, and margin expansion, with no notable shift in confidence from prior calls.
Management AI read
Management stated that AI is a tailwind driving reinvention, and they are seeing clients move from pilots to production with larger AI transformation programs, while on track to more than double bookings from key AI and data partners.
all 16 named companies below
Companiesreturns since call
Customers
Customers
Julie Sweet
Accenture is deepening its partnership with McDonald's on finance, people modernization, and loyalty, indicating sustained demand for transformation services from the quick-service restaurant giant.
Evidence
“We are working with McDonald's, one of the world's most iconic restaurant brands, serving more than 70 million customers every day as we support key elements of their ongoing transformation.”
Customers
Julie Sweet
Accenture is embedding AIOps and autonomous agents into BT's network operations, signalling a large-scale AI transformation program that could be replicable for other telecom operators.
Evidence
“BT Group, one of our UK clients where our longstanding relationship is expanding into a new AI partnership for BT Business, the division which provides the connectivity backbone for UK businesses and public services.”
Customers
Julie Sweet
Stellantis is deploying AI across manufacturing operations, highlighting demand for industrial AI solutions from major automotive OEMs.
Evidence
“Stellantis is a great example. Stellantis is across their manufacturing.”
Customers
Julie Sweet
Accenture helped Bradesco unify vehicle financing platforms, driving 7.3% quarter-over-quarter portfolio growth, showing strong AI payback in banking.
Evidence
“Banco Bradesco, one of Brazil's largest financial institutions, is another great example of delivering tangible ROI from AI.”
Partners
Partners
Julie Sweet
Accenture's AI bookings with Anthropic are doubling, indicating strong enterprise demand for Anthropic's models through consulting-led deployments.
Evidence
“We are on track to more than double our bookings from our key emerging AI and data partners compared with FY25, including Anthropic, Databricks, Gemini, Mistral AI, NVIDIA, OpenAI, Palantir, and Snowflake.”
Partners
Julie Sweet
AWS is a core partner in Accenture's OT security platform, indicating deeper collaboration in cloud and security for industrial IoT.
Evidence
“Dragos has strong ecosystem relationships with our top ecosystem partners, including AWS, CrowdStrike, Microsoft, Palo Alto, and ServiceNow.”
Methodology & coverage
Management-only analysis. All 16 validated company mentions are shown. Reported actuals and forward guidance are kept separate. Public evidence is limited to eight short attributed quotes. AI-generated analysis can be incomplete or wrong; verify important claims against the original source.