Accenture forecasts faster revenue growth as annual sales reach $74.2bn

Accenture forecasts faster revenue growth as annual sales reach $74.2bn
Accenture’s revenue surges

Accenture is signaling stronger resilience in the IT consulting market as it expands AI training for staff and supports clients adopting the technology. The outlook eases investor concerns that artificial intelligence could weaken demand for external consultants by shifting spending in-house and reducing billable work.

Highlights

  • Accenture forecasts 3% to 6% revenue growth for the new fiscal year after reporting $74.2 billion in annual sales, up 5% in local currency terms.
  • Net income rises 8% to $8.4 billion, aided by job cuts and cost reductions, driving shares up as much as 20% in pre-market trading.
  • Accenture added over 15,000 jobs in the past three months, expanding its workforce to more than 814,000 despite broader industry weakness reported by Deloitte.

Revenue outlook and annual results

As reported by Financial Times, Accenture says revenue can grow at a faster pace in its new fiscal year even as macroeconomic pressure and disruption concerns linked to AI continue to weigh on the sector. The company sets a target of 3% to 6% growth after reporting stronger-than-expected performance in the final quarter.

For the 12 months to August, Accenture reports revenue of $74.2 billion, up 5% in local currency terms. Net income reaches $8.4 billion, an 8% increase, helped by job cuts and other cost-reduction measures introduced a year earlier.

Investor reaction and sector implications

Accenture shares surge as much as 20% in pre-market trading after the update, a sharp reversal after the stock had fallen to a nine-year low following quarterly results in June. At that time, the company lowered its revenue forecasts, citing the war in the Middle East and delays to two large contracts.

The results offer a more upbeat read on consulting demand than many investors had expected. While previous technology shifts often generated advisory work for consultants, the market has worried that AI could have a different effect if clients redirect budgets to internal projects and push consulting firms to complete assignments with fewer staff and lower fees.

Accenture is also expanding headcount again, adding more than 15,000 jobs in the past three months to bring its global workforce to more than 814,000. The update contrasts with signs of weaker demand elsewhere in the industry, with Deloitte saying last week that technology consulting was its slowest-growing division over the past year.

Our earlier report on Bloomberg Intelligence’s Q4 2026 watchlist outlined 10 companies that could see meaningful earnings or operating shifts across multiple sectors. It highlighted how factors such as AI adoption, geopolitical disruptions, consumer demand changes, and commodity volatility can quickly alter revenue momentum, costs, and investor expectations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.