Accenture's strong Q2 FY25 results reflect broad-based revenue growth across geographic markets, industry groups and types of work; Company updates fiscal 2025 outlook
Accenture (NYSE:ACN) reported financial results for the second quarter of fiscal 2025 ended February 28, 2025.
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All comparisons are to the second quarter of fiscal 2024, unless noted otherwise.
Accenture Chair and CEO Julie Sweet
"Our second quarter results demonstrate that we continue to deliver on our strategy to lead reinvention for our clients and return to strong growth in FY25, with broad-based growth across markets, industries, and the types of work our clients seek from us. The trust and confidence in our unique strengths and capabilities is reflected in 32 clients with quarterly bookings greater than $100 million and we are very pleased to have another milestone quarter in Gen AI with $1.4 billion in new bookings. Our continued growth is made possible by the extraordinary work of our more than 800,000 people around the world who focus on delivering value to our clients every day."
Second Quarter Fiscal 2025 Key Metrics
- New bookings of $20.9 billion, a decrease of 3% in U.S. dollars and flat in local currency
- Generative AI new bookings of $1.4 billion
- Revenues of $16.7 billion, an increase of 5% in U.S. dollars and 8.5% in local currency
- Operating margin of 13.5%, an increase of 50 basis points, and a decrease of 20 basis points compared to adjusted1 operating margin
- Diluted earnings per share of $2.82, a 7% increase, and a 2% increase over adjusted EPS
- Free cash flow of $2.68 billion
- Quarterly cash dividend of $1.48 per share, representing a 15% increase; repurchases or redemptions of 4.0 million shares for a total of $1.4 billion
Fiscal 2025 Business Outlook Highlights
- Company narrows full-year revenue growth to 5% to 7% in local currency
- Continues to expect foreign exchange impact of approximately negative 0.5%
- Updates operating margin to 15.6% to 15.7%, an expansion of 10 to 20 basis points over adjusted operating margin
- Now expects diluted earnings per share to be in the range of $12.55 to $12.79
1Adjusted financial measures presented in this release are non-GAAP financial measures that exclude business optimization costs recorded in fiscal 2024 as further described in this release.
Conference Call and Webcast Details
Accenture will host a conference call at 8:00 a.m. EDT today to discuss its second quarter fiscal 2025 financial results. To participate in the teleconference, please dial +1 (877) 883-0383 [+1 (412) 317-6061 outside the U.S., Puerto Rico and Canada] and enter access code 2669177 approximately 15 minutes before the scheduled start of the call.
The conference call will also be accessible live via webcast on the Investor Relations section of the Accenture website at accenture.com. A replay will be available on this website following the call.
About Accenture
Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.
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Rachel Frey
Accenture Media Relations
+1 917 452 4421
rachel.frey@accenture.com
Katie O'Conor
Accenture Investor Relations
+1 973 301 3275
catherine.m.oconor@accenture.com