0001467373false00014673732025-03-202025-03-20

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 20, 2025

AccentureLogo.jpg
Accenture plc
(Exact name of Registrant as specified in its charter)
Ireland001-3444898-0627530
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification No.)
1 Grand Canal Square
Grand Canal Harbour
Dublin 2, Ireland
(Address of principal executive offices)
Registrant’s telephone number, including area code: (353) (1) 646-2000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A ordinary shares, par value $0.0000225 per shareACNNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02 Results of Operations and Financial Condition
On March 20, 2025, Accenture plc (“Accenture”) issued a news release announcing financial results for its second quarter of fiscal 2025, which ended on February 28, 2025.
A copy of the news release is attached hereto as Exhibit 99. All information in the news release is furnished but not filed.
Non-GAAP Financial Information
In the attached news release Accenture discloses the following non-GAAP financial measures:
•Free cash flow (defined as operating cash flow net of property and equipment additions). Accenture’s management believes that this information provides meaningful additional information regarding the company’s liquidity.
•Percentage changes in revenues and bookings on a local currency basis. Financial results in local currency are calculated by restating current period activity into U.S. dollars using the comparable prior year period’s foreign currency exchange rates. This approach is used for all results where the functional currency is not the U.S. dollar. Accenture’s management believes that information regarding changes in its revenues and bookings that excludes the effect of fluctuations in foreign currency exchange rates facilitates meaningful comparison of its revenues.
•Adjusted financial measures excluding the impact of business optimization costs in fiscal 2024. Accenture’s management believes that information regarding the effect of the business optimization costs facilitates an understanding as to the impact of this item and the company’s performance in comparison to the prior period.
Reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are included in the news release. While Accenture’s management believes that this non-GAAP financial information is useful in evaluating Accenture’s operations, this information should be considered as supplemental in nature and not as a substitute for the related financial information prepared in accordance with GAAP.

Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No.Description
99
104The cover page from this Current Report on Form 8-K, formatted in Inline XBRL


Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Date: March 20, 2025ACCENTURE PLC
By:/s/ Joel Unruch
Name:  Joel Unruch
Title:General Counsel & Corporate Secretary




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Accenture Reports Second-Quarter Fiscal 2025 Results
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
NEW YORK; March 20, 2025 — Accenture (NYSE: ACN) reported financial results for the second quarter of fiscal 2025 ended February 28, 2025.
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.
1

Q2 FY25 Financial Review
New Bookings
New bookings for the second quarter of fiscal 2025 were $20.91 billion, a decrease of 3% in U.S. dollars and flat in local currency compared to the second quarter of fiscal 2024.
•Consulting new bookings were $10.47 billion.
•Managed Services new bookings were $10.44 billion.
Revenues
Revenues for the second quarter of fiscal 2025 were $16.66 billion, an increase of 5% in U.S. dollars and 8.5% in local currency, and were at the top end of the company’s guided range of $16.2 billion to $16.8 billion. The foreign-exchange impact for the quarter was approximately negative 3.0%, compared with the negative 2.5% assumption provided in the company’s first-quarter earnings release.
Revenues by Type of Work
Revenues
(in billions)
Increase (Decrease) from Q2 FY24
U.S. DollarsLocal Currency
Consulting
$8.28
3 %6 %
Managed Services
$8.38
8 %11 %
Total
$16.66
5 %8.5 %
Revenues by Geographic Market
Revenues
(in billions)
Increase (Decrease) from Q2 FY24
U.S. DollarsLocal Currency
Americas2
$8.55
9 %11 %
EMEA
$5.80
4 %8 %
Asia Pacific2
$2.30
(3)%1 %
Total
$16.66
5 %8.5 %
Revenues by Industry Group
Revenues
(in billions)
Increase (Decrease) from Q2 FY24
U.S. DollarsLocal Currency
Communications, Media & Technology
$2.73
3 %6 %
Financial Services
$3.01
7 %11 %
Health & Public Service
$3.61
8 %10 %
Products
$5.05
6 %9 %
Resources
$2.26
1 %5 %
Total
$16.66
5 %8.5 %
Amounts in tables may not total due to rounding.
2During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation.
2

Q2 FY25 Financial Review
Operating Margin and Operating Income
•GAAP operating margin (operating income as a percentage of revenues) for the quarter was 13.5%, compared to GAAP operating margin of 13.0%, and adjusted operating margin of 13.7% for the second quarter of fiscal 2024.
•GAAP operating income for the quarter increased 10% to $2.24 billion compared with GAAP operating income of $2.05 billion, and increased 4% compared with adjusted operating income of $2.16 billion for the second quarter of fiscal 2024.
Gross margin (gross profit as a percentage of revenues) for the quarter was 29.9% compared to 30.9% in the second quarter of fiscal 2024. Selling, general and administrative (SG&A) expenses for the quarter were $2.73 billion, or 16.4% of revenues, compared with $2.72 billion, or 17.2% of revenues, for the second quarter of fiscal 2024.
The company’s GAAP effective tax rate for the quarter was 20.4%, compared with 18.4% for the second quarter of fiscal 2024. For the second quarter of fiscal 2024, the adjusted effective tax rate was 18.8%.
GAAP net income for the quarter was $1.82 billion, compared with $1.71 billion for the second quarter of fiscal 2024. For the second quarter of fiscal 2024, adjusted net income was $1.80 billion.
Earnings Per Share
•GAAP diluted EPS for the quarter were $2.82, a 7% increase over $2.63 for the second quarter of fiscal 2024.
•Excluding a $0.14 decrease for business optimization costs in the second quarter of fiscal 2024, GAAP diluted EPS increased 2% over adjusted EPS of $2.77 for the second quarter of fiscal 2024.
Year over Year Increase in Diluted Earnings Per Share
Second Quarter Fiscal 2024 Adjusted EPS$2.77
Higher revenue and operating results$0.11
Lower share count$0.01
Lower non-operating income$(0.01)
Higher effective tax rate$(0.06)
Second Quarter Fiscal 2025 GAAP EPS$2.82


3

Q2 FY25 Financial Review
Cash Flow
Second Quarter Fiscal 2025
(in billions)		Second Quarter Fiscal 2024
(in billions)
Operating Cash Flow
$2.85
$2.10
Less: Property & Equipment Additions
$0.17
$0.11
Free Cash Flow
$2.68
$1.99
Days services outstanding, or DSOs, were 48 days at February 28, 2025, compared with 46 days at August 31, 2024 and 43 days at February 29, 2024.
Accenture’s total cash balance at February 28, 2025 was $8.5 billion, compared with $5.0 billion at August 31, 2024.
Dividend
•On February 14, 2025, a quarterly cash dividend of $1.48 per share was paid to shareholders of record at the close of business on January 16, 2025.
◦These cash dividend payments totaled $929 million.
•Accenture plc has declared another quarterly cash dividend of $1.48 per share for shareholders of record at the close of business on April 10, 2025.
◦This dividend, which is payable on May 15, 2025, represents a 15% increase over the quarterly dividend rate of $1.29 per share in fiscal 2024.
Share Repurchase Activity
•During the second quarter of fiscal 2025, Accenture repurchased or redeemed 4.0 million shares for a total of $1.4 billion, including approximately 2.4 million shares repurchased in the open market.
•Accenture’s total remaining share repurchase authority at February 28, 2025 was approximately $5.0 billion.
•At February 28, 2025, Accenture had approximately 627 million total shares outstanding.
4

Business Outlook
Third Quarter Fiscal 2025 Outlook
Revenues$16.9B – $17.5B
Revenue Growth (Local Currency)3% – 7%
Foreign-Exchange Impact on ResultsApproximately negative 0.5%
Full Year Fiscal 2025 Outlook
As of March 20, 2025As of December 19, 2024
Revenue Growth (Local Currency)5% – 7%4% – 7%
Foreign-Exchange Impact on ResultsApproximately negative 0.5%Approximately negative 0.5%
Operating Margin
15.6% – 15.7%
80 – 90 bps expansion over FY24 GAAP
10 – 20 bps over FY24 adjusted op margin*
15.6% – 15.8%
80 – 100 bps expansion over FY24 GAAP
10 – 30 bps over FY24 adjusted op margin*
Annual Effective Tax Rate22.5% – 24.5%22.5% – 24.5%
Diluted Earnings Per Share
$12.55 – $12.79
10% – 12% increase over FY24 GAAP
5% – 7% over FY24 adjusted EPS**
$12.43 – $12.79
9% – 12% increase over FY24 GAAP
4% – 7% over FY24 adjusted EPS**
Operating Cash Flow$9.4B – $10.1B$9.4B – $10.1B
Property & Equipment Additions$600M$600M
Free Cash Flow$8.8B – $9.5B$8.8B – $9.5B
Capital Returnat least $8.3Bat least $8.3B
*Fiscal 2024 adjusted operating margin excluded $438 million for business optimization costs.
**Fiscal 2024 adjusted EPS excluded $0.51 for business optimization costs.

5

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.
360° Value Reporting
Accenture’s goal is to create 360° value for our clients, people, shareholders, partners and communities. Our full 360° Value Report and online 360° Value Reporting Experience provide customizable reporting. To access, please visit the Accenture 360° Value Reporting Experience at accenture.com/reportingexperience.
Non-GAAP Financial Information
This news release includes certain non-GAAP financial information as defined by Securities and Exchange Commission Regulation G. Pursuant to the requirements of this regulation, reconciliations of this non-GAAP financial information to Accenture’s financial statements as prepared under generally accepted accounting principles (GAAP) are included in this press release. Financial results “in local currency” are calculated by restating current-period activity into U.S. dollars using the comparable prior-year period’s foreign-currency exchange rates. Accenture’s management believes providing investors with this information gives additional insights into Accenture’s results of operations. While Accenture’s management believes that the non-GAAP financial measures herein are useful in evaluating Accenture’s operations, this information should be considered as supplemental in nature and not as a substitute for the related financial information prepared in accordance with GAAP. Accenture provides full-year revenue guidance on a local-currency basis and not in U.S. dollars because the impact of foreign exchange rate fluctuations could vary significantly from the company’s stated assumptions.
Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target,” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving
6

technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI could harm our business, damage our reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture's debt obligations could adversely affect our business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and our strategy to continue to grow in our key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K, as updated in Item 1A, “Risk Factors” in its Quarterly Report on Form 10-Q for the second quarter of fiscal 2025, and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
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

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7


Accenture plc
Consolidated Income Statements
(In thousands of U.S. dollars, except share and per share amounts)
(Unaudited)
Three Months EndedSix Months Ended
February 28, 2025% of RevenuesFebruary 29, 2024% of RevenuesFebruary 28, 2025% of RevenuesFebruary 29, 2024% of Revenues
REVENUES:
Revenues $16,659,301 100.0 %$15,799,514 100.0 %$34,348,846 100.0 %$32,023,817 100.0 %
OPERATING EXPENSES:
Cost of services 11,684,313 70.1 %10,921,045 69.1 %23,551,029 68.6 %21,697,407 67.8 %
Sales and marketing 1,676,781 10.1 %1,631,185 10.3 %3,487,890 10.2 %3,341,076 10.4 %
General and administrative costs 1,053,493 6.3 %1,085,448 6.9 %2,116,736 6.2 %2,118,947 6.6 %
Business optimization costs— — %115,409 0.7 %— — %255,073 0.8 %
Total operating expenses14,414,587 13,753,087 29,155,655 27,412,503 
OPERATING INCOME2,244,714 13.5 %2,046,427 13.0 %5,193,191 15.1 %4,611,314 14.4 %
Interest income76,113 65,269 152,140 167,249 
Interest expense(64,669)(10,305)(94,711)(24,800)
Other income (expense), net 32,616 (5,652)(6,601)(41,371)
INCOME BEFORE INCOME TAXES2,288,774 13.7 %2,095,739 13.3 %5,244,019 15.3 %4,712,392 14.7 %
Income tax expense466,333 386,537 1,105,388 993,209 
NET INCOME1,822,441 10.9 %1,709,202 10.8 %4,138,631 12.0 %3,719,183 11.6 %
Net income attributable to noncontrolling interest in Accenture Canada Holdings Inc.(1,685)(1,675)(3,855)(3,691)
Net income attributable to noncontrolling interests – other (1)(32,681)(32,668)(67,807)(67,189)
NET INCOME ATTRIBUTABLE TO ACCENTURE PLC$1,788,075 10.7 %$1,674,859 10.6 %$4,066,969 11.8 %$3,648,303 11.4 %
CALCULATION OF EARNINGS PER SHARE:
Net income attributable to Accenture plc$1,788,075 $1,674,859 $4,066,969 $3,648,303 
Net income attributable to noncontrolling interest in Accenture Canada Holdings Inc. (2)1,685 1,675 3,855 3,691 
Net income for diluted earnings per share calculation$1,789,760 $1,676,534 $4,070,824 $3,651,994 
WEIGHTED AVERAGE SHARES:
Basic626,824,946 629,016,555 626,247,762 628,488,831 
Diluted634,211,978 636,797,814 634,543,212 637,069,356 
EARNINGS PER SHARE:
Basic$2.85 $2.66 $6.49 $5.80 
Diluted$2.82 $2.63 $6.42 $5.73 
Cash dividends per share$1.48 $1.29 $2.96 $2.58 
(1)Comprised primarily of noncontrolling interest attributable to the noncontrolling shareholders of Avanade, Inc.
(2)Diluted earnings per share assumes the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares on a one-for-one basis. The income effect does not take into account “Net income attributable to noncontrolling interests — other,” since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares.

8

Accenture plc
Summary of Revenues
(In thousands of U.S. dollars)
(Unaudited)
Three Months EndedPercent
Increase (Decrease)
U.S.
Dollars		Percent
Increase (Decrease)
Local
Currency
February 28, 2025February 29, 2024
GEOGRAPHIC MARKETS
Americas (1)$8,553,098 $7,815,543 9 %11 %
EMEA5,803,875 5,598,850 4 8 
Asia Pacific (1)2,302,328 2,385,121 (3)1 
Total Revenues$16,659,301 $15,799,514 5 %8.5 %
INDUSTRY GROUPS
Communications, Media & Technology $2,729,655 $2,654,137 3 %6 %
Financial Services3,010,430 2,808,930 7 11 
Health & Public Service3,608,912 3,334,039 8 10 
Products5,051,839 4,761,838 6 9 
Resources 2,258,465 2,240,570 1 5 
Total Revenues$16,659,301 $15,799,514 5 %8.5 %
TYPE OF WORK
Consulting$8,282,260 $8,021,034 3 %6 %
Managed Services8,377,041 7,778,480 8 11 
Total Revenues$16,659,301 $15,799,514 5 %8.5 %
Six Months EndedPercent
Increase (Decrease)
U.S.
Dollars		Percent
Increase (Decrease)
Local
Currency
February 28, 2025February 29, 2024
GEOGRAPHIC MARKETS
Americas (1)$17,286,193 $15,842,515 9 %11 %
EMEA12,215,827 11,402,492 7 7 
Asia Pacific (1)4,846,826 4,778,810 1 2 
Total Revenues$34,348,846 $32,023,817 7 %8.3 %
INDUSTRY GROUPS
Communications, Media & Technology $5,587,540 $5,323,585 5 %6 %
Financial Services6,179,265 5,842,508 6 7 
Health & Public Service7,421,521 6,711,505 11 11 
Products10,477,156 9,621,825 9 9 
Resources 4,683,364 4,524,394 4 5 
Total Revenues$34,348,846 $32,023,817 7 %8.3 %
TYPE OF WORK
Consulting$17,327,488 $16,477,540 5 %6 %
Managed Services17,021,358 15,546,277 9 11 
Total Revenues$34,348,846 $32,023,817 7 %8.3 %
(1)During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation.


9

Accenture plc
Operating Income by Geographic Market
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended
  February 28, 2025February 29, 2024
Operating
Income		Operating
Margin		Operating
Income		Operating
Margin		Increase (Decrease)
Americas (1)$1,240,443 15 %$1,083,257 14 %$157,186 
EMEA 639,235 11 529,012 9 110,223 
Asia Pacific (1) 365,036 16 434,158 18 (69,122)
Total Operating Income$2,244,714 13.5 %$2,046,427 13.0 %$198,287 

Six Months Ended
  February 28, 2025February 29, 2024
Operating
Income		Operating
Margin		Operating
Income		Operating
Margin		Increase (Decrease)
Americas (1)$2,617,677 15 %$2,376,238 15 %$241,439 
EMEA1,675,212 14 1,352,613 12 322,599 
Asia Pacific (1)900,302 19 882,463 18 17,839 
Total Operating Income$5,193,191 15.1 %$4,611,314 14.4 %$581,877 
(1)During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation.
10

Accenture plc
Reconciliation of Operating Income, as Reported (GAAP) to Operating Income as Adjusted (Non-GAAP)
(In thousands of U.S. dollars)
(Unaudited)
Three Months Ended
  February 28, 2025February 29, 2024
As Reported (GAAP)Operating
Margin (GAAP)		As Reported
(GAAP)		Business Optimization (1)Adjusted (Non-GAAP)Operating
Margin (Non-GAAP)		Increase (Decrease) (Non-GAAP)
Americas (2)$1,240,443 15 %$1,083,257 $11,860 $1,095,117 14 %$145,326 
EMEA639,235 11 529,012 85,561 614,573 11 24,662 
Asia Pacific (2)365,036 16 434,158 17,988 452,146 19 (87,110)
Total Operating Income$2,244,714 13.5 %$2,046,427 $115,409 $2,161,836 13.7 %$82,878 

Six Months Ended
  February 28, 2025February 29, 2024
As Reported (GAAP)Operating
Margin (GAAP)		As Reported
(GAAP)		Business Optimization (1)Adjusted (Non-GAAP)Operating
Margin (Non-GAAP)		Increase (Decrease) (Non-GAAP)
Americas (2)$2,617,677 15 %$2,376,238 $61,915 $2,438,153 15 %$179,524 
EMEA1,675,212 14 1,352,613 156,365 1,508,978 13 166,234 
Asia Pacific (2)900,302 19 882,463 36,793 919,256 19 (18,954)
Total Operating Income$5,193,191 15.1 %$4,611,314 $255,073 $4,866,387 15.2 %$326,804 
(1)Costs recorded in connection with our business optimization initiatives, primarily for employee severance.
(2)During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America. With this change, North America became the Americas market and Growth Markets became the Asia Pacific market. Prior period amounts have been reclassified to conform with the current period presentation.

11

Accenture plc
Reconciliation of Net Income and Diluted Earnings Per Share, as Reported (GAAP), to Net Income and Diluted Earnings Per Share, as Adjusted (Non-GAAP)
(In thousands of U.S. dollars, except per share amounts)
(Unaudited)
Three Months Ended
February 28, 2025February 29, 2024
As Reported (GAAP)As Reported (GAAP)Business Optimization (1)Adjusted (Non-GAAP)
Operating Income$2,244,714 $2,046,427 $115,409 $2,161,836 
Operating Margin13.5 %13.0 %0.7 %13.7 %
Income before income taxes2,288,774 2,095,739 115,409 2,211,148 
Income tax expense466,333 386,537 28,078 414,615 
Net Income$1,822,441 $1,709,202 $87,331 $1,796,533 
Effective tax rate20.4 %18.4 %24.3 %18.8 %
Diluted earnings per share (2)$2.82 $2.63 $0.14 $2.77 
Six Months Ended
February 28, 2025February 29, 2024
As Reported (GAAP)As Reported (GAAP)Business Optimization (1)Adjusted (Non-GAAP)
Operating Income$5,193,191 $4,611,314 $255,073 $4,866,387 
Operating Margin15.1 %14.4 %0.8 %15.2 %
Income before income taxes5,244,019 4,712,392 255,073 4,967,465 
Income tax expense1,105,388 993,209 62,056 1,055,265 
Net Income$4,138,631 $3,719,183 $193,017 $3,912,200 
Effective tax rate21.1 %21.1 %24.3 %21.2 %
Diluted earnings per share (2)$6.42 $5.73 $0.30 $6.04 
Amounts in table may not total due to rounding.
(1)Costs recorded in connection with our business optimization initiatives, primarily for employee severance.
(2)The impact of the business optimization costs on diluted earnings per share are presented net of related taxes. The income tax effect was negative $0.04 and negative $0.10 for the three and six months ended February 29, 2024, respectively. This includes both the current and deferred income tax impact and was calculated by using the relevant tax rate of the country where the costs were recorded.
12

Accenture plc
Consolidated Balance Sheets
(In thousands of U.S. dollars)

 February 28, 2025August 31, 2024
ASSETS(Unaudited) 
CURRENT ASSETS:
Cash and cash equivalents$8,490,438 $5,004,469 
Short-term investments5,062 5,396 
Receivables and contract assets14,281,294 13,664,847 
Other current assets2,530,858 2,183,069 
Total current assets25,307,652 20,857,781 
NON-CURRENT ASSETS:
Contract assets141,561 120,260 
Investments441,720 334,664 
Property and equipment, net1,510,841 1,521,119 
Lease assets2,595,342 2,757,396 
Goodwill20,948,597 21,120,179 
Other non-current assets8,924,043 9,220,964 
Total non-current assets34,562,104 35,074,582 
TOTAL ASSETS$59,869,756 $55,932,363 
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt and bank borrowings$115,179 $946,229 
Accounts payable2,614,866 2,743,807 
Deferred revenues5,460,618 5,174,923 
Accrued payroll and related benefits6,071,242 7,050,833 
Lease liabilities691,158 726,202 
Other accrued liabilities2,177,292 2,334,133 
Total current liabilities17,130,355 18,976,127 
NON-CURRENT LIABILITIES:
Long-term debt5,042,111 78,628 
Lease liabilities2,211,882 2,369,490 
Other non-current liabilities5,303,460 5,339,870 
Total non-current liabilities12,557,453 7,787,988 
Total Accenture plc shareholders’ equity29,246,053 28,288,646 
Noncontrolling interest935,895 879,602 
Total shareholders’ equity30,181,948 29,168,248 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$59,869,756 $55,932,363 


13

Accenture plc
Consolidated Cash Flows Statements
(In thousands of U.S. dollars)
(Unaudited)
Three Months EndedSix Months Ended
February 28, 2025February 29, 2024February 28, 2025February 29, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income$1,822,441 $1,709,202 $4,138,631 $3,719,183 
Depreciation, amortization and other544,870 528,928 1,114,210 1,050,328 
Share-based compensation expense686,114 641,871 1,156,539 1,064,871 
Change in assets and liabilities/other, net(200,025)(778,958)(2,533,494)(3,234,788)
Net cash provided by (used in) operating activities2,853,400 2,101,043 3,875,886 2,599,594 
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment(170,812)(109,823)(323,017)(178,756)
Purchases of businesses and investments, net of cash acquired(250,795)(2,121,455)(492,355)(2,909,480)
Proceeds from the sale of businesses and investments, net of cash transferred10,163 20,905 15,433 20,905 
Other investing, net4,160 2,125 7,131 3,653 
Net cash provided by (used in) investing activities(407,284)(2,208,248)(792,808)(3,063,678)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of ordinary shares210,287 285,373 687,654 762,807 
Purchases of shares(1,447,818)(1,321,846)(2,346,082)(2,512,974)
Proceeds from (repayments of) debt, net— — 4,129,200 — 
Cash dividends paid(928,992)(812,578)(1,854,550)(1,622,634)
Other financing, net(38,505)(16,690)(69,502)(44,853)
Net cash provided by (used in) financing activities(2,205,028)(1,865,741)546,720 (3,417,654)
Effect of exchange rate changes on cash and cash equivalents(56,705)(46,788)(143,829)(42,187)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS184,383 (2,019,734)3,485,969 (3,923,925)
CASH AND CASH EQUIVALENTS, beginning of period
8,306,055 7,140,841 5,004,469 9,045,032 
CASH AND CASH EQUIVALENTS, end of period
$8,490,438 $5,121,107 $8,490,438 $5,121,107 

14
v3.25.1
Cover
Mar. 20, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Mar. 20, 2025
Entity Registrant Name Accenture plc
Entity Incorporation, State or Country Code L2
Entity File Number 001-34448
Entity Tax Identification Number 98-0627530
Entity Address, Address Line One 1 Grand Canal Square
Entity Address, Address Line Two Grand Canal Harbour
Entity Address, City or Town Dublin
Entity Address, Postal Zip Code 2
Entity Address, Country IE
Country Region 353
City Area Code 1
Local Phone Number 646-2000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Class A ordinary shares, par value $0.0000225 per share
Trading Symbol ACN
Security Exchange Name NYSE
Entity Central Index Key 0001467373
Amendment Flag false
Entity Emerging Growth Company false
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