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ACN · Q3 FY2026

Accenture plc Q3 FY2026 earnings analysis

By SageNoodle ResearchBullish
Reported results versus estimates
MetricActualEstimateResult
Revenue$18.72B$17.73B (yr ago)Beat
EPS$3.80$3.49 (yr ago)Beat
Free Cash Flow$1.51BNot disclosed (yr ago)Miss
Gross MarginNot disclosedNot disclosed (yr ago)Miss
Operating Margin17.0%16.8% (yr ago)Beat

What changed

Revenue increased 5.6% year over year to $18.72 billion, while EPS rose 8.9% to $3.80. Operating margin expanded 20 basis points to 17.0%, and the supplied cash-flow values imply $1.51 billion of quarterly free cash flow, although the comparable prior-year figure was not disclosed.

Impact on the investment thesis

With no prior coverage, we establish a $210 base-case fair value rather than revise an existing estimate. The quarter supports that value through higher revenue, EPS and operating margin, but absent management guidance and gross-margin disclosure limits the case for a higher estimate.

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