Accenture Posts Higher Sales, Shrugging Off DOGE Concerns

By Nicholas G. Miller

Accenture posted higher fourth-quarter sales as it shrugged off concerns about the impact federal government cuts could have on its revenue.

The technology consulting company reported net income of $2.25 a share, down 15% from the year prior. But adjusted earnings rose 9% to $3.03. Analysts were expecting $2.98 a share, according to FactSet.

Accenture recorded $17.6 billion in sales, up 7% from the year before. Wall Street was expecting $17.38 billion. New bookings for the quarter were $21.3 billion.

Accenture shares have fallen 32% this year through Wednesday's close with investors concerned about the impact of federal government cuts on consultant revenue.

But Stifel analysts David Grossman and Aidan Conniff said in a note this month that the federal government accounts for only 8% of the company's revenue, meaning investor fears may be overblown.

The analysts also said that while some investors fear AI could cut into Accenture's business, the company could eventually benefit as changes in technology typically lead to more revenue for service providers with the applicable skills.

Accenture said its generative AI bookings were $1.8 billion for the quarter.

Accenture guided for 2026 revenue growth of 2% to 5%, and adjusted earnings of $13.52 to $13.90 a share.

Write to Nicholas G. Miller at [e-mail].

(END) Dow Jones Newswires

09-25-25 0709ET