Accenture (ACN) financial statements
Accenture reported revenue of $69.7B in fiscal 2025, up 8.0% a year over 9 years.
Net income was $7.7B and the operating margin 14.7%, against 13.8% in 2016.
Free cash flow was $10.9B, and the company returned $4.6B in net buybacks.
The diluted share count fell 5% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Accenture's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.8B | $36.2B | $41.0B | $43.2B | $44.3B | $50.5B | $61.6B | $64.1B | $64.9B | $69.7B |
| Cost of revenue | $24.5B | $25.1B | $28.5B | $29.9B | $30.4B | $34.2B | $41.9B | $43.4B | $43.7B | $47.4B |
| Gross profit | $10.3B | $11.1B | $12.5B | $13.3B | $14.0B | $16.4B | $19.7B | $20.7B | $21.2B | $22.2B |
| Research and development | $643M | $704M | $791M | $800M | $871M | $1.1B | $1.1B | $1.3B | $1.2B | $817M |
| Selling, general and admin | $5.5B | $5.9B | $6.6B | $7.0B | $7.5B | $8.7B | $10.3B | $10.9B | $11.1B | $11.4B |
| Operating income | $4.8B | $5.2B | $5.9B | $6.3B | $6.5B | $7.6B | $9.4B | $8.8B | $9.6B | $10.2B |
| Interest expense | $16M | $16M | $20M | $23M | $33M | $59M | $47M | $48M | $59M | $229M |
| Pre-tax income | $5.6B | $4.6B | $5.8B | $6.3B | $6.8B | $7.8B | $9.2B | $9.1B | $9.7B | $10.3B |
| Income tax | $1.3B | $981M | $1.6B | $1.4B | $1.6B | $1.8B | $2.2B | $2.1B | $2.3B | $2.4B |
| Net income | $4.1B | $3.4B | $4.1B | $4.8B | $5.1B | $5.9B | $6.9B | $6.9B | $7.3B | $7.7B |
| EPS (diluted) | $6.45 | $5.44 | $6.34 | $7.36 | $7.89 | $9.16 | $10.71 | $10.77 | $11.44 | $12.15 |
| Diluted shares | 668M | 660M | 655M | 650M | 648M | 646M | 643M | 639M | 636M | 632M |
| Gross margin | 29.5% | 30.6% | 30.5% | 30.8% | 31.5% | 32.4% | 32.0% | 32.3% | 32.6% | 31.9% |
| Operating margin | 13.8% | 14.4% | 14.4% | 14.6% | 14.7% | 15.1% | 15.2% | 13.7% | 14.8% | 14.7% |
| Net margin | 11.8% | 9.5% | 9.9% | 11.1% | 11.5% | 11.7% | 11.2% | 10.7% | 11.2% | 11.0% |
Balance sheet
Fiscal years, from Accenture's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4.9B | $4.1B | $5.1B | $6.1B | $8.5B | $8.2B | $7.9B | $9.0B | $5.0B | $11.5B |
| Receivables | $4.1B | $4.6B | $5.0B | $7.5B | $7.2B | $8.8B | $10.5B | $10.7B | $11.9B | $13.1B |
| Total current assets | $12.0B | $12.1B | $13.6B | $15.5B | $17.7B | $19.7B | $21.6B | $23.4B | $20.9B | $28.9B |
| Property, plant and equipment | $957M | $1.1B | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B | $1.5B | $1.5B | $1.6B |
| Goodwill | $3.6B | $5.0B | $5.4B | $6.2B | $7.7B | $11.1B | $13.1B | $15.6B | $21.1B | $22.5B |
| Total assets | $20.6B | $22.7B | $24.4B | $29.8B | $37.1B | $43.2B | $47.3B | $51.2B | $55.9B | $65.4B |
| Total current liabilities | $8.9B | $9.8B | $10.2B | $11.1B | $12.7B | $15.7B | $17.5B | $18.0B | $19.0B | $20.4B |
| Long-term debt | $24M | $22M | $20M | $16M | $54M | $53M | $46M | $43M | $79M | $5.0B |
| Total liabilities | $12.4B | $13.0B | $13.7B | $15.0B | $19.6B | $23.1B | $24.5B | $24.8B | $26.8B | $33.2B |
| Shareholders' equity | $7.6B | $8.9B | $10.4B | $14.4B | $17.0B | $19.5B | $22.1B | $25.7B | $28.3B | $31.2B |
| Net debt | -$4.9B | -$4.1B | -$5.0B | -$6.1B | -$8.4B | -$8.1B | -$7.8B | -$8.9B | -$4.0B | -$6.3B |
Cash flow
Fiscal years, from Accenture's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $4.7B | $5.0B | $6.0B | $6.6B | $8.2B | $9.0B | $9.5B | $9.5B | $9.1B | $11.5B |
| Capital spending | $497M | $516M | $619M | $599M | $599M | $580M | $718M | $528M | $517M | $600M |
| Free cash flow | $4.2B | $4.5B | $5.4B | $6.0B | $7.6B | $8.4B | $8.8B | $9.0B | $8.6B | $10.9B |
| Stock-based compensation | $758M | $795M | $977M | $1.1B | $1.2B | $1.3B | $1.7B | $1.9B | $1.9B | $2.1B |
| Dividends paid | $1.4B | $1.6B | $1.7B | $1.9B | $2.0B | $2.2B | $2.5B | — | — | — |
| Share buybacks (net) | -$2.6B | -$2.6B | -$2.6B | -$2.7B | -$2.9B | -$3.7B | -$4.1B | -$4.3B | -$4.5B | -$4.6B |
| Net borrowing | — | — | — | — | — | — | $0 | $100M | $828M | $4.1B |
| Free cash flow margin | 12.0% | 12.3% | 13.2% | 13.9% | 17.2% | 16.6% | 14.3% | 14.0% | 13.3% | 15.6% |
| Dividends per share | $2.15 | $2.37 | $2.61 | $2.87 | $3.15 | $3.46 | $3.82 | — | — | — |
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Open ACN in InvestinglyQuestions
What was Accenture's revenue in 2025?
$69.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Accenture generate?
$10.9B in fiscal 2025 (operating cash flow minus capital spending).
From Accenture's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.