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NIFTY23,4060.33%
SENSEX74,3460.41%
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NIFTY IT29,3845.57%
PHARMA24,0870.33%
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Accenture Plc Posts Strong Q2 Earnings, Expects Further Hiring in H2FY26

Key Highlights

  • Accenture's headcount increased sequentially in the second quarter (Q2FY26) to 786,432 employees, with a net addition of 2,741 new employees.
  • The company added 7,159 employees in the first half of the fiscal year (H1FY26).

Hiring Sentiments

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Accenture is expected to further ramp up its talent acquisition in the second half of the fiscal year, signaling improving sentiments around hiring. The company's CFO, Angie Park, mentioned during the earnings conference call that Accenture will be increasing its headcount in the second half of the fiscal year.

Attrition Rate

Accenture's attrition rate remained flat at 13% for the quarter, which is a positive trend compared to most IT companies that have seen a steady reduction in headcount.

Q2 Performance

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Accenture reported revenue of $18 billion, representing an 8% increase in US dollars year-on-year. New bookings during the quarter increased 6% to $22.11 billion, with consulting bookings of $11.33 billion and managed services bookings of $10.78 billion.

Revenue Forecast

Accenture revised its outlook, anticipating full-year revenue growth to be within the range of 3% to 5%, compared to its earlier projection of 2% to 5%. This revised forecast is a positive indication of the company's growth prospects.

Investor Takeaway

Accenture's hiring plans may indicate a positive trend for the IT sector.

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