Accenture reported third-quarter fiscal 2026 earnings of $3.80 per share, narrowly beating analyst expectations. Revenue reached $18.72 billion, slightly missing consensus estimates.
The company lowered its full-year 2026 revenue growth forecast to between 3% and 4% in local currency. New bookings for consulting services fell 3% in local currency compared to the previous year. This adjustment reflects weaker demand as enterprises reduce spending on discretionary IT projects and large-scale transformations.
The market reacted negatively to the revised outlook. Analysts view Accenture’s performance as a barometer for the health of corporate technology budgets. The guidance cut has raised growth concerns for the broader IT services industry.