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AI Is No Longer Optional—How It Is Redefining Accenture’s Market & Client Spend!

Accenture plc reported solid financial results for its second quarter of fiscal 2026, demonstrating broad-based revenue growth and record bookings amid ongoing investments in AI and strategic acquisitions. The company recorded revenues of $18 billion, representing a 4% growth in local currency and 8% in U.S. dollars, with consulting revenue increasing 3% locally and managed services growing 5%. New bookings hit a quarterly record of $22.1 billion, reflecting a 1% increase in local currency. Notably, Accenture expanded its client base with 41 clients securing bookings over $100 million during the quarter, contributing to 74 such clients in the first half of the year—twelve more than the prior year. Operating margins expanded by 30 basis points to 13.8%, despite continued investment in talent and capabilities. Diluted earnings per share grew by 4% to $2.93, with the effective tax rate rising to 24.3% from 20.4% in the previous year.