Accenture has released its financial results for the first quarter of fiscal 2025, showing significant growth and exceeding market expectations. The company's revenue amounted to $17.7 billion, a 9% increase in US dollars compared to the same period last year.
Financial Results and Company Growth
In the first quarter of 2025, Accenture achieved substantial revenue growth, reaching $17.7 billion, reflecting a 9% increase in US dollars and an 8% rise in local currency. This growth was driven mainly by consulting and managed services, with revenues of $9 billion and $8.6 billion, respectively.
Exceeding Market Expectations
Accenture surpassed market expectations by achieving revenues above the expected range of $16.85 billion to $17.45 billion. The actual revenue was $17.7 billion, approximately $240 million above the top end of the guided range. The company’s operating income for the quarter stood at $2.95 billion, reflecting a 15% increase from the first quarter of fiscal 2024. GAAP EPS was $3.59, exceeding the expected $3.42.
Updated Business Outlook for 2025
Accenture has updated its outlook for 2025, raising revenue growth expectations to 4-7% in local currency. The company plans to distribute at least $8.3 billion through dividends and share repurchases, emphasizing its commitment to returning cash to shareholders.
Accenture has shown strong results in the first quarter of 2025, reaffirming its leadership and strategic flexibility in the global market.