What changed in this filing

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Item 5. Market for Registrant’s Common Equity

2026-10-16 compared with 2025-10-10 · 56 added, 46 removed, 119 unchanged (46% of the section changed)

Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities

Accenture plc Class A ordinary shares are traded on the New York Stock Exchange under the symbol “ACN.” The New York Stock Exchange is the principal United States market for these shares.

As of October 2, 2026, there were 354 holders of record of Accenture plc Class A ordinary shares.

There is no trading market for Accenture plc Class X ordinary shares.

As of October 2, 2026, there were 13 holders of record of Accenture plc Class X ordinary shares.

For information about our dividend activity during fiscal 2026, see Note 14 (Shareholders’ Equity) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

On September 30, 2026, the Board of Directors of Accenture plc declared a quarterly cash dividend of $1.71 per share on our Class A ordinary shares for shareholders of record at the close of business on October 13, 2026, payable on November 13, 2026.

For the remainder of fiscal 2027, we expect to declare additional quarterly dividends in December 2026 and March and June 2027, to be paid in February, May and August 2027, respectively, subject to the approval of the Board of Directors.

In certain circumstances, as an Irish tax resident company, we may be required to deduct Irish dividend withholding tax (“DWT”) (currently at the rate of 25%) from dividends paid to our shareholders.

Shareholders resident in “relevant territories” (including countries that are European Union member states (other than Ireland), the United States and other countries with which Ireland has a tax treaty) may be exempted from Irish DWT.

However, shareholders residing in other countries will generally be subject to Irish DWT.

Recent Sales of Unregistered Securities

ACCENTURE 2026 FORM 10-K

Purchases of Accenture plc Class A Ordinary Shares

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This approach is used for all results where the functional currency is not the U.S.

Accenture is a leading solutions and global professional services company that helps enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together our people, proprietary assets and platforms, and deep ecosystem relationships.

Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients.

Accenture is a business reinvention and technology company.

Our people bring deep insights across industries and functions, with capabilities spanning strategy, process, operating model, change management, talent, data, technology and AI.

We deliver this expertise through consulting, managed services, proprietary assets and platforms, and increasingly, software .

We serve clients in three geographic markets:

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Our results of operations are affected by economic conditions, including macroeconomic conditions, the overall inflationary environment, new and rapidly changing technologies, and levels of business confidence.

We continue to see significant economic and geopolitical uncertainty in many markets around the world, which has impacted and may continue to impact our business.

We continue to see significant economic and geopolitical uncertainty in many markets around the world, including as a result of conflict in the Middle East, which has impacted and may continue to impact our business.

While the discretionary environment is unchanged, clients continue to prioritize large-scale transformations, which include becoming AI-ready.

In addition, the U.S.

administration is reducing federal spending and the size of the federal workforce under the guidance of the Department of Government Efficiency.

We are seeing impacts from these efforts in our federal government business (“Accenture Federal Services, or AFS”), including delays in new procurements, reductions in price and contract scope, and contract terminations.

These changes have had an adverse effect on AFS’s results and could in the future have a material impact on our results of operations or financial condition.

For a discussion of risks related to these and other recent developments, see Item 1A, “Risk Factors.”

Key metrics for fiscal 2026 compared to fiscal 2025 are included below.

We have presented operating income, operating margin, effective tax rate and diluted earnings per share for fiscal 2026 and 2025 on a non-GAAP or “adjusted” basis to exclude the impact of business optimization costs.

During the fourth quarter of fiscal 2025, we initiated business optimization actions and recorded $615 million in related costs, which includes $344 million associated with a refreshed talent strategy, as well as asset impairments of approximately $271 million primarily related to the divestiture of two acquisitions that are no longer aligned with our strategic priorities.

In fiscal 2024, we recorded $438 million in business optimization costs associated with actions initiated in fiscal 2023 and completed in fiscal 2024.

For additional information regarding our business optimization actions and related costs, see Note 1 (Summary of Significant Accounting Policies) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

• Revenues of $69.7 billion, an increase of 7% in both U.S.

dollars and local currency;

• New bookings of $80.6 billion, a decrease of 1% in both U.S.

dollars and local currency;

ACCENTURE 2025 FORM 10-K

Management's Discussion and Analysis of Financial Condition and Results of Operations 32

• Operating margin of 14.7%, a decrease from 14.8% in fiscal 2024;

adjusted operating margin of 15.6%, an increase compared to 15.5% in fiscal 2024;

During the first quarter of fiscal 2026, we completed our six-month business optimization program and recorded costs of $ 308 million and $ 615 million during fiscal 2026 and 2025, respectively .

For additional information regarding our business optimization actions and related costs, see Note 16 (Segment Reporting) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

• Revenues of $74.2 billion, an increase of 6% in U.S.

dollars and 5% in local currency;

• New bookings of $84.5 billion, an increase of 5% in U.S.

dollars and 3% in local currency;

• Operating margin of 15.4%, compared to 14.7% in fiscal 2025;

adjusted operating margin of 15.8%, compared to 15.6% in fiscal 2025;

• Diluted earnings per share of $13.56, a 12% increase over diluted earnings per share of $12.15 in fiscal 2025;

adjusted earnings per share of $13.97, an 8% increase over adjusted earnings per share of $12.93 in fiscal 2025;

• Cash returned to shareholders of $8.3 billion, including dividends of $3.7 billion and share purchases of $4.6 billion.

• Cash returned to shareholders of $11.5 billion, including share purchases of $7.5 billion and dividends of $4.0 billion.

ACCENTURE 2026 FORM 10-K

Management's Discussion and Analysis of Financial Condition and Results of Operations

Fiscal Percent

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Amounts in table may not total due to rounding.

(1) During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America.

With this change, North America became the Americas market and Growth Markets became the Asia Pacific market.

Prior period amounts have been reclassified to conform with the current period presentation.

Revenues for fiscal 2025 increased 7% in both U.S.

dollars and local currency compared to fiscal 2024.

During fiscal 2025, revenue growth in local currency was very strong in the Americas, strong in EMEA and solid in Asia Pacific.

We experienced local currency revenue growth that was very strong in Financial Services & Products, strong in Health & Public Service and Communications, Media & Technology and solid in Resources.

Revenue growth in local currency was very strong in managed services and solid in consulting.

While the business environment remained competitive, pricing improved in several areas of our business.

Revenues for fiscal 2026 increased 6% in U.S.

dollars and 5% in local currency compared to fiscal 2025.

During fiscal 2026, revenue growth in local currency was very strong in Asia Pacific and solid in EMEA and the Americas.

We experienced local currency revenue growth that was very strong in Communications, Media & Technology, strong in Financial Services, solid in Products and modest in Resources and Health & Public Service.

Revenue growth in local currency was strong in managed services and modest in consulting.

The business environment remained competitive, and we experienced lower pricing in many areas of the business during the fourth quarter of fiscal 2026.

For the full fiscal year 2026, pricing was relatively stable compared to fiscal 2025.

We define pricing as the contract profitability or margin on the work that we sell.

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dollars and 3% in local currency compared to fiscal 2025.

Consulting revenue growth in local currency for fiscal 2025 was driven by strong growth in the Americas, solid growth in EMEA and modest growth in Asia Pacific.

Our consulting revenue continues to be driven by helping our clients accelerate their reinvention, leveraging cloud, enterprise platforms, security, AI and data, including advanced AI, as well as our change capabilities to help clients build new skills and drive the successful adoption of new processes and technologies.

Consulting revenue growth in local currency for fiscal 2026 was driven by very strong growth in Asia Pacific, solid growth in the Americas and slight growth in EMEA.

Our consulting revenue continues to be driven by helping our clients accelerate their reinvention and drive business outcomes, by redesigning processes and operating models, modernizing and implementing technology and data foundations, and leveraging cloud, software enterprise platforms, security, AI and data, as well as our change capabilities to help clients build new skills and drive the successful adoption of new processes and technologies.

In addition, clients continue to be focused on initiatives designed to deliver cost savings, supply chain and operational resilience, as well as to accelerate growth and improve customer experiences.

While we continue to experience demand for these services, we are seeing a slower pace and level of client spending, particularly for smaller contracts with a shorter duration.

In our managed services business, revenues for fiscal 2025 increased 9% in both U.S.

dollars and local currency compared to fiscal 2024.

Managed services revenue growth in local currency for fiscal 2025 was driven by very strong growth in the Americas and strong growth in EMEA and Asia Pacific.

We continue to experience growing demand to assist clients with reinvented operations, application development and maintenance, and infrastructure management including cloud and security.

While we continue to experience demand for these services, particularly large transformation programs, the discretionary spending environment continues to impact smaller contracts with a shorter duration.

In our managed services business, revenues for fiscal 2026 increased 8% in U.S.

dollars and 6% in local currency compared to fiscal 2025.

Managed services revenue growth in local currency for fiscal 2026 was driven by very strong growth in Asia Pacific and EMEA and solid growth in the Americas.

We continue to assist clients with reinvented operations, application development and maintenance, and infrastructure management including cloud, security, AI and data.

Clients continue to be focused on transforming their operations through technology, AI and data, and leveraging our proprietary assets and platforms and talent to drive productivity and cost savings.

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While a significant portion of our revenues are in U.S.

dollars, the majority of our revenues are denominated in other currencies, including the Euro, Japanese yen and U.K.

dollars, the majority of our revenues are denominated in other currencies, including the Euro, U.K.

pound and Japanese yen.

There continues to be volatility in foreign currency exchange rates.

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dollars may be higher.

ACCENTURE 2025 FORM 10-K

Management's Discussion and Analysis of Financial Condition and Results of Operations 33

dollar strengthens against other currencies, resulting in unfavorable currency translation, our revenues, revenue growth and results of operations in U.S.

dollars may be lower.

There was minimal currency translation impact for fiscal 2025 compared to fiscal 2024.

dollar weakened against various currencies during fiscal 2026, resulting in favorable currency translation and U.S.

dollar revenue growth that was approximately 2% higher than our revenue growth in local currency for the year.

Assuming that exchange rates stay within recent ranges, we estimate that our fiscal 2027 revenue growth in U.S.

dollars will be approximately 2% higher than our revenue growth in local currency.

dollars will be approximately equal to our revenue growth in local currency.

ACCENTURE 2026 FORM 10-K

Management's Discussion and Analysis of Financial Condition and Results of Operations

People Metrics

Voluntary Attrition

consistent with fiscal 2024

compared to 92% in fiscal 2025

compared to approximately 779,000 as of August 31, 2025

compared to 14% in fiscal 2025

Utilization for fiscal 2025 was 92%, consistent with fiscal 2024.

Utilization for fiscal 2026 was 93%, up from 92% in fiscal 2025.

We hire to meet current and projected future demand.

We proactively plan and manage the size and composition of our workforce and take actions as needed to address changes in the anticipated demand for our solutions and services, given that compensation costs are the most significant portion of our operating expenses.

Our workforce, the majority of which serves our clients, increased to approximately 779,000 as of August 31, 2025, compared to approximately 774,000 as of August 31, 2024.

For fiscal 2025, attrition, excluding involuntary terminations, was 14%, compared to 13% in fiscal 2024.

Our workforce, the majority of which serves our clients, was approximately 814,000 as of August 31, 2026, compared to approximately 779,000 as of August 31, 2025.

For fiscal 2026, attrition, excluding involuntary terminations, was 13%, down from 14% in fiscal 2025.

For the fourth quarter of fiscal 2026, annualized attrition, excluding involuntary terminations, was 13%, down from 14% in the third quarter of fiscal 2026.

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Total New Bookings $ 84.5 $ 80.6 5 % 3 %

Amounts in table may not total due to rounding.

We provide information regarding our new bookings, which include new contracts, including those acquired through acquisitions, as well as renewals, extensions and changes to existing contracts, because we believe doing so provides useful trend information regarding changes in the volume of our new business over time.

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There are no third-party standards or requirements governing the calculation of bookings.

We do not update our new bookings for material subsequent terminations or reductions related to bookings originally recorded in prior fiscal years.

We do not update our new bookings for material subsequent terminations or reductions related to bookings originally recorded in prior periods.

New bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations.

The majority of our contracts are terminable by the client on short notice with little or no termination penalties, and some without notice.

Only the non-cancelable portion of these contracts is included in our remaining performance obligations disclosed in Note 2 (Revenues) to our Consolidated Financial Statements under Item 8, “Financial Statements and

ACCENTURE 2026 FORM 10-K

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity