Record Bookings and Revenue
Accenture reported bookings of $20.9 billion, with revenue reaching $18.7 billion, growing 5% in local currency.
Advanced AI Growth
Advanced AI bookings this quarter were $2.2 billion, nearly doubling from Q1 last year, with revenue reaching approximately $1.1 billion.
Strong Operating Margin and EPS Growth
Adjusted operating margin expanded by 30 basis points year over year, and adjusted EPS grew by 10% compared to Q1 last year.
Strategic Acquisitions
Accenture announced the acquisition of a 65% stake in DLB Associates, among six strategic acquisitions this quarter.
Partnership Strategy Success
60% of Q1 revenue came from work with top 10 ecosystem partners, outpacing overall growth.