Accenture plc stock research
FY2025 Q3
Accenture (ACN) Gross Margin — Quarter Ended May 31, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved from the prior quarter but weakened relative to the same quarter a year ago.
Gross margin takeaway
Quarter ended May 31, 2025 · FY2025 Q3
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved from the prior quarter but weakened relative to the same quarter a year ago.
- The improvement in gross margin from the prior quarter is the strongest observable driver, as gross profit grew faster than cost of revenue.
- Compared to the prior quarter, gross margin improved. Compared to the same quarter last year, gross margin weakened.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
32.9%
Gross profit
$5.8B
Revenue
$17.7B
Cost of revenue
$11.9B
Quarter-over-quarter change
+3.0 pts
Year-over-year change
-0.5 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| May 31, 2024 | $16.5B | $5.5B | $11.0B | 33.4% |
| Nov 30, 2024 | $17.7B | $5.8B | $11.9B | 32.9% |
| Feb 28, 2025 | $16.7B | $5.0B | $11.7B | 29.9% |
| May 31, 2025 | $17.7B | $5.8B | $11.9B | 32.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Feb 28, 2025
+3.0 pts
Year-over-year change
May 31, 2024
-0.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The improvement in gross margin from the prior quarter is the strongest observable driver, as gross profit grew faster than cost of revenue.
Compared to the prior quarter, gross margin improved. Compared to the same quarter last year, gross margin weakened.
Monitor the trend in cost of revenue relative to revenue, as it increased from both the prior quarter and the year-ago quarter.