Accenture plc stock research
FY2026 Q2
Accenture (ACN) Gross Margin — Quarter Ended Feb 28, 2026
Revenue and gross profit decreased compared to the preceding quarter, while cost of revenue remained relatively stable. The gross margin weakened, but it improved relative to the same quarter one year earlier.
Gross margin takeaway
Quarter ended Feb 28, 2026 · FY2026 Q2
Revenue and gross profit decreased compared to the preceding quarter, while cost of revenue remained relatively stable. The gross margin weakened, but it improved relative to the same quarter one year earlier.
- The gross margin declined sequentially as gross profit fell faster than the reduction in revenue. The year-over-year improvement in gross margin was supported by a proportionally smaller increase in cost of revenue relative to revenue growth.
- Compared to the previous quarter, revenue was lower and gross profit was lower, resulting in a weakened gross margin. Compared to the same quarter one year ago, revenue was higher and gross profit was higher, leading to an improved gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
30.3%
Gross profit
$5.5B
Revenue
$18.0B
Cost of revenue
$12.6B
Quarter-over-quarter change
-2.8 pts
Year-over-year change
+0.4 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 |
|---|---|---|---|---|
| Feb 28, 2025 | $16.7B | $5.0B | $11.7B | 29.9% |
| May 31, 2025 | $17.7B | $5.8B | $11.9B | 32.9% |
| Nov 30, 2025 | $18.7B | $6.2B | $12.5B | 33.1% |
| Feb 28, 2026 | $18.0B | $5.5B | $12.6B | 30.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Nov 30, 2025
-2.8 pts
Year-over-year change
Feb 28, 2025
+0.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin declined sequentially as gross profit fell faster than the reduction in revenue. The year-over-year improvement in gross margin was supported by a proportionally smaller increase in cost of revenue relative to revenue growth.
Compared to the previous quarter, revenue was lower and gross profit was lower, resulting in a weakened gross margin. Compared to the same quarter one year ago, revenue was higher and gross profit was higher, leading to an improved gross margin.
Monitor the trajectory of cost of revenue relative to revenue, as its stability quarter-over-quarter contributed to the margin change.