Accenture (ACN) Revenue — Quarter Ended Nov 30, 2023
Revenue increased in the current quarter compared to the prior quarter. Revenue also grew relative to the same quarter one year earlier.
Key takeaway
Quarter ended Nov 30, 2023 · FY2024 Q1
Revenue increased in the current quarter compared to the prior quarter. Revenue also grew relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$64.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 28, 2023 | $15.8B | +5.1% |
| May 31, 2023 | $16.6B | +2.5% |
| Aug 31, 2023 | $16B | +3.6% |
| Nov 30, 2023 | $16.2B | +3.0% |
Revenue performance
The reported revenue direction is positive, with a sequential increase from the immediately preceding quarter. On a year-over-year basis, revenue also rose compared to the same quarter one year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Compared to the same quarter one year earlier, revenue was also higher.
What to watch
The sequential revenue growth rate was lower than the year-over-year growth rate, suggesting a potential moderation in momentum.