Accenture (ACN) Revenue — Quarter Ended Feb 29, 2024
Revenue declined compared with the immediately preceding quarter. Revenue decreased slightly versus the same quarter one year earlier.
Key takeaway
Quarter ended Feb 29, 2024 · FY2024 Q2
Revenue declined compared with the immediately preceding quarter. Revenue decreased slightly versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$15.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.6%
Change from the immediately preceding quarter.
Year-over-year
-0.1%
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 |
|---|---|---|
| May 31, 2023 | $16.6B | +2.5% |
| Aug 31, 2023 | $16B | +3.6% |
| Nov 30, 2023 | $16.2B | +3.0% |
| Feb 29, 2024 | $15.8B | -0.1% |
Revenue performance
The reported revenue for this quarter reflects a downwards direction relative to the prior quarter. On a year-over-year basis, the change was slightly negative.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell. Compared with the same quarter one year earlier, revenue was nearly flat with a minor decrease.
What to watch
Monitoring the trajectory of sequential revenue changes may provide insight into near-term demand trends.