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Accenture revenues jump 22% to $61.6 bn for fiscal year

Accenture said revenues increased 15 percent to $15.4 billion for the fourth quarter ended Aug. 31, 2022.
Accenture financials FY2022
Accenture said revenues increased 22 percent to $61.6 billion for the full fiscal year.

Accenture said new bookings were a record $71.7 billion.

“Our performance in fiscal 2022 is a testament to our ability to create enduring 360° Value for all our stakeholders: clients, people, shareholders, partners and communities,” Julie Sweet, chair and CEO, Accenture, said.

Q4

Revenues for the fourth quarter of fiscal 2022 were $15.4 billion, compared with $13.4 billion for the fourth quarter of fiscal 2021.

Consulting revenues were $8.33 billion, an increase of 14 percent. Outsourcing revenues were $7.09 billion, an increase of 16 percent.

New bookings for the fourth quarter were $18.4 billion, an increase of 22 percent. Consulting bookings were $8.4 billion, or 46 percent of total new bookings. Outsourcing bookings were $9.9 billion, or 54 percent of total new bookings.

Accenture generated revenue of $7.52 billion (+18 percent) in North America, $4.8 billion (+12 percent) in Europe, $3.1 billion (+13 percent) in Growth Markets.

Accenture generated revenue of $3.08 billion (+16 percent) from Communications, Media & Technology, $2.94 billion (+13 percent) from Financial Services, $2.89 billion (+15 percent) from Health & Public Service, $4.48 billion (+16 percent) from Products, $2.03 billion (+13 percent) from Resources in fiscal Q4.

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.

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