Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Income Statement
Quarterly Data

Accenture PLC, consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018
Revenues 16,405,819 16,466,828 15,799,514 16,224,303 15,985,200 16,564,585 15,814,158 15,747,802 15,423,656 16,158,803 15,046,693 14,965,153 13,419,284 13,263,795 12,088,125 11,762,185 10,835,271 10,991,305 11,141,505 11,358,958 11,055,650 11,099,688 10,454,129 10,605,546
Cost of services (11,068,363) (10,968,377) (10,921,045) (10,776,362) (10,803,571) (11,035,515) (10,979,392) (10,561,660) (10,477,599) (10,844,069) (10,522,734) (10,048,364) (8,953,068) (8,859,411) (8,492,893) (7,863,889) (7,394,731) (7,462,617) (7,782,334) (7,711,199) (7,621,034) (7,571,390) (7,399,780) (7,308,121)
Gross profit 5,337,456 5,498,451 4,878,469 5,447,941 5,181,629 5,529,070 4,834,766 5,186,142 4,946,057 5,314,734 4,523,959 4,916,789 4,466,216 4,404,384 3,595,232 3,898,296 3,440,540 3,528,688 3,359,171 3,647,759 3,434,616 3,528,298 3,054,349 3,297,425
Sales and marketing (1,755,272) (1,750,366) (1,631,185) (1,709,891) (1,730,422) (1,738,621) (1,563,567) (1,550,019) (1,578,243) (1,660,919) (1,414,814) (1,454,425) (1,514,969) (1,406,606) (1,139,486) (1,227,176) (1,153,949) (1,118,204) (1,162,653) (1,191,123) (1,173,240) (1,184,164) (1,020,036) (1,070,016)
General and administrative costs (1,122,569) (1,039,800) (1,085,448) (1,033,499) (1,066,404) (1,084,288) (1,082,228) (1,043,023) (1,099,625) (1,050,697) (1,047,565) (1,028,070) (992,558) (879,122) (802,231) (780,451) (741,888) (697,751) (707,573) (689,373) (689,883) (626,191) (647,687) (598,397)
Business optimization costs (105,947) (77,420) (115,409) (139,664) (471,883) (346,873) (244,390)
Operating income 2,353,668 2,630,865 2,046,427 2,564,887 1,912,920 2,359,288 1,944,581 2,593,100 2,268,189 2,603,118 2,061,580 2,434,294 1,958,689 2,118,656 1,653,515 1,890,669 1,544,703 1,712,733 1,488,945 1,767,263 1,571,493 1,717,943 1,386,626 1,629,012
Interest income 51,317 53,690 65,269 101,980 103,627 81,818 50,259 44,705 23,087 8,727 7,269 6,050 9,722 4,551 8,407 10,685 7,855 12,671 21,386 27,419 27,394 21,402 19,081 19,631
Interest expense (22,835) (11,334) (10,305) (14,495) (17,403) (11,208) (11,634) (7,280) (12,871) (12,050) (11,216) (11,183) (12,977) (28,739) (8,922) (8,854) (14,069) (4,961) (8,567) (5,474) (7,491) (5,348) (5,619) (4,505)
Other income (expense), net (49,589) (18,851) (5,652) (35,719) (40,017) 201,783 (36,300) (28,907) (33,444) (8,877) (7,183) (23,029) (37,629) (467) 109,443 94,367 244,866 (39,670) 7,792 11,439 (30,644) (29,690) (23,834) (33,654)
Loss on disposition of Russia business (96,294)
Income before income taxes 2,332,561 2,654,370 2,095,739 2,616,653 1,959,127 2,631,681 1,946,906 2,601,618 2,244,961 2,494,624 2,050,450 2,406,132 1,917,805 2,094,001 1,762,443 1,986,867 1,783,355 1,680,773 1,509,556 1,800,647 1,560,752 1,704,307 1,376,254 1,610,484
Income tax expense (613,895) (673,022) (386,537) (606,672) (550,915) (583,346) (396,223) (605,318) (552,576) (675,308) (392,921) (586,402) (480,382) (524,429) (300,950) (464,810) (477,931) (428,134) (257,474) (425,479) (415,204) (435,658) (235,534) (319,160)
Net income 1,718,666 1,981,348 1,709,202 2,009,981 1,408,212 2,048,335 1,550,683 1,996,300 1,692,385 1,819,316 1,657,529 1,819,730 1,437,423 1,569,572 1,461,493 1,522,057 1,305,424 1,252,639 1,252,082 1,375,168 1,145,548 1,268,649 1,140,720 1,291,324
Net income attributable to noncontrolling interests (34,365) (49,165) (34,343) (36,537) (35,249) (38,339) (27,035) (31,350) (27,257) (33,241) (22,587) (28,706) (21,175) (20,146) (20,634) (21,781) (17,495) (24,437) (17,342) (18,200) (15,121) (19,133) (16,271) (16,604)
Net income attributable to Accenture plc 1,684,301 1,932,183 1,674,859 1,973,444 1,372,963 2,009,996 1,523,648 1,964,950 1,665,128 1,786,075 1,634,942 1,791,024 1,416,248 1,549,426 1,440,859 1,500,276 1,287,929 1,228,202 1,234,740 1,356,968 1,130,427 1,249,516 1,124,449 1,274,720

Based on: 10-K (reporting date: 2024-08-31), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-K (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-K (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-K (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Accenture PLC revenues increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
Operating income The net result for the period of deducting operating expenses from operating revenues. Accenture PLC operating income increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Accenture PLC income before income taxes increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024 not reaching Q2 2024 level.
Net income attributable to Accenture plc The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Accenture PLC net income attributable to Accenture plc increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024 not reaching Q2 2024 level.