Accenture Beats Q1 Revenue, Ends Standalone AI Reporting Amid Integration

• Accenture exceeded Wall Street's Q1 revenue forecasts with $18.74 billion, driven by strong demand for AI solutions.
• The company will discontinue reporting standalone advanced AI bookings and revenue, as AI is now deeply embedded across client work.
• New bookings for the quarter increased 12% to $20.9 billion, including $2.2 billion in advanced AI new bookings.
• CEO Julie Sweet highlighted strong bookings and market share gains, attributing success to being a 'reinvention partner'.
• Accenture maintained its full-year fiscal 2026 revenue outlook and adjusted operating margin expectations.

Why It Matters: Accenture's strong Q1, fueled by AI, leads to a strategic shift in AI revenue reporting due to integration.