Accenture’s revenues grow 8% in 3Q FY25 amid AI pivot

DUBLIN, IRELAND — Outsourcing giant Accenture recorded an 8% revenue increase to $17.7 billion for the third quarter of fiscal year 2025 ended May 31, 2025, on the back of $1.5 billion in new bookings in its Generative Artificial Intelligence (GenAI) offerings.

Workforce transformation underway

Accenture’s positive earnings figures come as the company reduced its headcount by 10,337 in the quarter, bringing its total staff to approximately 790,000, as reported by The Times of India.

The outsourcing firm will continue to pivot towards its GenAI services, aiming to grow its specialist workforce to 75,000 this year, with plans to reach 80,000 by FY2026.

This strategic shift comes as traditional service lines show signs of strain, with overall bookings down 6% year-over-year to $19.7 billion. Its consulting offerings generated $9.07 billion, while its managed services recorded $8.72 billion in revenue.

Its $19.7 billion in bookings fell short of the analyst consensus of $21.5 billion. This prompted the outsourcing company’s S&P 500 stock to fall by 7% shortly after markets opened.

Meanwhile, Chief Executive Officer (CEO) Julie Sweet emphasized Accenture’s role as a reinvention partner, noting 30 major clients each committed over $100 million this quarter to transformation projects.

“We remain focused on being our clients’ reinvention partner of choice, as evidenced by $19.7 billion in bookings, including 30 clients with quarterly bookings exceeding $100 million,” Sweet noted.

Geographically, Accenture raked in $8.97 billion from its clients from the Americas, $6.23 billion from the EMEA region, and $2.5 billion in Asia.

Heading into an AI-driven future

With GenAI adoption accelerating across industries, Accenture’s early bets appear poised to pay off. The company projects continued growth next quarter, suggesting its painful workforce adjustments may be laying the foundation for a more AI-centric future.

As Sweet stated, “We are a leader in GenAI,” This quarter’s results offer the first clear picture of what that restructuring looks like in practice.