Common-Size Income Statement
Quarterly Data
Accenture PLC, common-size consolidated income statement (quarterly data)
Based on: 10-Q (reporting date: 2026-05-31), 10-Q (reporting date: 2026-02-28), 10-Q (reporting date: 2025-11-30), 10-K (reporting date: 2025-08-31), 10-Q (reporting date: 2025-05-31), 10-Q (reporting date: 2025-02-28), 10-Q (reporting date: 2024-11-30), 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).
The common-size income statement reveals a consistent operational structure characterized by stable gross margins and predictable selling, general, and administrative expenses, punctuated by periodic business optimization costs and cyclical fluctuations in net profitability.
- Gross Profitability Trends
- Gross profit margins exhibit a cyclical pattern, typically oscillating between 29.7% and 33.6% of revenues. The cost of services remains the primary driver of this volatility, consistently ranging between 66% and 70%. A recurring trend is observed where margins peak in the May and November quarters and tend to contract in the February and August quarters.
- Operating Expense Analysis
- Sales and marketing expenses remain tightly controlled, generally fluctuating between 9.4% and 11.3% of total revenues. General and administrative costs show similar stability, typically residing between 6.0% and 7.4%. Together, these overhead costs represent a consistent drag on margins, with minimal long-term variance over the analyzed period.
- Operating Income and Optimization Impacts
- Operating margins generally range from 11.6% to 16.9%. A significant variable introduced in the later period is the emergence of business optimization costs, which intermittently reduce operating income. Notable impacts occurred in August 2023 and August 2025, where these costs reached 2.95% and 3.50% of revenues, respectively, contributing to localized dips in operating efficiency.
- Non-Operating Items and Taxation
- Interest income has shown a general upward trend, rising from approximately 0.2% in 2019 to peaks above 0.6% in later periods, though this is partially offset by a concurrent increase in interest expenses, which rose from 0.05% to nearly 0.4% of revenues. Income tax expenses remain variable, typically ranging from 2.3% to 4.1% of revenues.
- Net Income Performance
- Net income attributable to the company consistently remains positive, generally fluctuating between 8.0% and 12.9% of revenues. The lowest point of profitability occurred in August 2025 at 8.04%, coinciding with peak business optimization costs, while the highest levels of net profitability were observed during periods of optimized cost of services and minimal one-time charges.
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