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Side-by-side financial comparison of Accenture (ACN) and AT&T (T). Click either name above to swap in a different company.
AT&T is the larger business by last-quarter revenue ($31.5B vs $18.0B, roughly 1.7× Accenture). AT&T runs the higher net margin — 13.3% vs 10.1%, a 3.2% gap on every dollar of revenue. On growth, Accenture posted the faster year-over-year revenue change (8.3% vs 2.9%). Accenture produced more free cash flow last quarter ($3.7B vs $2.5B). Over the past eight quarters, Accenture's revenue compounded faster (4.7% CAGR vs 2.8%).
Accenture plc is a Irish technology consulting company headquartered in Dublin, Ireland. Founded in 1989, Accenture provides information technology and management consulting services across 120 countries globally.
AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications conglomerate headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world’s third-largest telecommunications company by revenue, the third largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's biggest fiber internet provider.
ACN vs T — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $18.0B | $31.5B |
| Net Profit | $1.8B | $4.2B |
| Gross Margin | 30.3% | — |
| Operating Margin | 13.8% | 21.1% |
| Net Margin | 10.1% | 13.3% |
| Revenue YoY | 8.3% | 2.9% |
| Net Profit YoY | 2.1% | -10.9% |
| EPS (diluted) | $2.93 | $0.54 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $18.0B | $31.5B | ||
| Q4 25 | $18.7B | $33.5B | ||
| Q3 25 | $17.6B | $30.7B | ||
| Q2 25 | $17.7B | $30.8B | ||
| Q1 25 | $16.7B | $30.6B | ||
| Q4 24 | $17.7B | $32.3B | ||
| Q3 24 | $16.4B | $30.2B | ||
| Q2 24 | $16.5B | $29.8B |
| Q1 26 | $1.8B | $4.2B | ||
| Q4 25 | $2.2B | $3.8B | ||
| Q3 25 | $1.4B | $9.3B | ||
| Q2 25 | $2.2B | $4.5B | ||
| Q1 25 | $1.8B | $4.4B | ||
| Q4 24 | $2.3B | $4.1B | ||
| Q3 24 | $1.7B | $-174.0M | ||
| Q2 24 | $1.9B | $3.6B |
| Q1 26 | 30.3% | — | ||
| Q4 25 | 33.1% | — | ||
| Q3 25 | 31.9% | — | ||
| Q2 25 | 32.9% | — | ||
| Q1 25 | 29.9% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | 32.5% | — | ||
| Q2 24 | 33.4% | — |
| Q1 26 | 13.8% | 21.1% | ||
| Q4 25 | 15.3% | 17.3% | ||
| Q3 25 | 11.6% | 19.9% | ||
| Q2 25 | 16.8% | 21.1% | ||
| Q1 25 | 13.5% | 18.8% | ||
| Q4 24 | 16.7% | 16.5% | ||
| Q3 24 | 14.3% | 7.0% | ||
| Q2 24 | 16.0% | 19.3% |
| Q1 26 | 10.1% | 13.3% | ||
| Q4 25 | 11.8% | 11.3% | ||
| Q3 25 | 8.0% | 30.3% | ||
| Q2 25 | 12.4% | 14.6% | ||
| Q1 25 | 10.7% | 14.2% | ||
| Q4 24 | 12.9% | 12.6% | ||
| Q3 24 | 10.3% | -0.6% | ||
| Q2 24 | 11.7% | 12.1% |
| Q1 26 | $2.93 | $0.54 | ||
| Q4 25 | $3.54 | $0.52 | ||
| Q3 25 | $2.25 | $1.29 | ||
| Q2 25 | $3.49 | $0.62 | ||
| Q1 25 | $2.82 | $0.61 | ||
| Q4 24 | $3.59 | $0.56 | ||
| Q3 24 | $2.67 | $-0.03 | ||
| Q2 24 | $3.04 | $0.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.4B | $12.0B |
| Total DebtLower is stronger | $5.0B | $131.6B |
| Stockholders' EquityBook value | $31.2B | $125.6B |
| Total Assets | $67.1B | $421.2B |
| Debt / EquityLower = less leverage | 0.16× | 1.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $9.4B | $12.0B | ||
| Q4 25 | $9.7B | $18.2B | ||
| Q3 25 | $11.5B | $20.3B | ||
| Q2 25 | $9.6B | $10.5B | ||
| Q1 25 | $8.5B | $6.9B | ||
| Q4 24 | $8.3B | $3.3B | ||
| Q3 24 | $5.0B | $2.6B | ||
| Q2 24 | $5.5B | $3.1B |
| Q1 26 | $5.0B | $131.6B | ||
| Q4 25 | $5.0B | $127.1B | ||
| Q3 25 | $5.0B | $128.1B | ||
| Q2 25 | $5.0B | $123.1B | ||
| Q1 25 | $5.0B | $117.3B | ||
| Q4 24 | $5.0B | $118.4B | ||
| Q3 24 | $78.6M | $126.4B | ||
| Q2 24 | $68.9M | $125.4B |
| Q1 26 | $31.2B | $125.6B | ||
| Q4 25 | $30.9B | $126.5B | ||
| Q3 25 | $31.2B | $126.8B | ||
| Q2 25 | $30.6B | $121.4B | ||
| Q1 25 | $29.2B | $119.9B | ||
| Q4 24 | $29.2B | $118.2B | ||
| Q3 24 | $28.3B | $116.3B | ||
| Q2 24 | $27.7B | $119.3B |
| Q1 26 | $67.1B | $421.2B | ||
| Q4 25 | $64.7B | $420.2B | ||
| Q3 25 | $65.4B | $423.2B | ||
| Q2 25 | $63.4B | $405.5B | ||
| Q1 25 | $59.9B | $397.5B | ||
| Q4 24 | $59.9B | $394.8B | ||
| Q3 24 | $55.9B | $393.7B | ||
| Q2 24 | $54.1B | $398.0B |
| Q1 26 | 0.16× | 1.05× | ||
| Q4 25 | 0.16× | 1.00× | ||
| Q3 25 | 0.16× | 1.01× | ||
| Q2 25 | 0.16× | 1.01× | ||
| Q1 25 | 0.17× | 0.98× | ||
| Q4 24 | 0.17× | 1.00× | ||
| Q3 24 | 0.00× | 1.09× | ||
| Q2 24 | 0.00× | 1.05× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.8B | $7.6B |
| Free Cash FlowOCF − Capex | $3.7B | $2.5B |
| FCF MarginFCF / Revenue | 20.3% | 8.0% |
| Capex IntensityCapex / Revenue | 0.8% | 15.5% |
| Cash ConversionOCF / Net Profit | 2.09× | 1.82× |
| TTM Free Cash FlowTrailing 4 quarters | $12.5B | $17.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.8B | $7.6B | ||
| Q4 25 | $1.7B | $11.3B | ||
| Q3 25 | $3.9B | $10.2B | ||
| Q2 25 | $3.7B | $9.8B | ||
| Q1 25 | $2.9B | $9.0B | ||
| Q4 24 | $1.0B | $11.9B | ||
| Q3 24 | $3.4B | $10.2B | ||
| Q2 24 | $3.1B | $9.1B |
| Q1 26 | $3.7B | $2.5B | ||
| Q4 25 | $1.5B | $4.5B | ||
| Q3 25 | $3.8B | $5.3B | ||
| Q2 25 | $3.5B | $4.9B | ||
| Q1 25 | $2.7B | $4.8B | ||
| Q4 24 | $870.3M | $5.1B | ||
| Q3 24 | $3.2B | $4.9B | ||
| Q2 24 | $3.0B | $4.7B |
| Q1 26 | 20.3% | 8.0% | ||
| Q4 25 | 8.0% | 13.6% | ||
| Q3 25 | 21.6% | 17.1% | ||
| Q2 25 | 19.8% | 15.8% | ||
| Q1 25 | 16.1% | 15.6% | ||
| Q4 24 | 4.9% | 15.6% | ||
| Q3 24 | 19.4% | 16.3% | ||
| Q2 24 | 18.3% | 15.9% |
| Q1 26 | 0.8% | 15.5% | ||
| Q4 25 | 0.8% | 20.3% | ||
| Q3 25 | 0.6% | 15.9% | ||
| Q2 25 | 1.0% | 15.9% | ||
| Q1 25 | 1.0% | 14.0% | ||
| Q4 24 | 0.9% | 21.2% | ||
| Q3 24 | 1.3% | 17.5% | ||
| Q2 24 | 0.8% | 14.6% |
| Q1 26 | 2.09× | 1.82× | ||
| Q4 25 | 0.75× | 2.99× | ||
| Q3 25 | 2.77× | 1.09× | ||
| Q2 25 | 1.68× | 2.17× | ||
| Q1 25 | 1.60× | 2.08× | ||
| Q4 24 | 0.45× | 2.92× | ||
| Q3 24 | 2.01× | — | ||
| Q2 24 | 1.63× | 2.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACN
| Products | $5.5B | 30% |
| Health And Public Service | $3.7B | 20% |
| Financial Services Sector | $3.4B | 19% |
| Communications Media And Technology | $3.1B | 17% |
| Resources | $2.4B | 13% |
T
| Service | $25.5B | 81% |
| Equipment | $6.0B | 19% |
