Accenture (ACN) 10-K risk factor changes: FY2025 vs FY2024

Changing demand patterns from [added: increased] economic and political volatility and uncertainty, including as a result of increasing geopolitical tensions, inflation, economic downturns, changes in global trade policies, [added: including the threat or imposition of tariffs or other trade restrictions and related retaliatory actions, protectionism, nationalism,] global health emergencies and their impact on us, our clients and the industries we serve, have in the past had a negative impact and could in the future have a significant negative impact on our results of operations.

Our business depends on generating and maintaining client demand for our [removed: services] [added: solutions] and [removed: solutions,] [added: services,] including through the adaptation and expansion of our [removed: services and] solutions [added: and services] in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect our results of operations.

Our financial results depend in part on the demand for our [removed: services] [added: solutions] and [removed: solutions,] [added: services,] which could be negatively affected by numerous factors, many of which are beyond our control and unrelated to our work product.

As described above, volatile, negative or uncertain global economic and political conditions and lower growth or contraction in the markets we serve have adversely affected and could in the future adversely affect client demand for our [removed: services] [added: solutions] and [removed: solutions.][added: services.]

Our success depends, in part, on our ability to continue to develop and implement [removed: services and] solutions [added: and services] that anticipate and respond to rapid and continuing changes in technology and offerings to serve the evolving needs of our clients.

Examples of areas of significant change include [added: advanced AI, which includes generative, agentic and physical AI,] digital-, cloud- and security-related offerings, which are continually evolving, as well as developments in areas such as [removed: AI, including generative AI,] [added: software,] augmented and virtual reality, automation, blockchain, Internet of Things, quantum and edge computing, infrastructure and network engineering, intelligent connected products, digital [added: engineering and manufacturing, and robotics solutions.]

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| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1A. Risk Factors | | | [removed: 19] [added: 12] | | |

As we [added: continue to] expand our [removed: services and] solutions [added: and services] into these new areas, we [removed: may be] [added: are] exposed to operational, legal, regulatory, ethical, technological and other risks specific to such new areas, which may negatively affect our reputation and demand for our [removed: services] [added: solutions] and [removed: solutions.][added: services.]

Technological developments may materially affect the cost and use of technology by our clients and, in the case of cloud, [removed: data and] AI [added: and data] solutions, could affect the nature of how we generate revenue.

Some of these technological developments have reduced and replaced, in whole or in part, some of our historical [removed: services and] solutions and [added: services and] will continue to do so in the future.

Developments in the industries we serve, which may be rapid, also could shift demand to new [removed: services] [added: solutions] and [removed: solutions.][added: services.]

If, as a result of new technologies or changes in the industries we serve, our clients demand new [removed: services] [added: solutions] and [removed: solutions,] [added: services,] we may be less competitive in these new areas or need to make significant investment to meet that demand.

Our growth strategy focuses on responding to these types of developments by driving innovation and making strategic investments in acquisitions, joint [removed: ventures] [added: ventures, partnerships] and adjacencies to our current offerings that will enable us to expand our business into new growth areas.

If we do not sufficiently invest in new technology and adapt to industry developments, or evolve and expand our business at sufficient speed and scale, or if we do not make the right strategic investments to respond to these developments and successfully drive innovation, our [removed: services] [added: solutions] and [removed: solutions,] [added: services,] our results of operations, and our ability to develop and maintain a competitive advantage and to execute on our growth strategy could be adversely affected.

In a particular geographic market, service or industry group, a small number of clients have contributed, or may, in the future contribute, a significant portion of the revenues of such geographic market, service or industry group, and any decision by such a client to delay, reduce, or eliminate spending on our [removed: services and] solutions [added: and services] have had and could in the future have a disproportionate impact on the results of operations in the relevant geographic market, service or industry group.

Many of our contracts allow clients to terminate, delay, reduce or eliminate spending on the [removed: services and] solutions [added: and services] we provide.

Risks and uncertainties related to the development and use of [removed: AI] [added: AI, including advanced AI,] could harm our business, damage our reputation or give rise to legal or regulatory action.

We are increasingly applying AI-based [removed: technologies, including generative AI,] [added: technologies] to our [removed: services] [added: solutions] and [removed: solutions,] [added: services,] to how we deliver work to our clients, and to our own internal operations.

We have made significant investments in AI and are continuing to incur significant development and operational costs to develop and deploy our AI [removed: services and] solutions [added: and services] for ourselves and for our clients.

If we fail to continue to develop leading AI [added: solutions and] services [added: that meet our clients’] and [removed: solutions, including generative AI,] [added: our own internal needs,] we may lose our leadership position in this area and fail to realize the anticipated benefits of our investments in [added: advanced] AI.

AI technologies are complex and rapidly evolving, and we face significant competition, including from our [removed: own clients,] [added: clients and ecosystem partners,] who may develop their own internal AI-related capabilities, [added: as well as new AI-native companies,] which can lead to reduced demand for our [removed: services] [added: solutions] or [removed: solutions.][added: services.]

As these technologies evolve, some services and tasks currently performed by our people [added: have been and] will [added: continue to] be replaced by automation, including AI-enabled solutions, which will lead to reduced demand for our services and/or adversely affect the utilization rate of our professionals, if demand for those services is not replaced by demand for new [removed: services.][added: solutions and services or if the pace and level of spending on new solutions or services are not sufficient to make up any shortfall.]

Leveraging AI capabilities for our internal functions and operations presents additional risks, [removed: costs,] [added: costs] and challenges, including those discussed in these risk factors.

The development, [removed: adoption,] [added: adoption] and use of AI technologies is still in the early stages and involve significant risks and uncertainties, which may expose us to legal, reputational and financial harm.

AI algorithms and training methodologies may be flawed and datasets may be overbroad, [removed: insufficient,] [added: insufficient] or contain biased [added: or inaccurate] information.

Moreover, the use of AI may give rise to risks related to harmful content, accuracy, bias, intellectual property infringement or misappropriation, defamation, data privacy, cybersecurity and health and safety, among others, and also bring the possibility of new or enhanced governmental [added: or regulatory scrutiny, litigation or other legal liability, or ethical concerns that could adversely affect our business, reputation or financial results.]

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1A. Risk Factors | | | [removed: 20] [added: 13] | | |

Evolving rules, [removed: regulations,] [added: regulations] and industry standards governing AI may require us to incur significant costs to modify, maintain, or align our business practices, [removed: services and] solutions [added: and services] to comply with [removed: US] [added: U.S.] and [removed: non-US] [added: non-U.S.] rules and regulations, the nature of which cannot be determined at this time and may be inconsistent from jurisdiction to jurisdiction.

Several jurisdictions where we operate are considering or have proposed or enacted legislation and policies regulating AI and non-personal data, such as the European Union’s AI [removed: Act and the U.S.’s Executive Order on AI.][added: Act.]

Any failure to address concerns relating to the responsible use of AI technology in our [removed: services and] solutions [added: and services] may cause harm to our reputation or financial liability and, as such, may increase our costs to address or mitigate such risks and issues.

We must hire or [removed: reskill,] [added: upskill,] retain and inspire appropriate numbers of talented people [removed: with diverse skills, backgrounds, perspectives, and lived experiences] in order to serve clients across the globe, respond quickly to rapid and ongoing changes in demand, technology, industry and the macroeconomic environment, and continuously innovate to grow our business.

For example, if we are unable to hire or [removed: retrain] [added: upskill] our employees to keep pace with the rapid and continuous changes in technology and the industries we serve, we may not be able to innovate and deliver new [removed: services and] solutions [added: and services] to fulfill client demand.

In these situations, we have engaged, and may in the future engage, in actions to rebalance our workforce, including reducing the rate of new hires and increasing involuntary terminations as a means to keep our supply of people and skills in balance with client [removed: demand.][added: demand, such as the three-pronged talent strategy initiated in the fourth quarter of fiscal 2025.]

In these cases, we might need to [added: upskill and] redeploy existing people or increase our reliance on subcontractors to fill certain labor needs.

[removed: In addition, if we do not obtain] the shareholder approval needed to continue granting equity awards under our share plans in the amounts we believe are necessary, our ability to attract and retain people could be negatively affected.

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1A. Risk Factors | | | [removed: 21] [added: 14] | | |

Threat actors [removed: may leverage emerging] [added: are leveraging] AI technologies to develop new hacking tools and attack vectors, exploit vulnerabilities, obscure their activities, and increase the difficulty of threat attribution.

In providing [removed: services and] solutions [added: and services] to clients, we often manage, utilize and store sensitive or confidential client, Accenture or other third-party data, including customer and other personal data and proprietary information, and we expect these activities to [removed: increase, including through the use of AI, the Internet of Things and analytics.][added: increase.]

Similarly, unauthorized access to or through, denial of access to, downtime or other incidents involving, our software and IT supply chain or software-as-a-service providers, our or our service providers’ information systems or those we develop for our clients, whether by our employees or third parties, including a cyberattack by computer programmers, hackers, members of organized crime and/or state-sponsored organizations, who continuously develop and deploy [added: social engineering methods, phishing frameworks and] viruses, ransomware, malware or other malicious software [removed: programs or social engineering attacks,] [added: programs,] has and could in the future result in negative publicity, significant remediation costs, legal liability, damage to our reputation and government sanctions and could have a material adverse effect on our results of [removed: operations — see] [added: operations—see] risk factor below entitled “Our business could be materially adversely affected if we incur legal liability.” Cybersecurity threats are constantly expanding and evolving, becoming increasingly sophisticated and complex, [removed: increasing the difficulty] [added: including as a result] of [removed: detecting and defending against them] [added: evolving AI technologies] and [removed: maintaining effective security measures] [added: threat actors’ increasingly mature infrastructure] and [removed: protocols.][added: systems capable of broadly deploying zero-day attacks.]

The disclosures in this section reflect our beliefs and opinions as to factors that could materially and adversely affect us in the future.

References to past events are provided by way of example only and are not intended to be a complete listing or a representation as to whether or not such factors have occurred in the past.

If we are unable to introduce or if our clients do not accept new pricing or commercial models that reflect the value of these AI-enabled solutions, our results of operations may be adversely affected.

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There is increasing divergence globally among AI regulations, which will require us to navigate different obligations in different geographies.

Violations of these laws may lead to reputational damage, financial penalties and increased regulatory scrutiny and oversight.

The timing and amount of costs related to these business optimization actions and the nature and extent of benefits realized from such actions are subject to uncertainties and other factors, including local country consultation processes and regulations, and may differ from our current expectations and estimates.

Although only a very small percentage of our people in the U.S. are on H-1B visas, changes in immigration laws or policies, or the application of those laws and policies, could limit the availability of H-1B or other visas in the U.S.

In addition, if we do not obtain

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These developments are increasing the difficulty of detecting and defending against cybersecurity attacks and maintaining effective security measures and protocols.

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See “Business—Ecosystem Partner Relationships.”

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The less we are able to differentiate our solutions and services and/or clearly

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liabilities.

On June 28, 2025, the G7 released a statement on global minimum taxes that outlined, among other items, that work will be done to simplify the overall Pillar Two administration and compliance framework.

Ongoing volatility in global trade relations may prompt governments to implement new tax, tariff and compliance measures, which could extend to services.

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Sovereignty initiatives or other nationalist trends in our markets may result in local sourcing initiatives, conflicting local or regional requirements, or other developments that may make it more difficult or costly to operate in or negatively impact demand for our solutions and services in those markets.

It might also become more difficult to maintain our

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Similarly, we periodically are and in the future could become the target of litigation, investigations, or other proceedings initiated by government authorities or private actors alleging that our activities or positions related to ESG (including inclusion and diversity) are anti-competitive, discriminatory or otherwise unlawful.

Even if we believe a claim is covered

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- On January 21, 2025, an executive order was issued requiring U.S. federal contractors to certify that they do not operate any programs promoting diversity, equity and inclusion that violate any applicable federal anti-discrimination laws.

Additionally, various U.S federal and state government agencies and departments may initiate legal proceedings asserting our actions or programs violate the U.S False Claims Act, civil rights laws or other similar federal or state orders, laws or regulations.

A violation of these or similar federal or state orders, laws or regulations, may expose us to penalties and sanctions discussed above and jeopardize our ability to continue to do work with the U.S. federal government and certain state governments, which may materially adversely affect our future results of operations.

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- In 2025, the U.S. administration began efforts to reduce federal spending and the size of the federal workforce under the guidance of the Department of Government Efficiency.

In addition, the General Services Administration (GSA)–the U.S. federal procurement agency–has instructed all federal agencies to review their contracts with consulting firms and technology product resellers contracting with the U.S. federal government, including AFS.

These and similar spending reductions and contract reviews have resulted in and are likely to continue to result in contract terminations, delays and cancellations of new procurements, and reductions in price and contract scope at AFS as well as at other state and local governments, all of which have had an adverse effect on AFS’s results, and could in the future have a material impact on our results of operations or financial condition.

It is also possible that compliance with sanctions imposed by one country could lead to reputational harm or other negative impacts to our business in another country or countries.

Due to the varying degrees of

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claim that we or our clients are infringing upon their intellectual property rights.

For example, some of these conditions slowed the pace and level of client spending, particularly for smaller contracts with a shorter duration and for our consulting services during fiscal 2024.

Clients continue to prioritize large-scale transformations, which convert to revenue over a longer period.

engineering and manufacturing, and robotics solutions.

or regulatory scrutiny, litigation or other legal liability, or ethical concerns that could adversely affect our business, reputation, or financial results.

To date these incidents have not had a material impact on our or our clients’ operations; however, there is no assurance that such impacts will not be material in the future, and such incidents have in the past and may in the future have the impacts discussed below.

See “Business—Services.”

materially as a result of shifting economic, social and political conditions.

Although we report our results of operations in U.S. dollars, a majority of our revenues is denominated in currencies other than the U.S. dollar.

Because our consolidated financial statements are presented in U.S. dollars, we must translate revenues, expenses and income, as well as assets and liabilities, into U.S. dollars at exchange rates in effect during or at the end of each reporting period.

Therefore, changes in the value of the U.S. dollar against other currencies will affect our revenues, operating income and the value of balance-sheet items, including intercompany payables and receivables, originally denominated in other currencies.

These changes cause our growth stated in U.S. dollars to be higher or lower than our growth in local currency when compared against other periods.

In addition, our currency hedging activities are themselves subject to risk.

indebtedness, thereby reducing the amount of cash flow available for other purposes.

Changes to accounting standards or in the estimates and assumptions we make in connection with the preparation of our consolidated financial statements could adversely affect our financial results.

Our financial statements have been prepared in accordance with U.S. generally accepted accounting principles.

It is possible that changes in accounting standards could have a material adverse effect on our results of operations and financial position.

The application of generally accepted accounting principles requires us to make estimates and assumptions about certain items and future events that affect our reported financial condition and results of operations, and our accompanying disclosure with respect to, among other things, revenue recognition and income taxes.

Our most critical accounting estimates are described in Management’s Discussion and Analysis of Financial Condition and Results of Operations under “Critical Accounting Policies and Estimates.” We base our estimates on historical experience, contractual commitments and various other assumptions that we believe to be reasonable under the circumstances and at the time they are made.

These estimates and assumptions involve the use of judgment and are subject to significant uncertainties, some of which are beyond our control.

If our estimates, or the assumptions underlying such estimates, are not correct, actual results may differ materially from our estimates, and we may need to, among other things, adjust revenues or accrue additional costs that could adversely affect our results of operations.

events occur where large numbers of our people are located, or simultaneously affect our people in multiple locations around the world.

unexpected increases in taxes or other adverse effects on our relationships with clients and our business.

Examples of such risks include: (1) the availability and cost of low- or non-carbon-based energy sources and technologies and the ability of our suppliers to harness new technologies to reduce emissions; (2) evolving regulatory requirements affecting ESG standards or disclosures; (3) the availability of suppliers that can meet our sustainability, diversity and other standards; and (4) our ability to recruit, develop, and retain sufficient diverse talent.

In addition, standards for tracking and reporting on ESG

projects for lack of approved funding and/or at their convenience.

reputation and/or require us to incur additional costs to obtain the right to continue to offer a service or solution to our clients.

For example, a reference to “fiscal [removed: 2024”] [added: 2025”] means the 12-month period that ended on August 31, [removed: 2024.][added: 2025.]

We serve clients in three geographic markets: [removed: North America,] [added: the Americas,] EMEA (Europe, Middle East and Africa) and [removed: Growth Markets (Asia Pacific and Latin America).][added: Asia Pacific.]

[removed: In] [added: (1)During] the first quarter of fiscal 2025, our Latin America market unit [removed: will move] [added: moved] from Growth Markets to North America.

With this change, North America [removed: will become] [added: became] the Americas market and Growth Markets [removed: will become] [added: became] the Asia Pacific market.

Our results of operations are affected by economic conditions, including macroeconomic conditions, the overall inflationary [removed: environment] [added: environment, new] and [added: rapidly changing technologies, and] levels of business confidence.

[removed: There continues] [added: We continue] to [removed: be] [added: see] significant economic and geopolitical uncertainty in many markets around the world, which has impacted and may continue to impact our business.

[removed: These conditions have slowed the] [added: While we continue to experience demand for these services, we are seeing a slower] pace and level of client spending, particularly for smaller contracts with a shorter [removed: duration and for our consulting services.][added: duration.]

Key metrics for fiscal [removed: 2024] [added: 2025] compared to fiscal [removed: 2023] [added: 2024] are included below.

We have presented operating income, operating margin, effective tax rate and diluted earnings per share [added: for fiscal 2025 and 2024] on a non-GAAP or “adjusted” basis to exclude the impact of [removed: $438 million and $1,063 million, respectively, in] business optimization [removed: costs recorded during fiscal 2024 and 2023 and, with respect to effective tax rate and diluted earnings per share, the impact of a $253 million investment gain related to our investment in Duck Creek Technologies recorded during fiscal 2023 as discussed further in our Results of Operations.][added: costs.]

For additional information regarding [added: our] business optimization [added: actions and related] costs, see Note 1 (Summary of Significant Accounting Policies) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

- Revenues of [removed: $64.9] [added: $69.7] billion, an increase of [removed: 1%] [added: 7%] in [added: both] U.S. dollars and [removed: 2% in] local currency;

- New bookings of [removed: $81.2] [added: $80.6] billion, [removed: an increase] [added: a decrease] of [removed: 13%] [added: 1%] in [added: both] U.S. dollars and [removed: 14% in] local currency;

- Operating margin of [removed: 14.8%, compared to 13.7%] [added: 14.7%, a decrease from 14.8%] in fiscal [removed: 2023;] [added: 2024;] adjusted operating margin [removed: was 15.5%] [added: of 15.6%, an increase] compared to [removed: 15.4%] [added: 15.5%] in fiscal [removed: 2023;][added: 2024;]

- Diluted earnings per share of [removed: $11.44,] [added: $12.15,] a 6% increase over [removed: $10.77 for] [added: diluted earnings per share of $11.44 in] fiscal [removed: 2023;] [added: 2024;] adjusted earnings per share [removed: increased 2% to] [added: of $12.93, an 8% increase over adjusted earnings per share of] $11.95 [removed: compared to $11.67 for] [added: in] fiscal [removed: 2023;] [added: 2024;] and

- Cash returned to shareholders of [removed: $7.8] [added: $8.3] billion, including [removed: share purchases] [added: dividends] of [removed: $4.5] [added: $3.7] billion and [removed: dividends] [added: share purchases] of [removed: $3.2] [added: $4.6] billion.

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| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | | | [removed: 38] [added: 32] | | |

| (in billions of U.S. dollars) | | | | | | [removed: 2024] [added: 2025] | | | [removed: 2023] [added: 2024] | | | | | | | | | | | | | | | [removed: 2024] [added: 2025] | | | | | | [removed: 2023] [added: 2024] | | | | | | | | |

| EMEA [removed: (2)] | | | [removed: 22.8] [added: 24.6] | | | [removed: 22.3] [added: 22.8] | | | | | | [removed: 2] [added: 8] | | | | | | [removed: —] [added: 6] | | | | | | | | | 35 | | | | | | 35 | | | | | |

| Total Revenues | | | $ | [removed: 64.9] [added: 69.7] | | $ | [removed: 64.1] [added: 64.9] | | | | | [removed: 1] [added: 7] | | % | | | | [removed: 2] [added: 7] | | % | | | | | | | 100 | | % | | | | 100 | | % | | | |

| Industry Groups | | | Communications, Media & Technology | | | $ | [removed: 10.8] [added: 11.5] | | $ | [removed: 11.5] [added: 10.8] | | | | | [removed: (5)] [added: 6] | | % | | | | [removed: (4)] [added: 6] | | % | | | | | | | [removed: 17] [added: 16] | | % | | | | [removed: 18] [added: 17] | | % |

| Financial Services | | | [removed: 11.6] [added: 12.8] | | | [removed: 12.1] [added: 11.6] | | | | | | [removed: (4)] [added: 10] | | | | | | [removed: (3)] [added: 10] | | | | | | | | | 18 | | | | | | [removed: 19] [added: 18] | | | | | |

| Health & Public Service | | | [removed: 13.8] [added: 14.8] | | | [removed: 12.6] [added: 13.8] | | | | | | [removed: 10] [added: 7] | | | | | | [removed: 10] [added: 6] | | | | | | | | | 21 | | | | | | [removed: 20] [added: 21] | | | | | |

| Products | | | [removed: 19.6] [added: 21.2] | | | [removed: 19.1] [added: 19.6] | | | | | | [removed: 2] [added: 8] | | | | | | [removed: 2] [added: 8] | | | | | | | | | 30 | | | | | | 30 | | | | | |

| Resources | | | [removed: 9.1] [added: 9.5] | | | [removed: 8.9] [added: 9.1] | | | | | | [removed: 2] [added: 5] | | | | | | [removed: 4] [added: 5] | | | | | | | | | 14 | | | | | | 14 | | | | | |

| Type of Work | | | Consulting | | | $ | [removed: 33.2] [added: 35.1] | | $ | [removed: 33.6] [added: 33.2] | | | | | [removed: (1)] [added: 6] | | % | | | | [removed: (1)] [added: 5] | | % | | | | | | | [removed: 51] [added: 50] | | % | | | | [removed: 52] [added: 51] | | % |

| Managed Services | | | [removed: 31.7] [added: 34.6] | | | [removed: 30.5] [added: 31.7] | | | | | | [removed: 4] [added: 9] | | | | | | [removed: 5] [added: 9] | | | | | | | | | [removed: 49] [added: 50] | | | | | | [removed: 48] [added: 49] | | | | | |

[removed: (1)In] [added: (1)During] the first quarter of fiscal 2025, our Latin America market unit [removed: will move] [added: moved] from Growth Markets to North America.

Revenues for fiscal [removed: 2024] [added: 2025] increased [removed: 1%] [added: 7%] in [added: both] U.S. dollars and [removed: 2% in] local currency compared to fiscal [removed: 2023.][added: 2024.]

During fiscal [removed: 2024,] [added: 2025,] revenue growth in local currency was [added: very] strong in [removed: Growth Markets and modest] [added: the Americas, strong] in [removed: North America, while] EMEA [removed: was flat.][added: and solid in Asia Pacific.]

We experienced local currency revenue growth that was very strong in [added: Financial Services & Products, strong in] Health & Public [removed: Service, solid in Resources] [added: Service] and [removed: modest in Products, partially offset by a decline in] Communications, Media & Technology and [removed: a modest decline] [added: solid] in [removed: Financial Services.][added: Resources.]

Revenue growth in local currency was [removed: solid] [added: very strong] in managed [removed: services, partially offset by a slight decline] [added: services and solid] in [removed: consulting during fiscal 2024.][added: consulting.]

We define pricing as [added: the] contract profitability or margin on the work that we sell.

In our consulting business, revenues for fiscal [removed: 2024 decreased 1%] [added: 2025 increased 6%] in [removed: both] U.S. dollars and [added: 5% in] local currency compared to fiscal [removed: 2023.][added: 2024.]

[removed: The decline in consulting] [added: Consulting] revenue [added: growth] in local currency [removed: in] [added: for] fiscal [removed: 2024] [added: 2025] was driven by [removed: a decline] [added: strong growth] in [removed: EMEA, partially offset by modest] [added: the Americas, solid] growth in [removed: Growth Markets] [added: EMEA] and [removed: slight] [added: modest] growth in [removed: North America.][added: Asia Pacific.]

[removed: This includes moving] [added: Our consulting revenue continues] to [removed: the] [added: be driven by helping our clients accelerate their reinvention, leveraging] cloud, [removed: embedding security and responsible AI across the] enterprise [added: platforms, security, AI] and [removed: leveraging] [added: data, including advanced AI, as well as] our change capabilities to help [removed: our] clients build new skills and drive the successful adoption of new processes and technologies.

In addition, clients continue to be focused on initiatives designed to deliver cost [removed: savings and] [added: savings,] supply chain and operational resilience, as well as [removed: projects] to accelerate growth and improve customer experiences.

In our managed services business, revenues for fiscal [removed: 2024] [added: 2025] increased [removed: 4%] [added: 9%] in [added: both] U.S. dollars and [removed: 5% in] local currency compared to fiscal [removed: 2023.][added: 2024.]

Managed services revenue growth in local currency [removed: in] [added: for] fiscal [removed: 2024] [added: 2025] was driven by very strong growth in [removed: Growth Markets, solid] [added: the Americas and strong] growth in EMEA and [removed: modest growth in North America.][added: Asia Pacific.]

We continue to experience growing demand to assist clients with [added: reinvented operations,] application [removed: modernization] [added: development] and maintenance, [added: and infrastructure management including] cloud [removed: enablement] and [removed: cybersecurity-as-a-service.][added: security.]

Accenture is a leading solutions and global professional services company that helps enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together our people, proprietary assets and platforms, and deep ecosystem relationships.

Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients.

While the discretionary environment is unchanged, clients continue to prioritize large-scale transformations, which include becoming AI-ready.

In addition, the U.S. administration is reducing federal spending and the size of the federal workforce under the guidance of the Department of Government Efficiency.

We are seeing impacts from these efforts in our federal government business (“Accenture Federal Services, or AFS”), including delays in new procurements, reductions in price and contract scope, and contract terminations.

These changes have had an adverse effect on AFS’s results and could in the future have a material impact on our results of operations or financial condition.

For a discussion of risks related to these and other recent developments, see Item 1A, “Risk Factors.”

During the fourth quarter of fiscal 2025, we initiated business optimization actions and recorded $615 million in related costs, which includes $344 million associated with a refreshed talent strategy, as well as asset impairments of approximately $271 million primarily related to the divestiture of two acquisitions that are no longer aligned with our strategic priorities.

In fiscal 2024, we recorded $438 million in business optimization costs associated with actions initiated in fiscal 2023 and completed in fiscal 2024.

| Geographic Markets | | | Americas (1) | | | $ | 35.1 | | $ | 32.6 | | | | | 8 | | % | | | | 9 | | % | | | | | | | 50 | | % | | | | 50 | | % |

| Asia Pacific (1) | | | 10.0 | | | 9.5 | | | | | | 5 | | | | | | 4 | | | | | | | | | 14 | | | | | | 15 | | | | | |

| Total Revenues | | | $ | 69.7 | | $ | 64.9 | | | | | 7 | | % | | | | 7 | | % | | | | | | | 100 | | % | | | | 100 | | % | | | |

| Total Revenues | | | $ | 69.7 | | $ | 64.9 | | | | | 7 | | % | | | | 7 | | % | | | | | | | 100 | | % | | | | 100 | | % | | | |

While the business environment remained competitive, pricing improved in several areas of our business.

If the

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There was minimal currency translation impact for fiscal 2025 compared to fiscal 2024.

| 92% | | | | | | 779,000+ | | | | | | 14% | | |

Utilization for fiscal 2025 was 92%, consistent with fiscal 2024.

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| Americas (1) | | | $ | 35,057 | | | | | $ | 32,552 | | | | | 8 | | % | | | | 9 | | % |

| Asia Pacific (1) | | | 9,972 | | | | | | 9,526 | | | | | | 5 | | | | | | 4 | | |

| Total Revenues | | | $ | 69,673 | | | | | $ | 64,896 | | | | | 7 | | % | | | | 7 | | % |

| Total Revenues | | | $ | 69,673 | | | | | $ | 64,896 | | | | | 7 | | % | | | | 7 | | % |

With this change, North America became the Americas market and Growth Markets became the Asia Pacific market.

- EMEA revenues increased 6% in local currency, led by growth in Public Service, Life Sciences, Insurance, Health and Consumer Goods, Retail & Travel Services.

Revenue growth was driven by the United Kingdom and Germany, partially offset by a decline in France.

Cost of services and the related gross margin may be impacted by several factors, including contract profitability, which includes the pricing on the work that we sell, as well as by the investments we make in our business and our people, such as research and development to build assets, platforms and industry and functional solutions, learning and professional development and strategic acquisitions.

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Gross margin for fiscal 2025 decreased as a percentage of revenues to 31.9% from 32.6% during fiscal 2024.

The decrease in gross margin was primarily due to higher payroll costs.

During the fourth quarter of fiscal 2025, we initiated business optimization actions and recorded $615 million in related costs, which includes $344 million related to a talent rotation that we are making in a compressed timeline, as well as asset impairments of approximately $271 million primarily related to the divestiture of two acquisitions that are no longer aligned with our strategic priorities.

| | | | 2025 | | | | | | | | | | | | 2024 | | | | | | | | | | | | | | |

| Americas (1) | | | $ | 5,324 | | | | | 15 | | % | | | | $ | 5,080 | | | | | 16 | | % | | | | $ | 245 | |

| EMEA | | | 3,091 | | | | | | 13 | | | | | | 2,804 | | | | | | 12 | | | | | | 287 | | |

| Asia Pacific (1) | | | 1,810 | | | | | | 18 | | | | | | 1,713 | | | | | | 18 | | | | | | 98 | | |

| Total | | | $ | 10,226 | | | | | 14.7 | | % | | | | $ | 9,596 | | | | | 14.8 | | % | | | | $ | 630 | |

(1)During the first quarter of fiscal 2025, our Latin America market unit moved from Growth Markets to North America.

Accenture is a leading global professional services company, providing a broad range of services and solutions across Strategy & Consulting, Technology, Operations, Industry X and Song.

We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability to help the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale.

Clients continue to prioritize large-scale transformations, which convert to revenue over a longer period.

| | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Geographic Markets | | | North America (1) | | | $ | 30.7 | | $ | 30.3 | | | | | 1 | | % | | | | 2 | | % | | | | | | | 47 | | % | | | | 47 | | % |

| Growth Markets (1) (2) | | | 11.3 | | | 11.5 | | | | | | (2) | | | | | | 7 | | | | | | | | | 17 | | | | | | 18 | | | | | |

Amounts in table may not total due to rounding.

(2)During the first quarter of fiscal 2024, we revised the reporting of our geographic markets for the movement of our Middle East and Africa market units from Growth Markets to Europe, and the Europe market became our EMEA (Europe, Middle East and Africa) geographic market.

The business environment is competitive, and we continue to experience lower pricing across the business.

Our consulting revenue continues to be driven by helping our clients accelerate their reinvention, in particular technology, data, and AI led digital transformations.

While we continue to experience demand for these services, we are seeing a slower pace and level of client spending, especially for smaller contracts with a shorter duration.

The U.S. dollar strengthened against various currencies during fiscal 2024, resulting in unfavorable currency translation and U.S. dollar revenue growth that was approximately 1% lower than our

revenue growth in local currency for the year.

| 92% | | | | | | 774,000+ | | | | | | 13% | | |

Utilization for fiscal 2024 was 92%, up from 91% in fiscal 2023.

The year-over-year increase in our workforce reflects people added in connection with acquisitions and hiring for specific skills.

| North America (1) | | | $ | 30,741 | | | | | $ | 30,296 | | | | | 1 | | % | | | | 2 | | % |

| Growth Markets (1) (2) | | | 11,338 | | | | | | 11,524 | | | | | | (2) | | | | | | 7 | | |

- EMEA revenues were flat in local currency, as growth in Public Service was offset by declines in Communications & Media and Banking & Capital Markets.

Revenues were driven by an increase in Italy, offset by declines in France and the United Kingdom.

Argentina revenues grew in local currency due primarily to hyperinflation.

Cost of services includes a variety of activities such as: contract delivery; recruiting and training; software development; and integration of acquisitions.

marketing- and advertising-related activities; and certain acquisition-related costs.

Gross margin for fiscal 2024 increased to 32.6% compared to 32.3% in fiscal 2023.

The increase in gross margin for fiscal 2024 was primarily due to lower labor costs, partially offset by higher non-payroll costs, primarily for travel compared to fiscal 2023.

These business optimization initiatives were completed as of August 31, 2024.

| | | | 2024 | | | | | | | | | | | | 2023 | | | | | | | | | | | | | | |

| North America | | | $ | 4,952 | | | | | 16 | | % | | | | $ | 4,474 | | | | | 15 | | % | | | | $ | 479 | |

| EMEA (1) | | | 2,804 | | | | | | 12 | | | | | | 2,483 | | | | | | 11 | | | | | | 320 | | |

| Growth Markets (1) | | | 1,840 | | | | | | 16 | | | | | | 1,853 | | | | | | 16 | | | | | | (13) | | |

| Total | | | $ | 9,596 | | | | | 14.8 | | % | | | | $ | 8,810 | | | | | 13.7 | | % | | | | $ | 786 | |

(1)During the first quarter of fiscal 2024, we revised the reporting of our geographic markets for the movement of our Middle East and Africa market units from Growth Markets to Europe, and the Europe market became our EMEA (Europe, Middle East and Africa) geographic market.

- EMEA operating income increased primarily due to the positive impact of foreign currency exchange rates which resulted in an increase in U.S. dollar revenues, lower labor costs and lower business optimization costs, partially offset by declines in consulting revenues in local currency and consulting contract profitability.

- Growth Markets operating income decreased as revenue growth in local currency and lower labor costs were more than offset by lower contract profitability and the negative impact of foreign currency exchange rates which resulted in a decline in U.S. dollar revenues.

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| | | | 2024 | | | | | | | | | | | | | | | 2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

| North America | | | $ | 4,952 | | | | | $ | 68 | | | | | $ | 5,021 | | | | | 16 | | % | | | | $ | 4,474 | | | | | $ | 465 | | | | | $ | 4,939 | | | | | 16 | | % | | | | $ | 82 | |

| EMEA (2) | | | 2,804 | | | | | | 249 | | | | | | 3,052 | | | | | | 13 | | | | | | 2,483 | | | | | | 438 | | | | | | 2,922 | | | | | | 13 | | | | | | 131 | | |

These hedges, the most significant of which are U.S. [removed: dollar/Euro,] [added: dollar/Japanese yen,] U.S. dollar/Indian rupee, U.S. [removed: dollar/Japanese yen,] [added: dollar/Euro,] U.S. dollar/U.K. pound, U.S. [added: dollar/Australian dollar, U.S.] dollar/Swiss franc, U.S. [removed: dollar/Chinese yuan, U.S. dollar/Australian dollar] [added: dollar/Philippine peso] and U.S. [removed: dollar/Philippine peso,] [added: dollar/Chinese yuan,] are intended to offset remeasurement of the underlying assets and liabilities.

As of August 31, [removed: 2024,] [added: 2025,] it was anticipated that approximately [removed: $22] [added: $115] million of net [removed: gains,] [added: losses,] net of tax, currently recorded in Accumulated other comprehensive loss will be reclassified into Cost of services within the next 12 months.

A 10% change in the levels of foreign currency exchange rates against the U.S. dollar (or other base currency of the hedge if not a U.S. dollar hedge) with all other variables held constant would have resulted in a change in the fair value of our hedge instruments of approximately [removed: $655] [added: $722] million and [removed: $856] [added: $655] million as of August 31, [removed: 2024] [added: 2025] and [removed: 2023,] [added: 2024,] respectively.

The interest rate risk associated with our borrowing and investing activities as of August 31, [removed: 2024] [added: 2025] is not material in relation to our consolidated financial position, results of operations or cash flows.

We have minimal exposure on our long-term investments in privately held companies as these investments were not material in relation to our consolidated financial position, results of operations or cash flows as of August 31, [removed: 2024.][added: 2025.]

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| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 7A. Quantitative and Qualitative Disclosures About Market Risk | | | [removed: 50] [added: 43] | | |

| | | | | | | Fiscal [removed: 2024] [added: 2025] Highlights | | |

| We serve clients and manage our business through three geographic markets: [removed: North America,] [added: Americas,] EMEA (Europe, Middle East and Africa) and [removed: Growth Markets.] [added: Asia Pacific.] These markets bring together all of our [removed: capabilities across our services, industries] [added: Reinvention Services with both local] and [removed: functions to deliver value to our clients. In the first quarter of fiscal 2025, our Latin America market unit will move from Growth Markets to North America. With this change, North America will become the Americas market] [added: global talent] and [removed: Growth Markets will become the Asia Pacific market.] [added: solutions.] We go to market by industry, leveraging our deep expertise across our five industry groups—Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. [removed: Our integrated service teams meet client needs rapidly and at scale, leveraging our network] [added: We deliver two types] of [removed: more than 100 innovation hubs, our technology expertise and ecosystem relationships,] [added: work: Consulting] and [removed: our global delivery capabilities.] [added: Managed Services.] | | | | | | [removed: $64.9B] [added: $69.7B] in revenues Our revenues are derived primarily from Forbes Global 2000 companies, governments and government agencies. [removed: We employed approximately 774,000 people as] [added: Today, we work across every major market with more than 9,000 clients, including the world’s largest companies; three quarters] of [added: the Fortune Global 100 and 500. As of] August 31, [removed: 2024.] [added: 2025, we employed approximately 779,000 people.] We have long-term relationships and have partnered with [added: 195 of] our top [removed: 100] [added: 200] clients for [removed: more than 10] [added: 10+] years. | | |

| Fiscal [removed: 2024] [added: 2025] Investments | | | | | | | | | | | | | | |

| across [removed: 46] [added: 23] strategic acquisitions | | | | | | in research and development | | | | | | in learning and professional development | | |

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| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1. Business | | | 3 | | |

During fiscal [removed: 2024,] [added: 2025,] we continued to make significant investments—in strategic acquisitions, in research and development (R&D) in our assets, platforms and industry and functional solutions, in patents and pending patents and in attracting, retaining and developing people.

In fiscal [removed: 2024,] [added: 2025,] we invested [removed: $6.6] [added: $1.5] billion across [removed: 46] [added: 23] strategic acquisitions, [removed: $1.2] [added: $0.8] billion in R&D, and [removed: $1.1] [added: approximately $1.0] billion in learning and professional development, including [removed: 44] [added: approximately 47] million training hours.

We bring industry specific solutions and services as well as cross industry expertise and leverage our scale and global footprint, innovation capabilities, and strong ecosystem partnerships together with our [added: proprietary] assets and platforms including [removed: myWizard,] [added: GenWizard,] myNav, SynOps and AI Navigator for Enterprise to deliver tangible value for our clients.

Our strategists and deep industry, functional, customer and technology consultants work hand-in-hand with our clients and across [removed: services] [added: our capabilities] to shape and deliver these reinventions.

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1. Business | | | 4 | | |

Our [added: three] geographic [removed: markets—North America,] [added: markets—Americas,] EMEA and [removed: Growth Markets—bring] [added: Asia Pacific—bring] together [removed: integrated service] [added: our Reinvention Services in] teams, which typically consist of industry and functional experts, [removed: technology] [added: AI, data] and [removed: capability] [added: technology] specialists and professionals with local market knowledge and experience, to meet client needs.

The geographic markets have primary responsibility for building and sustaining long-term client relationships; bringing together our expertise from around the globe and collaborating across our business to sell and deliver our full range of [removed: services] [added: solutions] and [removed: capabilities;] [added: services;] ensuring client satisfaction; and achieving revenue and profitability objectives.

[removed: ][added: ]

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1. Business | | | 5 | | |

[removed: Services][added: Reinvention Services]

[removed: Strategy & Consulting][added: Strategy and Consulting]

We work with C-suite executives, leaders and boards of the world’s leading organizations, helping them reinvent [added: nearly] every part of their enterprise to [added: set their strategic priorities, build their digital core, reinvent processes and reimagine their workforce to] drive greater growth, enhance competitiveness, [removed: implement operational improvements, reduce cost,] [added: and] deliver sustainable 360° stakeholder [removed: value, and set a new performance frontier for themselves and the industry in which they operate.][added: value.]

Our deep industry and functional expertise is supported by proprietary assets and [removed: solutions] [added: platforms] that help organizations transform faster and become more resilient.

Underpinned by technology, data, analytics, AI, change management, talent, learning and [removed: sustainability capabilities, our Strategy & Consulting services] [added: sustainability, these capabilities] help architect and accelerate all aspects of an organization’s reinvention.

[removed: Technology][added: Technology]

We [removed: provide innovative and comprehensive services and solutions that span cloud;] [added: help our clients build their digital core including AI, data, cloud,] systems integration and application [removed: management; security;] [added: management, security,] intelligent platform [removed: services;] [added: services,] infrastructure [removed: services;] [added: services,] software engineering [removed: services; data and AI; automation;] [added: services, automation] and global delivery [removed: through] [added: centers, utilizing] our [removed: Advanced Technology Centers.][added: deep industry and functional knowledge to create solutions that will drive value at speed.]

We continuously innovate our [removed: services, capabilities] [added: solutions] and [added: services and develop new capabilities, assets and] platforms through early adoption of new technologies such as [removed: generative] [added: advanced] AI, [removed: blockchain,] [added: which includes generative, agentic and physical AI,] robotics, 5G, edge [removed: computing, metaverse] [added: computing] and quantum [removed: computing.][added: computing, as well as invest in R&D for both new and existing forms of technology.]

[removed: In addition to our mature partners, we] [added: We also] invest in emerging technologies through Accenture Ventures.

[removed: Operations][added: Operations]

We help organizations [removed: to reinvent themselves through intelligent] [added: with reinvented] operations, enabled by SynOps, our [removed: cloud enabled] [added: proprietary AI-powered, cloud-enabled] platform that empowers people with data, processes, [removed: automation, generative AI] [added: automation] and a broad ecosystem of technology partners to transform enterprise operations at speed and scale.

[removed: Industry X][added: Industry X]

[removed: This includes] [added: We have expanded our capabilities over the last few years to include] helping our clients to digitally transform how their capital projects are planned, managed and executed, from plant and asset construction to public infrastructure, power grids and data centers.

We collaborate closely with our [removed: platform and software] [added: technology ecosystem] partners to help our clients achieve compressed transformations by redefining how their products are designed and engineered, tested, sourced and supplied, manufactured, and serviced, returned and renewed.

[removed: Song][added: Song]

Our suite of [added: solutions and] services spans design, digital products, marketing, [added: sales,] commerce, and customer service.

We help brands amplify their value, by making their [removed: propositions] [added: products, services and experiences] clear and inspiring to stand out in a crowded marketplace.

Our customer service innovations [added: powered with AI] help make support more responsive and accessible.

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1. Business | | | 6 | | |

[removed: By doing so, we enhance] [added: We leverage the power of a connected customer strategy, AI and data, ecosystem partnerships, and] our [removed: creative processes,] [added: ability to scale and manage programs on behalf of our clients to] solve client challenges more effectively, and provide solutions that are designed to be advanced, ethically sound and sustainable to help our clients reinvent how they engage [removed: with] their [removed: customers.][added: customers and grow.]

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1. Business | | | 7 | | |

We believe the depth and breadth of our industry expertise is a key competitive advantage which allows us to bring client-specific industry solutions [added: and services] to our clients to accelerate [added: reinvention and] value creation.

| Percent of Group’s [removed: FY24] [added: FY25] Revenue | | | | | | | | |

| B2C and B2B communications service providers (both fixed and mobile), MVNO (mobile virtual network operators) and network infrastructure companies inclusive of edge and IOT connectivity infrastructure, cable and satellite communications, broadcasters and TV networks, gaming, print, online and traditional publishing, entertainment, sports, content producers (including studios), content aggregators and streaming live events (sports) and media infrastructure providers, integrated advertising agencies and creative | | | Enterprise technology, hardware, and associated manufacturing; [added: semiconductor including silicon design and development, foundries, capital equipment, and manufacturing;] consumer technology, electronics, batteries, and associated manufacturing; network equipment and device providers and [removed: manufacturers,] [added: manufacturers;] data centers; [removed: semiconductor including silicon design and development, foundries, capital equipment, and manufacturing;] medical equipment companies and manufacturers | | | Cloud-based [removed: enterprise and] [added: enterprise,] consumer software [removed: companies,] [added: and platform companies;] large language model owners; both subscription and ad-driven consumer platforms spanning ecommerce, social, media, advertising and gaming | | |

| Percent of Group’s [removed: FY24] [added: FY25] Revenue | | | | | |

Accenture is a leading solutions and global professional services company that helps the world’s leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together the talent of our approximately 779,000 people, our proprietary assets and platforms, and deep ecosystem relationships.

Our strategy is to be the reinvention partner of choice for our clients and to be the most AI-enabled, client-focused, great place to work in the world.

Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients.

| $1.5B | | | | | | $0.8B | | | | | | $1.0B | | |

We also use our investment capacity to drive early leadership in areas of growth.

For example, our early and decisive decision in fiscal 2023 to invest significantly to become a leader in generative AI with a $3 billion multi-year investment has positioned us to capture this new area of spend for our clients.

Effective September 1, 2025, we brought all of our services, which are described below, together into a single, integrated business unit called Reinvention Services.

With this change, our client-focused growth model is bringing together all our capabilities across strategy, consulting, technology, operations, Song and Industry X, including deep industry and functional expertise across these capabilities, plus our technology ecosystem partnerships, to create more leading solutions faster and embed AI and data more easily into creating and delivering our solutions and services.

As the reinvention partner of choice for our clients, we are building the digital core and helping reinvent nearly every part of the enterprise, everything from functions that are common across industries like HR and Finance, to industry-specific functions like manufacturing and capital projects.

With the majority of our large deals today already involving capabilities across multiple areas, the full rollout of our model is designed to make it faster and simpler to sell and deliver everything Accenture offers across our client base, while embedding more AI and data and equipping our people.

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Our experience from operations also informs our strategy and consulting capabilities to better serve our clients.

We also build the strong digital core that supports the customer agenda.

Our solutions and services include the use of data and transformative technologies such as advanced AI, artificial reality/virtual reality, advanced robotics and digital twins.

Ecosystem Partner Relationships

Our successful strategy for more than a decade has been to be the number-one partner for the technology ecosystem.

As technology is front and center for every client, we are the number-one partner for all of our top 10 ecosystem partners.

These partners are among the world’s largest technology companies by revenue, and they are seeking deeper partnerships with us as they look for help to turn their technology into business outcomes and scale the adoption of AI.

In fiscal 2025, we expanded our partnerships beyond the top 10 in AI and data and created new ones with companies that are becoming critical to many of our clients, which also want us to help them scale their client and customer relationships.

Clients

We continue to be the reinvention partner of choice, serving approximately 9,000 clients including a significant portion of the Fortune Global 100 and 500.

We believe our global footprint and breadth of capabilities mean we can serve more of our clients’ needs for large-scale transformations than any other player in the industry.

Our deep and long-standing relationships mean we know our clients and their industries thoroughly.

We have long-term relationships and have partnered with 195 of our top 200 clients for 10 or more years, and have 305 Diamond clients, our largest client relationships.

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| FY25 Revenues of $11.5B | | | | | | | | |

| 39% | | | 18% | | | 43% | | |

| FY25 Revenues of $12.8B | | | | | |

| 70% | | | 30% | | |

| FY25 Revenues of $14.8B | | | | | |

| Percent of Group’s FY25 Revenue | | | | | |

| 32% | | | 68% | | |

For risks related to our government contracting work, see Item 1A, Risk Factors—“Our work with government clients exposes us to additional risks inherent in the government contracting environment”.

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| FY25 Revenues of $21.2B | | | | | | | | |

| Percent of Group’s FY25 Revenue | | | | | | | | |

| 45% | | | 35% | | | 20% | | |

| FY25 Revenues of $9.5B | | | | | | | | |

| Percent of Group’s FY25 Revenue | | | | | | | | |

| 28% | | | 25% | | | 47% | | |

Overview

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale.

We are a talent- and innovation-led company with approximately 774,000 people serving clients in more than 120 countries.

Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships.

We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability.

Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships.

We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.

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| $6.6B | | | | | | $1.2B | | | | | | $1.1B | | |

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| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

Our Strategy

The core of our growth strategy is to be our clients’ reinvention partner of choice, delivering 360° value to our clients, people, shareholders, partners and communities.

Our strategy defines the areas in which we will drive growth, build differentiation and enable our clients to transform their organizations through technology, data and AI to create value every day.

We aspire to be at the center of our clients’ business and help them reach new levels of performance and to set themselves apart as leaders in their industries.

We define 360° value as delivering the financial business case and unique value a client may be seeking, and striving to partner with our clients to achieve greater progress on inclusion and diversity, reskill and upskill our clients’ employees, help our clients achieve their sustainability goals, and create meaningful experiences, both with Accenture and for the customers and employees of our clients.

We help our clients use technology to drive enterprise-wide transformation, which includes:

- building their digital core—such as moving them to the cloud, leveraging data and AI, and embedding security across the enterprise;

- optimizing their operations—such as helping our clients digitize faster, access digital talent and reduce costs as well as through digitizing engineering and manufacturing; and

- accelerating their revenue growth—such as through using technology and creativity to create personalized connections, experiences and targeted sales at scale, leveraging data and AI, transforming content supply chains and marketing and commerce models and helping create new digital services and business models.

Our clients turn to us to help them drive reinvention with our unique combination of services across Strategy & Consulting, Technology, Operations, Industry X and Song.

At the same time, we see AI as the new digital.

Like digital, AI is both a technology and a new way of working, and its full value will only come from strategies built on both productivity and growth.

And we believe it will be used in every part of the enterprise.

We also believe the introduction of generative AI signifies a transformative era that is set to drive growth for us and our clients.

To accomplish reinvention and take advantage of AI, businesses need to focus on talent, which includes: accessing the best people at the right time, place and cost; being a talent creator to keep people market-relevant; and unlocking the potential of talent.

Our managed services are strategic for our clients as companies seek to move faster, embrace AI and automation and leverage our digital platforms and talent as well as reduce costs.

As clients reinvent, we believe that trends such as sustainability will continue to be forces behind their need to reinvent and the outcomes of their reinventions.

We believe our strategy to deliver 360° value makes us an attractive destination for top talent, a trusted partner to our clients and ecosystem, and a respected member of our communities.

| | | | Key enablers of our growth strategy include: | | | | | |

| | | | Our People—As a talent- and innovation-led organization, across our entire business our people have highly specialized skills that drive our differentiation and competitiveness. We care deeply for our people, and are committed to a culture of shared success, to investing in our people to provide them with boundaryless opportunities to learn and grow in their careers through their work experience and continued development, training and reskilling, and to helping them achieve their aspirations both professionally and personally. We have an unwavering commitment to inclusion and diversity. | | | | | |

| | | | Our Commitment—We are a purpose-driven company, committed to delivering on the promise of technology and human ingenuity by continuously innovating and developing leading-edge ideas and leveraging emerging technologies in anticipation of our clients’ needs. Our culture is underpinned by our core values and Code of Business Ethics, which are key drivers of the trust our clients and partners place in us. | | | | | |

| | | | Our Foundation—Our Leadership Essentials set the standard for what we expect from our people. Our growth model, which leverages our global sales, client experience and innovation, while organizing around geographic markets and industry groups within those markets, enables us to be close to our clients, people and partners to scale efficiently. Our enduring shareholder value proposition is also a key element of the foundation that enables us to execute on our growth strategy through the financial value it creates. | | | | | |

We bring together skills, capabilities, industry experience and functional expertise to help our clients achieve tangible outcomes and create 360° value.

We provide a range of capabilities that addresses the challenges faced by organizations today, including how to achieve reinvention, manage change and develop new growth opportunities.

We are continuously innovating and investing in R&D for both existing and new forms of technology.

Our focus in our Accenture Labs includes furthering innovation beyond traditional boundaries, such as science and space technologies.

Our innovation hubs around the world help clients innovate at unmatched speed, scope and scale.

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| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| ACCENTURE 2025 FORM 10-K | | | | | | Item 1C. Cybersecurity | | | 28 | | |

For the fiscal year ended August 31, [removed: 2024][added: 2025]

[removed: ][added: ]

The aggregate market value of the common equity of the registrant held by non-affiliates of the registrant on February [removed: 29, 2024] [added: 28, 2025] was approximately [removed: $235,672,170,215] [added: $218,315,987,018] based on the closing price of the registrant’s Class A ordinary shares, par value $0.0000225 per share, reported on the New York Stock Exchange on such date of [removed: $374.78] [added: $348.50] per share and on the par value of the registrant’s Class X ordinary shares, par value $0.0000225 per share.

The number of shares of the registrant’s Class A ordinary shares, par value $0.0000225 per share, outstanding as of September [removed: 30, 2024] [added: 26, 2025] was [removed: 672,684,852] [added: 658,171,748] (which number includes [removed: 47,829,204] [added: 38,032,856] issued shares held by the registrant).

The number of shares of the registrant’s Class X ordinary shares, par value $0.0000225 per share, outstanding as of September [removed: 30, 2024] [added: 26, 2025] was [removed: 307,754.][added: 302,358.]

Portions of the definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant’s Annual General Meeting of Shareholders, to be held on [removed: February 6, 2025,] [added: January 28, 2026,] will be incorporated by reference in this Form 10-K in response to Items 10, 11, 12, 13 and 14 of Part III.

The definitive proxy statement will be filed with the SEC not later than 120 days after the registrant’s fiscal year ended August 31, [removed: 2024.][added: 2025.]

| Item 1. | | | [removed: [Business](#i2a746de89e024fc2a7c7f0ca79088e67_13)] [added: [Business](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_13)] | | | [removed: [2](#i2a746de89e024fc2a7c7f0ca79088e67_13)] [added: [2](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_13)] | | |

| Item 1A. | | | [Risk [removed: Factors](#i2a746de89e024fc2a7c7f0ca79088e67_46)] [added: Factors](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_46)] | | | [removed: [18](#i2a746de89e024fc2a7c7f0ca79088e67_46)] [added: [11](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_46)] | | |

| Item 1B. | | | [Unresolved Staff [removed: Comments](#i2a746de89e024fc2a7c7f0ca79088e67_49)] [added: Comments](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_49)] | | | [removed: [32](#i2a746de89e024fc2a7c7f0ca79088e67_49)] [added: [26](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_49)] | | |

| Item 1C. | | | [removed: [Cybersecurity](#i2a746de89e024fc2a7c7f0ca79088e67_52)] [added: [Cybersecurity](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_52)] | | | [removed: [33](#i2a746de89e024fc2a7c7f0ca79088e67_52)] [added: [26](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_52)] | | |

| Item 2. | | | [removed: [Properties](#i2a746de89e024fc2a7c7f0ca79088e67_55)] [added: [Properties](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_55)] | | | [removed: [34](#i2a746de89e024fc2a7c7f0ca79088e67_55)] [added: [27](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_55)] | | |

| Item 3. | | | [Legal [removed: Proceedings](#i2a746de89e024fc2a7c7f0ca79088e67_58)] [added: Proceedings](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_58)] | | | [removed: [34](#i2a746de89e024fc2a7c7f0ca79088e67_58)] [added: [27](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_58)] | | |

| Item 4. | | | [Mine Safety [removed: Disclosures](#i2a746de89e024fc2a7c7f0ca79088e67_61)] [added: Disclosures](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_61)] | | | [removed: [34](#i2a746de89e024fc2a7c7f0ca79088e67_61)] [added: [28](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_61)] | | |

| Item 5. | | | [Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity [removed: Securities](#i2a746de89e024fc2a7c7f0ca79088e67_67)] [added: Securities](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_67)] | | | [removed: [35](#i2a746de89e024fc2a7c7f0ca79088e67_67)] [added: [29](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_67)] | | |

| Item 6. | | | [removed: [\[Reserved\]](#i2a746de89e024fc2a7c7f0ca79088e67_70)] [added: [\[Reserved\]](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_70)] | | | [removed: [36](#i2a746de89e024fc2a7c7f0ca79088e67_70)] [added: [30](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_70)] | | |

| Item 7. | | | [Management’s Discussion and Analysis of Financial Condition and Results of [removed: Operations](#i2a746de89e024fc2a7c7f0ca79088e67_73)] [added: Operations](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_73)] | | | [removed: [37](#i2a746de89e024fc2a7c7f0ca79088e67_73)] [added: [31](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_73)] | | |

| Item 7A. | | | [Quantitative and Qualitative Disclosures about Market [removed: Risk](#i2a746de89e024fc2a7c7f0ca79088e67_103)] [added: Risk](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_106)] | | | [removed: [49](#i2a746de89e024fc2a7c7f0ca79088e67_103)] [added: [42](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_106)] | | |

| Item 8. | | | [Financial Statements and Supplementary [removed: Data](#i2a746de89e024fc2a7c7f0ca79088e67_106)] [added: Data](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_109)] | | | [removed: [50](#i2a746de89e024fc2a7c7f0ca79088e67_106)] [added: [43](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_109)] | | |

| Item 9. | | | [Changes in and Disagreements With Accountants on Accounting and Financial [removed: Disclosure](#i2a746de89e024fc2a7c7f0ca79088e67_109)] [added: Disclosure](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_112)] | | | [removed: [50](#i2a746de89e024fc2a7c7f0ca79088e67_109)] [added: [43](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_112)] | | |

| Item 9A. | | | [Controls and [removed: Procedures](#i2a746de89e024fc2a7c7f0ca79088e67_112)] [added: Procedures](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_115)] | | | [removed: [50](#i2a746de89e024fc2a7c7f0ca79088e67_112)] [added: [43](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_115)] | | |

| Item 9B. | | | [Other [removed: Information](#i2a746de89e024fc2a7c7f0ca79088e67_115)] [added: Information](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_118)] | | | [removed: [51](#i2a746de89e024fc2a7c7f0ca79088e67_115)] [added: [44](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_118)] | | |

| Item 9C. | | | [Disclosure Regarding Foreign Jurisdictions that Prevent [removed: Inspections](#i2a746de89e024fc2a7c7f0ca79088e67_121)] [added: Inspections](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_124)] | | | [removed: [51](#i2a746de89e024fc2a7c7f0ca79088e67_121)] [added: [44](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_124)] | | |

| Item 10. | | | [Directors, Executive Officers and Corporate [removed: Governance](#i2a746de89e024fc2a7c7f0ca79088e67_127)] [added: Governance](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_130)] | | | [removed: [52](#i2a746de89e024fc2a7c7f0ca79088e67_127)] [added: [46](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_130)] | | |

| Item 11. | | | [Executive [removed: Compensation](#i2a746de89e024fc2a7c7f0ca79088e67_130)] [added: Compensation](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_133)] | | | [removed: [52](#i2a746de89e024fc2a7c7f0ca79088e67_130)] [added: [46](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_133)] | | |

| Item 12. | | | [Security Ownership of Certain Beneficial Owners and Management and Related Shareholder [removed: Matters](#i2a746de89e024fc2a7c7f0ca79088e67_133)] [added: Matters](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_136)] | | | [removed: [53](#i2a746de89e024fc2a7c7f0ca79088e67_133)] [added: [47](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_136)] | | |

| Item 13. | | | [Certain Relationships and Related Transactions, and Director [removed: Independence](#i2a746de89e024fc2a7c7f0ca79088e67_136)] [added: Independence](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_139)] | | | [removed: [53](#i2a746de89e024fc2a7c7f0ca79088e67_136)] [added: [47](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_139)] | | |

| Item 14. | | | [Principal Accountant Fees and [removed: Services](#i2a746de89e024fc2a7c7f0ca79088e67_139)] [added: Services](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_142)] | | | [removed: [54](#i2a746de89e024fc2a7c7f0ca79088e67_139)] [added: [48](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_142)] | | |

| Item 15. | | | [Exhibits, Financial Statement [removed: Schedules](#i2a746de89e024fc2a7c7f0ca79088e67_145)] [added: Schedules](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_148)] | | | [removed: [55](#i2a746de89e024fc2a7c7f0ca79088e67_145)] [added: [49](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_148)] | | |

| Item 16. | | | [Form 10-K [removed: Summary](#i2a746de89e024fc2a7c7f0ca79088e67_148)] [added: Summary](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_151)] | | | [removed: [57](#i2a746de89e024fc2a7c7f0ca79088e67_148)] [added: [51](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_151)] | | |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Part I | | | 1 | | |

Financial and other material information regarding us is routinely posted on and accessible at [removed: http://investor.accenture.com and on the Accenture 360° Value Reporting Experience (http://www.accenture.com/reportingexperience).][added: http://investor.accenture.com.]

| [Signatures](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_154) | | | | | | [52](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_154) | | |

| [Signatures](#i2a746de89e024fc2a7c7f0ca79088e67_151) | | | | | | [58](#i2a746de89e024fc2a7c7f0ca79088e67_151) | | |

| | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

Forward-looking and other statements in this document may also address our corporate responsibility progress, plans, and goals (including environmental matters), and the inclusion of such statements is not an indication that these contents are necessarily material to investors or required to be disclosed in our filings with the Securities and Exchange Commission.

In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.

| ACCENTURE 2024 FORM 10-K | | | | | | Item 1. Business | | | 2 | | |

| | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| [Table of Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7) | | | | | | | | | | | |

| ACCENTURE 2024 FORM 10-K | | | | | | Item 1C. Cybersecurity | | | 33 | | |

All Accenture people [added: are required to] complete annual core information security and data privacy training, delivered in multiple courses throughout the year, to stay up-to-date on security practices and threats.

In addition, our people in [removed: internal- and client-data-sensitive] [added: data-sensitive] roles [removed: complete] [added: are provided] specialized, targeted security training to increase knowledge about role-specific threats, concepts and practices.

[removed: To date these risks and incidents have not had a material impact on us, including our business strategy,] results of operations, and financial condition; however, there is no assurance that such impacts will not be material in the future.

Our enterprise risk management program is an annual and ongoing process designed to identify, assess and manage Accenture’s risk exposures over [removed: the short-, intermediate- and long-term.][added: multiple time horizons.]

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 1C. Cybersecurity | | | [removed: 34] [added: 27] | | |

[added: As part of our Board of Directors’ role in overseeing the Company’s enterprise risk] management program, the Board devotes time and attention to cybersecurity and data privacy-related risks, with the Audit Committee of the Board of Directors responsible for overseeing information technology risk exposures, including cybersecurity, data privacy and data security.

Our CISO reports to our Chief Operating Officer and is supported by a team of over [removed: 800] [added: 1,000] people with expertise in technical architecture and security operations; governance, risk and compliance; client data protection; behavioral change; and cyber incident response, many of whom hold cybersecurity certifications and possess deep technical knowledge and experience.

To date these risks and incidents have not had a material impact on us, including our business strategy,

Recent topics included integrated third-party risk management, the evolving AI security governance and innovation landscape and client data protection.

As part of our Board of Directors’ role in overseeing the Company’s enterprise risk

Recent topics included evolving generative AI threats, social engineering resistance and deepfake readiness.

We have major offices in the world’s leading business centers, including Boston, Chicago, New York, San Francisco, [added: São Paolo,] Dublin, Frankfurt, London, Madrid, Milan, Paris, Rome, Bangalore, Beijing, Manila, Mumbai, [removed: São Paolo,] Shanghai, Singapore, Sydney and Tokyo, among others.

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Part II | | | [removed: 35] [added: 29] | | |

As of September [removed: 30, 2024,] [added: 26, 2025,] there were [removed: 367] [added: 14] holders of record of Accenture plc Class [removed: A] [added: X] ordinary shares.

As of September [removed: 30, 2024,] [added: 26, 2025,] there were [removed: 14] [added: 356] holders of record of Accenture plc Class [removed: X] [added: A] ordinary shares.

For information about our dividend activity during fiscal [removed: 2024,] [added: 2025,] see Note 14 (Shareholders’ Equity) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.”

On September [removed: 25, 2024,] [added: 22, 2025,] the Board of Directors of Accenture plc declared a quarterly cash dividend of [removed: $1.48] [added: $1.63] per share on our Class A ordinary shares for shareholders of record at the close of business on October 10, [removed: 2024,] [added: 2025,] payable on November [removed: 15, 2024.][added: 14, 2025.]

For the remainder of fiscal [removed: 2025,] [added: 2026,] we expect to declare additional quarterly dividends in December [removed: 2024] [added: 2025] and March and June [removed: 2025,] [added: 2026,] to be paid in February, May and August [removed: 2025,] [added: 2026,] respectively, subject to the approval of the Board of Directors.

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities | | | [removed: 36] [added: 30] | | |

The following table provides information relating to our purchases of Accenture plc Class A ordinary shares during the fourth quarter of fiscal [removed: 2024.][added: 2025.]

During the fourth quarter of fiscal [removed: 2024,] [added: 2025,] we purchased [removed: 2,000,308] [added: 1,551,659] Accenture plc Class A ordinary shares under this program for an aggregate price of [removed: $605] [added: $458] million.

(3)As of August 31, [removed: 2024,] [added: 2025,] our aggregate available authorization for share purchases and redemptions was [removed: $2,694] [added: $2,851] million, which management has the discretion to use for either our publicly announced open-market share purchase program or our other share purchase programs.

Since August 2001 and as of August 31, [removed: 2024,] [added: 2025,] the Board of Directors of Accenture plc has authorized an aggregate of [removed: $50.1] [added: $54.1] billion for share purchases and redemptions by Accenture plc and Accenture Canada Holdings Inc. On September [removed: 25, 2024,] [added: 22, 2025,] the Board of Directors of Accenture plc approved [removed: $4,000] [added: $5,000] million in additional share repurchase authority, bringing Accenture’s total outstanding authority to [removed: $6,694] [added: $7,851] million.

(4)During the fourth quarter of fiscal [removed: 2024,] [added: 2025,] Accenture purchased [removed: 72,255] [added: 51,842] Accenture plc Class A ordinary shares in transactions unrelated to publicly announced share plans or programs.

| June 1, 2025 — June 30, 2025 | | | | | | 633,762 | | | | | | $ | 305.70 | | | | | 606,123 | | | | | | $ | 3,124 | |

| July 1, 2025 — July 31, 2025 | | | | | | 961,398 | | | | | | 289.01 | | | | | | 945,536 | | | | | | 2,851 | | |

| August 1, 2025 — August 31, 2025 | | | | | | 8,341 | | | | | | 259.47 | | | | | | — | | | | | | 2,851 | | |

| Total (4) | | | | | | 1,603,501 | | | | | | $ | 295.45 | | | | | 1,551,659 | | | | | | | | |

| June 1, 2024 — June 30, 2024 | | | | | | 1,268,456 | | | | | | $ | 291.18 | | | | | 1,247,913 | | | | | | $ | 2,937 | |

| July 1, 2024 — July 31, 2024 | | | | | | 395,110 | | | | | | 315.91 | | | | | | 382,304 | | | | | | 2,815 | | |

| August 1, 2024 — August 31, 2024 | | | | | | 408,997 | | | | | | 327.47 | | | | | | 370,091 | | | | | | 2,694 | | |

| Total (4) | | | | | | 2,072,563 | | | | | | $ | 303.05 | | | | | 2,000,308 | | | | | | | | |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | | | [removed: 37] [added: 31] | | |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 9A. Controls and Procedures | | | [removed: 51] [added: 44] | | |

KPMG LLP, an independent registered public accounting firm, has audited the Consolidated Financial Statements included in this Annual Report on Form 10-K and, as part of their audit, has issued its [removed: attestation] [added: auditor’s] report, included herein, on the effectiveness of our internal control over financial reporting.

There has been no change in our internal control over financial reporting that occurred during the fourth quarter of fiscal [removed: 2024] [added: 2025] that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

The table below summarizes the terms of trading arrangements adopted or terminated by our executive officers or directors during the fourth quarter of fiscal [removed: 2024.][added: 2025.]

| Name | | | Title | | | Date of Adoption or Termination | | | Duration of Plan (1) | | | Aggregate number of Class A ordinary shares to be sold pursuant to the trading [removed: agreement (2)] [added: agreement] | | | [added: | | |]

| Julie Sweet | | | Chair and chief executive officer | | | Adopted on July [removed: 22, 2024] [added: 12, 2025] | | | October [removed: 21, 2024] [added: 22, 2025] - July 24, [removed: 2025] [added: 2026] | | | [removed: 32,600] [added: 39,000] | | | [added: (2) | | |]

| Manish Sharma | | | Chief [removed: executive officer—the Americas] [added: strategy and services officer] | | | Adopted on [removed: July 9, 2024] [added: June 24, 2025] | | | October 22, [removed: 2024] [added: 2025] - July 24, [removed: 2025] [added: 2026] | | | [removed: 9,300] [added: 11,500] | | | [added: (2) | | |]

(2) The actual number of shares sold [removed: under each plan] will depend on the vesting of certain performance-based equity awards and the number of shares withheld by Accenture to satisfy its income tax withholding obligations, and may vary from the approximate number provided.

| | | | | | | | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Ryoji Sekido | | | Chief executive officer— Asia Pacific | | | Adopted on June 24, 2025 | | | October 22, 2025 - July 24, 2026 | | | 6,000 | | | (2) | | |

| Mauro Macchi | | | Chief executive officer— EMEA | | | Adopted on July 28, 2025 | | | October 27, 2025 - July 24, 2026 | | | 4,000 | | | | | |

| | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| ACCENTURE 2025 FORM 10-K | | | | | | Item 9A. Controls and Procedures | | | 45 | | |

| | | | | | | | | | | | | | | |

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Part III | | | [removed: 52] [added: 46] | | |

There have been no material changes to the procedures by which security holders may recommend nominees to our Board of Directors from those described in the proxy statement for our [removed: 2024] [added: 2025] Annual General Meeting of Shareholders filed with the SEC on December [removed: 13, 2023.][added: 16, 2024.]

The remaining information called for by Item 10 will be included in the sections captioned “Appointment of Directors,” “Corporate Governance” and “Beneficial Ownership” included in the definitive proxy statement relating to the [removed: 2025] [added: 2026] Annual General Meeting of Shareholders of Accenture plc to be held on [removed: February 6, 2025] [added: January 28, 2026] and is incorporated herein by reference.

Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our [removed: 2024] [added: 2025] fiscal year covered by this Form 10-K.

The information called for by Item 11 will be included in the sections captioned “Executive Compensation” and “Director Compensation” included in the definitive proxy statement relating to the [removed: 2025] [added: 2026] Annual General Meeting of Shareholders of Accenture plc to be held on [removed: February 6, 2025] [added: January 28, 2026] and is incorporated herein by reference.

Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our [removed: 2024] [added: 2025] fiscal year covered by this Form 10-K.

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters | | | [removed: 53] [added: 47] | | |

The following table sets forth, as of August 31, [removed: 2024,] [added: 2025,] certain information related to our compensation plans under which Accenture plc Class A ordinary shares may be issued.

| 2001 Share Incentive Plan | | | | | | [removed: 9,265] [added: 1,872] | | | (1) | | | | | | $ | — | | | | | — | | |

| Amended and Restated 2010 Share Incentive Plan | | | | | | [removed: 16,220,558] [added: 16,388,598] | | | (2) | | | | | | — | | | | | | [removed: 27,270,917] [added: 20,971,852] | | |

| Amended and Restated 2010 Employee Share Purchase Plan | | | | | | — | | | | | | | | | N/A | | | | | | [removed: 50,575,968] [added: 46,056,389] | | |

(1)Consists of [removed: 9,265] [added: 1,872] restricted share units.

(2)Consists of [removed: 16,220,558] [added: 16,388,598] restricted share units, with performance-based awards assuming maximum performance.

The remaining information called for by Item 12 will be included in the section captioned “Beneficial Ownership” included in the definitive proxy statement relating to the [removed: 2025] [added: 2026] Annual General Meeting of Shareholders of Accenture plc to be held on [removed: February 6, 2025] [added: January 28, 2026] and is incorporated herein by reference.

Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our [removed: 2024] [added: 2025] fiscal year covered by this Form 10-K.

| Total | | | | | | 16,390,470 | | | | | | | | | | | | | | | 67,028,241 | | |

| Total | | | | | | 16,229,823 | | | | | | | | | | | | | | | 77,846,885 | | |

The information called for by Item 13 will be included in the section captioned “Corporate Governance” included in the definitive proxy statement relating to the [removed: 2025] [added: 2026] Annual General Meeting of Shareholders of Accenture plc to be held on [removed: February 6, 2025] [added: January 28, 2026] and is incorporated herein by reference.

Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our [removed: 2024] [added: 2025] fiscal year covered by this Form 10-K.

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 14. Principal Accountant Fees and Services | | | [removed: 54] [added: 48] | | |

The information called for by Item 14 will be included in the section captioned “Audit” included in the definitive proxy statement relating to the [removed: 2025] [added: 2026] Annual General Meeting of Shareholders of Accenture plc to be held on [removed: February 6, 2025] [added: January 28, 2026] and is incorporated herein by reference.

Accenture plc will file such definitive proxy statement with the SEC pursuant to Regulation 14A not later than 120 days after the end of our [removed: 2024] [added: 2025] fiscal year covered by this Form 10-K.

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Part IV | | | [removed: 55] [added: 49] | | |

Financial Statements as of August 31, [removed: 2024] [added: 2025] and [removed: 2023] [added: 2024] and for the three years ended August 31, [removed: 2024—Included] [added: 2025—Included] in Part II of this Form 10-K:

| 4.1 | | | | | | Description of Accenture plc’s Securities [removed: ([filed herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit41.htm))] [added: (incorporated by reference to [Exhibit 4.1 to the August 31, 2024 10-K](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit41.htm))] | | | | | | | | | | | |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 15. Exhibits, Financial Statement Schedules | | | [removed: 56] [added: 50] | | |

| 10.18* | | | | | | Form of Director Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.1 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex101.htm))] [added: 28, 2025 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex101.htm))] | | | | | | | | | | | |

| 10.19* | | | | | | Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit [removed: 10.3] [added: 10.2] to the February 28, [removed: 2022 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737322000144/acn2282022ex103.htm))] [added: 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex102.htm))] | | | | | | | | | | | |

| 10.20* | | | | | | Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.2 to the February [removed: 28, 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex102.htm))] [added: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex102.htm))] | | | | | | | | | | | |

| 10.21* | | | | | | Form of Key Executive Performance-Based Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.2 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex102.htm))] [added: 28, 2025 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex102.htm))] | | | | | | | | | | | |

| 10.22* | | | | | | Form of Fiscal [removed: 2022] [added: 2023] Key Executive Performance-Based Award Restricted Share Unit Agreement in France (incorporated by reference to [Exhibit [removed: 10.7] [added: 10.6] to the February 28, [removed: 2022 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737322000144/acn2282022ex107.htm))] [added: 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex106.htm))] | | | | | | | | | | | |

| 10.23* | | | | | | Form of Fiscal [removed: 2023] [added: 2024] Key Executive Performance-Based Award Restricted Share Unit Agreement in France (incorporated by reference to [Exhibit 10.6 to the February [removed: 28, 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex106.htm))] [added: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex106.htm))] | | | | | | | | | | | |

| [removed: 10.24*] [added: 10.27*] | | | | | | Form of [removed: Fiscal 2024 Key Executive Performance-Based] [added: Accenture Leadership Performance Equity] Award Restricted Share Unit Agreement in France (incorporated by reference to [Exhibit [removed: 10.6] [added: 10.7] to the February 29, 2024 [removed: 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex106.htm))] [added: 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex107.htm))] | | | | | | | | | | | |

| 10.25* | | | | | | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit [removed: 10.4] [added: 10.3] to the February [removed: 28, 2022 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737322000144/acn2282022ex104.htm))] [added: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex103.htm))] | | | | | | | | | | | |

| [removed: 10.26*] [added: 10.24*] | | | | | | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.3 to the February 28, 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex103.htm)) | | | | | | | | | | | |

| [removed: 10.27*] [added: 10.26*] | | | | | | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.3 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex103.htm))] [added: 28, 2025 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex103.htm))] | | | | | | | | | | | |

| 10.28* | | | | | | Form of Accenture Leadership Performance Equity Award Restricted Share Unit Agreement in France (incorporated by reference to [Exhibit 10.7 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex107.htm))] [added: 28, 2025 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex107.htm)] | | | | | | | | | | | |

| 10.29* | | | | | | Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.4 to the February [removed: 28, 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000124/acn2282023ex104.htm))] [added: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex104.htm))] | | | | | | | | | | | |

| 10.30* | | | | | | Form of Voluntary Equity Investment Program Matching Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.4 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex104.htm))] [added: 28, 2025 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex104.htm))] | | | | | | | | | | | |

| 10.31* | | | | | | Form of CEO Discretionary Grant Restricted Share Unit Agreement pursuant to the Amended and Restated Accenture plc 2010 Share Incentive Plan (incorporated by reference to [Exhibit 10.5 to the February [removed: 29, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000108/acn229202410-qex105.htm) )] [added: 28, 2025 10-Q )](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000100/acn228202510-qex105.htm)] | | | | | | | | | | | |

| 10.34* | | | | | | Form of Severance Agreement (incorporated by reference to [Exhibit 10.1 to the [removed: December 19,] [added: November 30,] 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000403/acn11302023ex101.htm)) | | | | | | | | | | | |

| 10.35* | | | | | | Relocation Benefits Agreement between Accenture LLP and Manish Sharma (incorporated by reference to [Exhibit 10.2 to the [removed: December 19,] [added: November 30,] 2023 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000403/acn11302023ex102.htm)) | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Item 15. Exhibits, Financial Statement Schedules | | | [removed: 57] [added: 51] | | |

| 19.1 | | | | | | Insider Trading Policy ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit191.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit191.htm))] | | | | | | | | | | | |

| 21.1 | | | | | | Subsidiaries of the Registrant ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit211.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit211.htm))] | | | | | | | | | | | |

| 23.1 | | | | | | Consent of KPMG LLP ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit231.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit231.htm))] | | | | | | | | | | | |

| 23.2 | | | | | | Consent of KPMG LLP related to the Accenture plc 2010 Employee Share Purchase Plan ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit232.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit232.htm))] | | | | | | | | | | | |

| 31.1 | | | | | | Certification of the Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit311.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit311.htm))] | | | | | | | | | | | |

| 31.2 | | | | | | Certification of the Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit312.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit312.htm))] | | | | | | | | | | | |

| 32.1 | | | | | | Certification of the Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ([furnished [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit321.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit321.htm))] | | | | | | | | | | | |

| 32.2 | | | | | | Certification of the Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ([furnished [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit322.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit322.htm))] | | | | | | | | | | | |

| 99.1 | | | | | | Amended and Restated Accenture plc 2010 Employee Share Purchase Plan Financial Statements ([filed [removed: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000278/a831202410-kexhibit991.htm))] [added: herewith](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/a831202510-kexhibit991.htm))] | | | | | | | | | | | |

| 101 | | | | | | The following financial information from Accenture plc’s Annual Report on Form 10-K for the fiscal year ended August 31, [removed: 2024,] [added: 2025,] formatted in Inline XBRL: (i) Consolidated Balance Sheets as of August 31, [removed: 2024] [added: 2025] and August 31, [removed: 2023,] [added: 2024,] (ii) Consolidated Income Statements for the years ended August 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022,] [added: 2023,] (iii) Consolidated Statements of Comprehensive Income for the years ended August 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022,] [added: 2023,] (iv) Consolidated Shareholders’ Equity Statements for the years ended August 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022,] [added: 2023,] (v) Consolidated Cash Flows Statements for the years ended August 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022,] [added: 2023,] and (vi) the Notes to Consolidated Financial Statements | | | | | | | | | | | |

| 104 | | | | | | The cover page from Accenture plc’s Annual Report on Form 10-K for the year ended August 31, [removed: 2024,] [added: 2025,] formatted in Inline XBRL (included as Exhibit 101) | | | | | | | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| 10.36* | | | | | | Accenture LLP Leadership Separation Benefits Plan (incorporated by reference to [Exhibit 10.1 to November 30, 2024 10-Q](https://www.sec.gov/Archives/edgar/data/1467373/000146737324000352/acn1130202410-qexhibit101.htm)) | | | | | | | | | | | |

| 10.36* | | | | | | Retirement Agreement between Accenture LLP and Jimmy Etheredge (incorporated by reference to [Exhibit 10.12 to the August 31, 2023 10-K](https://www.sec.gov/Archives/edgar/data/1467373/000146737323000324/a831202310-kexhibit1012.htm)) | | | | | | | | | | | |

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Signatures | | | [removed: 58] [added: 52] | | |

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf on October 10, [removed: 2024] [added: 2025] by the undersigned, thereunto duly authorized.

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Julie Sweet, [removed: KC McClure] [added: Angie Park] and Joel Unruch, and each of them, as his or her true and lawful attorneys-in-fact and agents, with power to act with or without the others and with full power of substitution and resubstitution, to do any and all acts and things and to execute any and all instruments which said attorneys and agents and each of them may deem necessary or desirable to enable the registrant to comply with the U.S. Securities Exchange Act of 1934, as amended, and any rules, regulations and requirements of the U.S. Securities and Exchange Commission thereunder in connection with the registrant’s Annual Report on Form 10-K for the fiscal year ended August 31, [removed: 2024] [added: 2025] (the “Annual Report”), including specifically, but without limiting the generality of the foregoing, power and authority to sign the name of the registrant and the name of the undersigned, individually and in his or her capacity as a director or officer of the registrant, to the Annual Report as filed with the U.S. Securities and Exchange Commission, to any and all amendments thereto, and to any and all instruments or documents filed as part thereof or in connection therewith; and each of the undersigned hereby ratifies and confirms all that said attorneys and agents and each of them shall do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below on October 10, [removed: 2024] [added: 2025] by the following persons on behalf of the registrant and in the capacities indicated.

| /s/ [removed: KC MCCLURE] [added: ANGIE PARK] | | | | | | Chief Financial Officer | | |

| [removed: KC McClure] [added: Angie Park] | | | | | | (principal financial officer) | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Signatures | | | [removed: 59] [added: 53] | | |

| /s/ ARUN SARIN | | | | | | [added: Lead] Director | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Index to Consolidated Financial Statements | | | F-1 | | |

| [Report of Independent Registered Public Accounting [removed: Firm](#i2a746de89e024fc2a7c7f0ca79088e67_157)] [added: Firm](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_160)] (Auditor Firm ID: 185) | | | | | | [removed: [F-2](#i2a746de89e024fc2a7c7f0ca79088e67_157)] [added: [F-2](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_160)] | | |

| Consolidated Financial Statements as of August 31, [removed: 2024] [added: 2025] and [removed: 2023] [added: 2024] and for the years ended August 31, [removed: 2024, 2023] [added: 2025, 2024] and [removed: 2022:] [added: 2023:] | | | | | | | | |

| [Consolidated Balance [removed: Sheets](#i2a746de89e024fc2a7c7f0ca79088e67_160)] [added: Sheets](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_163)] | | | | | | [removed: [F-5](#i2a746de89e024fc2a7c7f0ca79088e67_160)] [added: [F-5](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_163)] | | |

| [Consolidated Income [removed: Statements](#i2a746de89e024fc2a7c7f0ca79088e67_163)] [added: Statements](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_166)] | | | | | | [removed: [F-6](#i2a746de89e024fc2a7c7f0ca79088e67_163)] [added: [F-6](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_166)] | | |

| [Consolidated Statements of Comprehensive [removed: Income](#i2a746de89e024fc2a7c7f0ca79088e67_166)] [added: Income](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_169)] | | | | | | [removed: [F-7](#i2a746de89e024fc2a7c7f0ca79088e67_166)] [added: [F-7](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_169)] | | |

| [Consolidated Shareholders’ Equity [removed: Statements](#i2a746de89e024fc2a7c7f0ca79088e67_169)] [added: Statements](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_172)] | | | | | | [removed: [F-8](#i2a746de89e024fc2a7c7f0ca79088e67_169)] [added: [F-8](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_172)] | | |

| [Consolidated Cash Flows [removed: Statements](#i2a746de89e024fc2a7c7f0ca79088e67_172)] [added: Statements](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_175)] | | | | | | [removed: [F-11](#i2a746de89e024fc2a7c7f0ca79088e67_172)] [added: [F-11](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_175)] | | |

| [Notes to Consolidated Financial [removed: Statements](#i2a746de89e024fc2a7c7f0ca79088e67_175)] [added: Statements](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_178)] | | | | | | [removed: [F-12](#i2a746de89e024fc2a7c7f0ca79088e67_175)] [added: [F-12](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_178)] | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Report of Independent Registered Public Accounting Firm | | | F-2 | | |

We have audited the accompanying consolidated balance sheets of Accenture plc and subsidiaries (the Company) as of August 31, [removed: 2024] [added: 2025] and [removed: 2023,] [added: 2024,] the related consolidated statements of income, comprehensive income, shareholders’ equity, and cash flows for each of the years in the three-year period ended August 31, [removed: 2024,] [added: 2025,] and the related notes (collectively, the consolidated financial statements).

We also have audited the Company’s internal control over financial reporting as of August 31, [removed: 2024,] [added: 2025,] based on criteria established in [removed: *Internal] [added: Internal] Control – Integrated [removed: Framework* *(2013)*] [added: Framework (2013)] issued by the Committee of Sponsoring Organizations of the Treadway Commission.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of August 31, [removed: 2024] [added: 2025] and [removed: 2023,] [added: 2024,] and the results of its operations and its cash flows for each of the years in the three-year period ended August 31, [removed: 2024,] [added: 2025,] in conformity with U.S. generally accepted accounting principles.

Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of August 31, [removed: 2024] [added: 2025] based on criteria established in [removed: *Internal] [added: Internal] Control – Integrated Framework [removed: (2013)*] [added: (2013)] issued by the Committee of Sponsoring Organizations of the Treadway Commission.

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Report of Independent Registered Public Accounting Firm | | | F-3 | | |

- the estimated costs to complete in relation to progress [removed: towards] [added: toward] satisfying the Company’s performance obligations, based on internal and customer-facing information;

As discussed in Note 11 to the consolidated financial statements, the Company has [removed: $1,905] [added: $2,410] million of unrecognized tax benefits as of August 31, [removed: 2024.][added: 2025.]

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | Report of Independent Registered Public Accounting Firm | | | F-4 | | |

- analyzing the Company’s tax positions, including the methodology over [added: the] measurement of unrecognized tax benefits related to transfer pricing;

| [Table of [removed: Contents](#i2a746de89e024fc2a7c7f0ca79088e67_7)] [added: Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7)] | | | | | | Consolidated Financial Statements (In thousands of U.S. dollars, except share and per share amounts) | | | | | |

| ACCENTURE [removed: 2024] [added: 2025] FORM 10-K | | | | | | F-5 | | | | | |

August 31, [removed: 2024] [added: 2025] and [removed: 2023][added: 2024]

| | | | August 31, [added: 2025 | | | | | | | | | | | | August 31,] 2024 | | | | | | [added: | | | | | |] August 31, 2023 | | | [added: | | | | | | | | | August 31, 2025 | | | | | | August 31, 2024 | | | | | | August 31, 2023 | | |]

| [removed: Cash and cash equivalents |] [added: CASH AND CASH EQUIVALENTS, beginning of period] | | [removed: $] | 5,004,469 | | | | | [removed: $] | 9,045,032 | | [added: | | | | 7,889,833 | | |]

| Short-term investments | | | [removed: 5,396] [added: 5,945] | | | | | | [removed: 4,575] [added: 5,396] | | |

| Receivables and contract assets | | | [removed: 13,664,847] [added: 14,985,073] | | | | | | [removed: 12,227,186] [added: 13,664,847] | | |

| Other current assets | | | [removed: 2,183,069] [added: 2,430,942] | | | | | | [removed: 2,105,138] [added: 2,183,069] | | |

| Total current assets | | | [removed: 20,857,781] [added: 28,900,689] | | | | | | [removed: 23,381,931] [added: 20,857,781] | | |

| Contract assets | | | [removed: 120,260] [added: 180,362] | | | | | | [removed: 106,994] [added: 120,260] | | |

| Investments | | | [removed: 334,664] [added: 721,260] | | | | | | [removed: 197,443] [added: 334,664] | | |

| Property and equipment, net | | | [removed: 1,521,119] [added: 1,566,374] | | | | | | [removed: 1,530,007] [added: 1,521,119] | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| /s/ JENNIFER NASON | | | | | | Director | | |

| Jennifer Nason | | | | | | | | |

| /s/ MASAHIKO UOTANI | | | | | | Director | | |

| Masahiko Uotani | | | | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | | | | | | |

October 10, 2025

| Cash and cash equivalents | | | $ | 11,478,729 | | | | | $ | 5,004,469 | |

| Long-term debt | | | 5,034,169 | | | | | | 78,628 | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Consolidated Financial Statements (In thousands of U.S. dollars, except share and per share amounts) | | | | | |

| | | | | | | | | | | | | | | | | | | | | |

For the Years Ended August 31, 2025, 2024 and 2023

| COMPREHENSIVE INCOME | | | $ | 7,927,994 | | | | | $ | 7,609,673 | | | | | $ | 7,459,260 | |

For the Years Ended August 31, 2025, 2024 and 2023

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Consolidated Financial Statements (In thousands of U.S. dollars and share amounts) | | | | | |

For the Years Ended August 31, 2025, 2024 and 2023

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Consolidated Financial Statements (In thousands of U.S. dollars and share amounts) | | | | | |

For the Years Ended August 31, 2025, 2024 and 2023

| Net income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 7,678,433 | | | | | | | | | | | | 7,678,433 | | | | | | 153,967 | | | | | | 7,832,400 | | |

| Other comprehensive income (loss) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 89,363 | | | | | | 89,363 | | | | | | 6,231 | | | | | | 95,594 | | |

| Purchases of Class A shares | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,708 | | | | | | (4,614,969) | | | | | | (14,082) | | | | | | | | | | | | | | | | | | (4,611,261) | | | | | | (3,708) | | | | | | (4,614,969) | | |

| Cancellation of treasury shares | | | | | | | | | | | | | | | (1) | | | | | | (22,739) | | | | | | | | | | | | | | | | | | | | | | | | (771,268) | | | | | | 6,666,403 | | | | | | 22,739 | | | | | | (5,895,134) | | | | | | | | | | | | — | | | | | | | | | | | | — | | |

| Share-based compensation expense | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,974,575 | | | | | | 119,303 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,093,878 | | | | | | | | | | | | 2,093,878 | | |

| Issuances of Class A shares for employee share programs | | | | | | | | | | | | | | | | | | | | | 8,219 | | | | | | | | | | | | | | | | | | (1,933,220) | | | | | | 2,540,363 | | | | | | 761,165 | | | | | | 2,439 | | | | | | (15,625) | | | | | | | | | | | | 1,352,683 | | | | | | 1,070 | | | | | | 1,353,753 | | |

| Dividends | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 134,689 | | | | | | | | | | | | | | | | | | | | | | | | (3,831,366) | | | | | | | | | | | | (3,696,677) | | | | | | (3,492) | | | | | | (3,700,169) | | |

| Other, net | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,909 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,909 | | | | | | 11,851 | | | | | | 16,760 | | |

| Balance as of August 31, 2025 | | | $ | 57 | | | | | 40 | | | | | | $ | 14 | | | | | 657,965 | | | | | | $ | — | | | | | 302 | | | | | | $ | 2,790,652 | | | | | $ | 16,603,344 | | | | | $ | (7,751,973) | | | | | (36,149) | | | | | | $ | 21,018,731 | | | | | $ | (1,465,379) | | | | | $ | 31,195,446 | | | | | $ | 1,045,521 | | | | | $ | 32,240,967 | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Consolidated Financial Statements (In thousands of U.S. dollars) | | | | | |

For the Years Ended August 31, 2025, 2024 and 2023

Accenture is a leading solutions and global professional services company that helps enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed across the enterprise, bringing together our people, proprietary assets and platforms, and deep ecosystem relationships.

Through our Reinvention Services we bring together our capabilities across strategy, consulting, technology, operations, Song and Industry X with our deep industry expertise to create and deliver solutions and services for our clients.

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Notes to Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Notes to Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | | | | | |

| [Table of Contents](#i341ae3c2a1cd4bacaf55736d3d7bb2a9_7) | | | | | | Notes to Consolidated Financial Statements — (continued) (In thousands of U.S. dollars, except share and per share amounts or as otherwise disclosed) | | | | | |

Actions Initiated in Fiscal 2025

During the fourth quarter of fiscal 2025, we began implementing a refreshed three-pronged talent strategy to meet current and future client demand: investing in upskilling people, which has been and continues to be our primary focus; exiting people in a compressed timeline where reskilling is not a viable path for the skills we need; and identifying areas to drive even more operating efficiencies in our business, including through AI.

We recorded $615 million in business optimization costs during the fourth quarter of fiscal 2025.

| /s/ GILLES C. PÉLISSON | | | | | | Lead Director | | |

| Gilles C. Pélisson | | | | | | | | |

| /s/ BETH E. MOONEY | | | | | | Director | | |

| Beth E. Mooney | | | | | | | | |

October 10, 2024

| Loss on disposition of Russia business | | | — | | | | | | — | | | | | | (96,294) | | | | | |

| Balance as of August 31, 2021 | | | $ | 57 | | | | | 40 | | | | | | $ | 15 | | | | | 656,591 | | | | | | $ | — | | | | | 513 | | | | | | $ | 1,750,784 | | | | | $ | 8,617,838 | | | | | $ | (3,408,491) | | | | | (24,545) | | | | | | $ | 13,988,748 | | | | | $ | (1,419,497) | | | | | $ | 19,529,454 | | | | | $ | 567,660 | | | | | $ | 20,097,114 | |

| Net income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,877,169 | | | | | | | | | | | | 6,877,169 | | | | | | 111,791 | | | | | | 6,988,960 | | |

| Other comprehensive income (loss) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (770,845) | | | | | | (770,845) | | | | | | (20,186) | | | | | | (791,031) | | |

| Purchases of Class A shares | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,954 | | | | | | (4,111,266) | | | | | | (12,181) | | | | | | | | | | | | | | | | | | (4,107,312) | | | | | | (3,954) | | | | | | (4,111,266) | | |

| Share-based compensation expense | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,571,059 | | | | | | 108,730 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,679,789 | | | | | | | | | | | | 1,679,789 | | |

| Issuances of Class A ordinary shares for employee share programs | | | | | | | | | | | | | | | | | | | | | 7,970 | | | | | | | | | | | | | | | | | | (1,333,963) | | | | | | 1,943,912 | | | | | | 841,720 | | | | | | 3,292 | | | | | | (103,889) | | | | | | | | | | | | 1,347,780 | | | | | | 1,284 | | | | | | 1,349,064 | | |

| Dividends | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 103,502 | | | | | | | | | | | | | | | | | | | | | | | | (2,558,186) | | | | | | | | | | | | (2,454,684) | | | | | | (2,622) | | | | | | (2,457,306) | | |

| Other, net | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,858 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,858 | | | | | | (12,982) | | | | | | (3,124) | | |

| CASH AND CASH EQUIVALENTS, beginning of period | | | 9,045,032 | | | | | | 7,889,833 | | | | | | 8,168,174 | | |

Accenture is a leading global professional services company, providing a broad range of services and solutions across Strategy & Consulting, Technology, Operations, Industry X and Song.

We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability to help the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale.

| North America | | | $ | 68,201 | | | | | $ | 464,879 | | | | | | | | | | | | | |

| Growth Markets (1) | | | 121,515 | | | | | | 160,174 | | | | | | | | | | | | | | |

(1)During the first quarter of fiscal 2024, we revised the reporting of our geographic markets for the movement of our Middle East and Africa market units from Growth Markets to Europe, and the Europe market became our EMEA (Europe, Middle East and Africa) geographic market.

Business Combinations

Dispositions

During fiscal 2022, we disposed of our business in Russia, which was part of our Europe segment (now referred to as our EMEA segment).

The transaction resulted in a non-operating loss of $96,294, which was not deductible for tax purposes and did not have a material effect on our operations or financial results.

| North America | | | $ | 7,744,582 | | | | | $ | 1,145,007 | | | | | $ | (13,539) | | | | | $ | 8,876,050 | | | | | $ | 2,733,720 | | | | | $ | 5,124 | | | | | $ | 11,614,894 | |

| Growth Markets (1) | | | 1,209,858 | | | | | | 389,318 | | | | | | (54,372) | | | | | | 1,544,804 | | | | | | 594,095 | | | | | | 24,700 | | | | | | 2,163,599 | | |

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| Technology | | | | | | 289,989 | | | | | | (141,022) | | | | | | 148,967 | | | | | | 335,845 | | | | | | (183,182) | | | | | | 152,663 | | |

| Patents | | | | | | 123,579 | | | | | | (70,472) | | | | | | 53,107 | | | | | | 120,457 | | | | | | (72,518) | | | | | | 47,939 | | |

| Total | | | | | | $ | 3,320,963 | | | | | $ | (1,248,006) | | | | | $ | 2,072,957 | | | | | $ | 4,530,739 | | | | | $ | (1,626,708) | | | | | $ | 2,904,031 | |

| 2025 | | | | | | $ | 607,430 | |

| 2026 | | | | | | 544,229 | | |

| 2027 | | | | | | 481,008 | | |

| 2028 | | | | | | 449,784 | | |

| 2029 | | | | | | 344,094 | | |

| Thereafter | | | | | | 477,486 | | |

| Total | | | | | | $ | 2,904,031 | |

| 2025 | | | $ | 740,814 | | | | | $ | (11,774) | |

| 2026 | | | 627,170 | | | | | | (8,855) | | |