Accenture in its latest earnings has disclosed its annual Gen AI booking to have reached $5.9bn in FY25, nearly double that of last year’s $3 billion. To put into perspective, the GenAI booking now constitute more than total FY 25 revenues of 3 mid-tier firms Mphasis, Coforge, and Persistent. Accenture saw its revenue rise to $69.7 billion from $64.9 billion, an increase of 7% YoY. However, the overall bookings in FY25 saw a decline.

The company, which follows a September–August fiscal calendar, saw its total new bookings marginally drop from $81.2 billion last year to $80.6 billion this year. The cost optimisation programme being undertaken will also cost Accenture $250 million in Q1FY26, apart from the charge of $615 million recorded in Q4FY25, taking the total cost of the 6-month exercise to $865 million. This includes divestiture of two acquisitions and severance costs associated with employees who are being laid off under the structuring process.

At the earning call, Julie Sweet, chair and chief executive officer of Accenture, clarified that the Gen AI bucket includes only Gen AI, agentic AI and physical AI, and not data, classical AI or AI used in delivery of services. “Our early and decisive decision in FY23 to invest significantly to become the leader in Gen AI with a $3 billion multi-year investment is clearly paying off as we capture this new area of spend for our clients. In FY25, we tripled our revenue over FY24 from Gen AI and increasingly agentic AI to $2.7 billion,” she said.

On the talent ramp up in AI, she said that as opposed to around 40,000 AI and data professionals with roughly 30 people working on a handful of Gen AI projects with negligible revenue in FY23, currently it has nearly 77,000 AI and data professionals. “We've worked on more than 6,000 advanced AI projects just this year, and we delivered meaningful revenue in FY25. We're also in the process of equipping all of our reinventors with the latest AI skills. Over 550,000 of our reinventors are already trained in the fundamentals of Gen AI,” Sweet added.

On the concerns with respect to the H-1B fee hike starting 2026, the company sees no big impact. “H-1B visas are really a non-issue for us because we only have about 5% of our people in the U.S. on H-1B visas. So, it is not something that really has a big impact on Accenture,” Sweet added.