Discontinued — last reported Q1 '24
Financial Services — Total Revenues
Accenture Financial Services — Total Revenues increased by 3.1% to $2.89B in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.8%, from $3.14B to $2.89B. Over 2 years (FY 2021 to FY 2023), Financial Services — Total Revenues shows an upward trend with a 10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong demand for digital transformation and consulting services within the financial sector, while a decrease may signal reduced IT spending or increased competition in this vertical.
Detailed definition
This metric represents the total gross revenue generated by the company's dedicated business unit serving the financial...
Peer comparison
Peers in the IT services and consulting industry typically report revenue by vertical, allowing for benchmarking against competitors' exposure to financial services clients.
acn_segment_financial_services_total_revenuesHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.60B | $2.61B | $2.92B | $2.87B | $3.08B | $2.94B | $2.96B | $3.00B | $3.14B | $3.03B | $3.03B | $2.81B | $2.89B |
| QoQ Change | — | +0.5% | +11.7% | -1.6% | +7.2% | -4.5% | +0.8% | +1.3% | +4.5% | -3.5% | +0.2% | -7.4% | +3.1% |
| YoY Change | — | — | — | — | +18.6% | +12.6% | +1.6% | +4.6% | +1.9% | +2.9% | +2.4% | -6.5% | -7.8% |
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Frequently Asked Questions
- What is Accenture's financial services — total revenues?
- Accenture (ACN) reported financial services — total revenues of $2.89B in Q1 2024.
- How has Accenture's financial services — total revenues changed year-over-year?
- Accenture's financial services — total revenues decreased by 7.8% year-over-year, from $3.14B to $2.89B.
- What is the long-term trend for Accenture's financial services — total revenues?
- Over 2 years (2021 to 2023), Accenture's financial services — total revenues has grown at a 10.5% compound annual growth rate (CAGR), from $9.93B to $12.13B.
- What does financial services — total revenues mean?
- The total revenue earned from providing professional services to clients in the banking, insurance, and capital markets sectors.