CLAIM #3835 · Accenture plc (ACN) · 2026Q1 earnings call · Dec 18, 2025 · due Feb 28, 2026
“And then second is that we had higher gains on investment in Q2 of last year, and we don't expect the same for this year.”
Angie Park · CFO
In context
“d with the 30 basis points of op margin expansion that we posted this quarter. Which was in line with our expectations. And certainly, our operating margin is affected by the level of investments that we do throughout the year. And so we're really pleased that we're reconfirming the 10 to 30 basis points for the full year. As it relates to EPS, I do want to make one point. Really pleased with the 10% growth that we posted this quarter, strong operational results, op margin expansion as well as gains on investments. But there's one thing that I do two things that I wanna call out as it relates to Q2 specifically. For your awareness and how we're thinking about it. First is that we expect our tax rate in Q2 to be above our full year guided range due to the tax impact of equity compensation. And then second is that we had higher gains on investment in Q2 of last year, and we don't expect the same for this year. But importantly, there's no change to our overall adjusted our full year guidance for adjusted op margin, tax, or EPS, this is really timing. Angie Park: Thank you. Operator, we have time for one more question, then Julie can wrap up the call. Operator: Absolutely. And our final question comes from Dave Koning at Baird. Please go ahead. Dave Koning: Yeah. Hey, guys. Thanks so much. The Health and Public Services growth was sequentially, I think up 7% the strongest or I think second strongest in twelve years. So, very, very good. Is a lot of that just the federal spending headwind dissipating from Q4 into Q1? Was that a lot of it just getting better than normal? Or is it just underlying health and federal spending? Angie Park: Hi, David. Good morning. And so as it relates to our health and”
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SEC filings for ACN ↗ · Claim quote is verbatim from the 2026Q1 earnings call.