During its fiscal second-quarter earnings call, Accenture’s CEO, Julie Sweet, reported that tightened U.S. federal spending is negatively impacting the company’s revenue. The Federal Services division, which accounted for approximately 8% of Accenture’s global revenue and 16% of its Americas revenue in fiscal year 2024, has experienced a slowdown in new procurement actions. ​

The General Services Administration has instructed federal agencies to review contracts with the top 10 highest-paid consulting firms, including Accenture, and terminate non-essential agreements. ​

These developments have led to increased uncertainty among Acc