Accenture's revenue miss and guidance cut signal a structural reckoning for enterprise IT consulting
Accenture's Q3 FY2026 revenue miss and guidance cut to 3-4% growth sent shares tumbling 16%, the steepest single-day drop in years. A double squeeze from DOGE-driven federal spending cuts and AI automation eating into traditional consulting work is now showing up in actual financial results, making this the clearest signal yet that structural change in enterprise IT services is real and measurable.