S&P 5007,709.96▼0.2% Nasdaq26,348.35▼0.1% Dow53,885.10▼0.8% Russell 2K3,001.55▼0.6% 10-Yr4.67%+5bp VIX15.15−0.66 WTI$78.07▲3.8% Gold$4,292.00▲1.1% EUR/USD1.152▼0.3% BTC$64,800▲0.8% Nikkei65,101▼1.8%
At close · Fri, Aug 7, 2026
Daily Market Updates.

Earnings

HomeEarningsPreviewsAccenture and ADP show single-digit growth as AI servi…

Accenture and ADP show single-digit growth as AI services gain traction

Both companies reported quarterly net income margins around 13% at Accenture for the period ended May 31, 2026 and about 18% at ADP for the period ended June 30, 2026.

Accenture and Automatic Data Processing have continued to post steady annual revenue growth at single-digit rates, as investors focus on how artificial intelligence is beginning to shape their service offerings, according to Yahoo Finance. The article frames AI as a potential growth driver but not yet a clear accelerator versus their historical pace.

Accenture, which earns revenue through strategy, consulting, technology, and operations services, highlighted cybersecurity expansion via acquisitions and new partnerships, and reported an approximately 13% net income margin for the quarter ended May 31, 2026. The company is also targeting a more than $240 billion addressable market through the launch of Accenture Edge, which provides cybersecurity solutions aimed at mid-sized organizations.

Automatic Data Processing, which provides cloud-based human capital management and payroll outsourcing, reported an approximately 18% net income margin for the quarter ended June 30, 2026. The company launched a new Canadian wage tracking tool and, per the article, experienced no major adverse events, while also pointing to demand for The Zone, its AI-powered service platform that works alongside ADP Assist.

Yahoo Finance also notes that ADP Assist has more than 3 million unique active users, underscoring continued growth opportunities as AI reshapes the corporate workplace. Even with traction in AI-related services, the piece says both firms are growing at similar revenue growth rates as before, keeping their relative revenue gaps roughly even.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.