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Accenture reported $74.2 billion in FY26 revenue, up 5% in local currency, while TCS, Infosys, and Wipro reported results for the quarter ended June 30, 2026. For that quarter, their reported operating margins were 24.0%, 21.1%, and 16.0% for Wipro’s IT services segment, respectively. These are the latest reported results in this comparison, but they cover different periods and use measures that are not fully alike—so they are useful for context, not a like-for-like company ranking.
Results at a glance
| Company and period | Revenue and growth | Profitability | Demand, cash, or outlook |
|---|---|---|---|
| Accenture, FY26 | $74.2 billion; up 5% in local currency | 15.8% adjusted operating margin; adjusted EPS of $13.97 | FY27 outlook: 3%–6% local-currency revenue growth, 15.9%–16.1% adjusted operating margin, and $11.0 billion–$11.8 billion free cash flow. Company results; company outlook. |
| TCS, Q1 FY27, quarter ended June 30, 2026 | $7.624 billion; up 2.7% year over year | 24.0% operating margin; 19.2% net margin | $9.5 billion total contract value; $1.310 billion net cash from operations. Company results. |
| Infosys, Q1 FY27, quarter ended June 30, 2026 | $5.082 billion; up 2.4% year over year in constant currency | 21.1% operating margin | $3.6 billion large-deal TCV; FY27 revenue growth guidance of 1.5%–3.0% and operating margin guidance of 20%–22%. Company results. |
| Wipro, Q1 FY27, quarter ended June 30, 2026 | ₹244.8 billion gross revenue; IT services revenue of $2.6145 billion, up 0.9% year over year in constant currency | 16.0% IT services operating margin | $1.626 billion large-deal bookings. Company results. |
Which company grew faster?
Accenture’s 5% local-currency growth is the strongest headline growth figure shown here, but it covers a full fiscal year. The three peer figures are for one quarter, and only Infosys and Wipro’s cited rates are explicitly stated in constant currency; TCS’s reported year-over-year rate is 2.7%. The different periods and growth definitions mean these percentages do not establish which company is growing faster on a comparable basis.
Within the June quarter, Infosys reported 2.4% year-over-year growth in constant currency, slightly ahead of Wipro IT services at 0.9% in constant currency. TCS reported 2.7% year-over-year growth, but its figure is not identified as constant-currency growth in the cited result. These rates describe the companies’ reported figures, not a fully standardized comparison.
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TCS has the highest operating-margin figure among the three June-quarter peers at 24.0%, followed by Infosys at 21.1% and Wipro IT services at 16.0%. Accenture’s FY26 adjusted operating margin was 15.8%. This is a directional comparison rather than a clean ranking: Accenture’s figure is adjusted and covers a full year, whereas the others are quarterly figures, and Wipro’s applies to its IT services segment rather than necessarily the whole group.
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Margin comparisons matter because “operating margin” can depend on the reporting scope and adjustments used. Accenture’s adjusted margin should not be treated as identical to an unadjusted operating margin. Likewise, Wipro’s segment margin should remain labeled as IT services rather than being presented as a group-wide figure.
What do the deal and cash figures say?
The companies reported different demand indicators: TCS disclosed total contract value (TCV), Infosys reported large-deal TCV, and Wipro disclosed large-deal bookings. These figures use different scopes or definitions, so they should not be lined up as if they measured the same pool of work. They also are not revenue: a contract or booking may be delivered and recognized over time.
TCS additionally reported $1.310 billion in net cash from operations for Q1 FY27. Accenture’s $11.0 billion–$11.8 billion FY27 free-cash-flow range is a full-year outlook, not a quarterly cash result, so it is not directly comparable with TCS’s quarterly operating-cash figure.
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Accenture guided for FY27 local-currency revenue growth of 3%–6% and an adjusted operating margin of 15.9%–16.1%. Infosys guided for FY27 revenue growth of 1.5%–3.0% and an operating margin of 20%–22%. These outlooks use different margin descriptions, and no comparable FY27 guidance for TCS or Wipro was published.
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Accenture’s FY27 free-cash-flow outlook is $11.0 billion–$11.8 billion. It is a forecast range, not a reported cash result.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why this is not a same-period ranking
Accenture’s figures here are for FY26, while the TCS, Infosys, and Wipro figures are for Q1 FY27, the quarter ended June 30, 2026. A comparison of all four companies for the same quarter would require Accenture’s corresponding Q1 FY27 results, which are not included in the latest results used here. Keep the period beside each figure, and distinguish reported revenue, constant-currency growth, adjusted margins, segment margins, bookings, TCV, and cash-flow measures when drawing conclusions.
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