Accenture's stock price soared on Thursday, following the company's release of fourth-quarter results for fiscal year 2026 that exceeded expectations.

The consulting giant reported earnings of $3.29 per share and revenue of $18.68 billion in the fourth fiscal quarter. LSEG The consolidated market expectations were $3.18 per share and revenue of $18.03 billion, respectively.

The stock soared by over 22% at one point. FactSet data indicates that this means it is on track to record the largest single-day increase in history.

In the full-year performance for the fiscal year 2026, the adjusted earnings per share were $13.97, representing a year-over-year increase of 8%; revenue amounted to $74.2 billion, with a year-over-year growth of 6%.

Accenture Chairman and CEO Julie Sweet stated in a press release on Thursday: "These results reflect our customers' ongoing trust in us to help them reshape and create value; they also reflect the high level of innovation we bring every day, as well as Reinventors's extraordinary commitment to customer success." She also mentioned that all segments of the business achieved broad growth and returned a record amount of cash to shareholders.

The company also announced that it had set a record with large customer orders worth $100 million or more. In addition, Accenture raised its quarterly dividend by 5% to $1.71 per share, with the ex-dividend date being November 13th.

For the fiscal year 2027, Accenture expects revenue and adjusted earnings per share to grow by 3% to 6% year-over-year.

Despite a significant rise on Thursday, the stock has still fallen by more than 18% since the beginning of the year, due to market concerns that artificial intelligence will disrupt its key business segments.