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Firm Management

Deloitte Nearly Hits $65 Billion Revenue Mark in 2023

Deloitte's record $64.9 billion in revenue in FY 2023 is a 9.3% increase over last year's total of $59.3 billion.

Deloitte recorded a record $64.9 billion in global revenue during its 2023 fiscal year that ended on May 31, virtually locking up the top spot for another year as the world’s biggest accounting firm.

PwC, which had $50.3 billion in global revenue in 2022, and EY, which reported $45.4 billion in global revenue last year, will release their 2023 numbers within the next month. KPMG, the last of the Big Four with $34.6 billion in global revenue in 2022, will release its 2023 revenue results in December.

Joe Ucuzoglu

Deloitte’s 2023 revenue increased 9.3% over last year’s total of $59.3 billion.

“In an environment of increasing complexity and an accelerated pace of technology-driven change around the globe, Deloitte’s unrivaled breadth of expertise within our multidisciplinary model continues to differentiate us in the marketplace,” Deloitte Global CEO Joe Ucuzoglu said in a press release. “This is an environment that places increasing value on diversity of thought and interdisciplinary solutions, playing directly to our strengths. Amidst transformative advances in technology and a dynamic economic and geopolitical landscape, our people take great pride in upholding the public’s trust and helping clients and communities successfully navigate many of the most complex challenges of our time.”

Among the regions, the Americas grew the fastest at 17.5%, followed by EMEA (Europe, Middle East, and Africa) at 12.6%.

Consulting revenue grew the most among Deloitte’s core businesses at 19.1% in local currency terms, followed by risk advisory at 17.5%, audit and assurance at 13.8%, tax and legal at 9.1%, and financial advisory at 4.7%.

Over the past 12 months, the firm’s global workforce increased from 411,951 to approximately 457,000.