EY reported global revenue of $53.2 billion for the fiscal year ending June 2025, an increase of 4% in local currency terms and 3.9% in U.S. dollar terms from the previous year, the Big Four accounting firm announced on Oct. 15.
The firm posted revenue of $51.2 billion for its 2024 fiscal year.
EY is the second of the Big Four to release its global revenue totals for 2025. Earlier this month, Deloitte, the largest accounting firm in the world and in the U.S. by revenue, reported $70.5 billion for its fiscal year that ended May 31. EY is the third-largest accounting firm in the world and in the U.S. in terms of total revenue.
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PwC should release its 2025 global revenue results before the end of this month, while KPMG usually releases its revenue numbers in December.
Within EY’s financial results, tax services achieved growth of 5.2% in U.S. dollar terms to $12.7 billion, consulting services experienced a 5.1% increase to $16.4 billion, assurance services showed a 3.3% increase to $17.9 billion, and growth in EY-Parthenon, the brand under which strategy and transactions services are provided, was flat at $6.2 billion.
Between FY 2020 and FY 2025, the compound annual growth rate was 8.2%.
The EMEIA (Europe, Middle East, India, and Africa) region saw the biggest year-over-year revenue growth at 6.3%, followed by the Americas region at 2.5% and the Asia-Pacific region at 2.1%.
“In today’s rapidly changing business environment, EY teams are focused on helping clients innovate with confidence and create new value—by strengthening trust in capital markets, delivering managed services, and supporting clients with complex tech-enabled transformations,” EY Global Chair and CEO Janet Truncale said in a statement. “Now in its second year, the EY ‘All in’ strategy reinforces a commitment to AI-powered solutions, deeper industry alliances, and continuous learning and development for EY people. Together, EY teams are helping deliver value for clients, people, and society.”
In FY 2025, AI-related revenue grew by 30%—ranging from delivering enterprise-wide transformations to AI governance frameworks that help drive the responsible implementation of AI, the firm said. More than 15,000 EY people worked on AI-led projects for clients in the consulting and EY-Parthenon service lines.
“The unifying AI platform, EY.ai, continues to evolve and combine domain knowledge with strategy, transformation, risk, assurance, and tax to reimagine the enterprise through bold AI-powered transformation,” EY said in a media release on Wednesday. “Each year EY invests more than $1 billion to develop AI-first platforms and products. This includes 1,000 AI agents and the deployment of more than 100 internal AI applications, delivering both insights and automation for clients.”
EY also recently announced the latest milestone in its $1 billion assurance technology investment—a new series of capabilities that bring AI at scale to more than 160,000 audit engagements globally, through more than 130,000 EY assurance professionals.
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EY has a total global headcount of 406,209, up 3.4% from 393,025 in FY 2024. The EMEIA region has the most EY professionals at 162,249, followed by the Americas region with 92,030.
Photo credit: BrasilNut1/iStock
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Tags: Accounting, accounting firms, EY, Firm Management, firm revenue, revenue
