2025 global revenue for BDO reached $11 billion for the financial year ending Sept. 30, a 4% increase from last year, the accounting firm said Dec. 10.
Including alliance firms, BDO’s global revenue exceeded $16 billion, a 7% year-over-year increase.
“It has been another year of solid performance and progress. While we continue to operate in a complex global landscape, with ever-shifting industry dynamics, we see significant opportunity ahead,” BDO Global CEO Pat Kramer, whose term ends in November 2026, said in a statement. “During periods of flux, businesses value trust. Our multidisciplinary approach is anchored in an uncompromising focus on quality. With a commitment to maintain independence, we will continue to deliver secure, long-term value for our clients through a sustainable and future-ready organization.”
Despite challenging market conditions this year, including inflationary pressures, tighter capital markets, and reduced client spending in several sectors, performance by region stayed relatively even, BDO said.
- Europe, Middle East and Africa (EMEA): Revenues were up by 7%, notably including strong growth in France, Germany, the Netherlands, and Switzerland.
- Asia Pacific (APAC): Revenue growth was stable at 3%, highlighted by strong performance in India, Australia, and Singapore.
- Americas: Revenues were flat across the region, with growth recorded in the United States.
BDO said its member accounting firms also reported steady growth across all service lines—particularly those with high-growth sub-services—notably led by tax at 7% and advisory at 4%. Audit and assurance and business services and outsourcing saw increases of 3% and 2%, respectively.
In 2025, BDO outlined a global digital and technology investment of $1 billion over several years to enhance global capabilities and solutions for clients.
Innovation across BDO is being accelerated with a suite of advanced technologies designed to enable intelligent automation, improve efficiency, and unlock insights, the firm said. Significant investments have been made incorporating AI-driven tools, including:
- Microsoft Azure AI services and Copilot Agents to streamline complex workflows, freeing up time for higher-value client work.
- Microsoft Fabric and Foundry IQ to unify analytics and deliver real-time, AI-powered insights, improving forecasting, resource planning, and advisory services for clients.
- Microsoft Security Copilot and governance tools, including Agent 365 and Foundry Control Plane, to ensure safe, compliant operations and strengthen the protection of client data.
“Investment in BDO’s Digital Audit Suite represents one of the most significant enablers of the organization’s future success. By integrating advanced technology, data analytics, and automation into a single connected platform, audits are being transformed, enhancing quality and consistency, and the efficiency of over 40,000 audit and assurance professionals across the global network,” BDO said in a media release. “Additionally, strategic tax technology investments provide advanced insights to help global clients strengthen their resilience amid rising regulatory complexity.”
Earlier this year, BDO announced that its member firms would remain independent of private equity investment to “ensure a strong and sustainable future for the global organization, its clients, and its people.”
With an ongoing focus on international business growth, global integration across the BDO network is a key priority, with accelerated consolidation among member firms. BDO said this move “aims to leverage regional strengths, enhance go-to-market collaboration, and enable the network to serve an increasingly international and complex client base.”
In November it was announced that BDO’s member firms in the U.K. and Ireland are in advanced merger talks. The network said the move would “strengthen BDO’s audit, tax, consulting, and risk capabilities in the region, building on decades of collaboration to deliver integrated operations and client solutions.”
The new organization would bring together the Irish offices in Dublin and Limerick with the U.K. firm’s existing 18 locations, creating an international business with revenues of nearly £1.1 billion and 8,500 employees. The enlarged firm would have 542 partners.
The network also announced that Trond-Morten Lindberg will succeed Kramer as BDO Global CEO. Currently BDO’s chief strategy and operations officer, Lindberg is said to have been instrumental in shaping BDO’s strategy and driving alignment, consistency, and execution across the accounting firm’s global operations.
“I’m immensely proud to take on this role at an important juncture for BDO and our industry,” he said in a statement. “By accelerating integration among our firms, investing in technology, and strengthening global collaboration, BDO is evolving for the future. We’re committed to secure sustainable growth and deliver greater value to our clients.”
BDO’s headcount is currently at more than 94,900 across 870 offices globally.
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Tags: Accounting, accounting firms, bdo, Firm Management, firm revenue, revenue
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