The third-largest accounting firm in the world saw its revenue increase by 7% in U.S. dollar terms this year.
EY announced Thursday financial year 2026 revenue of $57 billion—$56.969 billion, to be exact—for the year ending June 30, a 4.7% increase in local currency terms. The Big 4 firm reported revenue of $53.2 billion in FY 2025.
“This fiscal year’s results demonstrate the strength of bringing EY teams and alliance partners together to accelerate value creation and turn disruption into sustained growth,” EY Global Chair and CEO Janet Truncale said in a statement.
EY is the second of the Big Four to release its global revenue results for 2026. Last month, Deloitte, the largest accounting firm in the world and in the U.S. by revenue, reported $74.5 billion for the year ending May 31, a 3.8% increase in local currency terms and 5.7% increase in U.S. dollar terms from FY 2025.
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EY-Parthenon, the organization’s strategy and transactions arm, recorded the strongest growth at 9.6% in U.S dollars terms to $6.8 billion. Tax revenue increased 8.6% to $13.8 billion, followed by consulting, up 6.3% to $17.4 billion, and assurance, which grew 5.8% to $18.9 billion.
The region with the biggest year-over-year revenue increase was EMEIA (Europe, Middle East, India, and Africa) at 10.1% in U.S. dollar terms to $23.2 billion, followed by Asia-Pacific with 5.8% growth to just under $7.8 billion and the Americas with a 4.8% increase to $25.9 billion.
“[W]hat differentiates EY is our ability to bring the full strength of our globally connected network to every client—across service lines, industries, geographies, delivery models and our 119 alliance and ecosystem partners,” Truncale said in the introduction of the firm’s EY Value Realized 2026 report, which was also released on Oct. 8. “When we collaborate seamlessly, we move faster, build trust and solve bigger problems for all our stakeholders.”
During FY 2026, EY said it invested $448 million in training and development, including new learning programs focused on artificial intelligence and other emerging technologies, leadership, and other future-focused skills.
EY professionals completed 5.2 million hours of formal AI-related learning and earned more than 40,000 AI learning accreditations through EY Badges, the firm’s credentialing and continuous learning platform, with 104,000 more in progress. Across all areas of learning and development, EY professionals completed 26.6 million hours of formal learning, compared with 24.6 million in FY 2025, the firm says.
At the close of FY 2026, 203,000 EYers held Microsoft Copilot licenses, and that number has since risen to 381,000.
Sales from AI services grew by 49%, as EY clients moved AI projects beyond experimentation toward enterprise-wide transformation.
“Clients are moving from experimenting with AI to redesigning how their businesses operate. Growth in demand for AI-related services reflects that shift, as organizations increasingly prioritize approaches that combine technology with deep industry knowledge, trusted relationships and human judgement,” Truncale said.
EY grew its headcount worldwide by 2.2%, from 406,209 in FY 2025 to 415,182 in FY 2026.
Photo credit: Ernst & Young
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Tags: Accounting, accounting firms, EY, Firm Management, firm revenue, revenue
