EY reveals US$53.2bn global revenue in FY25

During the 2025 financial year, amid geostrategic and technological change, EY Global clocked in its combined revenue of US$53.2 billion, a 4 per cent increase in local currency from the previous year.

According to the firm, the increase in revenue came as a result of investment in capabilities and provided solutions that helped clients navigate emerging challenges and “unlocked opportunities” to shape sustainable and profitable futures.

In local currency, the results highlighted a 5.5 per cent tax growth, a 5.2 per cent increase in consulting, a 3.5 per cent growth in assurance, as well as growth in the firm’s strategy and transactions brand, EY-Parthenon.

Janet Truncale, EY Global chair and chief executive, said the firm’s compound annual growth rate between FY20 and FY25 was measured at 8.2 per cent.

“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,” she said.

“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.”

As more and more accounting firms and practices embrace the AI wave and workflow transformation, EY noted its AI-related revenue had grown by 30 per cent and ranged from delivering enterprise-wide transformations to AI governance frameworks.

The firm said these helped drive its responsible implementation of AI and more than 15,000 of its people worked on AI-led projects for clients on the consulting and EY-Parthenon service lines.

EY cited it had, and would, continue to invest more than US$1 billion to develop AI platforms and products such as its own AI platform, EY.ai.

With this combined revenue announcement, the firm also flagged the milestone of its US$1 billion assurance technology investment, which allows for AI to be scaled over 160,000 audit engagements globally through more than 130,000 EY assurance professionals.

In its revenue announcement, EY’s commitment to improving and guiding clients on sustainability measures was also noted, with the firm having dedicated climate change and sustainability services teams and sustainability knowledge across its tax, assurance, financial services and consulting teams.

“With this effort, nearly 30,000 EY professionals worked on more than 25,000 client sustainability engagements in FY25. Three hundred thousand sustainability courses have been delivered to EY people to hone skills and better serve clients,” EY said.

It was also revealed that EY had reduced emissions intensity per dollar of revenue by 54 per cent and emissions per person by 52 per cent from its 2019 baseline, making the 2025 financial year the third consecutive year of emission reductions across most of its core operations.

The firm said it would continue to strive towards remaining a “people-powered business”, leaning into the developments and progress of AI and sustainability.