EY announces global revenue of US$53.2b for fiscal year 2025

• 4.0% increase in local currency boosted by growth from AI-led initiatives and alliance ecosystems
• Five-year CAGR (from FY20-FY25) of 8.2%
• Grows AI-related revenue by 30% year-on-year
• Latest ‘EY Value Realized’ report updates on EY progress in helping create new value for clients, people and society

The EY global organization (EY) today announces combined global revenues of US$53.2b for the fiscal year ending June 2025 (FY25), an increase of 4.0% in local currency from FY24.

In a year characterized by geostrategic change and technological transformation, EY invested in market-leading capabilities and provided solutions that help clients navigate emerging challenges and unlock opportunities to shape their futures with confidence. 

Within the financial results, Tax achieved growth of 5.5% in local currency (US$12.7b); Consulting experienced a 5.2% increase in local currency (US$16.4b); Assurance showed a 3.5% increase in local currency (US$17.9b); and growth in EY-Parthenon, the brand under which Strategy and Transactions services are provided, was flat (US$6.2b). Between FY20 and FY25, the compound annual growth rate (CAGR) was 8.2%. 

Today also sees the release of EY Value Realized 2025, the integrated EY annual report covering the organization’s financial and non-financial performance, including strategic collaborations and sustainability initiatives and disclosures.

Janet Truncale, EY Global Chair and CEO, says:

“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. 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.”

Transforming through AI and technology

In FY25, AI-related revenue grew by 30% – ranging from delivering enterprise-wide transformations to AI governance frameworks that help drive the responsible implementation of AI. 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. Each year EY invests more than $US1b 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 US$1b Assurance technology investment – an industry-leading series of capabilities that bring AI at scale to over 160,000 audit engagements globally, through more than 130,000 EY Assurance professionals. 

Meeting changing client demands

This year, EY expanded EY-Parthenon services, unifying the organization’s Strategy and Transactions Service Line under a single, distinctive sub-brand that reflects market demand around strategy, transaction services and broader organizational transformation. 

In FY25, EY also launched EY Studio+ to provide integrated offerings to help clients across all aspects of design, sales, marketing and customer experience. EY Studio+ teams comprise 7,000 professionals from 37 specialist companies acquired by EY network members in recent years, along with organically grown EY businesses. 

Harnessing strong ecosystems

EY works with ecosystems of strategic relationships and alliances to bring clients the technology, capabilities and insights needed to help transform at speed and scale. Over the past decade, EY has built more than 100 alliances and ecosystem relationships. In the last five financial years, EY has grown its alliance partner revenues at 28% CAGR and, collectively, alliances and ecosystems supported 55% of overall EY revenue growth in FY25. 

In collaboration with NVIDIA, EY launched the EY.ai Agentic Platform in March 2025, providing custom frameworks for designing and deploying responsible agentic AI solutions for EY teams and clients. The first wave of deployment will integrate AI agents with tax professionals to support more than 3m tax compliance deliverables and help reshape over 30m tax processes in the coming year.

EY and IBM are also working together to help businesses rethink tax compliance and reporting with an enterprise-grade generative AI agent designed to scale productivity and deliver greater business value. This collaboration resulted in the development of EY.ai for tax, built with IBM watsonx, which helps address data-related challenges that can limit workflow automation. 

Guiding clients on sustainability

With dedicated Climate Change and Sustainability Services (CCaSS) teams and sustainability knowledge embedded across EY Tax, Assurance, Financial Services and Consulting teams, 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 has reduced emissions intensity per dollar of revenue by 54% and emissions per person by 52%, from its 2019 baseline. FY25 marked the third consecutive year of emission reductions across most core operations (Scope 1 and 2). 

Helping empower professional growth and world-class experiences

EY has always been, and remains, a people-powered business. The around 400,000 EY professionals worldwide are the organization’s greatest asset. This year, EY rolled out a Career Agility program, offering world-class flexibility and career opportunities; in the past year, over 4,000 EY people participated in international assignments across 1,200 different home/host city combinations. 

As AI increasingly becomes an integral part of learning pathways, learning and development remains a key facet of the EY talent strategy. For example, the EY Badges program provides more than 275 badges designed to develop future-focused skills including leadership, AI, technology and business. Since its launch in 2017, the program has awarded more than 693,000 badges to EY professionals.

Helping create meaningful community impact

EY Ripples also provides EY people with opportunities to create meaningful social impact. Since its launch in 2018, over 253m lives have been positively impacted globally. In FY25, EY people spent nearly 883,000 hours in community initiatives, and EY Ripples collaborated with more than 55 clients and alliance partners. 

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About EY

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

EY FY25 June YTD Global revenues and headcount

EY revenues by EY Service Line – US$ millions

EY revenues by EY Geographic Area – US$ millions

EY people by EY Service Line¹

EY people by EY Geographic Area

Basis of presentation:

Revenues are aggregated revenues of the individual EY member firms that have been combined for presentation purposes and include expenses billed to clients. For purposes of reporting combined global revenues, revenues between EY member firms have been eliminated. Headcount numbers reflect personnel as at the end of June of each financial year.

Global Entities in the People Section represents Global services and functions including the EY Global Delivery Services (GDS) entities. GDS entities support EY member firms across the world by providing support capabilities to their client-serving account teams as well as internal enablement support services.