
EY has reported that its global revenue reached $57bn, equivalent to £43bn, representing a near five per cent increase over the previous financial year. The firm attributed this growth primarily to a significant surge in demand for artificial intelligence services, which saw sales rise by nearly 50 per cent during the period. This performance positions the accounting giant as a key beneficiary of the current technological shift within the professional services sector.
The strategy division, EY-Parthenon, led the growth across all service lines with a seven per cent increase. Tax services followed with a six per cent rise, while consulting grew by over four per cent and assurance by three per cent. To support these developments, the firm invested $448m in training and development during 2026, with a specific focus on AI capabilities. Janet Truncale, EY global chair and chief executive, stated that the results demonstrate the strength of combining EY teams with alliance partners to accelerate value creation and turn disruption into sustained growth.
The announcement comes amid broader industry changes, including a recent incident where EY withdrew a study on loyalty rewards programmes after it was found to contain AI hallucinations and fake footnotes. Competitor Deloitte recently reported global revenue of $74.5bn, despite a decline in its technology division. In the UK, PwC saw revenue grow to £4.365bn, while Deloitte UK reported a two per cent increase to £5.81bn for the year ended 31 May 2026.
The following content has been published by Stockmark.IT. All information utilised in the creation of this communication has been gathered from publicly available sources that we consider reliable. Nevertheless, we cannot guarantee the accuracy or completeness of this communication.
This communication is intended solely for informational purposes and should not be construed as an offer, recommendation, solicitation, inducement, or invitation by or on behalf of the Company or any affiliates to engage in any investment activities. The opinions and views expressed by the authors are their own and do not necessarily reflect those of the Company, its affiliates, or any other third party.
The services and products mentioned in this communication may not be suitable for all recipients, by continuing to read this website and its content you agree to the terms of this disclaimer.