PwC Statistics 2026: Revenue, Headcount and UK Results

PwC firms reported record gross revenues of $56.9 billion for the 12 months ending 30 June 2025, the headline figure in the latest PwC statistics. Revenues grew by 2.7% in local currency and 2.9% in US dollars, while the network counted 364,782 people, down from 370,393 at the end of FY24.

PwC’s network year closes on 30 June, and the FY26 global release has not landed yet. Until it does, FY25 network data and PwC UK’s FY26 results answer 2026 revenue questions. PwC UK reported FY26 group revenue of £6.155 billion, down 3% on the previous year, even as UK distributable profit per partner increased 8% to £935,000. Regional revenue, service lines, headcount, investment, Big Four comparisons and the regulatory record follow below.

Key Takeaways

• Americas revenue per person came to about $306,985, roughly 4.7 times the $64,657 in Asia Pacific.
• About 14.3% of PwC’s people work in Internal Firm Services rather than in a client-facing line of service.
• Network headcount fell by 5,611 people in FY25, yet gross revenue still rose 2.9% in US dollars.
• Advisory generated 42.8% of gross revenue, ahead of Assurance and Tax and Legal.
• PwC UK’s group average headcount fell by 4,224 in FY26, a drop of about 11.9%.
• Gross revenue grew 13.1% between FY22 and FY25.
• Revenue per person of about $156,170 sits above EY’s about $130,967 and KPMG’s about $144,187.

Editor’s Choice

• Gross revenue: $56,968 million in FY25.
• Net revenue: $54,453 million.
• People: 364,782 in the global network.
• Clients: 175,004 across the global network.
• Fortune Global 500 coverage: 82% of the Fortune Global 500.
• Network investment: $3.1 billion invested across the network, including 12 acquisitions and strategic investments.
• PwC UK profit per partner: £935,000 in FY26.

PwC Statistics on Global Revenue 2026

• Gross revenue rose by $1,587 million year over year in FY25, according to PwC’s Global Annual Review 2025.
• Net revenue kept about 95.6% of gross revenue once client-assignment expenses and disbursements were stripped out.
• The FY25 period covers the 12 months ending 30 June 2025, and PwC calls the result a new high of $56.9 billion.
• PwC credits that revenue to the work of its 364,000 people for clients in 136 countries.
• FY26 network figures, covering July 2025 to June 2026, are not yet published, so the FY25 total remains the latest network-wide revenue number.

Source: PwC Global Annual Review 2025, FY25 and FY24

About This Data

The figures draw on 16 disclosures from PwC, Deloitte, EY and KPMG, 1 wire copy of a PwC release and 2 news reports tied to regulator and executive statements. Publication dates run from October 2022 to September 2026. Figures are reviewed on a rolling basis and updated when PwC publishes a new fiscal-year release.

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PwC Revenue by Year

• FY22 was the first year PwC firms across the world earned gross annual revenues of more than $50 billion.
• Growth reached 13.4% in local currency and 11.4% in US dollars in FY22.
• FY23 revenue grew 9.9% in local currency and 5.6% in US dollars.
• FY24 growth slowed to 3.7% in local currency and 4.3% in US dollars.
• FY25 growth eased again to 2.7% in local currency.

Recent Developments

• September 24, 2026: Deloitte reported FY2026 revenue of $74.5 billion, a 5.7% increase in USD from FY2025.
• September 24, 2026: PwC’s inaugural Global Automotive Outlook projected the proportion of companies using AI and other advanced technologies rising from 47% today to 72% in 2030.
• September 17, 2026: PwC’s UK business (excluding the Middle East and Channel Islands) reported that UK revenues grew 2% to £4.365 billion.
• September 2, 2026: PwC’s Global Data Centre Outlook put global investment in AI infrastructure at a record $31.6 trillion through to 2050 under its baseline projections.
• August 25, 2026: PwC became a launch partner for Google Cloud’s specialized industry solutions built on Gemini Enterprise.
• July 1, 2026: PwC UK integrated its Consulting and Risk businesses into a single Consulting line of service from 1 July 2026.

PwC Revenue by Region

• The Americas posted the fastest regional growth at 5.5%, including strong revenue growth in the US and Brazil.
• EMEA revenue rose 2.5%, with particularly strong growth in Central and Eastern Europe and Spain.
• Asia Pacific revenue declined 4.1% even though revenue rose strongly in Japan, India, and South Korea.
• The Americas produced 44.9% of gross revenue, EMEA 39.6% and Asia Pacific 15.5%.
• Measured in US dollars, Asia Pacific revenue fell 4.9%, a steeper drop than the local-currency figure.

PwC Revenue by Line of Service

• Advisory revenues were up 4.5% to $24.3 billion, or 4.4% if adjusted for changes in business structures.
• Assurance revenues were up 1.7% to $19.8 billion, without adjusting for changes in business structures.
• Tax and Legal Services revenues were up by 1.0% to $12.7 billion, or 2.8% if adjustments are made to reflect changes in business structures.
• Audit services account for approximately 74% of total Assurance revenues, with the rest from digital and risk services, capital markets, and accounting advisory work.
• PwC doubled the size of its Managed Services business in the last three years.
• Assurance produced 34.8% of gross revenue and Tax and Legal 22.4%.
• Audit demand now reaches crypto issuers too, as Tether’s reserve and audit data show.

PwC Revenue per Employee

• Across the network, gross revenue per person came to about $156,170 in FY25.
• One year earlier, the figure was about $149,520, so fewer people generated more revenue each.
• EMEA generated about $155,869 per person, close to the network average.
• Asia Pacific produced about $64,657 per person, the lowest of the three regions.
• By line of service, Tax and Legal led at about $222,110 per person, ahead of Advisory at about $189,527 and Assurance at about $156,809.
• The line-of-service figures exclude Internal Firm Services staff from the denominator, so they overstate what each client-facing line earns per head once support costs are shared out.

Why it matters: Asia Pacific employs 136,815 PwC people against 83,307 in the Americas, yet the Americas booked $25,574 million in FY25 revenue to Asia Pacific’s $8,846 million. Headcount alone says little about where PwC earns its money, and regional comparisons need revenue and people read side by side.

PwC Number of Employees Worldwide

• EMEA held 39.7% of PwC’s people in FY25, Asia Pacific 37.5% and the Americas 22.8%.
• The Americas lost the most people in absolute terms, 2,773, ahead of EMEA at 1,818.
• Asia Pacific headcount slipped by 1,020, the smallest fall of the three regions.
• The network headcount of 370,393 at the end of FY24 reflected headcount growth of 1.7%, so FY25 reversed a rising trend.
• PwC hired 102,549 new joiners in FY24, which shows how much two-way flow sits behind a small net change.

How many people work at PwC?

PwC has 364,782 people in its global network, according to its Global Annual Review 2025. EMEA employs 144,660 of them, Asia Pacific 136,815, and the Americas 83,307. PwC’s press release rounds the total to 364,000 people across 137 countries and territories.

PwC Employees by Line of Service

• Advisory added 7,013 people in FY25, while Assurance shed 7,474.
• Advisory overtook Assurance as the largest line by headcount, with 35.3% of the network against 34.7%.
• Internal Firm Services headcount fell by 4,372, the steepest proportional cut of any line.
• Tax and Legal headcount dipped by 778.
• PwC lists Internal Firm Services alongside Assurance, Advisory and Tax and Legal Services as a line of service. As the name indicates, IFS covers the firm’s own internal functions rather than a client-service practice.
• PwC’s revenue notes flag changes in business structures, but the headcount data do not show how much of the swap came from reclassification rather than hiring and exits.

Source: PwC Global Annual Review 2025 and 2024, headcount at year end

PwC Headcount by Year

• In FY22, the workforce grew to nearly 328,000 people, creating 32,000 net new jobs.
• FY23 brought more than 36,000 net new jobs, taking the total workforce to more than 364,000.
• PwC committed in 2021 to creating over 100,000 net new jobs over a five-year period.
• FY24 added 6,161 jobs, after 68,681 over the prior two years.
• FY25 then reversed direction, with the network about 1.5% smaller at year-end.

Source: PwC Global press releases and Global Annual Reviews, FY22 to FY25

PwC Partners and Seniority Levels

• PwC counted 13,427 equity partners and principals at the end of FY24.
• That works out to about 27.6 people per equity partner or principal.
• Associates and below made up 66.0% of the FY24 workforce.
• Equity partners and principals were 3.6% of headcount.
• The 2025 at-a-glance page drops the seniority split, so FY24 remains the latest network-wide view of the pyramid.

PwC Investment and AI Spending

• FY25 investment included nearly $1.5 billion of ongoing investment expanding and scaling PwC’s AI capabilities.
• PwC continued to scale its $1 billion investment in the AI-enabled Next Generation Audit platform.
• Over 315,000 PwC people have taken part in AI upskilling since July 2023.
• FY24 spending covered $3.6 billion of new investment around the world, including $1.5 billion to expand and scale AI capabilities.
• Four years of network investment add up to $13.5 billion.
• The build-out runs alongside client-side demand, including the AI adoption in banking trends we track.
• PwC’s scope 1 and 2 greenhouse gas emissions are down 73% compared to FY19, against a goal of a 50% reduction by FY30.

PwC Clients and Global Footprint

• PwC works with 82% of the Fortune Global 500 in FY25, down from 86% of Fortune Global 500 companies in FY24.
• The client count fell to 175,004 clients across the global network from 180,125 a year earlier.
• PwC now operates in 636 cities and 136 countries, against 149 countries and 656 cities in FY24.
• Fewer countries, fewer cities and fewer clients alongside higher revenue are consistent with a network concentrating on larger engagements rather than wider reach.

Source: PwC Global Annual Review 2025 and 2024

Who is PwC’s biggest client?

PwC does not name a single biggest client in its annual disclosures. It reports 175,004 clients across its global network and works with 82% of the Fortune Global 500. That spread places the network’s largest relationships among the world’s biggest companies rather than with one dominant account, and client-level fees are not published by PwC.

PwC UK Revenue and Partner Pay

• PwC UK Consolidated Group revenues, covering the UK, Middle East and Channel Islands businesses, were £6.155 billion, 3% lower than £6.353 billion in FY25.
• Revenues for the Middle East were down 15%, reflecting the impact of the regional conflict, wider market disruption and currency movements.
• The UK firm alone produced 70.9% of group revenue.
• Across the group, Tax revenue increased 3% to £1.263 billion, and Audit revenue increased 1% to £1.483 billion.
• Profit for the year attributable to members reached £1,161 million, against £1,098 million a year earlier.
• PwC UK’s total tax contribution came to £1,474 million, against £1,679 million in FY25.

Source: PwC UK 2026 financial results, year ended 30 June 2026

PwC UK Headcount

• PwC UK’s group averaged 31,206 employees a month in FY26, against a restated 35,430 in FY25.
• Client service staff fell by 3,119 and practice support staff by 1,105.
• Group revenue per average employee came to about £197,238.
• The firm made 3,275 promotions, up 3% on the previous year.
• PwC UK’s people engagement score was 70%, against 69% in FY25.
• The methodology used to calculate the average monthly number of employees has been revised, and comparative information has been restated.

Source: PwC UK financial statements 2026, PricewaterhouseCoopers LLP group

The takeaway: PwC UK ran with 4,224 fewer average employees in FY26 across its UK, Middle East and Channel Islands group, yet UK distributable profit per partner increased 8% to £935,000. The two figures have different scopes: the headcount drop covers the whole group, while profit per partner covers the UK LLP’s members only.

Why is PwC hiring fewer graduates?

PwC UK cut its entry-level intake because deal-making and hiring slowed across the economy, according to its UK senior partner. The reduction of intake from 1,500 to 1,300 in 2025 meant 200 fewer entry-level positions, and Marco Amitrano wrote: “At PwC, our entry-level numbers are lower this year, reflecting the wider slowdown in investment, hiring and deal-making across the economy,” while also citing AI reshaping roles.

PwC vs Deloitte, EY and KPMG

• Deloitte reported aggregate global revenue of $74.5 billion for the fiscal year ending 31 May 2026, the latest Deloitte revenue and headcount data point.
• EY announced combined global revenues of $53.2 billion for the fiscal year ending June 2025, an increase of 4.0% in local currency, as tracked in our EY revenue figures.
• KPMG reported globally aggregated revenues on a continued operations basis of $39.8 billion for the year ended 30 September 2025, with more detail in the KPMG statistics breakdown.
• Headcounts differ just as widely: Deloitte’s workforce expanded to nearly 500,000 globally, EY counted 406,209 people, and KPMG’s global headcount grew by 1.8% to 276,030.
• PwC’s FY25 revenue sits $17.6 billion below Deloitte’s FY2026 figure and $3.7 billion above EY’s FY25 total.
• The four networks do not share a year-end, so any ranking mixes periods.

PwC Evergrande Penalty and Regulatory Record

• Chinese regulators announced administrative penalties of 441 million yuan ($62 million) and a 6-month ban against PwC’s mainland audit firm.
• The package combined a China Securities Commission fine of 325 million yuan, a Ministry of Finance fine of 116 million yuan, and a 6-month suspension of PwC China’s business, as well as the closure of the Guangzhou branch.
• The Ministry of Finance revoked the CPA certificates of four signing accountants on the audit reports, as well as seven CPAs who participated in the preparation of the financial statements.
• PwC China terminated the employment of 6 partners and exited 5 staff directly involved in the Hengda audit work.
• The network said the conduct did not represent the vast majority of PwC China’s 18,000 professionals.
• Chinese authorities take a similarly hard line on digital assets, as the crypto regulations in China statistics show.

Source: King & Spalding summary of China MOF and CSRC penalties, September 2024; PwC network statement

What was the PwC scandal?

A recent PwC scandal is the Evergrande audit case in China. Chinese regulators found that PwC China and its Guangzhou branch knew there were major misstatements in Evergrande’s financial statements and issued inappropriate and false audit reports, with penalties totaling 441 million yuan.

What Does PwC Stand For?

PwC stands for PricewaterhouseCoopers, the name still used by legal entities such as PricewaterhouseCoopers LLP in the UK. In the UK, PwC’s annual report measures profit per partner as the aggregate distributable profit payable to the members of PricewaterhouseCoopers LLP for the financial year ended 30 June 2026, divided by the average number (full-time equivalent) of members.

Conclusion

PwC’s network closed FY25 with record gross revenues of $56.9 billion and 364,782 people, a year in which revenue kept growing while headcount shrank. The sharper story sits underneath: Advisory gained people as Assurance lost them, the Americas earn several times more per head than Asia Pacific, and PwC UK’s group headcount fell while its UK LLP paid partners more.

The FY26 network release, due in late October if PwC keeps its recent timing, will show whether the headcount decline continued and how far Deloitte’s lead has moved.