"AI is disrupting the world of consulting, and so far, EY is cashing in. The Big Four consulting and accounting firm reported on Wednesday that AI-related revenue was up 30% in its 2025 financial year, which covers the year ending June 30. EY said that consulting services like "delivering enterprise-wide transformations" and "AI governance frameworks that help drive the responsible implementation of AI" helped drive the surge in demand."
"The firm said it invests more than $1 billion each year in developing AI-first platforms and products, including 1,000 AI agents and the deployment of more than 100 internal AI applications. Overall global revenue rose 4% in the 2025 financial year to hit $53.2 billion. EY's rate of growth was in line with that of the 2024 financial year, but remained much lower than the 14.2% jump in revenue reported in 2023."
"The firm's assurance division generated the most revenue, bringing in $17.8 billion, but its tax line was the strongest-performing, rising 5.5% to generate $12.7 billion. Consulting showed strong signs of recovery from the previous year, when it only rose by 0.1%. In its 2025 financial year, consulting was up 5.2% to generate $16.4 billion for EY."
EY made AI a core business cornerstone and saw AI-related consulting revenue climb 30% in its 2025 financial year ending June 30. The firm invests more than $1 billion annually in AI-first platforms and products, including 1,000 AI agents and over 100 internal AI applications. Overall global revenue rose 4% to $53.2 billion. Assurance generated $17.8 billion, tax rose 5.5% to $12.7 billion, and consulting recovered to $16.4 billion, up 5.2%. EY-Parthenon revenue dipped 0.4% to $6.2 billion amid slow dealmaking, prompting a brand expansion and organizational merger.
Read at Business Insider
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