BDO grows revenue to $11B

BDO reported $11 billion in revenue, a 4% year-over-year increase.

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The Top 10 Firm's growth was led by its tax (7%) and advisory (4%) service lines. Audit and assurance lines increased 3% and 2%, respectively. Including its alliance firms, BDO reported $16 billion in global revenue, a 7% year-over-year increase.

Europe, Middle East and Africa revenues increased 7% in 2025, with notable growth in France, Germany, the Netherlands and Switzerland. The Asian Pacific region saw stable revenue growth at 3%, and revenue in the Americas remained flat, with growth in the U.S.

"It has been another year of solid performance and progress," Pat Kramer, BDO's global CEO, said in a statement. "While we continue to operate in a complex global landscape, with ever-shifting industry dynamics, we see significant opportunity ahead. During periods of flux, businesses value trust. Our multidisciplinary approach is anchored in an uncompromising focus on quality. With a commitment to maintain independence, we will continue to deliver secure, long-term value for our clients through a sustainable and future-ready organisation."

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Pat Kramer, BDO Global CEO

BDO earlier this year stated it would remain independent of external equity investment. At the same time, it announced the appointment of Trond-Morten Lindberg as incoming global CEO. Wayne Berson, CEO of BDO USA, is also stepping down as he retires, and Matt Becker will succeed him, effective July 1, 2026.

(Read more: "BDO names global CEO, reaffirms independence")

The firm has over 94,900 employees across 870 offices globally. In August 2023, it announced it would create an employee stock ownership plan, using $1.3 billion in credit from Apollo Global Management.

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Practice management BDO
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