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Forvis Mazars has reported that UK revenues rose 8.1% to £391.9m for the year ended 31 August 2025, having continued investment in audit quality and digital tools during its first full year as part of a global network.
It comes as the audit and assurance division recorded 21% growth, supported by technology investments and a 90% quality rating from the Financial Reporting Council (FRC). Tax services grew by 10% while financial planning revenue increased by 13%. Global network revenue reached $5.7bn (£4.9bn) during the same period.
Staff numbers rose to 3,542, including 326 new trainees and 1,145 internal promotions. The firm opened new offices in Bristol and Birmingham and launched a foundation focused on social mobility. Total partner numbers increased with the appointment of 16 new partners.
Investment in data analytics and artificial intelligence tools continued throughout the year to support risk management and client delivery. The firm also maintained its net zero targets, validated by the Science Based Targets initiative, by reducing emissions across its office estate.
James Gilbey, chief executive of Forvis Mazars, said: “In a year marked by economic uncertainty, our teams have delivered exceptional results for our clients while maintaining an uncompromising focus on quality.
“Against a backdrop of ongoing economic uncertainty across the UK and an evolving geopolitical landscape, our continued investment and disciplined approach have helped position the firm to navigate a more challenging market environment.”
He added: “Our plans for organic, sustainable growth remain grounded in our values, powered by our people, and focused on creating exceptional value for clients, our communities, and society.”
