Forvis Mazars has reported combined global revenue of $5.7bn for fiscal year 2024–25, ending on 31 August 2025, up 11% year-on-year.
The figure represents the combined revenue of the Forvis Mazars Group and Forvis Mazars in the US.
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According to the company, the growth was led by strong audit performance.
The company, which provides audit and assurance, tax, consulting and related services, said it delivered “solid” performance across all major business lines and regions.
It described its performance as resilient against a backdrop of market volatility.
Forvis Mazars Global Network Board chairman Hervé Hélias said: “Our financial results reflect the trust of our clients, the strength of our people and the relevance of our choices.
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By GlobalData“More than ever, our ability to offer seamless cross-border services as a global team sets us apart, helping our clients navigate complexity, manage risk and seize opportunities amid unprecedented levels of uncertainty and disruption worldwide.
“By continuing to invest in the quality of our service, technology and talent, we are positioning Forvis Mazars to support clients not only with today’s challenges but also helping them prepare confidently for what is next.”
Audit and assurance activities generated 45% of global revenue, while tax services contributed 23%.
The company’s advisory work including consulting, financial advisory, legal and sustainability services accounted for 21%, while outsourcing services represented the remaining 11%.
Hélias added: “The rise of AI and digital platforms is creating a new need for independent oversights.
“Audit and assurance, which represents 45% of our business globally, had a particularly strong year, delivering double digit growth.
“Looking ahead, the need for rigorous, independent assurance is only going to grow in this digital, regulatory and sustainability driven environment. Forvis Mazars is perfectly placed to support clients in this area.”
Forvis Mazars was formed in June 2024 following the merger of France-based Mazars and US-based Forvis, creating a global top ten operator.
It currently operates under a single brand, with two member companies: Forvis Mazars Group – an internationally integrated partnership spanning more than 100 countries and territories – and Forvis Mazars in the US.
Forvis Mazars recently brought in Elizabeth Young as a partner within its Risk Assurance service line.
