{
  "id": 15605383,
  "title": "PwC revenue tops $60bn despite sluggish figures in Europe and Middle East",
  "url": "https://urgent.news/2026/10/19/pwc-revenue-tops-60bn-despite-sluggish-figures-in-europe-and-middle",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T11:51:59.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/pwc-revenue-tops-60bn-despite-sluggish-figures-in-europe-and-middle-east/"
  },
  "original_language": "en",
  "account": "PwC's global revenue exceeded $60 billion for the year, with growth across all regions and service lines, despite sluggish performance in Europe and the Middle East. The consulting and accounting giant reported a 3.5 percent increase in global revenue for the year ending June 30, reaching $60.2 billion. PwC's overall revenue growth was more robust than its peers Deloitte ($74.5 billion) and EY ($57 billion), both of which also reported year-on-year growth. However, PwC's performance lagged behind the other Big Four firms with slightly slower reported growth.\n\nThe Middle East region faced a 0.7 percent revenue growth due to the fallout from the Iran conflict and a temporary ban on consultancy work in Saudi Arabia. PwC's chairman, Mohamed Kande, expressed confidence in the company's ability to continue investing in new ways of delivering value to clients and building the PwC of tomorrow amidst geopolitical and economic uncertainty.\n\nAsia-Pacific reported the highest revenue growth at 7.7 percent, followed by the highest growth in service lines across all regions, with tax and legal services recording the highest growth at 6.3 percent, followed by advisory revenues at 3 percent, and assurance revenues at 2.6 percent. The company invested $3 billion across the network to expand capabilities in key areas, particularly AI and technology.",
  "summary": "Big Four giant PwC’s global revenue topped $60bn (£45bn) for the year, with growth across all regions and service lines, despite sluggish results in the Middle East and Europe due to geopolitical fallout. On Monday, the consulting and accounting giant reported a 3.5 per cent increase in global revenue for the year to June 30, [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}