In a strong year for Forvis Mazars, revenue hit £391.9m for year ending 31 August 2025, up from £362.4m in FY24, with growth at 8.1%, slightly down on the previous year’s 8.3%. It also moved up to 9th position in the annual Top 75 Firms survey. This was driven by a huge increase in the audit revenue.

Group profit for FY25 was £72.4m, up 10% from £65.5m in FY24, giving the 130 equity partners potential earnings of £556,000 after profit share.

In terms of performance by service line audit and assurance was the strongest growth area, up 21% year on year to £189.9m, up from £157.1m, representing around half of total fee income.

Forvis Mazars has benefited from the flow down from tougher conflict of interest rules controlling the audit sector, which has hit the Big Four, contributing to the huge jump in audit revenue in just 12 months.