EY Ireland Adds €37 Million in Revenue as Growth Settles Into a Slower Pace

EY Ireland reported revenue of €880 million for the year ended June 30, 2026, adding €37 million to its previous annual total while continuing to invest in offices, technology and staff development.

The 4.4% increase followed revenue of €843 million in FY2025. It extended the firm’s growth across the island of Ireland, although the annual pace was slower than the 9.3% increase reported a year earlier.

Most of the latest revenue came from the Republic of Ireland, where income reached €810 million. Across the island, EY employed more than 5,600 people at the financial year-end.

The results show a larger business continuing to expand, but they also mark a shift from the faster growth recorded in the previous reporting period.

Republic of Ireland Accounts for Most Revenue

Revenue in the Republic rose 3.7%, from €781 million to €810 million. That €29 million increase represented most of the €37 million added across the island.

The geographical distinction matters. EY’s €880 million headline figure covers its island-wide business, while the €810 million figure relates specifically to the Republic.

The latest announcement also put EY Ireland’s five-year compound annual growth rate at 15.7%. That measure describes the average compounded pace over several years, rather than growth achieved during FY2026 alone.

The contrast with the latest 4.4% increase shows how the business’s recent annual performance differs from its longer expansion.

Neither measure replaces the other. The five-year figure captures how substantially EY Ireland has grown; the latest result describes its current pace.

Growth Continues From a Larger Base

EY reported island-wide revenue of €772 million in FY2024 and €843 million in FY2025. The latest total takes the increase over those two years to €108 million.

That provides useful context for the slowdown in percentage growth. The firm is adding revenue to a larger business than it was several years ago.

A lower growth rate does not, by itself, establish weaker profitability. Equally, higher revenue does not demonstrate that profits increased at the same rate.

Revenue measures the value of business generated before the costs of delivering it. Office investment, technology spending and workforce development all sit within the wider financial picture.

The headline figures therefore support a conclusion about continued business expansion. They do not provide a complete account of the returns earned from that expansion.

Office Investment Accompanies Expansion

EY’s investment programme included a new headquarters at Wilton Park in Dublin and expanded offices on Lapps Quay in Cork.

Managing partner Frank O’Keeffe presented these developments as part of the firm’s preparation for changing client requirements. He also highlighted investment in AI-powered solutions, industry alliances and technology-enabled transformation.

The office commitments indicate that the firm is planning beyond the latest financial year. They provide facilities for an enlarged workforce and for work with clients.

However, the announcement does not assign a separate revenue contribution to either office development. Nor does it establish how much of FY2026 growth came from AI-related work.

Those distinctions are important when assessing the investment strategy. EY has identified its priorities, but the headline results do not isolate the financial return from each one.

Regional Employment Extends the Business Footprint

EY said employment across Cork, Galway, Limerick and Waterford had increased by 53% over four years.

That is a multi-year regional measure, rather than a statement that employment across the entire Irish business grew by 53% during FY2026.

The figure nevertheless shows how the firm’s footprint has developed beyond its largest offices. Regional teams provide another route to recruiting staff and serving clients.

EY’s earlier reporting described regional capabilities spanning assurance, consulting, tax, law, corporate finance and strategy, alongside work in areas including data analytics and life sciences.

Its Northern Ireland presence also includes Belfast and Derry/Londonderry. The latter office opened in 2025, adding another location to its island-wide network.

Taken together, these developments show a broader geographical investment programme rather than an expansion concentrated entirely in Dublin.

Workforce Development Remains a Priority

EY reported more than 5,600 employees across the island at June 30, representing almost 100 nationalities. Its equity partnership comprised 158 people, including 144 in the Republic.

The firm also said close to 1,400 people had been promoted or progressed during the year. Staff completed more than 304,000 hours of learning and development.

These figures describe several different aspects of the workforce. Headcount measures the size of the organisation at a point in time, while promotions and learning hours show activity during the reporting period.

Training is particularly relevant to EY’s stated investment in technology-enabled services. New tools can change both the work clients request and the capabilities needed to deliver it.

The financial test will be whether those investments help teams serve clients more effectively. Training volumes alone cannot establish that outcome, but they show where the firm is committing resources.

Northern Ireland Investment Provides Further Context

EY’s recent expansion has also included changes to its leadership in Northern Ireland.

In July, the firm announced that Alastair Allen and Shannon Cunningham were joining the equity partnership alongside ten other appointments across the island.

Those appointments formed part of its wider investment in the region. They also demonstrate why year-specific figures need to be read carefully: partnership and employment totals can change between a financial year-end and later announcements.

The latest annual results provide the financial snapshot. Individual appointments and office openings explain some of the organisational development around it.

They should not be treated as separate evidence that revenue grew in every service or location at the same pace. The island-wide total combines a range of activities and markets.

Global Results Offer a Separate Comparison

EY’s global organisation reported combined revenue of US$57 billion for FY2026, an increase of 4.7% in local currency.

It also reported growth across its service lines and geographical areas, with sales from AI services increasing 49%.

Those global figures help explain the wider emphasis on AI and transformation, but they are distinct from the Irish results. A global increase in AI-related sales cannot be applied directly to EY Ireland without a corresponding local disclosure.

For the Irish business, the clearest result remains the €37 million increase in annual revenue.

The next reporting period will show how effectively its larger office network, technology investment and workforce development support further growth. FY2026 establishes continued expansion at a more measured pace, leaving the returns from those commitments to become clearer over time.