EY
Global professional services network for audit, tax and consulting.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Ernst & Young Global Limited
- Entity type
- COMPANY
- Founded
- 1989
- Headquarters
- 1 More London Place, London, SE1 2AF, United Kingdom
- Company size
- >5,000
- Market role
- Agency & Consultancy
- Official website
- ey.com
What EY does
EY creates value by combining specialist professional expertise with proprietary delivery platforms, methodologies and global member-firm reach. Revenue is generated predominantly from client service engagements across assurance, tax, consulting and transactions, with technology acting as embedded infrastructure that improves delivery quality, standardisation and client stickiness. Rather than monetising as a mass-market software vendor, EY uses digital products to support premium advisory, compliance and transformation work.
Category differentiation
This refers to the EY global organisation under Ernst & Young Global Limited, not only a single national member firm or a standalone software vendor. It is distinct from product brands such as My EY or specialist units such as EY-Parthenon.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
EY is a global professional services organisation operating through member firms under the Ernst & Young Global Limited structure. It provides audit and assurance, tax, consulting, transaction advisory and related technology-enabled services to large organisations, financial sponsors and finance leaders. Its proprietary digital tools, such as audit, tax, transformation and M&A workflow platforms, primarily support and enhance service delivery rather than acting as broad standalone software businesses. The company makes money mainly through fee-based client engagements, including project work, managed services, retainers and specialist advisory mandates. Its customers are principally enterprise clients, corporate finance and tax teams, private equity firms, and senior transformation leaders who buy EY for regulatory expertise, programme execution, risk reduction and access to scaled multidisciplinary teams.
Company news briefing
Briefing updated:
EY continues to expand its strategic advisory footprint, having advised Bending Spoons on its acquisition of Airtable and partnered with Rillet to embed AI accounting tools into financial workflows. Furthermore, enterprise client adoption is highlighted by Replit, while recent EY economic analyses reveal that DAX-listed companies posted record Q2 2026 operating profits alongside an EBIT rise to €52.6 billion, and that agentic AI workflows have driven up per-interaction costs to roughly $1.20.
Business model & monetisation
EY mainly monetises through service fees: project-based consulting, audit and advisory fees, retainer arrangements, managed services and time-and-materials billing. Higher-value strategic and transaction work can command premium pricing. Its digital platforms are generally bundled into service delivery or client relationships rather than sold as standalone horizontal SaaS, so software monetisation is largely indirect and tied to broader enterprise engagements.
- Audit and assurance services
- Service Fee
- Consulting and transformation engagements
- Service Fee
- Tax advisory and managed tax operations
- Service Fee
- Transaction and M&A advisory
- Service Fee
- Platform-enabled software access bundled with services
- Software Subscription
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Global IPO proceeds hit record high in 2026
Financials · Recorded impact score: 2/5
According to EY's latest IPO Barometer, global IPO proceeds reached a record high in the first nine months of 2026, totaling $287.5 billion, a 151% increase year-over-year, despite a slight decline in the number of IPOs (888 vs. 922). The third quarter alone saw $93.3 billion raised across 367 deals, with large listings such as SK Hynix's $26.5 billion IPO on Nasdaq driving growth. China and Europe saw significant increases in both deal count and volume, while the US saw fewer IPOs but a 395% surge in proceeds to $163 billion. Germany recorded eight IPOs, including SMAG Mobile Antenna Masts and Helios Solar. Technology and advanced manufacturing dominated, with investors favoring sectors like AI, robotics, and energy. The outlook for Q4 remains cautiously positive.
- Global IPO proceeds reached a record $287.5 billion in the first nine months of 2026, up 151% year-over-year.
- The number of IPOs fell slightly to 888 from 922 in the same period last year.
IPO Winter at Wall Street: All Eyes on Anthropic
Financials · Recorded impact score: 3/5
The IPO market is experiencing a severe slowdown despite record overall volumes, with many companies postponing or canceling their listings. The primary cause is investor focus on Anthropic's upcoming IPO, expected in mid-November, which is overshadowing other candidates. Notable postponements include EG Group, Oura, SB Energy, Holtec, and Bamboo Insurance. OpenAI has pushed its IPO to 2027. While mega-deals like SpaceX's $86B IPO and SK Hynix's $26.5B listing drove high proceeds, tech listings are trading 23% below first-day prices on average, indicating post-IPO performance concerns. The slowdown is global, affecting Europe and Asia, with companies like Waterstones and AS Watson delaying plans. The article highlights a disconnect between record index levels and the reluctance of companies to go public, as investors remain cautious about AI valuations.
- Anthropic's IPO is expected in mid-November, with investors hoping for a valuation of over $2 trillion.
- OpenAI has postponed its IPO to 2027, and EG Group has also postponed its IPO to 2027, targeting a $9 billion valuation.
Germany's Startup Factory Strategy to Scale DeepTech Ecosystems
Infrastructure · Recorded impact score: 1/5
Germany has advanced its EXIST lighthouse competition by establishing ten regional "Startup Factories"—involving 126 universities and 144 partners—to accelerate the commercialization of academic DeepTech research. Supported by up to €10 million in federal funding per factory over five years and matched by €110 million in private commitments, the initiative targets critical fields like AI, quantum computing, and robotics. This strategy seeks to bridge the gap between academic laboratories and global markets, helping startups overcome the high-risk "Valley of Death." However, systemic challenges remain. Europe faces a severe growth-stage funding shortfall estimated between €3.43 billion and €20.59 billion annually. Additionally, despite Germany's industrial sector losing approximately 124,000 jobs in 2025 according to an EY analysis, establishing stronger validation pathways between research institutions, founders, and the corporate base remains vital for long-term technological competitiveness.
- Germany selected ten 'Startup Factories' under the EXIST lighthouse competition, involving 126 universities and 144 business and financing partners.
- Each factory can receive up to €10 million in federal funding over five years, matched by €110 million in private commitments.
59 AI Predictions, August 2026
Large Language Models & AI · Recorded impact score: 3/5
Keith MacKay published a long-form set of 59 predictions across 17 categories describing near- and mid-term changes from AI adoption in software development, enterprise operations, economics, governance, and creative industries. Major themes include a shift to small AI-augmented pods for development, growth of FDE (forward-deployed engineer) models, emergence of TokenOps and model routers to manage costs, increased use of open-weight models, rising data‑center and regulatory scrutiny, and widespread AI use in marketing and content production. The piece pairs time horizons, confidence levels, and falsification criteria for each prediction and signals likely industry impacts on tooling, hiring, data governance, and legal exposure.
- Keith MacKay published 59 AI predictions organized into 17 categories in an August 24, 2026 article.
- The author forecasts widespread adoption of small AI-powered development pods (2-3 people) and growth of Forward-Deployed Engineer (FDE) models.
PR Gains C‑Suite Influence, Says EY's Rachel Lloyd
Public Relations (PR) & Communications · Recorded impact score: 2/5
Rachel Lloyd, director of global media relations and social media at EY and president of the PR jury for The Drum Awards Festival, argues that communications is finally earning a seat in the C‑suite as reputational risk, social media and AI increase organizational visibility. She expects integrated comms teams, greater executive visibility (especially on LinkedIn), growth of the creator economy in B2B, and the use of AI tools to augment — not replace — communicators. Lloyd also outlines what she looks for in award-winning PR work: clear storytelling, measurable delivery, and creativity combined with commercial evidence.
- Rachel Lloyd is director of global media relations and social media at EY.
- Lloyd is heading up the PR jury at The Drum Awards Festival.
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Questions about EY
What is EY?
EY is a global professional services organisation providing audit, tax, consulting and transaction-related services through member firms.
Who uses EY?
Large enterprises, finance and tax teams, audit stakeholders, private equity firms, and senior transformation or deal leaders use EY.
How does EY make money?
EY mainly earns revenue from fee-based professional services, with proprietary platforms supporting and extending those engagements.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
16 publicly documented primary sources and citations linked across the market graph.
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