January 17, 2019

Grant Thornton Posts Revenue of $1.8 Billion in Fiscal Year 2018

[Updated with quote from Grant Thornton spokesperson.]

The Purple Rose of Chicago put out a very skimpy press release this morning announcing that the U.S. firm’s revenue hit $1.8 billion for the fiscal year that ended July 31, 2018, up 3.4% over last fiscal year.

And … that’s pretty much it. Not even a mention on Twitter.

Yes, the press release included the obligatory quote from Grant Thornton LLP CEO Mike McGuire, highlighted a bunch of key hires, mentioned that the firm sponsored a PGA Tour event, and patted themselves on the back for a bunch of lists Grant Thornton was on, like Working Mother’s 100 Best Companies in 2018.

But the firm didn’t even provide revenue by service line. C’mon, Grant Thornton, even BDO USA did that!

We reached out to Grant Thornton to see if we could extract some more information from them. And we were not successful.

In an email, a Grant Thornton spokesperson told GC:

“We’ve decided to share revenues only at the firm-wide level as part of our effort to present ourselves to the market as one single firm, so unfortunately, there’s no additional detail I can share with you when it comes to the service lines.”

Oh well, we tried.

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