September 17, 2019

RSM US Revenue Rose to $2.4 Billion In FY 2019

So says the RSM US 2019 annual report:

That’s a 14% increase over the firm’s FY 2018 revenue of $2.14 billion. RSM’s fiscal year ends on April 30.

There’s not a whole lot more to add because RSM doesn’t usually send out glitzy, congratulatory press releases on its year-end revenues like EY did today. But here are a couple other things I found in the annual report:

  • Once again audit services accounted for the most revenue of RSM’s three core service lines at 36%, followed by tax services at 35% and consulting services at 27%.
  • The firm added 1,134 warm bodies nationwide in FY 2019.

RSM is currently the fifth-largest accounting firm in the U.S., behind the Big 4 and ahead of Grant Thornton. GT should release its FY 2019 U.S. revenue numbers within the next month.

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