Deloitte posts record $59.3bn revenue thanks to tech consulting boom

Deloitte posts record $59.3bn revenue thanks to tech consulting boom

Punit Renjen

Deloitte has reported a record revenue of $59.3 billion (£51bn) in its annual results, for the year ending 31 May 2022, an increase of 19.6%.

An estimated $16bn (£13.8bn) was attributed to services sold as part of deals with big tech groups.

In the past seven years, Deloitte’s revenue has grown $24bn (£20.7bn), or 69%.



Deloitte Global CEO, Punit Renjen, said: “Over the past several years, we have steered a remarkable course to become the leading professional services organization in the world.

“The power of our multi-disciplinary and private partnership model along with our global strategy drives our performance, allowing Deloitte to serve clients with distinction, take care of our people, give back to our communities, and uphold the public’s trust.

“These principles have also helped us successfully navigate another tumultuous year of further unexpected shocks—from geopolitical conflicts to an ongoing pandemic to extreme environmental events and the highest inflation in a generation.

“By staying true to our purpose to make an impact that matters, our people have demonstrated their resilience by flexing and adapting to meet the challenges of the past year, all the while focusing on building better futures—for our people, clients, and communities.”

He added: “This is a decisive decade. The role public policy makers, NGOs, and, particularly, business leaders need to play is changing. As the world evolves, the challenges we face are becoming as complex as they are unpredictable.

“By working together to develop and scale solutions for addressing climate change, advancing equity, and returning to economic growth, among other issues, we can lead the way in building better futures for more of the world’s people.”

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