PwC logo

PwC

Leader

PwC reported record $56.9B in global revenue for FY2025 and invested nearly $1.5B to scale AI capabilities, while reducing headcount by 5,600 amid efficiency pressures.

79
AI Score
Grade B↑ Trending
AI Visibility Score (Beta)
Enterprise SoftwareWebsiteUpdated April 2026

Company Overview

About PwC

PricewaterhouseCoopers (PwC) is a multinational professional services network formed by the 1998 merger of Price Waterhouse and Coopers & Lybrand, and is one of the Big Four accounting and advisory firms alongside Deloitte, EY, and KPMG. PwC operates in 149 countries with approximately 364,000 professionals and is headquartered in London. For the fiscal year ending June 30, 2025, the network reported record gross revenues of $56.9 billion, up 2.7% in local currency, with Advisory services leading at $24.3 billion (up 4.5%), followed by Assurance at $19.8 billion and Tax & Legal at $12.7 billion.

Business Model & Competitive Advantage

PwC's business model is a partnership network where member firms in each country operate as independent legal entities under a common brand, quality framework, and methodology. Its competitive advantages are its globally consistent audit methodology and independence standards, deep sector expertise across financial services, healthcare, energy, and technology, and a trusted-advisor relationship with boards and C-suites at the world's largest companies. Advisory has become the fastest-growing segment as organizations seek help navigating digital transformation, regulatory change, and AI adoption.

Competitive Landscape 2025–2026

PwC invested approximately $3.1 billion across the network in FY2025, including 12 acquisitions and nearly $1.5 billion specifically to scale AI capabilities, reflecting its bet that AI-augmented advisory and tax services will define the next competitive era among the Big Four. The firm reduced headcount by 5,600 in FY2025, reflecting both efficiency gains from AI tooling and a recalibration of workforce composition toward higher-skill roles. PwC faces ongoing scrutiny over audit quality globally — particularly following regulatory actions in Australia and the UK — while simultaneously racing to demonstrate AI-differentiated advisory value against McKinsey, Accenture, and tech-native competitors.

Founded
1998
Headquarters
London, England (origins trace to 1849)
Curated content • Fact-checked and verified

The PwC Story

Founded in 1998
London, England (origins trace to 1849)
Founded by Samuel Lowell Price (1849), William Cooper (1854) and 1 other

Founders

Samuel Lowell Price (1849)William Cooper (1854)Edwin Waterhouse (1865)

Recent Activity

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Company Timeline

Major milestones in PwC's journey

15
Total Events
3
Acquisitions

Leadership Team

Meet the leaders behind PwC

Mohamed Kande

Global Chairman

Mohamed Kande became PwC's Global Chairman in July 2024, the first Black leader of the firm's global entity. He joined PwC in 2011 and previously served as Global Advisory Leader since 2019 and Vice Chair of US Consulting Solutions. Before PwC, Kande held executive positions at major financial institutions.

Bob Moritz

Former Global Chairman (2016-2024)

Bob Moritz served as Global Chairman from 2016 until his retirement in June 2024, leading PwC through a period of significant digital transformation and growth. Under his leadership, the firm expanded its technology capabilities and strengthened its position as a trusted advisor to global organizations.

Coenraad Richardson

Global Chief Risk Officer

Coenraad Richardson oversees risk management across PwC's global network, ensuring the firm maintains the highest standards of quality and compliance in all client engagements and business operations.

Diana Weiss

Global General Counsel

Diana Weiss serves as Global General Counsel, providing legal guidance and oversight for PwC's worldwide operations and ensuring the firm's commitment to integrity and ethical business practices.

Key Differentiators

Market Leader

PwC is recognized as a market leader in the Professional Services sector, demonstrating strong industry presence and customer trust.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

79
↑ Trending

Based on estimated brand signals. Historical tracking coming soon.

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