Samil PwC's Revenue Tops KRW 1.6 Trillion, but Operating Profit Falls 25%; Management Advisory Drives Growth

[Financial News] Samil PwC surpassed KRW 1.6 trillion in annual revenue, fueled by growth in management advisory and consulting. However, operating profit fell 25% as the company increased investments in artificial intelligence (AI) and professional talent. As traditional audit revenue declined while management advisory posted double-digit growth, the accounting firm's growth engine clearly shifted toward advisory services.
According to financial investment industry sources on the 30th, Samil PwC's revenue for fiscal 2026, which ran from July 2025 to June 2026, totaled KRW 1.6272 trillion, up 4.6% from KRW 1.5554 trillion the previous year.
Operating profit, however, fell 25% to KRW 19.8 billion from KRW 26.4 billion the previous year. Profitability declined despite the increase in revenue. Samil PwC explained that investments in recruiting and training professionals, AI and digital technologies, and service quality management affected operating profit.
The shift in the center of growth was particularly pronounced by business segment. Samil PricewaterhouseCoopers posted revenue of KRW 1.1635 trillion, surpassing KRW 1 trillion for the third consecutive year. Management advisory revenue accounted for KRW 501.9 billion, up 12.1% from the previous year and the main driver of overall growth. Tax advisory revenue also grew 5.6% to KRW 291.4 billion.
Audit revenue, by contrast, fell about 4% to KRW 370.2 billion from KRW 386 billion the previous year. Samil PwC explained that the delay in the revenue impact from newly acquired clients, which was not fully reflected in the current fiscal year, was among the factors behind the decline.
As a result, management advisory revenue at Samil PricewaterhouseCoopers also came to significantly exceed audit revenue. Management advisory revenue was KRW 131.7 billion higher than audit revenue. The increase is attributed to growing demand for related advisory services as companies actively pursued business portfolio restructuring, mergers and acquisitions (M&A), operational innovation, and risk management.
PwC Consulting also continued to grow. Revenue increased 4% from the previous year to KRW 463.7 billion. Corporate demand for systems and business-process innovation, data utilization, risk management, and governance frameworks amid the spread of AI supported the firm's performance.
Samil PwC views AI as a key investment area that will determine its competitiveness in the future and is expanding investments in related technologies and talent. Its strategy goes beyond simple task automation to enhance professionals' analytical productivity and expand the use of AI across audit, tax, advisory, and consulting services.
Yoon Hoon-soo, managing partner of Samil PwC, said, "AI is not a technology that replaces accounting and consulting professionals; it is a key tool that expands their insight and capabilities, enabling them to deliver greater value to clients." He added, "We will further expand our investments in advanced technological capabilities, including AI, and in outstanding talent."
He continued, "We will prioritize audit quality and trust while combining our expertise in tax, management advisory, and consulting to support our clients' sustainable growth and innovation."
[email protected] Kim Hyun-jung Reporter