Fidelity Investments
Financial Services and Asset ManagementFounded 1946- Updated June 2025
Reviewed by Swet Parvadiya
Last reviewed: June 2025
CorpDigest
Fidelity Investments
Financial Performance
Last reviewed: June 2025 · By Swet Parvadiya
Revenue
$25B
Market Cap
$75.0B
Net Income
$6.0B
Employees
60,000
Fidelity Investments is a Financial Services and Asset Management company with $25B in 2024 revenue and 60K employees worldwide.
Revenue Trend Analysis
YoY Change
+6.4%
2-Year CAGR
+6.6%
Peak Year
2024
Trend
Consistent Growth
Fidelity Investments has reported revenue across 3 fiscal years, compounding at +6.6% annually over 2 years. The most recent year saw a 6.4% increase versus the prior year. Revenue peaked in 2024 at $25.0B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $25.0B | $6.0B | +6.4% |
| FY2023 | $23.5B | — | +6.8% |
| FY2022 | $22.0B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Fidelity's revenue is driven mainly by asset-based fees, so its roughly $25 billion of 2024 revenue scales with the more than $4.5 trillion in client assets it manages and administers. Even fees of a few basis points compound into billions of dollars across a base that large.
As a privately held firm controlled by the Johnson family, Fidelity does not file public earnings statements, so its net income and margin figures stay confidential unlike those of listed rivals BlackRock and Charles Schwab. Outside analysts can only estimate profitability from disclosed metrics such as its 60,000-person workforce and $4.5 trillion asset base.
Fidelity employs about 60,000 people across its brokerage, fund management, and institutional divisions. That headcount has expanded alongside record client assets of more than $4.5 trillion, reflecting the labor and technology intensity of its service model.
A substantial portion of Fidelity's revenue recurs through institutional recordkeeping and custody contracts, while retail trading income rises and falls with market activity. Applied across more than $4.5 trillion in client assets, this blend produces steadier results than a pure brokerage would generate.
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CorpDigest. "Fidelity Investments Revenue & Financials." CorpDigest, https://corpdigest.com/company/fidelity-investments/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Fidelity Investments reported $25B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/fidelity-investments/financials" target="_blank" rel="noopener">CorpDigest — Fidelity Investments financials</a></div>