Fidelity Investments
Financial Performance
Fidelity Investments Revenue & Financials
Revenue
$37.7B (FY2025)
Employees
80,000
What is Fidelity Investments's revenue?
Fidelity Investments had $37.7B in revenue for fiscal year 2025, up 15.3% from 2024.
- Latest revenue
- $37.7B (FY2025)
- Year-over-year
- +15.3%
- Growth rate (CAGR)
- 15.6% over 2 years
- Peak revenue
- $37.7B (FY2025)
- Years of data
- 3
- Employees
- 80,000
- How many employees does Fidelity Investments have?
- Fidelity Investments has about 80,000 employees.
Financial Analysis
Fidelity does not file public financial statements, but it publishes headline results each year. Revenue was $37.7 billion in 2025, up 15%, and operating income rose 24% to a record $12.7 billion. CEO Abigail Johnson credited a resilient stock market and higher interest rates, while pointing to service and market share as the long-term drivers. Assets in Fidelity's own funds rose 19% to $7.1 trillion, net new assets were $657.3 billion, and daily average trades reached 4.4 million. Fidelity does not disclose net income, so this profile uses operating income as its profit measure.
Revenue Trend Analysis
YoY Change
+15.3%
2-Year CAGR
+15.6%
Peak Year
2025
Trend
Not enough comparable years
Fidelity Investments has 3 full fiscal year figures on this page, compounding at +15.6% annually over 2 years. The most recent year saw a 15.3% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $37.7B. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2025 | $37.7B | +15.3% | Fidelity Investments annual report Calendar 2025 revenue, up 15% year over year; operating income $12.7 billion, up 24%. Net income is not disclosed. |
| FY2024 | $32.7B | +16.0% | Fidelity Investments annual report Calendar 2024 revenue; operating income was USD 10.3 billion. Net income is not disclosed. |
| FY2023 | $28.2B | — | Fidelity Investments annual report Calendar 2023 revenue; operating income was USD 8.5 billion. Net income is not disclosed. |
Click any row to see year details.
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Fidelity Investments Revenue and Financial FAQ
What is Fidelity Investments' typical annual revenue and operating profit scale?
Fidelity Investments reported revenue of $37.7 billion for fiscal year 2025.
What is Fidelity's total Assets Under Management (AUM) and Assets Under Administration (AUA)?
Fidelity oversees $18 trillion in total customer Assets Under Administration (AUA), with discretionary Assets Under Management (AUM) of $7.1 trillion in Fidelity funds at the end of 2025, ranking alongside BlackRock and Vanguard as one of the 'Big Three' global asset managers.
How does Fidelity reinvest its large private annual profits?
Because Fidelity is privately owned without public shareholder dividend demands, it reinvests heavily into internal technology infrastructure, cloud migration, cybersecurity, AI customer service tools, digital asset infrastructure, and zero-fee consumer products.
What are the primary expense components in Fidelity's operating structure?
Fidelity's primary operating expenses include employee compensation and benefits for its 80,000+ global workforce, large technology and cloud infrastructure investments, real estate for corporate campuses and regional investor centers, and national brand advertising campaigns.
How does Fidelity's money market fund asset base benefit from higher interest rate environments?
In higher interest rate environments, Fidelity's money market fund complex (managing over $1.2 trillion in liquidity funds like Fidelity Government Money Market Fund / SPAXX) generates substantial management fee revenues while offering attractive competitive yields to retail and corporate cash depositors.
What is Fidelity's financial resilience and balance sheet debt profile?
Fidelity maintains a pristine financial balance sheet with vast surplus equity capital, multi-billion-dollar liquid cash reserves, and negligible long-term debt, giving it the highest creditworthiness and stability in the financial services sector.
How do market equity rallies impact Fidelity's annual financial performance?
Broad equity market rallies directly expand Fidelity's asset base (AUM/AUA), lifting asset-based management fees across active funds and index portfolios, boosting daily trading volumes in retail brokerage, and accelerating new account creation.
What employee profit-sharing and equity ownership structure exists at Fidelity?
Fidelity shares corporate financial success directly with its employees through generous annual profit-sharing contributions to 401(k) plans and restricted phantom stock programs, fostering high employee retention and alignment with long-term customer satisfaction.
Is Fidelity a public company?
No. Fidelity is one of the absolute largest privately held companies in the world. It is still heavily controlled by the Johnson family (currently under CEO Abigail Johnson) and the employees themselves. By remaining private, they avoid massive Wall Street pressure and can invest heavily in long-term tech.
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Using these figures? Please credit CorpDigest with a link.
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 $37.7B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/fidelity-investments/financials" target="_blank" rel="noopener">CorpDigest — Fidelity Investments financials</a></div>Related Financial Audits
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