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Accounting Industry Index statistics: Key findings from the Q1 2026 edition

Jeff NicholsNovember 4, 2026 · 4 min read

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Accounting Industry Index statistics: Key findings from the Q1 2026 edition

Key takeaways:

  • Firms using TaxDome grew their client bases by 22% year over year from 2024 to 2025, according to TaxDome’s Accounting Industry Index.
  • Team sizes grew by 10% over the same period, so firms added clients at more than twice the rate they added staff.
  • Gross merchandise value (GMV) processed through TaxDome grew 27% year over year, outpacing both client growth and team growth.
  • Firms that link invoices to deliverables get paid in 4.4 days on average, compared with 11 days for firms that don’t. That’s 2.5x faster.
  • 90% of clients who log in to the TaxDome client portal once return for future activity instead of reverting to email, phone calls, or paper.

The Accounting Industry Index – Q1 2026 edition, published by TaxDome, analyzes operational data from more than 15,000 tax, bookkeeping, and full-service accounting firms, from solo practitioners to firms with 25+ staff. Firms using TaxDome grew their client bases by 22% year over year from 2024 to 2025.

Accounting firms enter 2027 facing a constrained CPA pipeline, rapid AI adoption, and ongoing consolidation. Client demand keeps rising anyway.

This is the first edition of a new quarterly series. Here are five key accounting industry statistics for 2026 from the report, and what they mean for growing firms.

Table of сontents

  1. How the Index builds accounting firm benchmarks
  2. Accounting firm growth statistics: Client bases grew 22% while teams grew 10%
  3. GMV grew 27%, faster than client and team growth
  4. Accounts receivable statistics: Linking invoices to deliverables speeds payment 2.5x
  5. 90% of clients who log in to the TaxDome client portal come back
  6. What the Q1 2026 findings mean for accounting firms
  7. Accounting industry statistics 2026: Frequently asked questions
  8. Benchmark your firm against the full report

How the Index builds accounting firm benchmarks

The Accounting Industry Index is built on anonymized operational data from more than 15,000 tax, bookkeeping, and full-service accounting firms using TaxDome.

Growth metrics compare 2024 with 2025 for firms that were active on the platform in both years.

Client portal activity draws on all firms using TaxDome in 2025, including firms that joined during the year. The full report also segments results into five firm-size cohorts, from solo practitioners to firms with 25+ employees.

MethodologyDetails
Research methodAnalysis of anonymized operational data from firms using TaxDome
SampleMore than 15,000 tax, bookkeeping, and full-service accounting firms
Insight breakdownSolo practitionersFirms of 2-4 employeesFirms of 5-9 employeesFirms of 10-24 employeesFirms of 25+
Inclusion rulesGrowth metrics: firms active on TaxDome in both 2024 and 2025Client portal activity: all firms using TaxDome in 2025, including firms that joined during the year

Accounting firm growth statistics: Client bases grew 22% while teams grew 10%

Firms using TaxDome grew their client bases by 22% and their teams by 10% year over year from 2024 to 2025. Source: TaxDome Accounting Industry Index - Q1 2026 edition.

Across all firm sizes, client bases grew 22% year over year from 2024 to 2025. That growth was broad-based, spanning solo practitioners through firms with 25+ employees.

Team sizes grew 10% over the same period. In other words, firms are adding clients at more than twice the rate they’re adding staff.

Part of that gap reflects the ongoing CPA shortage. Rising compensation expectations and the time it takes to onboard new hires also make headcount an expensive way to add capacity.

The report points to a more deliberate approach. Firms appear to be increasing leverage through workflow structure, automation, and clearer role definition, which lets them serve more clients per team member.

“Automation and workflow tools are huge, especially for smaller or growing teams. They cut down on busywork, help avoid missed or lost work, and let firms spend more time actually helping clients and less on admin and follow-ups.”

— Patrick Payne | Founder | Your Modern Accountant

For growing and larger firms, the priority in 2026 is building systems that let existing teams absorb rising demand.

GMV grew 27%, faster than client and team growth

GMV processed through TaxDome grew 27% year over year, compared with 22% client growth and 10% team growth. Source: TaxDome Accounting Industry Index - Q1 2026 edition.

GMV processed through TaxDome grew 27% year over year. That’s faster than both client growth (22%) and team growth (10%).

If revenue were purely a function of volume, GMV would track closely with client counts. Because it grew faster, firms are generating more revenue per client and per team member than they did a year earlier.

“What we’re seeing in the accounting industry is that both revenue per client and profit margins improve as firms become more intentional about their operating model.”

— Daniel Talbott, EA, CEPA | Founder and Accounting M&A Advisor | RightExit

The report connects this shift to more disciplined pricing, higher-value advisory services, structured billing, and digital workflows that tighten the link between delivery and payment.

Accounts receivable statistics: Linking invoices to deliverables speeds payment 2.5x

Firms that link invoices to deliverables get paid in 4.4 days vs. 11 days, 2.5x faster. Source: TaxDome Accounting Industry Index - Q1 2026 edition.

Cash flow shapes how quickly a firm can hire, invest in technology, or ride out seasonal swings. For many firms, the gap between finished work and received payment is longer than it needs to be.

According to the Accounting Industry Index, firms that link invoices to deliverables get paid in 4.4 days on average, compared with 11 days for firms that don’t.

That one structural choice makes payment 2.5x faster. The closer billing sits to delivery, the sooner firms get paid.

Many firms pair linked billing with clearer pricing, such as tiered service packages within proposals. Defined scope makes pricing easier to communicate and enforce, which reduces collection friction later.

The report also finds that proposal adoption accelerates with firm size.

See how proposal and invoice usage changes at every firm size, from solo practitioners to firms with 25+ staff, in the full Accounting Industry Index – Q1 2026 edition.

Download the report

90% of clients who log in to the TaxDome client portal come back

90% of clients who log in to the TaxDome client portal once return. Source: TaxDome Accounting Industry Index - Q1 2026 edition.

Many firms hesitate to move clients onto a portal. They worry that clients comfortable with email, phone calls, and paper will push back, or even leave.

TaxDome’s data suggests those worries are overstated. 90% of clients who log in to the TaxDome client portal once return for future activity instead of reverting to email, phone calls, or paper.

If resistance were the real barrier, clients would try the portal once and drift back to old habits. Most stay, so the report frames adoption as an activation challenge.

That puts the focus on first interactions. Easy wins, like a welcome message clients can answer from the mobile app, show them the value of a central system right away.

What the Q1 2026 findings mean for accounting firms

Taken together, these accounting firm growth statistics describe a profession that is scaling through operations as much as through client acquisition. Growth increasingly depends on how work is structured, from onboarding and communication to proposals, billing, and payment.

MetricQ1 2026 Index finding
Client growth, 2024 to 2025+22% YoY
Team growth, 2024 to 2025+10% YoY
GMV growth, 2024 to 2025+27% YoY
Average time to payment, invoices linked to deliverables4.4 days
Average time to payment, invoices not linked to deliverables11 days
Client portal return rate after first login90%

TaxDome’s Chief Revenue Officer sees the same pattern across the full dataset.

“What this data shows is that firms are not just growing by adding clients; they’re growing by changing how they operate. The firms seeing the strongest results are the ones structuring their workflows, standardizing how they deliver services, and building systems that allow them to scale without increasing complexity at the same pace.”

— Petar Iliev | CRO | TaxDome

Accounting industry statistics 2026: Frequently asked questions

What are the key accounting industry statistics for 2026?

According to TaxDome’s Accounting Industry Index – Q1 2026 edition, firms using TaxDome grew their client bases by 22% and their teams by 10% year over year from 2024 to 2025, while GMV processed through TaxDome grew 27%.

Firms that link invoices to deliverables get paid in 4.4 days on average, compared with 11 days for firms that don’t, and 90% of clients who log in to the TaxDome client portal once return.

Are accounting firms growing faster than they’re hiring?

Yes. Firms using TaxDome grew their client bases by 22% year over year while their teams grew 10%, so they added clients at more than twice the rate they added staff.

How can accounting firms get paid faster?

Firms that link invoices to deliverables get paid in 4.4 days on average, compared with 11 days for firms that don’t. That’s 2.5x faster.

Do accounting clients actually use client portals?

Yes. 90% of clients who log in to the TaxDome client portal once return for future activity instead of reverting to email, phone calls, or paper.

What is the Accounting Industry Index?

The Accounting Industry Index is a quarterly benchmark report published by TaxDome. It analyzes anonymized operational data from more than 15,000 tax, bookkeeping, and full-service accounting firms, and the Q1 2026 edition is the first in the series.

Benchmark your firm against the full report

These five findings are only part of the picture. The full report breaks down client growth, team growth, GMV, proposal usage, and invoice usage for each firm-size cohort, along with strategic implications for every stage of growth.

Download The Accounting Industry Index – Q1 2026 edition to see how your firm compares, and watch for new editions each quarter.

Get the report
Jeff Nichols
Written by Jeff Nichols
54 articles

Jeff writes for TaxDome with experience in accounting, finance, and invoicing industries. He focuses on educating users about accounting trends and maximizing productivity through practical guidance on TaxDome’s features.

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