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Andersen Group Posts Record 2025 Revenue Amid Continued Investments

Story Highlights
  • Andersen posted record 2025 revenue and fourth-quarter growth, with broad-based gains across tax, consulting and mobility services despite IPO-related charges driving a GAAP net loss.
  • The firm plans continued heavy investment in talent, technology, AI and acquisitions in 2026, accepting a likely net loss to reinforce its market position and support long-term scalable growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andersen Group Posts Record 2025 Revenue Amid Continued Investments

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The latest update is out from Andersen Group, Inc. Class A ( (ANDG) ).

Andersen Group Inc., a San Francisco–based tax and financial advisory firm, reported record fourth-quarter and full-year 2025 results on March 17, 2026, highlighting broad-based revenue growth across all core service lines. Full-year revenue rose 14.6% to $838.7 million from 2024, while fourth-quarter revenue increased 19.6% year over year to $170.3 million, driven by client additions, higher engagement volume and service expansion rather than one-off items.

Despite reporting a 2025 net loss of $130.2 million tied largely to initial public offering and equity-related expenses, Andersen’s adjusted net income climbed to $217.0 million from $136.4 million a year earlier, underscoring underlying profitability. The company detailed strong operational momentum, including rising client counts and a modest uptick in employees, and signaled that continued heavy investment in talent, technology, automation, AI and integration of acquired firms in 2026 is expected to result in a net loss for the year, reflecting a trade-off between near-term earnings pressure and long-term growth and margin expansion.

The most recent analyst rating on (ANDG) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Andersen Group, Inc. Class A stock, see the ANDG Stock Forecast page.

More about Andersen Group, Inc. Class A

Andersen Group Inc., listed on the NYSE as ANDG, operates in the tax and financial advisory industry, providing professional services primarily on a time-and-materials basis. Its offerings span Private Client Services, Business Tax Services, Alternative Investment Funds and Valuation Services, targeting individuals, families, businesses and investment funds with complex tax, wealth and compliance needs.

The firm’s revenue mix is led by Private Client Services, which contributed just over half of 2025 revenue, followed by Business Tax Services, with smaller but meaningful contributions from work with alternative investment funds and valuation engagements. Andersen serves a diversified client base, including hundreds of large client groups generating more than $250,000 in annual revenue, and continues to grow its workforce to support rising demand across service lines.

Average Trading Volume: 315,674

Current Market Cap: $2.59B

For an in-depth examination of ANDG stock, go to TipRanks’ Overview page.

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