Global Quarterly Performance Reports

January to March 2025 Q1 Report

This report covers RICS’ performance from January to March 2025.

With the announcement of a new operating model, we began to shape an organisation better equipped to provide a world-class experience for members, with more resources locally. This includes more autonomy for regional groups and a suite of improvements that we are working to roll out swiftly, ensuring that members will increasingly feel the impact of significant changes throughout 2025.

Download the Q1 2025 Report PDF

Candidates and Designations

113,185

number of professionals (with RICS designations)

30,331

number of candidates working towards a professional designation

1,816

new candidate enrolments

Financial update

Our first quarter operating results of £896,000 are above budgeted expectations of £596,000. Strong performances on commercial revenues and margins, particularly in training, conferences and advertising products have been the main contributor. In addition we have seen a growth in revenue from the dispute resolution service. Subscriptions are tracking in line with budget and election and enrolment revenue is running behind budget. This increase in revenue compared to budget has been offset partially by an increase in people costs due to the organisational redesign which was budgeted to start earlier than has actualised. Investment performance has declined compared to budget due to the impact of tariffs in the global stock markets – this is being closely monitored.

Key Highlights

RICS collaboration with iMasons Climate Accord

This new collaboration aims to position RICS members as sustainability leaders in the digital infrastructure sector.

23 new board members appointed

Welcoming fresh ideas and diverse voices into key boards and advisory groups – find out more about our boards here.

BEES 2025 attracts strategic partnerships

We welcome the Hungarian Central Bank as a strategic partner, joining forces with the Developers’ Roundtable and other leading stakeholders.

Domestic Air Source Heat Pumps Consumer Guide published

RICS is continuing its engagement and technical support to MHCLG and the Welsh and Scottish governments around fire safety and building safety.

Conflict Avoidance Pledge new member

The Environment Agency has signed up to the pledge along with plans to encourage its supply chain to do the same. Find out more.

Minecraft goes green

Young minds build sustainable cities in new RICS challenge to close skills gap.

Leading and influencing on sustainability

At MIPIM, we spotlighted sustainability and our related standards – specifically Whole life carbon assessment and its accompanying guides – to an audience of changemakers from across the world. RICS and FIABCI committed to a strategic global partnership at the festival, signing a new Memorandum of Understanding in a bid to progress sustainable practices worldwide.

Our research continued to support the international effort for decarbonisation as the RICS Sustainability report 2024 and our Global construction monitor, were cited in two global publications.

Image credit: lanouvelleeconomie.tv

Overview

The global quarterly performance reports are intended to give both employees and professionals a high-level overview of the organisation's operational performance at the end of each quarter.

For over a century and a half, our Charter has driven the surveying profession’s ultimate purpose to advance positive outcomes for the benefit of society. With our new vision for a sustainable, resilient, and inclusive natural and built environment, our strategy sets out the strategic goals that we will prioritise for the coming years. You can read more about it here.