How many employees work at Ricardo?
Ricardo Ltd. has approximately 3,484 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Ricardo's total headcount has declined 5.0% from 3,666 employees in 2023 to 3,484 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is Ricardo hiring right now?
Yes, Ricardo is actively hiring. Ricardo had 149 active job postings in 2026, a 17.7% decline from 2025 — see job openings & hiring trends.
About Ricardo's Workforce
Ricardo Ltd. is an Engineering and Construction Services company that employs 3,484 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1915, the company is headquartered in Shoreham-by-Sea, United Kingdom.
Ricardo's workforce has declined 5.0% from 2023 to 2026, down 2.8% year over year in 2026. It fell to a low of 3,484 in 2026 Q1 before recovering. Its workforce is concentrated most in the United Kingdom (48.3%), followed by the United States (10.8%) and China (9.3%), with India, its fastest-growing location.
Ricardo's largest functional groups are Finance and Operations (48.4%), Engineering (26.9%), and Sales and Marketing (24.7%). Median employee tenure is 4.8 years. The average salary is $77,229, ranging from a median of $115,000 in Pacific Islands to $48,000 in Eastern Asia.
Ricardo's active job postings fell 17.7% in 2026 to 149, with new postings per month cooling from 186 in 2023 to 104 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
As of March 2026
Ricardo
workforce metrics
Headcount
3.5k
2.8% YoY
Avg. Salary
$77.2k
4.3% YoY
Tenure
4.8yr
0.3yr YoY
Growth Rate
-2.8%
0.7pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Ricardo. Compare to peers, export the dataset, and access the full quarterly history.
- Ricardo had 3,484 employees in 2026, a 2.8% decline (-100) from 2025.
- Ricardo had 3,535 employees in 2025, a 1.6% decline (-57) from 2024.
- Ricardo had 3,592 employees in 2024, a 4.1% decline (-152) from 2023.
- Ricardo had 3,744 employees in 2023, a 3.4% increase (+124) from 2022.
Ricardo's total workforce has declined from 3,666 employees in 2023 to 3,484 in 2026.
Ricardo Ltd. — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 3,484 | -100 | -2.8% |
| 2025 | Q4 | 3,535 | -57 | -1.6% |
| 2025 | Q3 | 3,513 | -97 | -2.7% |
| 2025 | Q2 | 3,514 | -111 | -3.1% |
| 2025 | Q1 | 3,584 | -79 | -2.2% |
| 2024 | Q4 | 3,592 | -152 | -4.1% |
| 2024 | Q3 | 3,610 | -141 | -3.8% |
| 2024 | Q2 | 3,625 | -41 | -1.1% |
| 2024 | Q1 | 3,663 | +36 | +1.0% |
| 2023 | Q4 | 3,744 | +124 | +3.4% |
| 2023 | Q3 | 3,751 | +83 | +2.2% |
| 2023 | Q2 | 3,666 | +16 | +0.5% |
Want to see Ricardo's complete headcount history back to 2008, including quarterly breakdowns?
The United Kingdom accounts for the largest share of Ricardo's global workforce with approximately 48% of total employees, followed by the United States and China. Ricardo's headcount in India is growing fastest among its major locations, up 21.0% year over year in 2026.
Ricardo employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| United Kingdom | 1,681 | 48.3% | -0.8% |
| United States | 375 | 10.8% | -1.2% |
| China | 322 | 9.3% | +0.0% |
| Australia | 214 | 6.1% | -7.9% |
| Czech Republic | 126 | 3.6% | +3.8% |
| Netherlands | 112 | 3.2% | +2.3% |
| Spain | 99 | 2.8% | +16.8% |
| India | 53 | 1.5% | +21.0% |
| Brazil | 49 | 1.4% | +2.2% |
| Greece | 48 | 1.4% | +10.5% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Ricardo's largest employee groups are Finance and Operations (48.4%), Engineering (26.9%), and Sales and Marketing (24.7%).
Ricardo employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 1,670 | 48.4% | +0.4% |
| Engineering | 929 | 26.9% | -0.0% |
| Sales and Marketing | 852 | 24.7% | -1.0% |
Compare Ricardo's department mix to industry peers.
Ricardo's average employee salary is $77,229 globally. Employees in Pacific Islands receive the highest compensation, with median pay approximately 1.5x the global average. Pay is lowest in Eastern Asia, at a median of $48,000.
Ricardo median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Pacific Islands | $115,000 |
| Northern America | $102,000 |
| Western Europe | $75,000 |
| Northern Europe | $75,000 |
| Arab States | $69,000 |
| Southern Europe | $50,000 |
| Eastern Asia | $48,000 |
| Eastern Europe | $36,000 |
| Central America and the Caribbean | $28,000 |
| South-Eastern Asia | $16,000 |
| Southern America | $14,000 |
| Northern Africa | $11,000 |
| Southern Asia | $10,000 |
| Sub-Saharan Africa | $6,000 |
Unlock salary by role, level, and city — and compare to Ricardo's industry peers.
- Ricardo had 149 active job postings in 2026, a 17.7% decline (-15) from 2025.
- Ricardo had 164 active job postings in 2025, a 11.6% increase (+18) from 2024.
- Ricardo had 146 active job postings in 2024, a 17.5% decline (-28) from 2023.
- Ricardo had 174 active job postings in 2023, a 62.7% decline from 2022.
- Hiring velocity in 2026: 104 new roles/month, down from 152 in 2025 and 146 in 2024. New metric
Ricardo's hiring is slowing: active job postings fell 17.7% in 2026 to 149, with new postings per month cooling from 186 in 2023 to 104 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Ricardo's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Engineering and Construction Services Companies by Employee Count
- How fast is Ricardo growing?
- In 2026, Ricardo's headcount shrank 2.8% to 3,484 employees, down from 3,584 in 2025.
- Where are Ricardo employees located?
- Most Ricardo employees are based in the United Kingdom (48.3% of headcount), followed by the United States and China.
- What is the average salary at Ricardo?
- The average employee salary at Ricardo is approximately $77.2k per year.
- How many people does Ricardo hire per year?
- In 2026, Ricardo opened roughly 1,248 new roles — about 104 per month.
- When was Ricardo founded and where is it headquartered?
- Ricardo was founded in 1915 and is headquartered in Shoreham-by-Sea, United Kingdom.
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