How many employees work at Ricardo?

Ricardo Ltd. has approximately 3,236 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Ricardo’s total headcount has declined 4.1% from 3,374 employees in 2023 to 3,236 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Ricardo hiring right now?

Yes, Ricardo is actively hiring. Ricardo had 150 active job postings in 2026, a 17.1% decline from 2025 see job openings & hiring trends.

About Ricardo’s Workforce

Ricardo Ltd. is an Engineering and Construction Services company that employs 3,236 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 4.1% from 2023 to 2026, down 1.3% year over year in 2026. It fell to a low of 3,236 in 2026 Q1 before recovering. Its workforce is concentrated most in Northern Europe (49.1%), followed by North America (11.8%) and East Asia (10.5%).

Ricardo's functional groups are Finance and Operations (47.9%), Engineering (27.2%), and Sales and Marketing (24.9%), with Engineering growing fastest (up 1.0%). The average salary is $79,243, ranging from a median of $114,000 in Pacific Islands to $48,000 in East Asia, down 1.6% year over year in 2026.

Ricardo's active job postings fell 17.1% in 2026 to 150, with new postings per month cooling from 186 in 2023 to 105 in 2026. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

Headquarters
Shoreham-by-Sea, United Kingdom
Founded
1915
Industry
Engineering and Construction Services
Employees
3,236
YoY
-1.3% (-63)

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Ricardo Annual Employee Count (2023-2026)

Interactive chart of Ricardo annual worldwide employee count from 2023 to 2026.
  • Ricardo had 3,236 employees in 2026, a 1.3% decline (-63) from 2025.
  • Ricardo had 3,262 employees in 2025, a 0.9% decline (-43) from 2024.
  • Ricardo had 3,305 employees in 2024, a 1.9% decline (-128) from 2023.
  • Ricardo had 3,433 employees in 2023, a 1.4% increase (+109) from 2022.

Ricardo's total workforce has declined from 3,374 employees in 2023 to 3,236 in 2026.

Ricardo Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q13,236-63-1.3%
2025Q43,262-43-0.9%
2025Q33,247-84-1.3%
2025Q23,237-102-1.6%
2025Q13,299-64-0.7%
2024Q43,305-128-1.9%
2024Q33,331-113-1.4%
2024Q23,339-35+0.3%
2024Q13,363+32+0.2%
2023Q43,433+109+1.4%
2023Q33,444+67+1.0%
2023Q23,374+16-0.3%

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Ricardo Employee Count by Region (2026)

Northern Europe accounts for the largest share of Ricardo's global workforce with approximately 49% of total employees, followed by North America and East Asia.

Ricardo employees by region

RegionEmployees% of Total
Northern Europe1,57749.1%
North America37911.8%
East Asia33710.5%
Pacific Islands2096.5%
Southern Europe1765.5%
Western Europe1454.5%
Eastern Europe1203.8%
South America993.1%
South Asia471.5%
Southeast Asia471.5%

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Ricardo Employee Count by Department (2026)

Ricardo's employee groups are Finance and Operations (47.9%), Engineering (27.2%), and Sales and Marketing (24.9%).

Ricardo employees by department

DepartmentEmployees% of Total
Finance and Operations1,52547.9%
Engineering86627.2%
Sales and Marketing79124.9%

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Ricardo Employee Salary by Region (2026)

Ricardo's average employee salary is $79,243 globally. Employees in Pacific Islands receive the highest compensation, with median pay approximately 1.4x the global average. Pay is lowest in East Asia, at a median of $48,000.

Ricardo median employee salary by region (USD)

RegionMedian Salary
Pacific Islands$114,000
North America$101,000
Western Europe$76,000
Northern Europe$75,000
Arab States$71,000
Southern Europe$50,000
East Asia$48,000
Eastern Europe$36,000
Central America and the Caribbean$28,000
Southeast Asia$17,000
South America$15,000
North Africa$11,000
South Asia$10,000
Sub-Saharan Africa$6,000

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Ricardo Job Openings and Hiring Trends (2023-2026)

Interactive chart of Ricardo annual active job postings from 2023 to 2026.
  • Ricardo had 150 active job postings in 2026, a 17.1% decline (-14) 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: 105 new roles/month, down from 152 in 2025 and 146 in 2024.

Ricardo's hiring is slowing: active job postings fell 17.1% in 2026 to 150, with new postings per month cooling from 186 in 2023 to 105 in 2026.

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Ricardo Employee Sentiment (2026)

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

NegativePositive

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Frequently Asked Questions About Ricardo

How fast is Ricardo growing?
In 2026, Ricardo's headcount shrank 1.3% to 3,236 employees, down from 3,299 in 2025.
See the full headcount history
Where are Ricardo employees located?
Most Ricardo employees are based in Northern Europe (49.1% of headcount), followed by North America and East Asia.
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What is the average salary at Ricardo?
The average employee salary at Ricardo is approximately $79.2k per year.
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How many new job postings does Ricardo open per year?
In Q1 2026, Ricardo opened 316 new job postings. In 2025, Ricardo opened 1,820 new job postings — about 152 per month.
Track hiring trends by role
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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