Profitability Soars 57% on Diversified Revenue
London-based fintech Revolut reported record earnings for 2025, solidifying its position as a profitable, high-growth financial technology company. According to its annual report released March 24, profit before tax rose 57% year-over-year to $2.3 billion, while revenue climbed 46% to $6 billion. The company achieved its fifth consecutive year of net profit, which reached $1.7 billion for 2025 as profit margins improved to 38%.
This growth was not reliant on a single product. The firm highlighted that its expansion was fueled by a diversified mix of services, including card payments, subscriptions, foreign exchange, and wealth products. Demonstrating this resilience, Revolut stated that eleven of its business lines each generated more than $135 million in revenue.
Customer Base Swells to 68.3 Million, Fueling Expansion
Revolut’s financial success is directly tied to its rapidly growing user base. The company added 16 million new retail users in 2025, bringing its total to 68.3 million. This surge in adoption translated into a 66% increase in total customer balances to $67.5 billion and a total transaction volume of $1.7 trillion. The growth extends to its commercial offerings, with business accounts increasing to 767,000.
This trend reflects deepening user engagement, with customers increasingly using Revolut as their primary financial hub. Victor Stinga, Revolut's Chief Financial Officer, noted that the results are a reflection of a superior product that encourages users to migrate more of their financial lives onto the platform.
Regulatory Wins Unlock Global Banking Ambitions
Strategic regulatory progress is unlocking Revolut's next phase of growth. The company secured a full UK banking license in March, a critical milestone that allows it to offer more lucrative products like personal loans and credit cards in its home market. Building on this momentum, Revolut has also filed for a U.S. banking license, signaling its intent to compete directly with American financial institutions.
With a valuation of $75 billion, the firm is now targeting 100 million customers by 2027, backed by a planned investment of $13 billion over the next five years. This strategy includes enhancing its crypto offerings through its dedicated exchange, Revolut X.
A decade into this journey, we have only just begun to show what is possible.
— Nik Storonsky, Cofounder and CEO.
