Revolut has reported record financial results for the year ended 31 December 2025, with revenue rising 46% to €5.3 billion and profit before tax increasing 57% to €2.0 billion.
The company recorded a pre-tax profit margin of 38%, marking its fifth consecutive year of net profitability, with net profit reaching €1.5 billion.
Growth was driven by expansion across multiple revenue streams, including subscriptions, card payments, wealth management, foreign exchange, and interest income.
The firm noted that 11 product lines each generated approximately €100 million in annual revenue, reflecting a more diversified business model.
Customer deposits rose 66% to €57.5 billion, while the loan portfolio more than doubled to €2.5 billion, contributing to a 23% increase in interest income.
Operationally, retail customers grew 30% to 68.3 million, alongside a 33% increase in business customers to 767,000.
In Switzerland, Revolut added 240,000 new users, bringing total customers in the country to over 1 million. Total transaction volume rose 65% to €1.5 trillion, with higher usage per customer.
Revolut Business accounted for €323 billion of total transaction volume, with growth exceeding 140% in markets including Singapore, Australia, and the USA.
The company also reported continued expansion in international markets and product offerings, including developments in wealth management, lending, connectivity, and security features.
Nik Storonsky, Co-founder and CEO, said:
“2025 was a decisive year for us. We have built a diversified and robust business model that scales profitably and forms the basis for further growth. While we develop into a truly global bank, we show that our technology-driven approach enables us to grow quickly and at the same time remain extremely profitable. Even a decade after our founding, we are only at the beginning of what is possible.”
Revolut also made progress in its banking license strategy, operating as a licensed bank in more than 30 markets.
It launched banking operations in Mexico in January 2026, completed its UK mobilisation phase in March, and submitted an application for a US national bank license the same month.
Looking ahead, the company plans to invest €11.5 billion over five years to support growth and innovation, with a target of reaching 100 million customers by mid-2027.
Featured image credit: Revolut press release
