Revolut posted its strongest year yet in 2025, with profit before tax rising 57% to $2.3 billion, or £1.7 billion, as the company continued to expand from a fast growing fintech into a broader financial platform. Group revenue climbed 46% to $6 billion, showing that the business is no longer relying on a single growth engine but drawing momentum from multiple product lines at once.
The scale of that expansion is visible across its customer base and balance sheet. Revolut said retail users grew 30% to 68.3 million in 2025, while business customers increased 33% to 767,000. Total customer balances surged 66% to $67.5 billion, which points to deeper engagement and a larger share of everyday financial activity flowing through the app.
What makes the result especially notable is that profitability improved alongside growth, not instead of it. Pretax margin expanded to 38% from 35% a year earlier, and net profit rose to $1.7 billion from about $1 billion in 2024. That suggests Revolut is extracting more operating leverage from its model as it scales, rather than simply spending aggressively to buy user growth.
The timing also matters strategically. The results arrive just after Revolut secured full U.K. banking authorization and as it pushes ahead with a wider banking strategy that includes Mexico, a U.S. bank charter application, and plans to migrate its 13 million U.K. customers toward FSCS-protected deposit accounts. In other words, the company is trying to use this earnings strength as a base for a bigger transition from payments app to global bank-like institution.
Crypto remains part of the story, but it is no longer the whole story. Earlier years saw trading and crypto help drive bursts of growth, yet the 2025 numbers show a business that is broadening its revenue mix and becoming more resilient. With a 2025 fundraising process implying a $75 billion valuation and no fixed IPO timeline yet, Revolut is entering 2026 looking less like a niche crypto-friendly fintech and more like one of Europe’s most powerful private financial companies.





































































































