Revolut revenue surges to $6Bn as it aims for 100M customers
Revolut has reported a record-breaking financial performance for 2025, marking a pivotal moment as the fintech firm transitions into what it describes as a “truly global bank” a decade after its launch.
According to its latest annual report, the company delivered strong growth across all major metrics, with revenue rising 46% year-on-year to $6.0 billion (£4.5 billion), up from $4.0 billion in 2024. This surge was driven by a diversified business model spanning multiple revenue streams, with 11 product lines each generating more than £100 million annually.
Profitability also reached new highs. Profit before tax climbed 57% to $2.3 billion (£1.7 billion), while net profit increased to $1.7 billion (£1.3 billion).
Nik Storonsky, Co-Founder and CEO of Revolut, said: “2025 was another landmark year. We have built a diversified, resilient business that is profitable at scale, providing the foundation for our next phase of growth. As we transition into a truly global bank, we are proving that our technology-driven operating model continues to drive rapid expansion and record profitability. A decade into this journey, we have only just begun to show what is possible.”
Customer growth remained a key driver. Revolut added 16 million new retail users during the year, bringing its total customer base to 68.3 million globally – a 30% increase. Business accounts also grew significantly, rising 33% to 767,000. Across Europe, the firm now claims one in five working-age adults use its platform.
The company’s expansion has been supported by continued product innovation. In 2025, Revolut broadened its wealth offering with zero-commission ETF investment plans and expanded trading services across multiple markets. It also entered the mortgage space in Lithuania with a fully digital refinancing product and launched its own mobile network service in the UK and Poland.
Looking ahead, Revolut is rapidly scaling its global banking footprint. The company began 2026 by launching full banking services in Mexico and completing its UK banking mobilisation phase, enabling it to serve its 13 million UK customers as a licensed bank. It has also filed for a US national bank charter as part of its international expansion strategy.
To support this growth, Revolut has committed to investing £10 billion over the next five years, including the creation of 1,000 jobs at a new global headquarters in London.
With ambitions to reach 100 million customers by mid-2027, the company is positioning its diversified, technology-led model as the foundation for long-term growth, aiming to redefine the structure and scale of modern banking.
Victor Stinga, CFO of Revolut, commented: “Our 2025 results further demonstrate the strength of our diversified model, as we continue to deliver rapid expansion alongside increasing profitability. Our 38% profit before tax margin is a result of disciplined financial steering and our ability to scale efficiently while continuing to invest in our people and infrastructure. With 11 different product lines now exceeding £100 million in annual revenue, our multi-engine platform provides the structural resilience to navigate any environment. We enter our second decade from a position of strength, uniquely placed to continue incubating the new bets that will redefine banking.”
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