Neobank Revolut Achieves Record Profit of $1.7 Billion in 2025
British neobank Revolut has once again posted record results for the 2025 fiscal year. Pre-tax profit rose 57 percent to $2.3 billion, while group revenue increased 46 percent to $6.0 billion. It is the fifth consecutive year in which the company has closed profitably.
Key Metrics at a Glance
| Metric | 2025 | 2024 | Change |
|---|---|---|---|
| Total Revenue | $6.0 bn. | $4.0 bn. | +46% |
| Pre-tax Profit (PBT) | $2.3 bn. | $1.4 bn. | +57% |
| Net Profit | $1.7 bn. | $1.0 bn. | +70% |
| PBT Margin | 38% | 35% | +3 pp. |
| Card Business | $1.3 bn. | $887 m. | +45% |
| Interest Income | $1.3 bn. | $1.0 bn. | +23% |
| Subscriptions | $936 m. | $541 m. | +67% |
| Wealth Revenue | $876 m. | $647 m. | +31% |
| FX Revenue | $800 m. | $540 m. | +43% |
| Total Customer Deposits | $67.5 bn. | $38.0 bn. | +66% |
| Loan Portfolio | $2.9 bn. | N/A | +120% |
| Total Retail Customers | 68.3 m. | 52.3 m. | +30% |
| Business Customers | 767,000 | approx. 577,000 | +33% |
| Total Transaction Volume | $1.7 tn. | N/A | +65% |
Strong Growth Across All Business Segments
Revenue growth was driven by several pillars. The subscription business recorded the strongest increase among the major product lines, rising 67 percent to $936 million. The card business grew 45 percent to $1.3 billion, while interest income increased 23 percent to $1.3 billion as a result of sharply higher customer deposits. In total, eleven different product lines each exceeded approximately $135 million in annual revenue.
Customer deposits rose 66 percent to $67.5 billion. The company held 90 percent of its assets in liquid funds and government bonds. The loan portfolio, comprising personal loans, credit cards, and a growing mortgage business, doubled to $2.9 billion.
Customer Growth and Market Position
Revolut gained 16 million new retail customers worldwide in 2025 and counted 68.3 million users at year-end. In Europe, one in five working-age adults now uses the app. In 15 countries on the continent, Revolut is the most downloaded finance app; in 26 countries it ranks among the top three. More than 63 percent of new customers came to the platform through word of mouth or referrals.
Transaction volume rose 65 percent to $1.7 trillion. The number of transactions per customer grew by 24 percent compared to the previous year. The business customer segment, Revolut Business, contributed $365 billion to the total volume and grew by more than 140 percent in expansion markets such as Singapore, Australia, and the United States.
Management Statements
“2025 was another milestone year. We have built a diversified, resilient company that is profitable at scale and forms the foundation for our next phase of growth. A decade into this journey, we have only begun to show what is possible,” said Nik Storonsky, Co-Founder and CEO of Revolut, in a statement.
“Our 2025 results once again demonstrate the strength of our diversified model. Our PBT margin of 38 percent is the result of disciplined financial management and our ability to scale efficiently while continuing to invest in people and infrastructure,” said Victor Stinga, CFO.
Regulatory Progress and Outlook
Revolut currently operates in 40 markets and holds a banking licence in more than 30 of them. In January 2026, the company commenced full banking operations in Mexico; in March 2026, it successfully completed the mobilisation phase in the United Kingdom. This enables Revolut to offer its 13 million British customers full banking services. Also in March 2026, the company filed a formal application for a national banking licence in the United States.
For the next five years, Revolut has announced investments of $13 billion to drive international growth and innovation. These include 1,000 new positions at its new London headquarters as well as significant capital allocations for the US and Western European markets. The strategic goal of reaching 100 million customers by mid-2027 remains in place.
