How Revolut Scored Record-Breaking Results for FY 2025

Revolut has revealed its financial results for 2025, indicating that the company is firmly on track to progress towards its 100-market goal. 

Revolut has solidified its position as a dominant force in the global financial landscape, reporting a record-breaking financial performance for 2025.

The Group saw its profit before tax climb to £1.7bn (US $2.3bn) – a 57% increase from the £1.1bn (US$1.4bn) recorded in 2024.

This financial milestone was supported by a 46% rise in group revenue, which reached  £4.5bn (US$6bn) in 2025, up from £3.1b (US$4bn) in the previous year.

The firm attributed this trajectory to a resilient, diversified model that balances rapid growth with structural margin expansion.

Revenue diversification and business growth

The fintech’s strategy to move beyond its origins as a travel card is evident in its income streams.

Revolut Business has become a significant pillar of the ecosystem, now accounting for 16% of total income.

Across the board, the Group tracks 11 different product lines that each exceeded approximately £100m (US$135m) in revenue.

Specific segments saw substantial gains:

• Subscriptions: Turnover reached £708m (US$936m), up 67% year on year from £423m (US$541m)
• Card payments: Grew 45% to £1bn (US$1.3bn) from £694m (US$887m)
• Wealth: Increased 31% to £663m  (US$876m) from £506m (US$647m)
• Foreign exchange: Rose 43% to £606m (US$800m) from £422m (US$540m).

Customer balances expanded by 66% to £50.2bn (US$67.5bn), up from £30bn (US$38bn) in 2024.

While maintaining a prudent balance sheet with 90% of assets in cash and Treasury Investments, Revolut’s lending portfolio grew 120% to £2.2bn (US$2.9bn).

This contributed to a 23% increase in interest income, which hit £974m (US$1.3bn).

Nik Storonsky, Co-Founder and CEO of Revolut, says: “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.”

Deepening daily engagement

The fintech added 16 million new retail customers in 2025, bringing its global total to 68.3 million.

In Europe, the brand has achieved significant market penetration, with one in five working-age adults now using the app.

Business customers also saw a 33% increase, reaching 767k by year-end.

Transaction activity surged, with total volumes rising 65% to £1.3tn (US$1.7tn).

Accounting for £277bn (US$365bn) of the transaction volume was Revolut Business. 

The B2B segment showed particular strength in expansion markets such as Singapore, Australia and the US, where Revolut Business transaction volumes grew by more than 140% year on year.

Engagement was further bolstered by the RevPoints loyalty programme, which grew to 17 million users across 36 markets, compared to 6.6 million at the end of 2024.

Product innovation and security

In 2025, the company accelerated its roadmap to enhance its utility as a daily financial app.

This included the rollout of zero-commission ETF investment plans in the EEA and the launch of mortgage refinancing in Lithuania, marking a strategic entry into secured lending with a fully digital application process.

Connectivity also became a priority with the launch of Revolut Mobile in the UK and Poland, making it the first large-scale financial institution to offer a dedicated mobile network service.

On the security front, the integration of advanced AI models allowed for a 10x increase in the daily volume of potential fraud cases reviewed.

Global banking ambitions

As of March 2026, the company is pivoting from a European leader to a global banking contender.

Following the launch of full banking in Mexico in January, the Group successfully exited mobilisation in the UK in March.

This milestone allows the firm to provide full banking services to its 13 million UK customers and serves as a template for its formal application for a US national bank charter, filed in March 2026.

To support this scale, the Group has committed to a £10bn (US$13bn) investment over the next five years.

This capital will fuel international growth, including the creation of 1,000 high-skilled roles at the new London Global HQ and accelerated operations across Western Europe and the US.

The firm is now focused on reaching a strategic milestone of 100 million customers by mid-2027.