Revolut has reported a record profit of $2.3B for the fiscal year 2025, marking its fifth consecutive year of net profitability.
The substantial profit before tax represents a 57% increase compared to 2024, alongside a profit before tax margin that improved to 38%, up from 35% in the previous year.
This remarkable financial performance is underpinned by a 46% rise in group revenues, which reached $6B, highlighting significant growth across all product lines.
The growth trajectory is evident in the company’s diverse revenue streams, with 11 product lines each generating over $135M. Subscription services contributed $936M, up 67% YoY while revenue from card payments surged to $1.3B: a 45% increase.
Vertical Success
Wealth management services also experienced robust growth, with revenues climbing 31% to $876M. Foreign exchange and interest income similarly saw substantial growth, further bolstering overall financial performance.
Customer engagement has intensified, with total customer balances increasing 66% to reach $67.5B. Revolut’s retail customer base by 30%, while business customers expanded by 33% to 767,000.
Market Expansion
This expansion reflects Revolut’s commitment to diversifying its customer portfolio, as evidenced by its operations in over 30 of its target 40 markets, including key territories such as the UK and Mexico.
In 2025, Revolut made significant strides towards the ambitious goal of operating as a fully licensed global bank. The group has initiated steps towards securing a U.S. national bank charter, with formal applications filed in March 2026. This transition is indicative of Revolut’s strategic vision to enhance its global footprint while maintaining regulatory compliance.
Looking ahead, Revolut plans to operationalise its global banking network aggressively. The group has committed to a £10B investment over the next five years, aimed at fostering international growth, particularly in the United States and Western Europe.
The bank is also actively preparing for its entry into the UAE market, with in-principle approvals obtained for various financial licences.
UAE job postings for the firm are advertising start dates of April.
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