London-based cryptocurrency fintech giant Revolut reported record profits in 2025 as it expands into new markets.
According to its annual report, pre-tax profits increased 57% year-on-year to US$2.3 billion, and revenue increased 46% to US$6 billion. The company achieved net profits for the fifth consecutive year, with net profits of $1.7 billion in 2025, and profit margins improving to 38%.
Growth comes from a broader service portfolio. Card payments, subscriptions, foreign exchange and wealth management products all contribute significant revenue. The company said all 11 business lines generated revenue of more than $135 million.
Customer activity also surged. Total balances grew 66% to $67.5 billion, with transaction volume reaching $1.7 trillion. Revolut added 16 million retail users, bringing its total to 68.3 million. Business accounts increased to 767,000.
Regulatory progress remains central to its strategy. The company currently operates as a licensed bank in more than 30 markets, having started operations in markets including the UK earlier this month and has applied for a US banking license.
Revolut said it plans to invest $13 billion over five years and aims to reach 100 million customers by 2027. The company allows users to buy and sell cryptocurrencies through its platform, including through a dedicated exchange called Revolut X.