Skip to main content

Revolut Ltd

Digital BankingFounded 2015
Reviewed by Swet Parvadiya
Company data updated: October 2026

Financial Performance

Revolut Revenue & Financials

Revenue

~$5.9B (FY2025)

Net Income

~$1.7B

Employees

12,000

What is Revolut's revenue?

Revolut had ~$5.9B in revenue for fiscal year 2025, up 45.2% from 2024. Net income was ~$1.7B.

Latest revenue
~$5.9B (FY2025)
Year-over-year
+45.2%
Growth rate (CAGR)
69.6% over 3 years
Peak revenue
~$5.9B (FY2025)
Years of data
4
Employees
12,000
How much profit does Revolut make?
Revolut reported net income of ~$1.7B for fiscal year 2025. assets.revolut.com
How many employees does Revolut have?
Revolut has about 12,000 employees.

Financial Analysis

Revolut's growth has compounded quickly. Revenue rose from ~$1.22 billion (£923 million) in 2022 to ~$2.38 billion (£1.8 billion) in 2023, ~$4.09 billion (£3.1 billion) in 2024 and ~$5.94 billion (£4.5 billion) in 2025. Profit before tax went from ~$578 million (£438 million) (2023) to about $1.45 billion (£1.1 billion) (2024) and ~$2.24 billion (£1.7 billion) (2025), with net profit of about $1.72 billion (£1.3 billion) in 2025. Interest income grew only 23% in 2025, slower than other lines, while subscriptions rose 67% and cards 45%, so the mix is moving away from rate-driven income. Revolut is a highly disruptive British financial technology company offering global banking services, sustaining a massive private market valuation estimated at over $33 billion.

Revenue Trend Analysis

YoY Change

+45.2%

3-Year CAGR

+69.6%

Peak Year

2025

Trend

Consistent Growth

Revolut Ltd has 4 full fiscal year figures on this page, compounding at +69.6% annually over 3 years. The most recent year saw a 45.2% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$5.9B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.

Annual revenue history

Fiscal YearRevenueNet IncomeYoY ChangeSource
FY2025~$5.9B~$1.7B+45.2%Revolut Group annual report

Calendar year 2025. Profit before tax £1.7B ($2.3B); net profit about $1.72B (£1.3B). Revenue $6.0B in Revolut's dollar conversion.

FY2024~$4.1B—+72.2%Revolut Group annual report

Calendar year 2024. Profit before tax about $1.45 billion (1.1 billion pounds).

FY2023~$2.4B—+95.0%Revolut Group annual report

Calendar year 2023. Profit before tax ~$578 million (438 million pounds).

FY2022~$1.2B——Revolut Group annual report

Calendar year 2022, as stated in the 2023 annual report.

Click any row to see year details.

Related Companies

Compare Revolut Ltd Revenue With Competitors

Keep researching Revolut

Revolut Revenue and Financial FAQ

What was Revolut's revenue in 2023?

Revolut reported total revenues of £1.79 billion (approximately $2.2 billion) for the full year 2023, representing an impressive 95% year-over-year increase from £923 million in 2022.

How much net profit did Revolut generate in 2023?

Revolut generated a record pre-tax profit of £438 million and a net profit after tax of £344 million in 2023, up dramatically from a pre-tax loss of £25 million in 2022.

How much customer deposit money does Revolut hold?

As of year-end 2023, customer deposits on Revolut grew to £18.2 billion, up 38% from £13.2 billion in 2022, demonstrating strong depositor trust and accelerating primary bank account adoption.

How did rising central bank interest rates impact Revolut's profitability?

Net interest income surged to over £500 million in 2023 (compared to £83 million in 2022), as Revolut earned attractive yields on its £18B+ deposit base held at central banks and in high-grade liquid bonds.

What was the breakdown of Revolut's 2023 revenue streams?

In 2023, card and interchange fees generated roughly £500M, interest income produced over £500M, subscription fees contributed ~£240M, foreign exchange and wealth trading brought ~£390M, and business solutions generated the remainder.

What valuation did Revolut achieve in its August 2024 transaction?

In August 2024, Revolut completed an employee secondary share sale at a $45 billion valuation, led by prominent tech investors Coatue, Greenoaks Capital, and Dragoneer, solidifying its rank as Europe's most valuable private fintech firm.

How many paid subscription users does Revolut have?

By 2024, Revolut had over 3.5 million paying subscribers across its Plus, Premium, Metal, and Ultra tiers, representing a highly sticky, recurring SaaS-like revenue stream with high gross retention.

What was the audit issue regarding Revolut's 2021 financial accounts?

Auditor BDO LLP issued a qualified opinion on Revolut's 2021 accounts regarding the completeness of £477 million in cryptocurrency and card revenues, citing legacy IT configuration limits. Revolut overhauled its internal controls and received an unqualified, clean audit opinion for its 2022 and 2023 accounts.

What is Revolut's regulatory capital adequacy ratio?

Revolut Bank UAB maintains a Common Equity Tier 1 (CET1) capital ratio well above 20%, significantly surpassing European Central Bank and Bank of Lithuania regulatory minimum requirements.

How does Revolut allocate its operating expenses?

Revolut's primary operating expenses consist of staff compensation and engineering talent, compliance and financial crime compliance infrastructure, payment scheme interchange processing fees, and cloud hosting infrastructure (AWS).

Does Revolut plan an Initial Public Offering (IPO)?

Revolut is widely expected to pursue an initial public offering (IPO) on either the London Stock Exchange (LSE) or the NASDAQ/NYSE in New York, with management indicating readiness once full banking licenses and operational benchmarks are fully established.

How does Revolut's profitability compare to fintech peers Wise and Monzo?

Revolut's £438 million pre-tax profit in 2023 outpaced UK digital banking competitors like Monzo (£15.4M pre-tax profit in FY24) and rivaled Wise (£481M pre-tax profit in FY24), cementing Revolut as one of the most profitable private fintechs globally.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Revolut Revenue & Financials." CorpDigest, https://corpdigest.com/company/revolut/financials.
Embed this data
<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Revolut reported ~$5.9B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/revolut/financials" target="_blank" rel="noopener">CorpDigest — Revolut financials</a></div>

Related Financial Audits

Compare revenue, net income, and market cap scale

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.