U.K. Fintech Revolut posted its 2025 earnings report on Tuesday, showing continued profitability as the company acknowledges it could fall under scrutiny for its high energy expenditures.
The update follows an expansion spree for the company that saw CEO Nik Storonsky shifting official residence to Dubai, hiring for multiple roles, and obtaining more banking licenses, and stablecoin testing for its regulatory sandbox in the U.K.
Revolut said in the official statement that it is now licensed in 30 markets and has also filed its National Trust Charter license in March, which, if approved, would allow it to accept customer deposits in the U.S.
Total revenues for 2025 increased by 46% to $6 billion, while profits before tax were estimated at $2.3 billion. Net profit was estimated $1.7 billion.
Segment revenues were as follows:
- Subscriptions: $936 million
- Card payments: $1.3 billion
- Wealth: $876 million
- FX: $800 million
“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,” said CEO Nik Storonsky.
“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,”
According to the Guardian, Revolut did acknowledge that with the current U.S.-Iran conflict and ongoing energy crunch, the company could be negatively impacted due to its involvement in AI and cryptocurrency—sectors which require tremendous amounts of energy for operations.