Revolut has published its 2025 annual results, revealing a 57% surge in profits to £1.7 billion and a customer base that has swelled to 68.3 million, while also disclosing material risks tied to the energy consumption associated with cryptocurrency and artificial intelligence services it supports. The dual narrative — impressive financial growth alongside environmental risk acknowledgment — captures the growing complexity facing digital financial platforms as they scale globally. Revolut’s decision to formalise the reputational risk in regulatory filings is an increasingly common but still significant step for companies in the sector.
Revolut was founded in 2015 by Nik Storonsky and has evolved from a currency conapp into a diversified financial services business spanning banking, trading, insurance, and payments. Having received its UK banking licence after a five-year wait, the company is now authorised to operate as a fully regulated bank in the UK and holds banking status in more than 30 of its 40 operational markets. The company was most recently valued at $75 billion and has applied for a banking licence in the United States.
In terms of financial performance, 2025 was a defining year. Revenues rose 46% to £4.5 billion, with profits reaching £1.7 billion before tax. The platform added 16 million individual users, while business accounts grew by a third to 767,000. With 13 million UK users and one in five working-age European adults now on the platform, Revolut’s user growth shows no signs of slowing, and the company is targeting 100 million customers globally by mid-next year.
The acknowledgment of energy-related reputational risk is becoming increasingly important in the context of global climate commitments. AI’s infrastructure demands are growing exponentially, and bitcoin mining has been criticised for its environmental impact for years. As energy prices continue to rise, partly driven by global conflicts, the financial and reputational calculus for companies associated with these industries is shifting quickly.
Revolut’s roadmap includes a push into home loans and broader consumer lending, building on its mortgage refinancing debut in Lithuania. A US banking licence application signals that the company is preparing to compete in one of the most lucrative financial markets in the world. Storonsky has made clear that despite a decade of rapid growth, Revolut considers itself still in the early stages of its global ambitions.