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# Revolut Reports $1.4 Billion Pre-Tax Profit for 2024 as Revenue Reaches $4 Billion
- URL: https://www.theglobalbanker.com/revolut-2024-annual-results-pre-tax-profit-1-4-billion-revenue-4-billion/
- Published: 2025-04-25T17:42:00.000Z
- Updated: 2026-10-02T13:57:47.000Z
- Description: Revolut posted pre-tax profit of $1.4 billion for FY2024, with revenue up 72% to $4 billion and the customer base growing 38% to 52.5 million globally.
- Author: TGB Editorial Team
- Tags: Fintech, Europe, #archive

Revolut reported a pre-tax profit of $1.4 billion for the full year 2024, its fourth consecutive year of net profitability. Revenue grew 72% year-on-year to reach $4 billion. The figures were published in the company's annual report, released in April 2025.

The customer base grew 38% over the course of 2024, adding nearly 15 million new users to reach 52.5 million globally. 

#### PROFIT MARGIN

A pre-tax profit of $1.4 billion on $4 billion of revenue implies a pre-tax margin of 35%. 

#### LICENCES AND PLANS

Revolut's 52.5 million customers are spread across more than 35 countries. In the EU it operates under a banking licence issued by the Bank of Lithuania, which under EU passporting rules enables it to offer regulated banking services across the bloc. In the United Kingdom, Revolut received a banking licence with restrictions from the Prudential Regulation Authority in July 2024 and entered a mobilisation period, during which it could not yet offer full UK banking services.

The company's stated ambitions extend into lending, investment products and insurance.