Net profit of Revolut 2015-2023
Revolut's net profit grew substantially in 2023 after years of struggling to achieve significant profits. The London-based challenger bank reported a net profit in 2021 for the first time since 2015. Revolut's net profit for 2021 was 26.34 million British pounds. Although 2022 was another profitable year for the bank, the net profit decreased notably. In 2023, the digital bank reported an exceptional profit of 344 million British pounds, marking by far the most profitable year for Revolut. Revolut, whose banking app was downloaded over two million times in December 2023, is one of the most popular digital challenger banks in Europe.