Revolut hit a $115 billion valuation on July 22, 2026, through a new secondary share sale priced at $2,017 per share, letting employees and existing shareholders sell stock without waiting for an IPO. No fresh capital was raised.
The figure is 53% above the $75 billion set in a November 2025 sale, and more than double the $45 billion recorded in 2024. That jump, roughly 53 percentage points in eight to ten months, puts Revolut ahead of Barclays, which carried a market cap of about $95 billion at the time of the Wall Street Journal's report. The size of the latest transaction has not been disclosed.
Strong 2025 numbers behind the jump
The higher price tag comes with hard numbers to back it up. Revolut posted $6 billion in group revenue for 2025, a 46% rise from $4 billion the previous year. Pre-tax profit climbed 57% to $2.3 billion, net profit reached $1.7 billion, and the pre-tax margin came in at 38%.
Customer growth kept pace. The company ended 2025 with 68.3 million retail users after adding 16 million during the year, and its site now lists more than 75 million customers globally. Total transaction volume jumped 65% to $1.7 trillion, and customer balances stood at $67.5 billion at year-end.
Eleven product lines each generated at least $135 million in annual revenue. Wealth, which bundles investment and crypto activity, brought in $876 million, up 31% year on year.
The private valuation still differs from a public market price, since it reflects a secondary transaction rather than daily open trading. Revolut has not announced an IPO timeline.
This article is for informational purposes only and does not constitute financial advice.
