We've just published our Annual Report 2026 🎉

Hey everyone :waving_hand:

It’s that time of year for us to share our Annual Report FY2026 with you all.

Here’s a few of the highlights:

:rocket: Revenue increased by 39% to £1.7bn, with gross profit exceeding £1bn for the first time, and we delivered our third consecutive year of profitability
:speaking_head:We had 3 million customers join Monzo - the largest cohort in our history - with most coming still through word of mouth!
:heart: We’ve hit over 15 million customers who trust Monzo to manage more and more of their financial lives

We’re incredibly proud of what we’ve been able to achieve this year and once again grateful for the support you’ve all been able to provide us to get to this point. Thank you :folded_hands:

I’m here to take any questions you might have back to the team. And if you’re a crowd investor, Crowdcube will be sending you an update soon too :soon_arrow:

32 Likes

Hi Alan,

Great results, congratulations. Going from strength to strength.

Maybe I skim read the key parts of the document but I did not see any mention of public markets. Is that right that monzo is still in stealth mode on this?

Can I ask when will monzo start to talk about an ipo?

(Asking for the thousands of crowd investors who supported monzo 7-10+ years ago, many of whom would like to join staff and institutional investors in having an opportunity to realise investment gains).

Thanks :folded_hands:

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Is this the first time Monzo have given the primary bank percentage? How is that worked out?

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I think this has been reported for a while - I recall its calculated based on receiving a certain amount of money per month into the accout. 1200-1500 ish? Someone here will remember

it’s either, Salary payments, or balance over £1,000 at a point in the month

You can ask, but they won’t answer.

It might be in 1 year, it might be in 10years, it might be never.

1 Like

Congrats on the strong year

Impressive growth across revenue, profitability, and customer base—especially hitting 15 million users and maintaining word-of-mouth growth. It’s great to see consistent execution year over year.