Despite having similar profit/revenue figures in 2020, N26's financial gap to its peers widened by 2025

Figure 1. Net profit/(loss) and revenue for N26 versus European peers (2020 vs 2025, $ million)

Net profit / (loss), $ million

Revenue, $ million

2.2x

10.6x

FY2020

($172.1)

$128.4

FY2025

$1.8

$567.1

FY2020

($215.4)

$285.1

FY2025

$1,700.0

$6,000.0

FY2020

($145.5)

$85.9

FY2025

$79.8

$1,635.6

Source: TABInsights