Funding Circle (FCH) Q4 2025 TU earnings summary

Executive summary

• Achieved FY 2026 revenue guidance of over £200 million a year early, with FY 2025 revenue at approximately £204 million, up 28% year-over-year.

• Profit before tax reached about £20 million, significantly higher than the previous year's £3 million and ahead of market expectations.

• Outperformance attributed to strong demand and product innovation, expanding customer segments and use cases.

Financial highlights

• Revenue for FY 2025 was around £204 million, surpassing the market expectation of £191 million.

• Profit before tax was approximately £20 million, exceeding the expected £17 million.

• Credit extended during the year totaled £2.5 billion, a 29% increase from FY 2024.

• Balances under management rose to £3.0 billion from £2.8 billion in FY 2024.

Outlook and guidance

• FY 2026 revenue guidance of more than £200 million has already been achieved; updated guidance will be provided in March 2026.