Reports Q2 revenue $3.7B, consensus $3.67B. “In Q2’25, we achieved another quarter of robust growth, expanding our customer base to nearly 123 million with over 4.1 million net additions, and maintaining an activity rate above 83%. This strong engagement drove revenues to $3.7B, representing an 85% annualized growth rate since 2021, and allowed us to nearly triple our quarterly net income to $637M in the past two years. These results come despite our ongoing investments in growth and, most importantly, in keeping our customers loving us fanatically, proving that it’s possible to scale efficiently, with discipline, and still generate strong earnings while building the foundation for the long-term”, says David Velez, founder and CEO.
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