Ripple says it expects to finish 2026 with an annualized product revenue run rate approaching $900 million, citing growth across payments, custody, treasury and prime brokerage services. The projection was included in an October 28 company update timed to its Swell conference in New York.
In the official company release, Ripple said more than 1,700 financial institutions, corporations and other businesses use its infrastructure. It also reported that the number of customers using multiple company solutions has tripled in 2026.
What the $900 million figure represents
An annualized revenue run rate estimates a year’s revenue by extending a shorter-period revenue pace. It is not the same as $900 million of revenue already recognized during 2026, and Ripple did not publish audited full-year revenue in this statement.
The company linked its growth to a mix of business expansion and acquisitions completed in 2025. Ripple said its products enabled more than $16 trillion in transactions during that year, a cumulative throughput figure that should not be confused with Ripple’s own sales or earnings.
The October update also cited more than 85 licenses and registrations as part of Ripple’s regulatory reach. Different approvals can cover different services and jurisdictions; their existence does not make every product available to every customer.
Payments and custody support the expansion
Ripple said its payment network serves more than 60 payout markets and is approaching $150 billion in lifetime volume by year-end. The firm highlighted collaborations involving BNY, Robinhood, DriveWealth and other institutions that use combinations of payments, stablecoins, custody or trading infrastructure.
Its RLUSD stablecoin is increasingly integrated into company offerings, including payments, institutional settlement and treasury management. That activity is distinct from price speculation in XRP, the native asset of the XRP Ledger.
BlockBriefing has separately reported on Ripple and BNY’s expanded custody collaboration and the company’s Robinhood arrangements. Those partnerships provide context but should not be counted as independently confirmed revenue.
Why investors should examine the numbers carefully
Ripple has not supplied enough information in this announcement to calculate a companywide profit margin or determine how much revenue each service contributes. Future realized results will determine whether the projected year-end pace is reached and sustained.
Institutional adoption of blockchain infrastructure may be growing, but headline volume, forecast revenue and earnings remain different financial measures. Neither the run-rate announcement nor the company’s partnership list guarantees a particular market outcome for XRP.
Primary source: Ripple’s October 28, 2026 business update. Forward-looking data is attributed to Ripple.
