Telegram revenue jumps to $870M in H1 2025; $2B full-year target: FT

Telegram’s H1 2025 revenue climbed 65% to $870 million, while Toncoin write-downs and $500 million in frozen bonds have added pressure.

Update (Jan. 6, 1:20 pm UTC): This article has been updated with a statement from Telegram.

Cryptocurrency-friendly messenger Telegram boosted its operating revenue in 2025 as it explores a potential initial public offering (IPO).

Telegram’s revenues hit $870 million in the first half of 2025, up 65% from $525 million a year earlier, the Financial Times reported on Tuesday, citing unaudited financial statements.

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