Nu Holdings Ltd. (NU)

NU Income Statement

Revenue, expenses, and profitability analysis

NU Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	17.543B	4.982B	4.704B	4.173B	3.683B	3.247B	2.858B	2.857B	2.750B
Cost of Goods Sold	9.869B	2.982B	2.618B	2.227B	2.042B	1.869B	1.552B	1.535B	1.425B
Gross Profit	7.674B	2.001B	2.085B	1.947B	1.641B	1.378B	1.306B	1.322B	1.325B
Gross Profit Margin	40.2%	40.2%	44.3%	46.6%	44.6%	42.4%	45.7%	46.3%	48.2%
Total Operating Expenses	3.643B	1.045B	1.007B	829.330M	760.634M	581.738M	538.364M	598.515M	599.786M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	672.757M	193.859M	197.524M	147.991M	133.383M	123.320M	333.266M	375.939M	367.464M
Operating Income (EBIT)	4.028B	954.306M	1.078B	1.116B	879.362M	795.073M	767.450M	723.790M	725.421M
Operating Margin	19.2%	19.2%	22.9%	26.7%	23.9%	24.5%	26.9%	25.3%	26.4%
Income Before Tax (EBT)	4.032B	955.341M	1.081B	1.116B	879.362M	795.073M	767.450M	723.790M	725.421M
Interest Income	13.205B	3.909B	2.590B	3.577B	3.129B	2.732B	2.494B	2.474B	2.383B
Interest Expense	4.952B	1.269B	1.377B	1.276B	1.030B	896.204M	747.994M	760.959M	665.191M
Other Income/Expense	4.724M	1.035M	3.689M	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	3.184B	872.056M	892.378M	782.473M	636.838M	557.203M	552.640M	553.386M	487.272M
Income Tax Expense	841.757M	82.875M	182.896M	333.611M	242.375M	237.865M	214.810M	170.404M	238.149M
Net Profit Margin	17.5%	17.5%	19.0%	18.7%	17.3%	17.2%	19.3%	19.4%	17.7%
EBITDA	4.143B	989.705M	1.109B	1.142B	902.432M	816.395M	788.511M	743.059M	743.754M
EBITDA Margin	19.9%	19.9%	23.6%	27.4%	24.5%	25.1%	27.6%	26.0%	27.0%
Depreciation & Amortization	111.010M	34.364M	28.006M	25.570M	23.070M	21.322M	21.061M	19.269M	18.333M
EPS Basic	0.65	0.18	0.18	0.16	0.13	0.12	0.11	0.12	0.10
EPS Diluted	0.65	0.18	0.18	0.16	0.13	0.11	0.11	0.11	0.10
Shares Outstanding	4.856B	4.856B	4.833B	4.839B	4.826B	4.816B	4.807B	4.798B	4.788B
Diluted Shares Outstanding	4.910B	4.910B	4.907B	4.905B	4.900B	4.893B	4.807B	4.889B	4.881B

NU Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	15.879B	11.104B	7.669B	4.519B	1.513B	574.993M	469.227M	253.386M
Cost of Goods Sold	8.757B	6.004B	4.322B	2.953B	847.987M	384.561M	284.875M	164.045M
Gross Profit	7.121B	5.101B	3.347B	1.566B	664.561M	190.432M	184.352M	89.341M
Gross Profit Margin	44.8%	45.9%	43.6%	34.7%	43.9%	33.1%	39.3%	35.3%
Total Operating Expenses	3.249B	2.305B	1.808B	1.875B	834.725M	383.610M	313.651M	122.745M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	602.213M	1.439B	1.138B	1.428B	659.859M	264.537M	198.099M	82.382M
Operating Income (EBIT)	3.868B	2.795B	1.539B	-308.901M	-170.164M	-193.178M	-129.299M	-33.404M
Operating Margin	24.4%	25.2%	20.1%	-6.8%	-11.3%	-33.6%	-27.6%	-13.2%
Income Before Tax (EBT)	3.872B	2.795B	1.539B	-308.901M	-170.164M	-193.178M	-129.299M	-33.404M
Interest Income	12.028B	9.631B	6.440B	3.555B	1.047B	382.922M	337.851M	161.554M
Interest Expense	4.579B	2.835B	2.037B	1.548B	367.344M	215.076M	109.697M	45.417M
Other Income/Expense	3.689M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	2.869B	1.972B	1.031B	-364.578M	-164.993M	-171.491M	-92.531M	-28.583M
Income Tax Expense	996.747M	823.086M	508.548M	55.733M	-4.830M	-21.687M	-36.768M	-4.821M
Net Profit Margin	18.1%	17.8%	13.4%	-8.1%	-10.9%	-29.8%	-19.7%	-11.3%
EBITDA	3.970B	2.872B	1.602B	35.272B	-152.825M	-185.750M	-124.226M	-32.333M
EBITDA Margin	25.0%	25.9%	20.9%	780.5%	-10.1%	-32.3%	-26.5%	-12.8%
Depreciation & Amortization	97.968M	77.128M	62.895M	35.581B	17.339M	7.428M	5.073M	1.071M
EPS Basic	0.59	0.41	0.22	-0.08	-0.04	-0.04	-0.02	-0.01
EPS Diluted	0.58	0.40	0.21	-0.08	-0.04	-0.04	-0.02	-0.01
Shares Outstanding	4.833B	4.792B	4.739B	4.677B	4.610B	4.609B	4.609B	4.609B
Diluted Shares Outstanding	4.907B	4.889B	4.858B	4.677B	4.610B	4.609B	4.609B	4.609B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Nu Holdings Ltd.

Nu Holdings Ltd. operates as a technology-driven enterprise delivering digital financial services, with its primary operations spanning Brazil, Mexico, and Colombia. It supplies a variety of financial instruments, including Nu and Ultraviolet branded credit and debit cards, alongside comprehensive mobile payment capabilities. These features allow NuAccount customers to effortlessly process transfers, manage bill payments, and perform everyday purchases via their smartphones. The firm also offers savings mechanisms like Nu Personal Accounts, a holistic digital banking solution catering to all personal financial needs, from routine expenditures and money transfers to accumulating savings. For business owners, it provides Nu business accounts specifically designed to support their entrepreneurial ventures. Beyond these, Nu Holdings presents NuInvest, an investment platform offering diverse products such as equities, fixed-income securities, options, and ETFs, in addition to multimarket funds with curated asset allocations individualized based on a client's risk appetite and financial status. Its service offerings further encompass personal unsecured loans; an in-app "buy now, pay later" feature for Nu cardholders to amortize credit, debit, and banking slip payments over up to twelve installments; and NuInsurance solutions, which aid customers in securing life insurance and funeral benefits. The company was established in 2013 and is headquartered in Sao Paulo, Brazil.

São Paulo, SP

5,403 employees

www.nubank.com.br

Financial Services / Banks - Diversified

Sector: Financial Services
Industry: Banks - Diversified
CEO: David Velez-Osomo

View full financials