Nu Holdings Ltd. (NU) Income Tax Expense
The tax expense for Nu Holdings Ltd. (NU) is $996.75 Million with a year-over-year change of +21.10%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
NU Tax Expense Chart
Current Tax Expense
$996.75M
$996.75 Million
Year-over-Year Change
+21.10%
vs. $823.09M prior year
Historical Data
8
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $996.75M | +$173.66M | +21.10% |
| 2024 | $823.09M | +$314.54M | +61.85% |
| 2023 | $508.55M | +$452.81M | +812.47% |
| 2022 | $55.73M | +$60.56M | +1253.89% |
| 2021 | $-4.83M | +$16.86M | +77.73% |
| 2020 | $-21.69M | +$15.08M | +41.02% |
| 2019 | $-36.77M | $-31.95M | -662.66% |
| 2018 | $-4.82M | — | — |
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.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- David Velez-Osomo