Nu Holdings Ltd.(NU)Earnings, Financials & Key Ratios
NU•NYSE•Banking & Credit
$14.25
$54.48B mkt cap·35.6× P/E·Price updated May 6, 2026
AboutNu Holdings Ltd. operates as a digital financial services platform and technology company primarily in Brazil, Mexico, and Colombia. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones. The company provides savings solutions, such as Nu Personal Accounts, a digital account solution that supports all personal finance activities, from daily purchases and money transfers to savings; and Nu business accounts designed specifically for entrepreneur customers and their businesses. In addition, it offers NuInvest, an investment product that provides equity, fixed-income, options, and ETF products, as well as multimarket funds with curated asset allocations based on the customer's risk profile and financial position; personal unsecured loans; in-app buy now pay later' solution for Nu card customers to pay credit and debit purchases, and banking payment slips over time in up to twelve installments; and NuInsurance protecting solutions to help its customers secure life insurance and funeral benefits. The company was founded in 2013 and is headquartered in Sao Paulo, Brazil.Show more
- Net Interest Income$6.8B+54.4%
- Total Revenue$11.1B+44.8%
- Net Income$1.97B+91.4%
- Return on Equity28.07%+53.8%
- Net Interest Margin13.61%+34.0%
- Efficiency Ratio20.76%-11.9%
- ROA4.23%+50.3%
- Equity / Assets15.32%+3.6%
- Book Value per Share1.56+18.6%
- Tangible BV/Share1.41+19.7%
- Debt/Equity0.12-36.4%
NU Key Insights
Nu Holdings Ltd. (NU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Strong NIM of 13.6%
- ✓Efficient operations: 20.8% efficiency ratio
- ✓Well capitalized: 15.3% equity/assets
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NU Price & Volume
Nu Holdings Ltd. (NU) stock price & volume — 10-year historical chart
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NU Growth Metrics
Nu Holdings Ltd. (NU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years88.29%
3 Years94.36%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM42.06%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM41.04%
Return on Capital
10 Years-1.19%
5 Years3.12%
3 Years13.75%
Last Year27.36%
NU Recent Earnings
Nu Holdings Ltd. (NU) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (60%)●Beat Revenue 9/12 qtrs (90%)
Q1 2026Latest
Feb 25, 2026EPS
$0.19
Est $0.20
-4.9%
Revenue
$4.9B
Est $4.6B
+7.7%
Q4 2025
Nov 13, 2025EPS
$0.17
Est $0.16
+6.3%
Revenue
$4.0B
Est $3.5B
+13.7%
Q3 2025
Aug 14, 2025EPS
$0.14
Est $0.13
+5.0%
Revenue
$3.5B
Est $3.2B
+11.0%
Q2 2025
May 13, 2025EPS
$0.11
Est $0.12
-5.1%
Revenue
$3.2B
Est $3.2B
+0.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.19vs $0.20-4.9% | $4.9Bvs $4.6B+7.7% |
| Q4 2025 | Nov 13, 2025 | $0.17vs $0.16+6.3% | $4.0Bvs $3.5B+13.7% |
| Q3 2025 | Aug 14, 2025 | $0.14vs $0.13+5.0% | $3.5Bvs $3.2B+11.0% |
| Q2 2025 | May 13, 2025 | $0.11vs $0.12-5.1% | $3.2Bvs $3.2B+0.6% |
Based on last 12 quarters of dataView full earnings history →
NU Peer Comparison
Nu Holdings Ltd. (NU) competitors in Digital and niche cross-border banks — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SOFI | 20.43B | 16.02 | 41.08 | 28.78% | 10.09% | 5.87% | 0.17 | |
 AFRM | 22.26B | 66.81 | 445.40 | 38.8% | 7.6% | 8.83% | 2.7% | 2.56 |
 UPST | 2.98B | 31.17 | 69.27 | 58.87% | 4.98% | 6.59% | 2.32 | |
 LC | 1.97B | 17.08 | 14.85 | 14.97% | 10.17% | 9.47% | 0.01 | |
 DAVE | 3.5B | 263.81 | 19.50 | 47.49% | 40.81% | 84.54% | 8.28% | 0.21 |
 PYPL | 42.76B | 46.48 | 8.59 | 4.32% | 15.78% | 25.08% | 13.01% | 0.49 |
 MA | 440.02B | 497.08 | 30.09 | 16.42% | 45.65% | 205.79% | 3.84% | 2.45 |
 V | 617.8B | 322.03 | 31.57 | 11.34% | 50.14% | 58.9% | 3.49% | 0.66 |
Compare NU vs Peers
Nu Holdings Ltd. (NU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NU Income Statement
Nu Holdings Ltd. (NU) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 116.14M | 228.15M | 167.85M | 679.4M | 2.01B | 4.4B | 6.8B | 7.98B |
| NII Growth % | - | 96.45% | -26.43% | 304.78% | 195.45% | 119.34% | 54.36% | 99.62% |
| Net Interest Margin % | 4.17% | 3.38% | 1.65% | 3.42% | 6.71% | 10.16% | 13.61% | 11.68% |
| Interest Income | 161.55M | 337.85M | 382.92M | 1.05B | 3.56B | 6.44B | 9.63B | 11.93B |
| Interest Expense | 45.42M | 109.7M | 215.08M | 367.34M | 1.55B | 2.04B | 2.83B | 3.95B |
| Loan Loss Provision | 118.63M | 175.18M | 169.49M | 480.64M | 1.4B | 2.29B | 3.17B | 3.77B |
| Non-Interest Income | 91.83M | 131.38M | 192.07M | 465.8M | 963.89M | 1.23B | 1.47B | 1.62B |
| Non-Interest Income % | 36.24% | 28% | 33.4% | 30.8% | 21.33% | 16.03% | 13.27% | 11.94% |
| Total Revenue | 253.39M▲ 0% | 469.23M▲ 85.2% | 574.99M▲ 22.5% | 1.51B▲ 163.1% | 4.52B▲ 198.8% | 7.67B▲ 69.7% | 11.1B▲ 44.8% | 13.55B▲ 0% |
| Revenue Growth % | - | 85.18% | 22.54% | 163.06% | 198.77% | 69.7% | 44.79% | 112.49% |
| Non-Interest Expense | 122.75M | 313.65M | 383.61M | 834.73M | 1.88B | 1.81B | 2.31B | 2.27B |
| Efficiency Ratio | 48.44% | 66.84% | 66.72% | 55.19% | 41.49% | 23.57% | 20.76% | 16.78% |
| Operating Income | -33.4M▲ 0% | -129.3M▼ 287.1% | -193.18M▼ 49.4% | -170.16M▲ 11.9% | -308.9M▼ 81.5% | 1.54B▲ 598.2% | 2.8B▲ 81.6% | 3.56B▲ 0% |
| Operating Margin % | -13.18% | -27.56% | -33.6% | -11.25% | -6.84% | 20.07% | 25.17% | 26.26% |
| Operating Income Growth % | - | -287.08% | -49.4% | 11.91% | -81.53% | 598.24% | 81.62% | - |
| Pretax Income | -33.4M▲ 0% | -129.3M▼ 287.1% | -193.18M▼ 49.4% | -170.16M▲ 11.9% | -308.9M▼ 81.5% | 1.54B▲ 598.2% | 2.8B▲ 81.6% | 3.56B▲ 0% |
| Pretax Margin % | -13.18% | -27.56% | -33.6% | -11.25% | -6.84% | 20.07% | 25.17% | 26.26% |
| Income Tax | -4.82M | -36.77M | -21.69M | -4.83M | 55.73M | 508.55M | 823.09M | 1.03B |
| Effective Tax Rate % | 14.43% | 28.44% | 11.23% | 2.84% | -18.04% | 33.04% | 29.45% | 28.91% |
| Net Income | -28.58M▲ 0% | -92.53M▼ 223.7% | -171.49M▼ 85.3% | -164.99M▲ 3.8% | -364.58M▼ 121.0% | 1.03B▲ 382.7% | 1.97B▲ 91.4% | 2.53B▲ 0% |
| Net Margin % | -11.28% | -19.72% | -29.82% | -10.91% | -8.07% | 13.44% | 17.76% | 18.67% |
| Net Income Growth % | - | -223.73% | -85.33% | 3.79% | -120.97% | 382.66% | 91.37% | 42.06% |
| Net Income (Continuing) | -28.58M | -92.53M | -171.49M | -165.33M | -364.63M | 1.03B | 1.97B | 2.53B |
| EPS (Diluted) | -0.01▲ 0% | -0.02▼ 224.2% | -0.04▼ 85.1% | -0.04▲ 3.8% | -0.08▼ 117.9% | 0.21▲ 369.2% | 0.40▲ 90.5% | 0.52▲ 0% |
| EPS Growth % | - | - | -85.07% | 3.76% | -117.88% | 369.23% | 90.48% | 41.04% |
| EPS (Basic) | -0.01 | -0.02 | -0.04 | -0.04 | -0.08 | 0.22 | 0.41 | - |
| Diluted Shares Outstanding | 4.61B | 4.61B | 4.61B | 4.61B | 4.68B | 4.86B | 4.89B | 4.91B |
NU Balance Sheet
Nu Holdings Ltd. (NU) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 379.21M | 1.25B | 2.39B | 10.69B | 16.84B | 22.02B | 23.15B | 103.5B |
| Cash & Due from Banks | 201.65M | 439.91M | 603.33M | 2.53B | 6.89B | 13.37B | 13.64B | 17.32B |
| Short Term Investments | 177.56M | 806.66M | 1.78B | 8.16B | 9.95B | 8.65B | 9.51B | 11.22B |
| Total Investments | 776.63M | 3.19B | 6.3B | 10.29B | 12.23B | 12.48B | 16.64B | 23.75B |
| Investments Growth % | - | 310.33% | 97.54% | 63.52% | 18.83% | 2.03% | 33.31% | 141.22% |
| Long-Term Investments | 599.08M | 2.38B | 4.51B | 2.13B | 2.29B | 3.83B | 7.13B | 37.19B |
| Accounts Receivables | 1.62B | 2.79B | 2.91B | 4.78B | 8.23B | 12.41B | 12.26B | 16.77B |
| Goodwill & Intangibles | 503K | 1.11M | 13.2M | 474.21M | 579.56M | 693.42M | 761.9M | 985.34M |
| Goodwill | 0 | 0 | 831K | 401.87M | 397.4M | 397.54M | 414.29M | 410.37M |
| Intangible Assets | 503K | 1.11M | 12.37M | 72.34M | 182.16M | 295.88M | 347.62M | 574.97M |
| PP&E (Net) | 6.7M | 25.86M | 20.51M | 20.54M | 46.46M | 69.75M | 46.22M | 45.75M |
| Other Assets | 114.31M | 213.74M | 137.85M | 1.24B | 289.67M | 482.97M | 2.99B | 5.32B |
| Total Current Assets | 2.01B | 4.05B | 5.35B | 15.63B | 25.92B | 36.73B | 37.19B | 47.26B |
| Total Non-Current Assets | 775.81M | 2.71B | 4.81B | 4.22B | 4.01B | 6.61B | 12.74B | 21.11B |
| Total Assets | 2.79B▲ 0% | 6.76B▲ 142.7% | 10.15B▲ 50.2% | 19.86B▲ 95.6% | 29.93B▲ 50.7% | 43.35B▲ 44.8% | 49.93B▲ 15.2% | 68.36B▲ 0% |
| Asset Growth % | - | 142.66% | 50.21% | 95.57% | 50.74% | 44.8% | 15.19% | 119.38% |
| Return on Assets (ROA) | -1.03% | -1.94% | -2.03% | -1.1% | -1.46% | 2.81% | 4.23% | 3.7% |
| Accounts Payable | 1.68B | 2.98B | 3.33B | 4.88B | 7.05B | 9.76B | 9.33B | 12B |
| Total Debt | 115.41M | 322.03M | 189.21M | 167.92M | 803.16M | 1.17B | 886.53M | 3.12B |
| Net Debt | -86.24M | -117.88M | -414.12M | -2.36B | -6.09B | -12.2B | -12.75B | -14.2B |
| Long-Term Debt | 115.41M | 303.33M | 177.2M | 157.25M | 547.24M | 806.68M | 328.87M | 1.22B |
| Short-Term Debt | 17.25M | 1.47B | 0 | 3.05M | 235.57M | 324.05M | 531.46M | 1.87B |
| Other Liabilities | 52.81M | 100.92M | 206.37M | 528.8M | 1.11B | 1.87B | 2.75B | 3.02B |
| Total Current Liabilities | 2.31B | 5.7B | 9.29B | 14.66B | 23.2B | 33.94B | 38.9B | 53.43B |
| Total Non-Current Liabilities | 179.06M | 444.8M | 430.29M | 753.67M | 1.84B | 3B | 3.38B | 4.38B |
| Total Liabilities | 2.49B | 6.15B | 9.72B | 15.42B | 25.04B | 36.94B | 42.28B | 57.81B |
| Total Equity | 296.73M▲ 0% | 612.25M▲ 106.3% | 438.11M▼ 28.4% | 4.44B▲ 914.0% | 4.89B▲ 10.1% | 6.41B▲ 31.0% | 7.65B▲ 19.4% | 10.55B▲ 0% |
| Equity Growth % | - | 106.33% | -28.44% | 914.02% | 10.09% | 30.99% | 19.37% | 122.29% |
| Equity / Assets (Capital Ratio) | 10.65% | 9.06% | 4.31% | 22.37% | 16.34% | 14.78% | 15.32% | 15.44% |
| Return on Equity (ROE) | -9.63% | -20.36% | -32.65% | -6.76% | -7.81% | 18.24% | 28.07% | 23.96% |
| Book Value per Share | 0.06 | 0.13 | 0.10 | 0.96 | 1.05 | 1.32 | 1.56 | 2.15 |
| Tangible BV per Share | 0.06 | 0.13 | 0.09 | 0.86 | 0.92 | 1.18 | 1.41 | 1.95 |
| Common Stock | 42K | 45K | 45K | 83K | 83K | 84K | 84K | 84K |
| Additional Paid-in Capital | 389.39M | 631.25M | 638.01M | 4.68B | 4.96B | 4.97B | 5.05B | 5.06B |
| Retained Earnings | -57.99M | 28.19M | -102.44M | -128.41M | 64.58M | 1.28B | 3.42B | 5.49B |
| Accumulated OCI | -34.71M | -47.23M | -97.5M | -109.23M | -137.65M | 156.43M | -828.17M | 3.17M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NU Cash Flow Statement
Nu Holdings Ltd. (NU) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.45M | 276.14M | 974.52M | -2.92B | 755.57M | 1.27B | 2.4B | 2.4B |
| Operating CF Growth % | - | 5170.46% | 252.91% | -400.08% | 125.84% | 67.58% | 89.47% | 245.76% |
| Net Income | -28.58M | -92.53M | -171.49M | -165.33M | -364.63M | 1.03B | 1.97B | 2.53B |
| Depreciation & Amortization | 1.07M | 5.07M | 7.43M | 17.34M | 35.58M | 62.9M | 77.13M | 91.02M |
| Deferred Taxes | -19.13M | -40.34M | -44.02M | -224.65M | -417.61M | -675.68M | -713.43M | -242.62M |
| Other Non-Cash Items | 152.13M | 201.77M | 524.93M | 1.01B | 3.1B | 5.34B | 8.18B | 13.09B |
| Working Capital Changes | -120.27M | 183.65M | 622.11M | -3.72B | -1.85B | -4.71B | -7.39B | -11.69B |
| Cash from Investing | -6.38M | -4.68M | -16.27M | -154.19M | -127.15M | -177M | -330.63M | -526.08M |
| Purchase of Investments | 0 | 0 | 0 | -11.21M | -2.5M | 0 | -150M | 0 |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
| Net Investment Activity | 0 | 0 | 0 | -11.21M | -2.5M | 0 | -150M | 1000K |
| Acquisitions | 0 | 0 | -8.28M | -114.49M | -10.35M | 0 | -5.64M | 0 |
| Other Investing | -505K | -2.3M | -4.9M | -22.47M | -94.31M | -156.76M | -169.57M | -424.65M |
| Cash from Financing | 253.41M | 611.19M | 240.1M | 3.34B | 654.04M | 425.21M | 727.74M | 1.33B |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -695K | -3.77M | -15K | -4.61M | 0 | 0 | 0 | 0 |
| Stock Issued | 243.6M | 0 | 0 | 2.59B | 248M | 0 | 5.55M | 2.23M |
| Net Stock Activity | 242.9M | -3.77M | -15K | 2.59B | 248M | 0 | 5.55M | 2.23M |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 2M |
| Other Financing | 293K | 5.83M | 6.78M | -35.29M | 520K | 9.15M | 0 | 1.7M |
| Net Change in Cash | 177.25M▲ 0% | 867.36M▲ 389.3% | 1.1B▲ 26.5% | 361.89M▼ 67.0% | 1.47B▲ 305.3% | 1.75B▲ 19.4% | 3.26B▲ 86.3% | 5.25B▲ 0% |
| Exchange Rate Effect | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 2M |
| Cash at Beginning | 201.96M | 379.21M | 1.25B | 2.34B | 2.71B | 4.17B | 5.92B | 13.27B |
| Cash at End | 379.21M | 1.25B | 2.34B | 2.71B | 4.17B | 5.92B | 9.19B | 12.9B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -11.83M▲ 0% | 271.46M▲ 2395.4% | 966.53M▲ 256.1% | -2.95B▼ 405.5% | 641.27M▲ 121.7% | 1.09B▲ 69.8% | 2.22B▲ 104.2% | 3.67B▲ 0% |
| FCF Growth % | - | 2395.43% | 256.05% | -405.51% | 121.72% | 69.85% | 104.19% | 1.12% |
NU Banking Ratios
Nu Holdings Ltd. (NU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -20.36% | -32.65% | -6.76% | -7.81% | 18.24% | 28.07% | 23.96% |
| Return on Assets (ROA) | -1.94% | -2.03% | -1.1% | -1.46% | 2.81% | 4.23% | 3.7% |
| Net Interest Margin | 3.38% | 1.65% | 3.42% | 6.71% | 10.16% | 13.61% | 11.68% |
| Efficiency Ratio | 66.84% | 66.72% | 55.19% | 41.49% | 23.57% | 20.76% | 16.78% |
| Equity / Assets | 9.06% | 4.31% | 22.37% | 16.34% | 14.78% | 15.32% | 15.44% |
| Book Value / Share | 0.13 | 0.1 | 0.96 | 1.05 | 1.32 | 1.56 | 2.15 |
| NII Growth | 96.45% | -26.43% | 304.78% | 195.45% | 119.34% | 54.36% | 24.8% |
| Dividend Payout | - | - | - | - | - | - | 0% |
NU Frequently Asked Questions
Nu Holdings Ltd. (NU) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Nu Holdings Ltd. (NU) grew revenue by 44.8% over the past year. This is strong growth.
Yes, Nu Holdings Ltd. (NU) is profitable, generating $2.53B in net income for fiscal year 2024 (17.8% net margin).
Dividend & Returns
Nu Holdings Ltd. (NU) has a return on equity (ROE) of 28.1%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
Nu Holdings Ltd. (NU) has a net interest margin (NIM) of 13.6%. This indicates healthy earnings from lending activities.
Nu Holdings Ltd. (NU) has an efficiency ratio of 20.8%. This is excellent, indicating strong cost control.
Explore More NU
Nu Holdings Ltd. (NU) financial analysis — history, returns, DCA and operating performance tools
Full NU Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates