Nu Holdings Ltd. (NU) Financial Statements

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Nu Holdings financial statements at a glance

Nu Holdings reported revenue of $10.63 billion for fiscal year 2025 (ended December 31, 2025), up 28.5% from fiscal year 2024. Net income was $2.87 billion, a net margin of 27.0%, and diluted earnings per share were $0.58.

At the end of fiscal year 2025 it had total assets of $74.89 billion, total liabilities of $63.57 billion and shareholders' equity of $11.29 billion, with cash of $20.93 billion and total debt of $1.90 billion.

Its operations brought in $3.50 billion of cash; capital spending was $340.77 million, leaving free cash flow of $3.16 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Nu Holdings Ltd.

NUBrazil
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
10.63B
Prev Year: 8.27B
YoY: +28.5%
Net Interest Income
8.86B
Prev Year: 6.80B
YoY: +30.3%
Interest Income
13.43B
Prev Year: 9.63B
YoY: +39.5%
Interest Expense
4.58B
Prev Year: 2.83B
YoY: +61.5%
Pre-tax Income
3.87B
Prev Year: 2.80B
YoY: +38.4%
Provision for Credit Losses
-
Prev Year: -3.17B
Provision for Income Taxes
996.75M
Prev Year: 823.09M
YoY: +21.1%
Non Interest Expense
-
Prev Year: 2.30B
Net Income Common Stockholders
2.87B
Prev Year: 1.97B
YoY: +45.5%
Net Income
2.87B
Prev Year: 1.97B
YoY: +45.5%
Net Income Including Non-Controlling Interests
2.87B
Prev Year: 1.97B
YoY: +45.6%
Net Income from Continuing Operations
2.87B
Prev Year: 1.97B
YoY: +45.6%
Noncontrolling Interests
-2.78M
Prev Year: 0
Diluted NI Available to Com Stockholders
2.87B
Prev Year: 1.97B
YoY: +45.5%
Basic EPS
0.594
Prev Year: 0.41
YoY: +44.8%
Diluted EPS
0.585
Prev Year: 0.4
YoY: +46.1%
Weighted Average Shares (basic)
4.83B
Prev Year: 4.79B
YoY: +0.9%
Weighted Average Shares (diluted)
4.91B
Prev Year: 4.89B
YoY: +0.4%
Net Income from Continuing and Discontinued Operation
2.87B
Prev Year: 1.97B
YoY: +45.5%
Normalized Income
2.87B
Prev Year: 1.97B
YoY: +45.5%
Reconciled Depreciation
97.97M
Prev Year: 77.13M
YoY: +27.0%
Net Income from Continuing Operation Net Minority Interest
2.87B
Prev Year: 1.97B
YoY: +45.5%
Interest Income After Provision for Loan Loss
-
Prev Year: 3.63B
Tax Rate for Calcs
0.258
Prev Year: 0
Other Non-operating Income (expense)
64.44M
Prev Year: -8.60M
YoY: +849.6%
Depreciation Amortization Depletion
97.97M
Prev Year: 77.13M
YoY: +27.0%
Depreciation and amortization
97.97M
Prev Year: 77.13M
YoY: +27.0%
Selling General and Administrative
1.61B
Prev Year: 1.44B
YoY: +11.9%
Selling and Marketing Expense
271.11M
Prev Year: 216.70M
YoY: +25.1%
General and Administrative Expense
1.34B
Prev Year: 1.22B
YoY: +9.6%
Other General and Administrative
408.49M
Prev Year: 330.38M
YoY: +23.6%
Salaries and Wages
931.67M
Prev Year: 892.20M
YoY: +4.4%
Operating Revenue
10.63B
Other Noninterest Expense
905.08M
Prev Year: 780.42M
YoY: +16.0%
Values in USD

Nu Holdings key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$10.6B$8.3B$5.6B$3.0B$1.1B
Net income$2.9B$2.0B$1.0B-$364.6M-$165.0M
Diluted EPS$0.58$0.40$0.21-$0.08-$0.04
Total assets$74.9B$49.9B$43.3B$29.9B$19.9B
Total liabilities$63.6B$42.3B$36.9B$25.0B$15.4B
Shareholders' equity$11.3B$7.6B$6.4B$4.9B$4.4B
Cash$20.9B$13.6B$13.4B$6.9B$2.5B
Total debt$1.9B$578.0M$957.2M$605.9M$164.9M
Operating cash flow$3.5B$2.4B$1.3B$755.6B-$2.9B
Capital spending$340.8M$175.0M$177.0M$114.3B$28.5M
Free cash flow$3.2B$2.2B$1.1B$641.3B-$3.0B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2018.

Questions and answers

What was Nu Holdings's revenue in fiscal year 2025?

$10.63 billion, up 28.5% from $8.27 billion in fiscal year 2024.

How much profit does Nu Holdings make?

Nu Holdings reported net income of $2.87 billion for fiscal year 2025 (27.0% of revenue).

How much cash and debt does Nu Holdings have?

At the end of fiscal year 2025: cash of $20.93 billion and total debt of $1.90 billion.

What is Nu Holdings's free cash flow?

$3.16 billion in fiscal year 2025 (operating cash flow of $3.50 billion minus capital spending of $340.77 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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