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Nu Holdings Ltd.

NUNYSE

Built from Nu Holdings Ltd.'s own SEC filings · updates as new filings land · sources cited throughout

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← Research LibraryThe BriefFY2025 20-F · headline figures audited against SEC data

Nu grew to 131 million customers and lifted revenue 37.0% to $15.77B and net income 45.5% to $2.87B, while deposit costs and credit losses grew faster than revenue and squeezed gross margin by 361 bps

The read at a glance✓ Audited against SEC data
  • Growth — Revenue up 37.0% to $15.77B; 131 million customersOK
  • Profitability — Net income up 45.5% to $2.87B; net margin up 107 bps to 18.19%OK
  • Funding — Deposits $41.9 billion, from $28.9 billionNote
  • Capital allocation — Never paid a dividend; equity up 47.7% to $11.29BNote
  • Credit quality — Expected credit loss $4,204.9 million, from $3,169.0 million; Brazil 90+ day NPL 6.6%Watch

Business

Nu is a digital bank that started with a no-annual-fee credit card in Brazil in 2014 and now offers accounts, cards, loans, investing and protection products through a mobile app to 131 million customers in Brazil, Mexico and Colombia. In Brazil it reached 113 million customers, 62% of the population, and became the largest private financial institution by number of customers. It reports in U.S. dollars.

Latest filings

  • 6-K · Company announcement (foreign filer)2026-10-23
  • 6-K · Company announcement (foreign filer)2026-09-30
  • 6-K · Company announcement (foreign filer)2026-09-10
  • 6-K · Company announcement (foreign filer)2026-09-02
  • 6-K · Company announcement (foreign filer)2026-08-13
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Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.

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