NYSE$NU
Nu Holdings Ltd. · Q2 2026 earnings
Q2 2026 earnings · · Investor relations
Briefing
Nu Holdings Ltd. reported strong Q2 2026 results with record net income exceeding $1 billion for the first time.
Nu Holdings Ltd. delivered robust growth in Q2 2026, with gross revenue reaching $5.88 billion, up 56% YoY on a reported basis. Net income hit $1.06 billion, a 67% increase year-over-year, driven by portfolio expansion, improved margins, and customer growth to 139 million. Profitability metrics strengthened with ROE at 33% and efficiency ratio at 19.5%.
- Gross revenue of $5.88 billion and net income of $1.06 billion, marking the first quarter above $1B net income.
- Customer base grew to 139 million, with 83.5% monthly activity rate and ARPAC of approximately $17.
- Credit portfolio reached $39.4 billion and deposits $45.3 billion, supporting risk-adjusted NIM expansion to 12.4%.
- Efficiency ratio improved to 19.5% and ROE reached 33%, reflecting scalable operations and strong returns.
Headline financials
Revenue & EPS history
Nu · Revenue · Quarterly
$5.88B
Forward guidance
Continued focus on international expansion, AI-driven operations, and primary banking relationships to drive sustainable growth.
Tailwinds
- Mexico bank launch positions for accelerated growth and product expansion.
- NuFormer AI model scaling across underwriting and customer service.
- Strong credit performance and customer primacy advantage.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
-0.3%
Avg return
Earnings day
-2.1%
Avg return
5 days after
+1.9%
Avg return
30 days after
62%
8 / 13 earnings
Positive
+29.9%
Q2 2022
Best reaction
-23.7%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q2 2024 | — | — | — | |
| Q1 2026 | +0.8% | -4.2% | -4.9% | |
| Q3 2025 | +1.5% | +0.4% | +8.4% | |
| Q2 2025 | +9.1% | +13.4% | +30.6% | |
| Q4 2024 | -18.9% | -13.9% | -13.1% | |
| Q3 2024 | -4.1% | -13.8% | -24.6% | |
| Q1 2024 | +6.2% | +2.5% | +2.1% | |
| Q4 2023 | +1.3% | +10.4% | +21.4% | |
| Q3 2023 | -3.3% | -4.5% | -0.1% | |
| Q1 2023 | +5.0% | +12.2% | +26.5% | |
| Q4 2022 | +7.6% | +2.5% | -5.3% | |
| Q2 2022 | +29.9% | +9.4% | +27.5% | |
| Q1 2022 | -15.4% | -21.0% | -27.0% | |
| Q4 2021 | -23.7% | -21.0% | -17.3% | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q4 2014 | — | — | — |
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