Nu Hldgs Ltd Financials
Nu Hldgs Ltd (NU) reported $15.8B in revenue for fiscal year 2025, up 37.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Profit growth is increasingly tied to balance-sheet expansion, with liabilities scaling faster than the assets’ earning power.
From FY2024 to FY2025, net margin improved from17.1% to18.2% , yet return on assets slipped from4.0% to3.8% as assets jumped by about$25.0B . That combination means the company is earning more in absolute dollars, but each new dollar placed on the balance sheet is slightly less productive than the prior one.
The quality of earnings looks sturdier than the income line alone suggests: since FY2023, operating cash flow has stayed above net income, reaching
Shareholder returns are being amplified by leverage: FY2025 ROE was
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nu Hldgs Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Nu Hldgs Ltd, and counted as zero in the overall score.
Not available for Nu Hldgs Ltd, and counted as zero in the overall score.
Nu Hldgs Ltd passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Nu Hldgs Ltd generates $1.22 in operating cash flow ($3.5B OCF vs $2.9B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Nu Hldgs Ltd generated $15.8B in revenue in fiscal year 2025. This represents an increase of 37.0% from the prior year.
Nu Hldgs Ltd reported $2.9B in net income in fiscal year 2025. This represents an increase of 45.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Nu Hldgs Ltd held $15.0B in cash against $4.4B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Nu Hldgs Ltd's net profit margin was 18.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.
Nu Hldgs Ltd's ROE was 25.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
NU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Revenue | $15.8B+37.0% | $11.5B+43.4% | $8.0B+67.5% | $4.8B+182.2% | $1.7B+130.4% | $737.1M+20.4% | $612.1M |
| Income Tax | $996.7M+21.1% | $823.1M+61.9% | $508.5M+812.5% | $55.7M+1253.9% | -$4.8M-122.3% | $21.7M-41.0% | $36.8M |
| Net Income | $2.9B+45.6% | $2.0B+91.4% | $1.0B+382.6% | -$364.6M-120.5% | -$165.3M+3.6% | -$171.5M-85.3% | -$92.5M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, EPS (Diluted).
NU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $74.9B+50.0% | $49.9B+15.2% | $43.3B+44.8% | $29.9B+50.7% | $19.9B+95.6% | $10.2B | N/A |
| Cash & Equivalents | $15.0B+63.3% | $9.2B+55.1% | $5.9B+42.0% | $4.2B+54.2% | $2.7B+15.4% | $2.3B+88.0% | $1.2B |
| Accounts Receivable | $21.8B+256.5% | $6.1B-3.1% | $6.3B+48.6% | $4.2B+80.9% | $2.3B+58.7% | $1.5B | N/A |
| Goodwill | $409.4M-1.2% | $414.3M+4.2% | $397.5M0.0% | $397.4M-1.1% | $401.9M+48260.0% | $831K | N/A |
| Total Liabilities | $63.6B+50.3% | $42.3B+14.5% | $36.9B+47.5% | $25.0B+62.5% | $15.4B+58.7% | $9.7B | N/A |
| Long-Term Debt | $4.4B+154.2% | $1.7B+52.3% | $1.1B+94.1% | $585.6M+297.7% | $147.2M+51.1% | $97.5M | N/A |
| Total Equity | $11.3B+48.1% | $7.6B+19.4% | $6.4B+31.0% | $4.9B+10.1% | $4.4B+914.0% | $438.1M-28.4% | $612.3M |
| Retained Earnings | $6.4B | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities.
NU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.5B+45.9% | $2.4B+89.5% | $1.3B+67.6% | $755.6M+125.8% | -$2.9B-400.1% | $974.5M+252.9% | $276.1M |
| Investing Cash Flow | -$342.3M-3.5% | -$330.6M-86.8% | -$177.0M-39.2% | -$127.2M+17.5% | -$154.2M-847.7% | -$16.3M-247.7% | -$4.7M |
| Financing Cash Flow | $2.3B+214.7% | $727.7M+71.1% | $425.2M-35.0% | $654.0M-80.4% | $3.3B+1289.4% | $240.1M-60.7% | $611.2M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
NU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Net Margin | 18.2%+1.1pp | 17.1%+4.3pp | 12.8%+20.4pp | -7.6%+2.1pp | -9.7%+13.5pp | -23.3%-8.1pp | -15.1% |
| Return on Equity | 25.4%-0.4pp | 25.8%+9.7pp | 16.1%+23.5pp | -7.5%-3.7pp | -3.7%+35.4pp | -39.1%-24.0pp | -15.1% |
| Return on Assets | 3.8%-0.1pp | 4.0%+1.6pp | 2.4%+3.6pp | -1.2%-0.4pp | -0.8%+0.9pp | -1.7% | N/A |
| Debt-to-Equity | 0.39+0.2x | 0.230.0x | 0.18+0.1x | 0.12+0.1x | 0.03-0.2x | 0.22 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
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Where Nu Hldgs Ltd Ranks
Frequently Asked Questions
What is Nu Hldgs Ltd's annual revenue?
Nu Hldgs Ltd (NU) reported $15.8B in total revenue for fiscal year 2025. This represents a 37.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Nu Hldgs Ltd's revenue growing?
Nu Hldgs Ltd (NU) revenue grew by 37.0% year-over-year, from $11.5B to $15.8B in fiscal year 2025.
Is Nu Hldgs Ltd profitable?
Yes, Nu Hldgs Ltd (NU) reported a net income of $2.9B in fiscal year 2025, with a net profit margin of 18.2%.
How much debt does Nu Hldgs Ltd have?
As of fiscal year 2025, Nu Hldgs Ltd (NU) had $15.0B in cash and equivalents against $4.4B in long-term debt.
What is Nu Hldgs Ltd's net profit margin?
Nu Hldgs Ltd (NU) had a net profit margin of 18.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Nu Hldgs Ltd's return on equity (ROE)?
Nu Hldgs Ltd (NU) has a return on equity of 25.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nu Hldgs Ltd's operating cash flow?
Nu Hldgs Ltd (NU) generated $3.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Nu Hldgs Ltd's total assets?
Nu Hldgs Ltd (NU) had $74.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Nu Hldgs Ltd's debt-to-equity ratio?
Nu Hldgs Ltd (NU) had a debt-to-equity ratio of 0.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nu Hldgs Ltd's return on assets (ROA)?
Nu Hldgs Ltd (NU) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nu Hldgs Ltd's Piotroski F-Score?
Nu Hldgs Ltd (NU) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nu Hldgs Ltd's earnings high quality?
Nu Hldgs Ltd (NU) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Nu Hldgs Ltd?
Nu Hldgs Ltd (NU) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.