StockWatch
·
Finance: Consumer Services
Quarterly ResultMay 14, 2026, 05:11 PM

Nu Holdings Q1 2026 Managerial Revenue $5.32B, Net Income $871.4M

AI Summary

Nu Holdings Ltd. reported its Q1 2026 managerial financial results, showing substantial growth across key metrics. Managerial Total Revenue increased to $5,315.5 million, while Managerial Net Income reached $871.4 million, both significantly higher than the prior year. KPMG Auditores Independentes Ltda. issued a limited assurance report, concluding that the supplementary consolidated financial information in the Managerial P&L Reconciliation Report for Q1 2026 and Q1 2025 was properly prepared based on the company's internal criteria.

Key Highlights

  • Q1 2026 Managerial Total Revenue increased 57.6% to $5,315.5 million from $3,372.7 million in Q1 2025.
  • Q1 2026 Managerial Net Income rose 56.4% to $871.4 million from $557.2 million in Q1 2025.
  • Q1 2026 Managerial Gross Profit was $1,877.7 million, up from $1,327.5 million in Q1 2025.
  • Credit Income for Q1 2026 reached $3,173.3 million, a 60.6% increase year-over-year.
  • Float Income for Q1 2026 grew to $1,383.0 million, up 57.1% from Q1 2025.
  • Total Direct Costs for Q1 2026 were $(3,437.7) million, compared to $(2,045.2) million in Q1 2025.
  • KPMG provided a limited assurance report on the process for compiling the Managerial P&L, confirming proper preparation.