Quarterly ResultAug 13, 2026, 05:09 PM
Nu Holdings Q2 Revenue $5.51B, Net Income $1.06B; Basic EPS $0.2183
AI Summary
Nu Holdings Ltd. reported strong financial results for Q2 2026, with total revenue increasing to $5.51 billion and net income reaching $1.06 billion. Basic earnings per share rose to $0.2183. The company also announced significant regulatory milestones, including Nubank Mexico receiving authorization to operate as a multiple bank and conditional approval from the US OCC for the formation of a national bank. However, cash flows from operating activities for the six-month period ended June 30, 2026, turned negative.
Key Highlights
- Q2 2026 total revenue increased to $5.51 billion from $3.67 billion in Q2 2025.
- Q2 2026 net income rose to $1.06 billion from $637 million in Q2 2025.
- Basic EPS for Q2 2026 was $0.2183, up from $0.1320 in Q2 2025.
- Nubank Mexico received authorization to operate as a multiple bank on July 9, 2026.
- Nu received conditional US OCC approval for a national bank on January 29, 2026.
- Total assets grew to $82.75 billion as of June 30, 2026, from $74.89 billion at Dec 31, 2025.
- Deposits increased to $45.33 billion as of June 30, 2026, from $41.93 billion at Dec 31, 2025.
- Cash flows from operating activities were $(1.24) billion for H1 2026, compared to $3.64 billion for H1 2025.
Price Impact
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