Nu Holdings reported second quarter 2026 IFRS revenue of $5.51 billion, slightly exceeding the consensus estimate of $5.48 billion. The company achieved a significant milestone in profitability with net income reaching $1.06 billion, a 67% increase compared to the $637 million reported in the same period last year. The results reflect strong expansion in credit-related income and the successful scaling of its financial services platform.
Key Highlights
- Total IFRS revenue grew to $5.51 billion, surpassing analyst expectations of $5.48 billion.
- Net income for the quarter reached $1.06 billion, up significantly from $637 million in the second quarter of 2025.
- Managerial Credit Income expanded to $3.60 billion, driven by robust growth in interest-earning portfolios including credit cards and personal loans.