KPIs & Operating Metrics(New)
Growth Metrics

Nu Holdings (NU) EBT Margin (2021 - 2025)

Nu Holdings' quarterly EBT Margin came in at 23.0% in Q4 2025, down 267.0% year-on-year from 13.77% in Q4 2024, and down 14.03% quarter-over-quarter from 26.75% in Q3 2025.

Nu Holdings has reported EBT Margin for 5 years, with the latest figure at 23.0% in Q4 2025.

  • For the quarter ending Q4 2025, EBT Margin fell 267.0% year-over-year to 23.0%; the trailing twelve-month figure through Dec 2025 stood at 24.52% (up 25.0% YoY), and the FY2025 full-year result was 24.52%, up 25.0% from the prior year.
  • EBT Margin for Q4 2025 stood at 23.0%, down from 26.75% in the prior quarter.
  • The five-year high for EBT Margin was 26.75% in Q3 2025, with the low at 21.78% in Q1 2021.
  • Average EBT Margin over 5 years is 10.16%, with a median of 18.3% recorded in 2023.
  • Year-over-year, EBT Margin surged 3857 bps in 2023 and sank 267 bps in 2025.
  • Tracing NU's EBT Margin over 5 years: stood at 13.92% in 2021, then slipped by 10 bps to 15.29% in 2022, then jumped by 252 bps to 23.28% in 2023, then increased by 10 bps to 25.67% in 2024, then slipped by 10 bps to 23.0% in 2025.
  • The last three EBT Margin figures came in at 23.0% (Q4 2025), 26.75% (Q3 2025), and 23.97% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 311.44%
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 33.63%
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 27.98%
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 35.47%
10 Nu Holdings 61.52 Mn -14.98 Bn 1.94 Bn 23.00%

Historic Data

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DateValue
Dec 31, 2025 23.00%
Sep 30, 2025 26.75%
Jun 30, 2025 23.97%
Mar 31, 2025 24.48%
Dec 31, 2024 25.67%
Sep 30, 2024 24.59%
Jun 30, 2024 25.47%
Mar 31, 2024 21.15%
Dec 31, 2023 23.28%
Sep 30, 2023 19.26%
Jun 30, 2023 17.34%
Mar 31, 2023 15.05%
Dec 31, 2022 -15.29%
Sep 30, 2022 0.39%
Jun 30, 2022 -2.13%
Mar 31, 2022 -7.71%
Dec 31, 2021 -13.92%
Sep 30, 2021 -4.52%
Jun 30, 2021 -1.95%
Mar 31, 2021 -21.78%