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

Nu Holdings' EBT Margin history runs 5 years deep, the most recent figure standing at 23.0% for Q4 2025.

• In Q4 2025, EBT Margin fell 267.0% year-over-year to 23.0%; the TTM figure through Dec 2025 stood at 24.52% (up 25.0% YoY), while the FY2025 annual figure was 24.52%, up 25.0% from the prior year.
• EBT Margin was 23.0% for Q4 2025 at Nu Holdings, down from 26.75% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 26.75% in Q3 2025 to a low of 21.78% in Q1 2021.
• Historically, EBT Margin has averaged 10.16% across 5 years, with a median of 18.3% in 2023.
• The sharpest annual moves came in 2023 and 2025: EBT Margin soared 3857 bps in 2023, then sank 267 bps in 2025.
• A 5-year view of EBT Margin shows it stood at 13.92% in 2021, then decreased by 10 bps to 15.29% in 2022, then soared by 252 bps to 23.28% in 2023, then grew by 10 bps to 25.67% in 2024, then decreased 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.