Nu Holdings (NU) Gross Margin (2021 - 2026)

Nu Holdings has reported Gross Margin for 6 years, with the latest figure at 42.56% in Q2 2026.

• On a quarterly basis, Gross Margin rose 37.0% year-over-year to 42.56% in Q2 2026; TTM through Jun 2026 was 41.21%, a 222.0% decrease from a year earlier, with the FY2025 full-year figure at 42.0%, down 361.0% from the prior year.
• Gross Margin was 42.56% for Q2 2026 at Nu Holdings, up from 37.54% in the prior quarter.
• The five-year high for Gross Margin was 47.72% in Q2 2024, with the low at 31.41% in Q2 2022.
• Average Gross Margin over 5 years is 41.12%, with a median of 42.02% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1811 bps in 2022, then jumped 1044 bps in 2023.
• Over 5 years, Gross Margin stood at 39.87% in 2022, then increased by 19 bps to 47.54% in 2023, then slipped by 4 bps to 45.61% in 2024, then fell by 9 bps to 41.47% in 2025, then grew by 3 bps to 42.56% in 2026.
• The last three Gross Margin figures came in at 42.56% (Q2 2026), 37.54% (Q1 2026), and 41.47% (Q4 2025), per Business Quant data.