Nu Holdings (NU) Net Margin (2021 - 2025)
Nu Holdings' quarterly Net Margin came in at 23.0% in Q4 2025, up 4521.0% year-on-year from 0.5% in Q4 2024, and down 14.03% quarter-over-quarter from 26.75% in Q3 2025.
Nu Holdings has reported Net Margin for 5 years, with the latest figure at 23.0% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 4521.0% year-over-year to 23.0%; the trailing twelve-month figure through Dec 2025 stood at 26.03% (up 891.0% YoY), and the FY2025 full-year result was 18.19%, up 106.0% from the prior year.
- Net Margin for Q4 2025 stood at 23.0%, down from 26.75% in the prior quarter.
- The five-year high for Net Margin was 33.83% in Q2 2024, with the low at 23.36% in Q1 2021.
- Average Net Margin over 5 years is 8.18%, with a median of 10.99% recorded in 2021.
- Year-over-year, Net Margin plunged 1148 bps in 2024 and surged 4521 bps in 2025.
- Tracing NU's Net Margin over 5 years: stood at 15.89% in 2021, then slipped by 12 bps to 17.74% in 2022, then jumped by 40 bps to 10.73% in 2023, then sank by 107 bps to 22.21% in 2024, then jumped by 204 bps to 23.0% in 2025.
- The last three Net 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) | Net 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 | - | 251.45% |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 26.97% |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | -0.97% |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 27.35% |
| 10 | Nu Holdings | 61.52 Mn | -14.98 Bn | 1.94 Bn | 23.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.00% |
| Sep 30, 2025 | 26.75% |
| Jun 30, 2025 | 23.97% |
| Mar 31, 2025 | 31.81% |
| Dec 31, 2024 | -22.21% |
| Sep 30, 2024 | 30.38% |
| Jun 30, 2024 | 33.83% |
| Mar 31, 2024 | 28.45% |
| Dec 31, 2023 | -10.73% |
| Sep 30, 2023 | 24.34% |
| Jun 30, 2023 | 22.64% |
| Mar 31, 2023 | 21.35% |
| Dec 31, 2022 | -17.74% |
| Sep 30, 2022 | 0.18% |
| Jun 30, 2022 | -1.67% |
| Mar 31, 2022 | -10.29% |
| Dec 31, 2021 | -15.89% |
| Sep 30, 2021 | -1.90% |
| Jun 30, 2021 | 0.64% |
| Mar 31, 2021 | -23.36% |