Nu Holdings (NU) Operating Expenses (2021 - 2026)

Nu Holdings has reported Operating Expenses for 6 years, with the latest figure at -$599.8 million in Q2 2026.

• On a quarterly basis, Operating Expenses fell 75.76% year-over-year to -$599.8 million in Q2 2026; TTM through Jun 2026 was -$1.9 billion, a 166.47% decrease from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 12.01% from the prior year.
• Operating Expenses was -$599.8 million for Q2 2026 at Nu Holdings, down from -$492.0 million in the prior quarter.
• The five-year high for Operating Expenses was $4.3 billion in Q4 2024, with the low at -$800.1 million in Q4 2022.
• Average Operating Expenses over 5 years is -$17.1 million, with a median of -$449.1 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 153.68% in 2022, then soared 515.01% in 2023.
• Over 5 years, Operating Expenses stood at -$800.1 million in 2022, then jumped by 515.01% to $3.3 billion in 2023, then soared by 30.09% to $4.3 billion in 2024, then slumped by 110.19% to -$440.1 million in 2025, then tumbled by 36.28% to -$599.8 million in 2026.
• The last three Operating Expenses figures came in at -$599.8 million (Q2 2026), -$492.0 million (Q1 2026), and -$440.1 million (Q4 2025), per Business Quant data.