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

Nu Holdings has reported Operating Margin for 6 years, with the latest figure at 53.44% in Q2 2026.

• On a quarterly basis, Operating Margin rose 194.0% year-over-year to 53.44% in Q2 2026; TTM through Jun 2026 was 50.93%, a 2954.0% increase from a year earlier, with the FY2025 full-year figure at 24.55%, up 28.0% from the prior year.
• Operating Margin was 53.44% for Q2 2026 at Nu Holdings, up from 47.44% in the prior quarter.
• The five-year high for Operating Margin was 95.03% in Q4 2022, with the low at 98.89% in Q4 2024.
• Average Operating Margin over 5 years is 45.69%, with a median of 64.95% recorded in 2022.
• The sharpest annual moves came in 2023 and 2025: Operating Margin sank 18556 bps in 2023, then jumped 14975 bps in 2025.
• Over 5 years, Operating Margin stood at 95.03% in 2022, then slumped by 195 bps to 90.53% in 2023, then slipped by 9 bps to 98.89% in 2024, then surged by 151 bps to 50.86% in 2025, then grew by 5 bps to 53.44% in 2026.
• The last three Operating Margin figures came in at 53.44% (Q2 2026), 47.44% (Q1 2026), and 50.86% (Q4 2025), per Business Quant data.