Nu Holdings (NU) Tax Provisions (2021 - 2025)

Nu Holdings (NU) recorded quarterly Tax Provisions of -$237.9 million in Q1 2025, down 116.62% quarter-over-quarter from $1.4 billion in Q4 2024, and down 19.1% on a YoY basis from -$294.0 million in Q1 2024.

Nu Holdings (NU) Tax Provisions (2021 - 2025) Analysis & Trends

Nu Holdings' Tax Provisions history runs 5 years deep, the most recent figure standing at -$237.9 million for Q1 2025.

  • In Q1 2025, Tax Provisions fell 19.1% year-over-year to -$237.9 million; the TTM figure through Mar 2025 stood at $784.9 million (up 91.12% YoY), while the FY2025 annual figure was $996.7 million, up 21.1% from the prior year.
  • Tax Provisions was -$237.9 million for Q1 2025 at Nu Holdings, down from $1.4 billion in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.4 billion in Q4 2024 to a low of -$238.1 million in Q2 2024.
  • Historically, Tax Provisions has averaged $67.3 million across 5 years, with a median of -$8.7 million in 2021.
  • Biggest YoY gain for Tax Provisions was 2198.01% in 2023; the steepest drop was 4080.52% in 2023.
  • A 5-year view of Tax Provisions shows it stood at $12.6 million in 2021, then surged by 183.24% to $35.6 million in 2022, then jumped by 2198.01% to $818.0 million in 2023, then surged by 74.97% to $1.4 billion in 2024, then tumbled by 116.62% to -$237.9 million in 2025.
  • The last three Tax Provisions figures came in at -$237.9 million (Q1 2025), $1.4 billion (Q4 2024), and -$170.4 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -78,154.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -633.64 Mn
4 First Capital 215.78 Bn 215.63 Bn - 1.03 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.25 Mn
7 NatWest 168.65 Bn -51.67 Bn - -709.14 Mn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 391.52 Mn
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Nu Holdings 58.79 Mn -14.98 Bn 1.94 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2025 -237.87 Mn
Dec 31, 2024 1.43 Bn
Sep 30, 2024 -170.40 Mn
Jun 30, 2024 -238.15 Mn
Mar 31, 2024 -199.72 Mn
Dec 31, 2023 818.05 Mn
Sep 30, 2023 -108.51 Mn
Jun 30, 2023 -99.11 Mn
Mar 31, 2023 -101.88 Mn
Dec 31, 2022 35.60 Mn
Sep 30, 2022 2.73 Mn
Jun 30, 2022 -5.24 Mn
Mar 31, 2022 22.65 Mn
Dec 31, 2021 12.57 Mn
Sep 30, 2021 -12.60 Mn
Jun 30, 2021 -8.68 Mn
Mar 31, 2021 3.88 Mn