Nu Holdings (NU) Tax Rate (2021 - 2025)
Nu Holdings' (NU) quarterly Tax Rate came in at 168.01% in Q4 2025, down 1850.0% year-on-year from 9.6% in Q4 2024, and up 662.16% quarter-over-quarter from 29.89% in Q3 2025.
Nu Holdings (NU) Tax Rate (2021 - 2025) Analysis & Trends
Nu Holdings' Tax Rate history runs 5 years deep, the most recent figure standing at 168.01% for Q4 2025.
- On a quarterly basis, Tax Rate fell 1850.0% year-over-year to 168.01% in Q4 2025; TTM through Dec 2025 was 25.77%, a 368.0% decrease from a year earlier, with the FY2025 full-year figure at 25.77%, down 368.0% from the prior year.
- Tax Rate grew to 168.01% in Q4 2025 per NU's latest filing, from 29.89% in the prior quarter.
- Across five years, Tax Rate topped out at 186.51% in Q4 2024 and bottomed at 41.82% in Q1 2023.
- The 5-year median for Tax Rate is 19.8% (2022), against an average of 20.9%.
- Across the five-year window, Tax Rate slumped 11151 bps in 2022 and soared 16215 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 14.2% in 2021, then retreated by 13 bps to 16.05% in 2022, then surged by 1010 bps to 146.1% in 2023, then rose by 28 bps to 186.51% in 2024, then declined by 10 bps to 168.01% in 2025.
- Per Business Quant, the three latest NU Tax Rate figures stand at 168.01% (Q4 2025), 29.89% (Q3 2025), and 27.56% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 0.05 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 25.76 |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -22.54 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -23.21 |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 19.83 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -25.87 |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 18.98 |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 19.39 |
| 10 | Nu Holdings | 68.07 Bn | 52.92 Bn | 1.94 Bn | 168.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 168.01 |
| Dec 31, 2025 | 168.01 |
| Dec 31, 2025 | 168.01 |
| Sep 30, 2025 | -29.89 |
| Sep 30, 2025 | -29.89 |
| Sep 30, 2025 | -29.89 |
| Jun 30, 2025 | -27.56 |
| Jun 30, 2025 | -27.56 |
| Jun 30, 2025 | -27.56 |
| Mar 31, 2025 | -29.92 |
| Mar 31, 2025 | -29.92 |
| Mar 31, 2025 | -29.92 |
| Dec 31, 2024 | 186.51 |
| Dec 31, 2024 | 186.51 |
| Dec 31, 2024 | 186.51 |
| Sep 30, 2024 | -23.54 |
| Sep 30, 2024 | -23.54 |
| Sep 30, 2024 | -23.54 |
| Jun 30, 2024 | -32.83 |
| Jun 30, 2024 | -32.83 |