Nu Holdings (NU) Tax Rate (2021 - 2026)
Nu Holdings (NU) posted Tax Rate of 14.17% for Q2 2026, down 63.2% on a QoQ basis from 8.68% in Q1 2026, and up 1339.0% year-over-year from 0.98% in Q2 2025.
Powered by 
Analysis
Nu Holdings (NU) Tax Rate (2021 - 2026) Analysis & Trends
Nu Holdings has reported Tax Rate for 6 years, with the latest figure at 14.17% in Q2 2026.
- On a quarterly basis, Tax Rate rose 1339.0% year-over-year to 14.17% in Q2 2026; TTM through Jun 2026 was 17.67%, a 967.0% increase from a year earlier, with the FY2025 full-year figure at 25.77%, up 368.0% from the prior year.
- Tax Rate was 14.17% for Q2 2026 at Nu Holdings, down from 8.68% in the prior quarter.
- The five-year high for Tax Rate was 53.38% in Q3 2022, with the low at 41.82% in Q1 2023.
- Average Tax Rate over 5 years is 16.94%, with a median of 27.78% recorded in 2024.
- The largest YoY upside for Tax Rate was 5933 bps in 2022 against a maximum downside of 11151 bps in 2022.
- Over 5 years, Tax Rate stood at 34.21% in 2022, then sank by 204 bps to 35.55% in 2023, then rose by 21 bps to 27.99% in 2024, then jumped by 39 bps to 16.97% in 2025, then gained by 16 bps to 14.17% in 2026.
- The last three Tax Rate figures came in at 14.17% (Q2 2026), 8.68% (Q1 2026), and 16.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 21.54% |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 23.07% |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 22.60% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 24.29% |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 22.26% |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 17.42% |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 23.61% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | -38.63% |
| 10 | Nu Holdings | 72.61 Bn | 58.93 Bn | 2.35 Bn | -14.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.17% |
| Mar 31, 2026 | -8.68% |
| Dec 31, 2025 | -16.97% |
| Sep 30, 2025 | -29.89% |
| Jun 30, 2025 | -27.56% |
| Mar 31, 2025 | -29.92% |
| Dec 31, 2024 | -27.99% |
| Sep 30, 2024 | -23.54% |
| Jun 30, 2024 | -32.83% |
| Mar 31, 2024 | -34.52% |
| Dec 31, 2023 | -35.55% |
| Sep 30, 2023 | -26.37% |
| Jun 30, 2023 | -30.59% |
| Mar 31, 2023 | -41.82% |
| Dec 31, 2022 | 34.21% |
| Sep 30, 2022 | 53.38% |
| Jun 30, 2022 | 21.28% |
| Mar 31, 2022 | -33.48% |
| Dec 31, 2021 | -25.12% |
| Sep 30, 2021 | 57.91% |