Nu Holdings Q2 FY26 net income rises 49% YoY to US$ 1.1 billion; revenue climbs 39% YoY to US$ 5.9 billion
NU•Margins widen as loan mix shifts
Net interest margin widened 1.8 percentage points quarter over quarter to 22.9%, reflecting loan growth and a shift toward unsecured credit.
Credit cost fell 9% quarter over quarter to USD 1.7 billion, on typical seasonal improvement in early delinquencies.
Customer growth continues across markets
Customers increased by about 4 million in the quarter to 139 million; Mexico launched as a bank, reaching 15.8 million clients.
Nu Holdings reports higher Q2 FY26 profit and revenue
Nu Holdings posted 2Q26 IFRS net income of USD 1.1 billion, up 49% year over year and 17% quarter over quarter.
Revenue climbed 39% from a year earlier to about USD 5.9 billion; net interest income rose 9% quarter over quarter to USD 3.7 billion.
