started · updated
Nu Holdings reports record US$ 1.06 billion quarterly profit FAST-MOVING
Nu Holdings, the parent company of Nubank, reported a record quarterly net profit of US$ 1.06 billion for the second quarter of 2026. This result marks the first time the digital lender has exceeded the US$ 1 billion profit threshold in a single quarter, representing a 49% increase compared to the same period in 2025 on a foreign-exchange-neutral basis.
Key financial metrics for the quarter include a 39% increase in net revenue, reaching US$ 5.88 billion, and a 37% year-on-year growth in the credit portfolio, which now stands at US$ 39.4 billion. The company's return on equity (ROE) reached 33%. The customer base expanded to 139 million users across Brazil, Mexico, and Colombia, with approximately 118 million located in Brazil, 16 million in Mexico, and 5 million in Colombia.
Despite the record profits, the company noted an increase in delinquency rates for debts over 90 days, which reached 6.9%. Management attributed this to seasonal migration of delays from the first quarter. The company is also reportedly preparing for a potential debut on the U.S. stock market.
Entities
Bemobi · Brazil · Colombia · David Vélez · Light S.A. · Mexico · Nu Holdings · Nubank · Pedro Ripper · Rob Livingston
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] The company reached 16 million customers in Mexico. altonivel.com.mx · jornaldafronteira.com.br · www.valoraanalitik.com
- [● 6 SOURCES] Nu Holdings reported a record net profit of US$ 1.06 billion for the second quarter of 2026. jornaldafronteira.com.br · mix929.com · www.valoraanalitik.com · www.piranot.com.br · imprensapublica.com.br · +1 more
- [● 4 SOURCES] Return on equity (ROE) reached 33%. www.valoraanalitik.com · www.piranot.com.br · jornaldafronteira.com.br · braziljournal.com
- [● 2 SOURCES] The company is preparing to debut in the U.S. mix929.com · wkzo.com
- [● 5 SOURCES] Net revenue increased 39% to $5.88 billion. jornaldafronteira.com.br · mix929.com · www.valoraanalitik.com · www.piranot.com.br · wkzo.com
- [● 5 SOURCES] The credit portfolio stood at $39.4 billion. jornaldafronteira.com.br · mix929.com · www.valoraanalitik.com · www.piranot.com.br · wkzo.com
- [● 5 SOURCES] The company reached 139 million customers globally. jornaldafronteira.com.br · mix929.com · www.valoraanalitik.com · www.piranot.com.br · wkzo.com
- [● 3 SOURCES] Delinquency rates for debts over 90 days reached 6.9%. jornaldafronteira.com.br · imprensapublica.com.br · www.piranot.com.br