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[BUSINESS] · Brazil, Mexico, Colombia, United States · 43 sources

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Nu Holdings reports record US$ 1.06 billion quarterly profit

Nu Holdings, the parent company of Nubank, achieved a record quarterly net profit of US$ 1.06 billion for the second quarter of 2026. This represents a 49% increase on a foreign-exchange-neutral basis compared to the same period last year and exceeded analyst expectations.

Key financial metrics include a 39% year-on-year increase in net revenue, reaching US$ 5.88 billion, and a credit portfolio that grew 37% to US$ 39.4 billion. The company's return on equity (ROE) reached 33%.

Globally, the company now serves approximately 139 million customers across Brazil, Mexico, and Colombia. Specifically, the customer base includes nearly 118 million in Brazil, approximately 16 million in Mexico, and about 5 million in Colombia. While short-term delinquency rates (15-90 days) fell to 4.8%, long-term delinquency rates (over 90 days) rose to 6.9%, a trend the company attributed to seasonal migrations of arrears from the previous quarter.

Entities

Bemobi · Brazil · Colombia · David Vélez · Light S.A. · Mexico · Nu Holdings · Nubank · Pedro Ripper · Rob Livingston

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