Nu reported fourth-quarter (Q4) 2025 results with revenue of USD 4.9 billion and net income of USD 894.8 million, up 13% quarter-on-quarter and 50% year-on-year, alongside gross profit of USD 1.96 billion. Net interest income rose 13% quarter-on-quarter to USD 2.8 billion, while risk-adjusted NIM was 10.5%. The company posted a ROE of 33%. For full-year (FY) 2025, Nu reported revenue of USD 16.3 billion, up 45% year-on-year, and net income of USD 2.9 billion (vs. USD 2.0 billion in FY 2024), with gross profit of USD 6.6 billion. Nu ended 2025 with 131 million customers after adding 4 million in Q4 and 17 million in FY 2025. Q4 monthly ARPAC was USD 15, up about 9% quarter-on-quarter and around 27% year-on-year, with an 83% monthly activity rate. Q4 cost to serve per active customer was USD 0.8 and the efficiency ratio was 19.9%. Asset quality indicators included a 15–90 NPL ratio of 4.1 and 90+ NPLs of 6.6%. Business updates included the launch of over 100 products and features across markets, including new payroll loan modalities in Brazil, an expanded credit card portfolio in Colombia, an under-18 credit card in Brazil, and tools such as Turbo Moneyboxes and NuScore. Nu also highlighted AI initiatives, including deployment of nuFormer in Brazil credit underwriting with plans to expand to lending in Brazil and credit cards in Mexico, and said it received conditional OCC approval in January 2026 following a U.S. national bank charter filing in September 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nu Holdings Ltd. published the original content used to generate this news brief on February 25, 2026, and is solely responsible for the information contained therein.