Live: Nu Holdings (NU) Shares Jump 8% After Earnings

NU Holdings’ conference call is scheduled for 6 p.m.

We’ll post updates and a summary. If you want to receive that we highly encourage you to leave this page open as new updates will automatically post later.

As of 5:35 p.m. ET, shares are up 8.3% after hours.

Here’s some important slides from Nu Holdings investor presenation:

• Crypto customers are up 41% year-over-year
• Active credit card customers up 11%

• Mexico continues to see strong growth with customers surging from 7.8 million last year to 12 million in Q2 2025.

While results were largely inline, investors are very pleased with Nu Holdings prior quarter. Shares are up 7% after hours.

NU | Nu Holdings Ltd. Q2’25 Earnings Highlights:

• GAAP EPS: $0.13 [✅]
• Revenue: $3.7B [✅]; [UP] +40% YoY
• Adj. Gross Margin: 42.2% [✅]; [UP] +160 bps YoY
• Net Income: $637M [✅]; [UP] +42% YoY
• Adjusted Net Income: $694.5M [✅]; [UP] +42% YoY
• Net Interest Income: $2.1B [✅]; [UP] +33% YoY
• Deposits: $36.6B [✅]; [UP] +41% YoY
• Active Customers: 122.7M [✅]; [UP] +17% YoY

Outlook:

• • Expect continued growth driven by customer engagement and expansion into new markets.
  • Investment in technology and customer service to maintain high activity rates.

Other Key Q2 Metrics:

• Adj. Operating Income: $1.2B [✅]; [UP] +30% YoY
• Adj. Operating Expenses: $1.5B [✅]; [UP] +20% YoY
• Free Cash Flow: $500M; [UP] +25% YoY
• Effective Tax Rate: 25% (vs. 22% YoY)
• Monthly Average Revenue per Active Customer (ARPAC): $12.2 [✅]; [UP] +18% YoY
• Monthly Average Cost to Serve Per Active Customer: $0.80 [➖]; stable YoY
• 15 to 90-day NPL Ratio: 4.4% [✅]; [DOWN] -30 bps QoQ
• 90+ NPL Ratio: 6.6% [✅]; [UP] +10 bps QoQ

CEO Commentary:

• David Vélez: “These results prove that it’s possible to scale efficiently, with discipline, and still generate strong earnings while building the foundation for the long-term.”

GAAP EPS of $.13 matches Wall Street consensus while revenue of $3.67 billion is once again largely in line.

And shares are immediately spiking up 5%. We’ll post more analysis shortly.

And that means Nu Holdings earnings could hit any minute. Stay tuned, new updates will post automatically on this live blog the moment earnings hit newswires!

Conference calls have started for other comapnies that reported tonight, but there’s still no earnings from Nu Holdings.

Don’t say we didn’t warn anyone! In our post above we posted these earnings would likely be after 5 p.m.

The moment earnings hit we’ll update this live blog with news and analysis.

Nu Holdings earnings still aren’t out. If you see a price reaction after hours – you can safely ignore it. We will update this post when earnings are released.

Shares of Nu Holdings have been dropping throughout the afternoon. They’re now down about 3.2% as of 3:54 p.m. ET.

As a reminder, we expect Nu’s earnings to take a bit after the bell. However, whenever they cross news wires we’ll begin updating this live blog with news and analysis. So don’t leave this page as we’ll have you covered right after the company reports.

Consensus Rating:

• 18 Strong Buy
• 6 Buy
• 6 Hold
• Rating: Strong Buy

Price Targets:

• High: $19.00
• Low: $9.00
• Average: $14.81
• Current Price: $12.31
• Implied Upside: +20.3%