Nu Holdings Ltd. Class A Ordinary Shares Q2 2025 Earnings Recap

Nu Holdings demonstrated exceptional growth in Q2 2025, achieving nearly 123 million customers and $3.7 billion in revenues, reflecting an 85% annualized growth rate since 2021 while maintaining strong profitability.

Key Takeaways

• Customer base expanded by 4.1 million net additions, with activity rates exceeding 83%.
• Revenues surged to $3.7 billion, supported by a gross profit growth of 78% year-over-year.
• Quarterly net income reached $637 million, nearly tripling over the past two years.
• Enhanced leadership team with key strategic hires aims to drive future growth and innovation.
• Strong performance in Mexico and Colombia, with active unsecured loans customer base increasing by 56% year-over-year.