Nu Holdings Ltd. (NU) Q2 FY2026 財報重點

本季結論

Nu Holdings Ltd. delivered a strong second quarter for 2026, achieving a record net income of US$1.061B, the first time the company has surpassed the US$1B milestone in a single quarter. Growth was driven by a 39% year-over-year increase in revenue to US$5.876B and the addition of 4 million new customers, bringing the global total to 139 million. Profitability metrics remained robust, with a sustained 33% return on equity and an expanded risk-adjusted net interest margin of 12.4%. Management continues to prioritize scaling operations in Mexico and Colombia while leveraging AI-driven models to enhance operational efficiency. The primary risk remains the management of credit quality, as evidenced by a 90-plus-day nonperforming loan ratio of 6.9%.

重要進展

• Record Net Income Milestone：Nu Holdings achieved a record quarterly net income of US$1.061B, representing 49% year-over-year growth on an FX-neutral basis. 來源：international.nubank.com.br、businesswire.com
• Strong Revenue and Gross Profit Growth：Gross revenue reached US$5.876B, up 39% year-over-year, while gross profit grew 43% year-over-year to US$2.441B. 來源：international.nubank.com.br、stocktitan.net
• Significant Customer Base Expansion：The company added approximately 4 million customers during the quarter, reaching a total global customer base of 139 million. 來源：international.nubank.com.br
• Margin Expansion and Operational Efficiency：Risk-adjusted net interest margin expanded to 12.4% from 9.5% in the previous quarter, while the efficiency ratio remained stable at 19.5%. 來源：international.nubank.com.br、investing.com

需留意的變化

• Credit Quality Monitoring：The company reported a 90-plus-day nonperforming loan (NPL) ratio of 6.9%, highlighting the ongoing need to manage credit risk. 來源：international.nubank.com.br
• Reliance on Managerial Metrics：Financial reporting relies on a managerial P&L framework which, while subject to limited assurance, is not a direct substitute for IFRS financial measures. 來源：international.nubank.com.br、tipranks.com

管理層展望

Management maintains a focus on expanding within the existing customer base in Brazil and scaling operations in Mexico and Colombia, while continuing to invest in AI and digital transformation to enhance monetization and operational leverage.。

風險與限制

• Credit Risk and Delinquencies：The company faces inherent risks related to loan performance, with 90-plus-day nonperforming loans reported at 6.9%. 來源：international.nubank.com.br

資料來源

1. NU FY2026 Q2 Earnings Call Transcript · Earnings Labs
2. Nu Holdings Ltd. Reports Second Quarter 2026 Financial Results · international.nubank.com.br · 2026-08-13
3. Nu Holdings Ltd. Reports Second Quarter 2026 Financial Results - Business Wire · businesswire.com · 2026-08-13
4. Nu Holdings posts strong Q2 2026 managerial profit · stocktitan.net · 2026-08-13
5. Nu Q2'26 slides: profit tops $1B, risk-adjusted margin hits 12.4% · investing.com · 2026-08-13
6. tipranks.com · tipranks.com