Nu Holdings (NU) Stock Jumps 9% as Q2 Profit Hits $1 Billion for First Time
TLDR
- Nu Holdings posted net profit of $1.06 billion in Q2 2026, its first ever billion-dollar quarter, up 49% year-on-year
- Revenue rose 39% to $5.88 billion, beating the $5.60 billion analyst estimate
- NU stock jumped roughly 9.5% in after-hours trading to around $15.25
- The company now serves 139 million customers across Brazil, Mexico, and Colombia
- Risk-adjusted net interest margin improved to 12.4%, up from 9.9% a year earlier
Nu Holdings delivered its strongest quarter yet, crossing the $1 billion net income mark for the first time. The stock jumped around 9.5% in after-hours trading to approximately $15.25 after the results dropped Thursday evening.
Net profit came in at $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis. That beat the Visible Alpha estimate of $967.2 million.
Revenue climbed 39% to $5.88 billion, also clearing the $5.60 billion consensus forecast.
$NU Nubank Q2 FY26:
• Customers +13% Y/Y to 139M
• Deposits +18% Y/Y to $45.3B
• Revenue +50% Y/Y to $5.5B ($0.4B beat)
• Net income +67% Y/Y to $1.1B
• EPS $0.22 ($0.02 beat). pic.twitter.com/35fhiAy8Hs… Continue reading the full article at the original source below.
