Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Nu Holdings Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Revenue
612
737
1,698
4,792
8,029
11,517
Gross profit
248
327
733
1,663
3,491
5,253
Selling and marketing
38.9
16.5
71.8
136
147
Pre-tax income
-129
-193
-170
-309
1,539
2,795
Income tax
36.8
21.7
-4.83
55.7
509
823
Income from continuing operations
-92.5
-171
165
365
-1,031
-1,972
Net income to minority interests
-0.34
-0.06
Net income
-92.5
-171
-165
-365
1,031
1,972
EPS, basic
-0.08
-0.13
-0.10
-0.08
0.22
0.41
EPS, diluted
1,137,931.00
1,315,578.00
-0.10
-0.08
0.21
0.40
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Cash and equivalents
1,247
2,344
2,706
4,172
5,923
9,186
Receivables
1,475
2,341
4,236
6,297
6,101
Property, plant and equipment
9.85
14.1
27.5
39.3
25.9
Lease right-of-use assets
10.7
6.43
19
30.5
20.3
Goodwill
0.83
402
397
398
414
Intangible assets
12.4
72.3
182
296
348
Total assets
10,154
19,859
29,935
43,345
49,931
Short-term debt
133
97.5
147
586
1,136
1,730
Total liabilities
9,716
15,416
25,044
36,939
42,284
Total debt
97.5
147
586
1,136
1,730
Paid-in capital
638
4,679
4,964
4,973
5,054
Shareholders' equity
438
4,441
4,891
6,406
7,646
Minority interests
1.51
0.79
Total equity
612
438
4,443
4,891
6,406
7,647
Total liabilities and equity
10,154
19,859
29,935
43,345
49,931
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
Net income
-92.5
-171
-165
-365
1,031
1,972
Cash from operations
276
975
-2,924
756
1,266
2,399
Cash from investing
-4.68
-16.3
-154
-127
-177
-331
Debt repaid
16.8
-52.2
-66.4
-10.6
Cash from financing
611
240
3,336
654
425
728
Net change in cash
883
1,198
257
1,282
1,514
2,796
Key metrics
Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $13.59 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
45.6%
Gross profit / revenue.
Pre-tax margin
24.3%
Pre-tax income / revenue.
Net margin
17.1%
Net income / revenue.
Operating cash flow margin
20.8%
Cash from operations / revenue.
Effective tax rate
29.4%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
28.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
4.2%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
43.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
89.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
79.8%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
50.5%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
92.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
84.2%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y
91.4%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
90.2%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 5y
-94.9%
Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
89.5%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y
54.1%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
19.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
19.9%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
15.2%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
36.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.23x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.5%
Total debt / total assets.
Liabilities / assets
84.7%
Total liabilities / total assets.
Net debt
-$7.46B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.41
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$65.99B
Share price x shares outstanding.
Enterprise value
$58.53B
Market cap + total debt - cash - short-term investments.
P/E
33.5x
Market cap / net income. Only when net income is positive.
P/S
5.73x
Market cap / revenue.
P/B
8.63x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
9.59x
Market cap / tangible book value, when positive.
P/OCF
27.5x
Market cap / cash from operations, when positive.
EV/Sales
5.08x
Enterprise value / revenue.
Earnings yield
3.0%
Net income / market cap (the inverse of P/E).
What was Nu Holdings Ltd.'s revenue in fiscal 2024?
Nu Holdings Ltd. reported revenue of $11.52B for fiscal 2024, 43.4% higher than the year before.
Was Nu Holdings Ltd. profitable in fiscal 2024?
Yes. Net income was $1.97B, a net margin of 17.1%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.