Nu Holdings Ltd
BMV:NUN
Income Statement
Earnings Waterfall
Nu Holdings Ltd
Income Statement
Nu Holdings Ltd
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Revenue |
737
N/A
|
766
+4%
|
940
+23%
|
1 265
+35%
|
1 698
+34%
|
2 330
+37%
|
3 152
+35%
|
3 978
+26%
|
4 792
+20%
|
5 534
+15%
|
6 245
+13%
|
7 075
+13%
|
8 029
+13%
|
9 146
+14%
|
10 126
+11%
|
10 933
+8%
|
11 517
+5%
|
12 029
+4%
|
12 849
+7%
|
14 078
+10%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(410)
|
(411)
|
(514)
|
(682)
|
(965)
|
(1 419)
|
(2 043)
|
(2 666)
|
(3 129)
|
(3 514)
|
(3 806)
|
(4 149)
|
(4 538)
|
(5 125)
|
(5 527)
|
(5 900)
|
(6 264)
|
(6 638)
|
(7 269)
|
(8 033)
|
|
| Gross Profit |
327
N/A
|
355
+8%
|
426
+20%
|
582
+37%
|
733
+26%
|
911
+24%
|
1 108
+22%
|
1 312
+18%
|
1 663
+27%
|
2 020
+21%
|
2 438
+21%
|
2 926
+20%
|
3 491
+19%
|
4 022
+15%
|
4 599
+14%
|
5 033
+9%
|
5 253
+4%
|
5 391
+3%
|
5 579
+3%
|
6 045
+8%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(419)
|
(454)
|
(536)
|
(690)
|
(903)
|
(1 096)
|
(1 311)
|
(1 487)
|
(1 972)
|
(2 017)
|
(2 087)
|
(2 169)
|
(1 952)
|
(2 148)
|
(2 324)
|
(2 445)
|
(2 458)
|
(2 378)
|
(2 412)
|
(2 484)
|
|
| Selling, General & Administrative |
(402)
|
(436)
|
(529)
|
(678)
|
(882)
|
(1 058)
|
(1 216)
|
(1 360)
|
(1 786)
|
(1 810)
|
(1 867)
|
(1 903)
|
(1 638)
|
(1 793)
|
(1 922)
|
(2 004)
|
(2 030)
|
(1 989)
|
(2 017)
|
(2 086)
|
|
| Depreciation & Amortization |
(7)
|
(9)
|
(10)
|
(15)
|
(17)
|
(22)
|
(30)
|
(32)
|
(36)
|
(41)
|
(45)
|
(56)
|
(63)
|
(68)
|
(73)
|
(73)
|
(77)
|
(80)
|
(85)
|
(91)
|
|
| Other Operating Expenses |
(10)
|
(8)
|
3
|
3
|
(4)
|
(15)
|
(65)
|
(95)
|
(150)
|
(166)
|
(176)
|
(209)
|
(250)
|
(287)
|
(329)
|
(369)
|
(351)
|
(309)
|
(310)
|
(307)
|
|
| Operating Income |
(92)
N/A
|
(99)
-7%
|
(110)
-12%
|
(107)
+3%
|
(170)
-58%
|
(184)
-8%
|
(203)
-10%
|
(176)
+13%
|
(309)
-76%
|
2
N/A
|
351
+14 653%
|
757
+116%
|
1 539
+103%
|
1 874
+22%
|
2 275
+21%
|
2 588
+14%
|
2 795
+8%
|
3 013
+8%
|
3 168
+5%
|
3 561
+12%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(101)
|
0
|
0
|
(88)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
|
| Total Other Income |
0
|
(101)
|
(101)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(193)
N/A
|
(200)
-4%
|
(212)
-6%
|
(195)
+8%
|
(170)
+13%
|
(184)
-8%
|
(203)
-10%
|
(176)
+13%
|
(309)
-76%
|
2
N/A
|
351
+14 653%
|
757
+116%
|
1 539
+103%
|
1 874
+22%
|
2 275
+21%
|
2 588
+14%
|
2 795
+8%
|
3 012
+8%
|
3 166
+5%
|
3 558
+12%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
22
|
13
|
7
|
(11)
|
5
|
24
|
27
|
42
|
(56)
|
(180)
|
(274)
|
(385)
|
(509)
|
(606)
|
(745)
|
(807)
|
(823)
|
(861)
|
(865)
|
(1 029)
|
|
| Income from Continuing Operations |
(171)
|
(188)
|
(204)
|
(206)
|
(165)
|
(161)
|
(175)
|
(133)
|
(365)
|
(178)
|
77
|
372
|
1 031
|
1 268
|
1 530
|
1 780
|
1 972
|
2 151
|
2 300
|
2 530
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
| Net Income (Common) |
(171)
N/A
|
(188)
-9%
|
(204)
-9%
|
(206)
-1%
|
(165)
+20%
|
(161)
+3%
|
(175)
-9%
|
(133)
+24%
|
(365)
-174%
|
(178)
+51%
|
77
N/A
|
372
+384%
|
1 031
+177%
|
1 268
+23%
|
1 530
+21%
|
1 780
+16%
|
1 972
+11%
|
2 151
+9%
|
2 300
+7%
|
2 529
+10%
|
|
| EPS (Diluted) |
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.03
+25%
|
-0.04
-33%
|
-0.03
+25%
|
-0.08
-167%
|
-0.04
+50%
|
0.02
N/A
|
0.08
+300%
|
0.21
+163%
|
0.26
+24%
|
0.31
+19%
|
0.36
+16%
|
0.4
+11%
|
0.43
+7%
|
0.46
+7%
|
0.51
+11%
|
|