Overview
Nu Holdings Ltd. (Nubank) Financial Statements FY2021-FY2026
Nubank's income statement and balance sheet, FY2021 through FY2026Q2, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 20-F and 6-K filings and version-controlled in git. Part of… Ledger notes
Financial position
Net worth and the accounts that make it up
Money movement
Monthly income and spending by account category
Recent activity
Posting-aware activity from the journal
Income vs Expenses
Period data
| Period | Income | Expenses | Net Profit |
|---|---|---|---|
| 2021-12-31 | 1698.023 MUSD | 1863.357 MUSD | -165.33400000000006 MUSD |
| 2022-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-11-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-12-31 | 4792.231 MUSD | 5156.865 MUSD | -364.634 MUSD |
| 2023-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-11-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-12-31 | 8028.976 MUSD | 6998.446 MUSD | 1030.5299999999997 MUSD |
| 2024-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-02-29 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-11-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-12-31 | 11517.075 MUSD | 9544.963 MUSD | 1972.112000000001 MUSD |
| 2025-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-11-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-12-31 | 15774.741 MUSD | 12903.069 MUSD | 2871.6720000000005 MUSD |
| 2026-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-06-30 | 5513.208 MUSD | 4452.119 MUSD | 1061.089 MUSD |
Balance Sheet
Breakdown
| Account | Amount | Share of absolute total |
|---|---|---|
| Assets:Current:CreditCardReceivables | 25961.122 MUSD | 27.06% |
| Assets:Current:ShortTermInvestments | 19181.364 MUSD | 20% |
| Assets:Current:Cash | 13551.611 MUSD | 14.13% |
| Assets:NonCurrent:Loans | 13437.254 MUSD | 14.01% |
| Assets:Current:CentralBankDeposits | 9149.128 MUSD | 9.54% |
| Assets:Current:CreditCardAllowance | -4466.716 MUSD | 4.66% |
| Assets:NonCurrent:Other | 3742.095 MUSD | 3.9% |
| Assets:Current:Other | 2205.7 MUSD | 2.3% |
| Assets:NonCurrent:LoanAllowance | -2119.832 MUSD | 2.21% |
| Other | 2111.688 MUSD | 2.2% |
Breakdown
| Account | Amount | Share of total |
|---|---|---|
| Liabilities:NonCurrent:LongTermDebt | 4682.252 MUSD | 6.74% |
| Liabilities:Current:ShortTermDebt | 1058.343 MUSD | 1.52% |
| Liabilities:Current:PayablesToNetwork | 15541.657 MUSD | 22.36% |
| Liabilities:Current:Other | 2740.424 MUSD | 3.94% |
| Liabilities:Current:Deposits | 45328.419 MUSD | 65.22% |
| Other | 150.598 MUSD | 0.22% |
Cash Flow
Loading account roles…
Nu Holdings Ltd. (NU) Financial Statements in Beancount — Open Ledger
Nubank's income statement and balance sheet, FY2021 through FY2026Q2, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 20-F and 6-K filings and version-controlled in git. Part of the Open Ledger project on beancount.io.
Browse it live: beancount.io/ledger/open_ledger/nubank
Latest analysis: Nubank Q2 2026 Earnings: The First $1B Quarter, 139M Customers and a 22.9% Net Interest Margin
Key Figures
| Period | Period end | Revenue | Net income |
|---|---|---|---|
| FY2021 | 2021-12-31 | 1,698.023 | -165.334 |
| FY2022 | 2022-12-31 | 4,792.231 | -364.634 |
| FY2023 | 2023-12-31 | 8,028.976 | 1,030.53 |
| FY2024 | 2024-12-31 | 11,517.075 | 1,972.112 |
| FY2025 | 2025-12-31 | 15,774.741 | 2,871.672 |
| FY2026Q2 | 2026-06-30 | 5,513.208 | 1,061.089 |
Amounts in MUSD (millions of US dollars), exactly as the ledger records them.
What's Inside
| Period | File | Source |
|---|---|---|
| FY2021 | FY2021/FY2021.bean | FY2022 20-F, audited FY2021 comparatives |
| FY2022 | FY2022/FY2022.bean | FY2024 20-F, FY2022 income-statement comparative, Note 1(d) |
| FY2023 | FY2023/FY2023.bean | FY2025 20-F, FY2023 income-statement comparative |
| FY2024 | FY2024/FY2024.bean | FY2025 20-F, FY2024 comparatives |
| FY2025 | FY2025/FY2025.bean | FY2025 20-F |
| FY2026Q2 | FY2026/FY2026Q2.bean | 6-K, unaudited interim IFRS statements |
Fiscal years end December 31 (SEC CIK 0001691493). Nu Holdings reports in US dollars under IFRS; the statements are in USD thousands and converted exactly, hence the three decimals. FY2021–FY2025 come from Form 20-F annual reports and FY2026Q2 is the three months ended June 30, 2026 from the unaudited interim statements furnished on Form 6-K; there is no FY2026Q1 file. The chart is adapted for a digital bank — gross credit card receivables and loans with their expected-credit-loss allowances as separate contra accounts, plus Liabilities:Current:Deposits and Liabilities:Current:PayablesToNetwork — and Income:Revenue is IFRS total revenue (interest income plus fee and commission income).
Quick Start
uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
"SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.
Methodology
- Balance sheet —
pad/balancedirectives assert each period-end
figure against the filing named in that period file's source banner. - Income statement — one zero-sum transaction per period:
Income
negative (credit),Expensespositive (debit), with the arithmetic check in
a comment directly above it. - Unit —
MUSD;5,513.208 MUSDmeans 5,513.208 million US dollars. - Additional accounts —
Assets:Current:CentralBankDeposits,
Assets:Current:CreditCardReceivables,Assets:Current:CreditCardAllowance,
Assets:NonCurrent:Loans,Assets:NonCurrent:LoanAllowance,
Liabilities:Current:Deposits,Liabilities:Current:PayablesToNetwork,
Equity:NoncontrollingInterests, opened beyond the standard chart (see each
account'sopenline inmain.bean).
Analysis
- Nubank Q2 2026 Earnings: The First $1B Quarter, 139M Customers and a 22.9% Net Interest Margin — FY2026Q2
Corrections
Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.
About Open Ledger
Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.
Disclaimer
This ledger is an independent reconstruction of Nu Holdings Ltd.'s publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by Nu Holdings Ltd.; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.