Skip to main content

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

Net Worth
Assets plus liabilities over the last 12 months
13,251.721 MUSD
+1,930.159 MUSDfrom previous month
Accounts
Current asset and liability account balances

Money movement

Monthly income and spending by account category

June 2026
Money in
June 2026
+5,513.208 MUSD
Top sources
Average of up to 3 preceding periods
—
View all
Money out
June 2026
-4,452.119 MUSD
Top spending
Average of up to 3 preceding periods
—
View all

Recent activity

Posting-aware activity from the journal

Transactions
Newest transactions matching the current dashboard filters

Income vs Expenses

Income vs Expenses
Bar chart comparing total income and expenses for each interval in the selected period.
Period data
PeriodIncomeExpensesNet Profit
2021-12-311698.023 MUSD1863.357 MUSD-165.33400000000006 MUSD
2022-01-310 MUSD0 MUSD0 MUSD
2022-02-280 MUSD0 MUSD0 MUSD
2022-03-310 MUSD0 MUSD0 MUSD
2022-04-300 MUSD0 MUSD0 MUSD
2022-05-310 MUSD0 MUSD0 MUSD
2022-06-300 MUSD0 MUSD0 MUSD
2022-07-310 MUSD0 MUSD0 MUSD
2022-08-310 MUSD0 MUSD0 MUSD
2022-09-300 MUSD0 MUSD0 MUSD
2022-10-310 MUSD0 MUSD0 MUSD
2022-11-300 MUSD0 MUSD0 MUSD
2022-12-314792.231 MUSD5156.865 MUSD-364.634 MUSD
2023-01-310 MUSD0 MUSD0 MUSD
2023-02-280 MUSD0 MUSD0 MUSD
2023-03-310 MUSD0 MUSD0 MUSD
2023-04-300 MUSD0 MUSD0 MUSD
2023-05-310 MUSD0 MUSD0 MUSD
2023-06-300 MUSD0 MUSD0 MUSD
2023-07-310 MUSD0 MUSD0 MUSD
2023-08-310 MUSD0 MUSD0 MUSD
2023-09-300 MUSD0 MUSD0 MUSD
2023-10-310 MUSD0 MUSD0 MUSD
2023-11-300 MUSD0 MUSD0 MUSD
2023-12-318028.976 MUSD6998.446 MUSD1030.5299999999997 MUSD
2024-01-310 MUSD0 MUSD0 MUSD
2024-02-290 MUSD0 MUSD0 MUSD
2024-03-310 MUSD0 MUSD0 MUSD
2024-04-300 MUSD0 MUSD0 MUSD
2024-05-310 MUSD0 MUSD0 MUSD
2024-06-300 MUSD0 MUSD0 MUSD
2024-07-310 MUSD0 MUSD0 MUSD
2024-08-310 MUSD0 MUSD0 MUSD
2024-09-300 MUSD0 MUSD0 MUSD
2024-10-310 MUSD0 MUSD0 MUSD
2024-11-300 MUSD0 MUSD0 MUSD
2024-12-3111517.075 MUSD9544.963 MUSD1972.112000000001 MUSD
2025-01-310 MUSD0 MUSD0 MUSD
2025-02-280 MUSD0 MUSD0 MUSD
2025-03-310 MUSD0 MUSD0 MUSD
2025-04-300 MUSD0 MUSD0 MUSD
2025-05-310 MUSD0 MUSD0 MUSD
2025-06-300 MUSD0 MUSD0 MUSD
2025-07-310 MUSD0 MUSD0 MUSD
2025-08-310 MUSD0 MUSD0 MUSD
2025-09-300 MUSD0 MUSD0 MUSD
2025-10-310 MUSD0 MUSD0 MUSD
2025-11-300 MUSD0 MUSD0 MUSD
2025-12-3115774.741 MUSD12903.069 MUSD2871.6720000000005 MUSD
2026-01-310 MUSD0 MUSD0 MUSD
2026-02-280 MUSD0 MUSD0 MUSD
2026-03-310 MUSD0 MUSD0 MUSD
2026-04-300 MUSD0 MUSD0 MUSD
2026-05-310 MUSD0 MUSD0 MUSD
2026-06-305513.208 MUSD4452.119 MUSD1061.089 MUSD

Balance Sheet

Assets Distribution
Visual representation of Nu Holdings Ltd. (Nubank) Financial Statements FY2021-FY2026 assets composition
Breakdown
AccountAmountShare of absolute total
Assets:Current:CreditCardReceivables25961.122 MUSD27.06%
Assets:Current:ShortTermInvestments19181.364 MUSD20%
Assets:Current:Cash13551.611 MUSD14.13%
Assets:NonCurrent:Loans13437.254 MUSD14.01%
Assets:Current:CentralBankDeposits9149.128 MUSD9.54%
Assets:Current:CreditCardAllowance-4466.716 MUSD4.66%
Assets:NonCurrent:Other3742.095 MUSD3.9%
Assets:Current:Other2205.7 MUSD2.3%
Assets:NonCurrent:LoanAllowance-2119.832 MUSD2.21%
Other2111.688 MUSD2.2%
Liabilities Distribution
Visual representation of Nu Holdings Ltd. (Nubank) Financial Statements FY2021-FY2026 liabilities composition
Breakdown
AccountAmountShare of total
Liabilities:NonCurrent:LongTermDebt4682.252 MUSD6.74%
Liabilities:Current:ShortTermDebt1058.343 MUSD1.52%
Liabilities:Current:PayablesToNetwork15541.657 MUSD22.36%
Liabilities:Current:Other2740.424 MUSD3.94%
Liabilities:Current:Deposits45328.419 MUSD65.22%
Other150.598 MUSD0.22%

Cash Flow

Cash Flow
Money flow from income sources to expenses and investments

Loading account roles…

README.md

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

PeriodPeriod endRevenueNet income
FY20212021-12-311,698.023-165.334
FY20222022-12-314,792.231-364.634
FY20232023-12-318,028.9761,030.53
FY20242024-12-3111,517.0751,972.112
FY20252025-12-3115,774.7412,871.672
FY2026Q22026-06-305,513.2081,061.089

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

PeriodFileSource
FY2021FY2021/FY2021.beanFY2022 20-F, audited FY2021 comparatives
FY2022FY2022/FY2022.beanFY2024 20-F, FY2022 income-statement comparative, Note 1(d)
FY2023FY2023/FY2023.beanFY2025 20-F, FY2023 income-statement comparative
FY2024FY2024/FY2024.beanFY2025 20-F, FY2024 comparatives
FY2025FY2025/FY2025.beanFY2025 20-F
FY2026Q2FY2026/FY2026Q2.bean6-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

bash
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 / balance directives 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), Expenses positive (debit), with the arithmetic check in
    a comment directly above it.
  • Unit — MUSD; 5,513.208 MUSD means 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's open line in main.bean).

Analysis

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.