Nu Holdings 2025 Q3 Earnings Record Net Income Surges 41.4%

Nu Holdings (NU) reported its fiscal 2025 Q3 earnings on Nov 14, 2025, delivering results that significantly outperformed expectations. The fintech firm’s revenue and net income surged, reflecting robust growth in core markets and strategic execution.

Revenue

Nu Holdings’ total revenue skyrocketed 41.8% to $4.17 billion in 2025 Q3, compared to $2.94 billion in the same period the prior year. Interest income and gains (losses) on financial instruments accounted for the lion’s share at $3.58 billion, while fee and commission income contributed $595.24 million. The diversified revenue streams underscore the company’s expanding footprint in digital banking and financial services.

Earnings/Net Income

Earnings per share (EPS) rose 40.2% to $0.16 in 2025 Q3, up from $0.12 in 2024 Q3. Net income surged 41.4% to $782.68 million, marking a record high for a Q3 and the highest in six years. The performance highlights Nu Holdings’ ability to scale profitability amid rapid growth.

Post-Earnings Price Action Review

The strategy of buying Nu Holdings (NU) after it beats revenue expectations and holding for 30 days has shown favorable performance. Recent results triggered a 3% pre-market rally on Nov 14, 2025, while analysts raised price targets, including KeyBanc’s increase to $19.00. Whale Rock Capital’s reduced but retained stake signals institutional confidence. Nu’s focus on AI-driven expansion in Mexico and Brazil positions it for sustained market share gains.

CEO Commentary

CEO David Vélez-Osomo highlighted 127 million customers, 4 million net additions, and 82%+ activity rates, with Brazil and Mexico driving growth. ARPU expanded to $13, and a 28% cost-to-income ratio underscores disciplined monetization. Strategic priorities include AI integration for operational efficiency and a U.S. national bank charter filing, emphasizing long-term profitability.

Guidance

The CEO emphasized scaling revenue and optimizing risk-adjusted returns but did not provide specific quantitative targets. Qualitative guidance includes AI-led innovation, customer-centric strategies, and leveraging the U.S. market post-charter approval.

Additional News

1. U.S. Bank Charter Application: Nu Holdings applied for a U.S. national bank charter, signaling expansion ambitions beyond Latin America.

2. Executive Stock Sale: Officer Olivier Vitor Guarino filed to sell 709,565 shares, indicating potential liquidity needs or confidence in valuation.

3. Analyst Upgrades: KeyBanc and Susquehanna raised price targets to $19, reflecting optimism over Nu’s AI-driven growth and market leadership.