Nu Financial Statements
NYSE: NUFinanceFinance: Consumer ServicesUSD
Market open · Delayed 15 min · as of Oct 9, 12:29 PM ET
Nu revenue and earnings
In fiscal 2024, Nu generated $11.52 billion in revenue, up 43.4% from fiscal 2023, its 5th consecutive year of revenue growth. Net income was $1.97 billion (+91.4% year over year), for a net margin of 17.1% versus a median of -9.7% in the prior 5 years. Gross margin was 45.6% (up from 43.5%).
Diluted earnings per share came in at $0.4034, up from $0.2121. Over the last 5 fiscal years, NU's revenue has grown at a 79.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Nu income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 11.52B | 8.03B | 4.79B | 1.70B | 737.13M | 612.11M |
| Revenue growth (YoY) | +43.44% | +67.54% | +182.22% | +130.36% | +20.43% | — |
| Gross Profit | 5.25B | 3.49B | 1.66B | 732.92M | 326.91M | 247.92M |
| Operating Expenses | 2.46B | 1.95B | 1.97B | 903.08M | 418.94M | -377.22M |
| Interest Expense | 2.83B | 2.04B | 1.55B | 367.34M | 113.92M | -109.70M |
| Pretax Income | 2.80B | 1.54B | -308.90M | -170.16M | -193.18M | -129.30M |
| Income Tax | 823.09M | 508.55M | 55.73M | -4.83M | 21.69M | 36.77M |
| Net Income | 1.97B | 1.03B | -364.58M | -164.99M | -171.49M | -92.53M |
| Net Income growth (YoY) | +91.37% | — | — | — | — | — |
| EPS (Basic) | 0.4115 | 0.2175 | -0.078 | -0.103 | -0.1304 | -0.0813 |
| EPS (Diluted) | 0.4034 | 0.2121 | -0.078 | -0.103 | 1,315,578.00 | 1,137,931.00 |
| Shares Outstanding (Basic) | 4.79B | 4.74B | 4.68B | 1.60B | — | — |
| Shares Outstanding (Diluted) | 4.89B | 4.86B | 4.68B | 1.60B | 405.39K | 306.21K |
| Gross Margin | 45.61% | 43.48% | 34.70% | 43.16% | 44.35% | 40.50% |
| Net Margin | 17.12% | 12.84% | -7.61% | -9.72% | -23.26% | -15.12% |
This table shows 6 annual periods of Nu's income statement, from FY 2024 back to FY 2019, across 13 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow NU's reporting calendar. What is a income statement?