Nu Holdings (NU) financial statements
Nu Holdings reported revenue of $11.5B in fiscal 2024, up 79.8% a year over 5 years.
Net income was $2.0B.
The diluted share count rose 1596490% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Nu Holdings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $612M | $737M | $1.7B | $4.8B | $8.0B | $11.5B |
| Gross profit | $248M | $327M | $733M | $1.7B | $3.5B | $5.3B |
| Selling, general and admin | -$161M | -$250M | -$557M | -$1.2B | — | — |
| Interest expense | -$110M | $114M | $367M | $1.5B | $2.0B | $2.8B |
| Pre-tax income | -$129M | -$193M | -$170M | -$309M | $1.5B | $2.8B |
| Income tax | $37M | $22M | -$5M | $56M | $509M | $823M |
| Net income | -$93M | -$171M | -$165M | -$365M | $1.0B | $2.0B |
| EPS (diluted) | $1,137,931.00 | $1,315,578.00 | -$0.10 | -$0.08 | $0.21 | $0.40 |
| Diluted shares | 0M | 0M | 1.60B | 4.68B | 4.86B | 4.89B |
| Gross margin | 40.5% | 44.3% | 43.2% | 34.7% | 43.5% | 45.6% |
| Net margin | -15.1% | -23.3% | -9.7% | -7.6% | 12.8% | 17.1% |
Balance sheet
Fiscal years, from Nu Holdings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $1.2B | $2.3B | $2.7B | $4.2B | $5.9B | $9.2B |
| Receivables | — | $1.5B | $2.3B | $4.2B | $6.3B | $6.1B |
| Property, plant and equipment | — | $10M | $14M | $27M | $39M | $26M |
| Goodwill | — | $831,000 | $402M | $397M | $398M | $414M |
| Total assets | — | $10.2B | $19.9B | $29.9B | $43.3B | $49.9B |
| Total liabilities | — | $9.7B | $15.4B | $25.0B | $36.9B | $42.3B |
| Shareholders' equity | $612M | $438M | $4.4B | $4.9B | $6.4B | $7.6B |
| Net debt | -$1.1B | -$2.2B | -$2.6B | -$3.6B | -$4.8B | -$7.5B |
Cash flow
Fiscal years, from Nu Holdings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | $276M | $975M | -$2.9B | $756M | $1.3B | $2.4B |
| Stock-based compensation | $19M | $36M | $157M | $253M | $213M | $272M |
| Net borrowing | $17M | -$52M | -$66M | -$11M | — | — |
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What was Nu Holdings's revenue in 2024?
$11.5B in fiscal 2024, from its 10-K filing.
From Nu Holdings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.