NU earnings
Analysis, not adviceNext print
2026-11-12
cons 0.22 EPS / 5.89B rev
What the desk is testing
Explicit conditions that would change the desk's view — graded after the call.
Bull condition triggered: Gross margin recovers to ≥44% alongside EPS at or above $0.20 consensus — this confirms the Q1 compression was transient, validates the operating-leverage ramp, and clears th
Bull condition triggered: Mexico and/or Colombia discloses a step-function in active customer count or product penetration with quantified ARPAC data — confirming the geographic optionality is convert
＋3 more criteria on the deskfree trial · no cardFrom the desk's pre-read
NU Holdings (NU) is scheduled to report Q2 2026 earnings on 2026-08-13; FMP consensus stands at EPS $0.20 · Revenue $5.39B (quarterly).
＋1 more — the full pre-read is on the deskfree trial · no cardThe desk's graded verdict
intactgraded 2026-08-14
PASSRevenue growth ≥40% YoY threshold
“Nu's Q2'26 gross revenue reached nearly $5.9 billion, up 39% YoY”
PASSARPAC sequential expansion
“ARPAC reached approximately $17 in Q2'26, growing sequentially quarter-over-quarter (QoQ) once again”
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.