NU earnings
Analysis, not adviceThis print
13 Aug 2026graded 14 Aug 2026
cons 0.20 EPS / 5.39B rev
Next scheduled print 12 Nov 2026. Nothing on this page is about that print yet.
What the desk tested
Explicit conditions that would change the desk’s view, graded against the transcript below.
Bull condition triggered: Gross margin recovers to ≥44% this quarter AND Mexico/Colombia deliver a named revenue milestone — this would confirm the Q1 GM dip was transient provisioning noise rather th…
Bull condition triggered: EPS clears $0.20 with operating leverage commentary pointing to further margin expansion in H2 2026 — validating the transition from a 16.5x forward P/E (materially below the…
＋3 more criteria on the desksign up freeFrom the desk's pre-read · 13 Aug 2026
NU Holdings (NU) is scheduled to report Q2 2026 earnings on 2026-08-13; consensus stands at EPS $0.20 · Revenue $5.39B (FMP).
＋1 more — the full pre-read is on the desksign up freeThe desk's graded verdict
intactgraded 14 Aug 2026
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”
This page shows one print. The desk has published work on 1 earlier print of NU.
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.