Offers financial products and services to consumers and businesses.
Dec 2024Revenue $11.5B/yrExpenses $8.72B/yr
Reached break-even Mar 2023
Figures by year
When did Nu Holdings become profitable?
Its revenue passed its expenses in Mar 2023. In the 12 months to Dec 2024, revenue was $11.5B and expenses $8.72B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2024 | $11.5B | $8.72B | $2.80B |
| Dec 2023 | $8.03B | $6.49B | $1.54B |
| Dec 2022 | $4.79B | $5.10B | −$309M |
| Dec 2021 | $1.70B | $1.87B | −$170M |
| Dec 2020 | $737M | $930M | −$193M |
| Dec 2019 | $612M | $741M | −$129M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.