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May 14, 2026 8:01 PM

Nu Holdings Stock Slammed After Q1 Results: Here's Why

Nu Holdings (NYSE:NU) reported first-quarter financial results Thursday after market close.

Here are the key highlights.

• Nu Holdings stock is testing key support levels. Why is NU stock at lows?

Nu Holdings Q1 Financials

Nu Holdings reported first-quarter revenue of $5.32 billion, up 42% year-over-year. The revenue total beat a Street consensus estimate of $5.04 billion, according to data from Benzinga Pro.

This marked the first time Nu Holdings had quarterly revenue of $5 billion or more.

Net interest income hit a record $3.25 billion in the quarter, up 12% from the fourth quarter. Net income was $871 million in the quarter, up 41% year-over-year.

Nu ended the first quarter with more than 135 million customers globally, adding around four million customers ...