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  <title>Nu Holdings Stock Slammed After Q1 Results: Here&#039;s Why</title>
  <link>https://www.benzinga.com/markets/earnings/26/05/52585119/nu-holdings-stock-slammed-after-q1-results-heres-why?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;strong&gt;Nu Holdings&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;NU&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/NU&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/NU&quot;&gt;NU&lt;/a&gt;)&lt;/a&gt; reported first-quarter financial results Thursday &lt;a href=&quot;https://www.benzinga.com/earnings&quot;&gt;after market close.&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Here are the key highlights.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;       •&amp;nbsp;Nu Holdings stock is testing key support levels. &lt;a href=&quot;https://www.benzinga.com/quote/NU&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;Why is NU stock at lows?&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Nu Holdings Q1 Financials&lt;/strong&gt;&lt;/h2&gt;
&lt;p&gt;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 &lt;a href=&quot;https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent051426&amp;amp;t=be2bearmibe3na1&quot;&gt;from Benzinga Pro.&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;This marked the first time Nu Holdings had quarterly revenue of $5 billion or more.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;Nu ended the first quarter with more than 135 million customers globally, adding around four million customers ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/markets/earnings/26/05/52585119/nu-holdings-stock-slammed-after-q1-results-heres-why?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Nu Holdings Stock Slammed After Q1 Results: Here&amp;#039;s Why&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 14 May 2026 21:39:28 +0000</pubDate>
 <dc:creator>Chris Katje</dc:creator>
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