Nu Holdings Details Managerial P&L Framework with Independent Assurance

summarizeSummary

Nu Holdings released its Q1 2026 Managerial P&L Reconciliation Report, including an independent assurance report on its compilation process, offering detailed insights into its internal financial metrics.

check_boxKey Events

• Managerial P&L Report

  Detailed Q1 2026 managerial financial results were presented, including net income of $871.4 million, which was previously reported to have missed analyst estimates.

• Reconciliation to IFRS

  The report provides a reconciliation bridge from IFRS consolidated statement of income to the managerial P&L, explaining operational reclassifications and tax-equivalency adjustments.

• Independent Assurance

  KPMG provided a limited assurance report on the process for compiling and presenting the supplementary consolidated financial information included in the Managerial P&L Reconciliation Report.

• Enhanced Transparency

  This filing clarifies the company's internal financial reporting methodology and economic drivers, providing a deeper understanding of performance beyond statutory IFRS.

auto_awesomeAnalysis

This 6-K provides a comprehensive Managerial P&L Reconciliation Report for Q1 2026, detailing the company's internal performance metrics and their reconciliation to IFRS financial statements. The report includes an independent limited assurance from KPMG on the process of compiling this supplementary financial information. This enhances transparency for investors and analysts by clarifying how the company tracks and presents its operational performance, distinct from statutory IFRS reporting.