PagSeguro Digital Ltd. (PAGS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.69B | 5.3B | 4.92B | 4.89B | 4.71B | 5B | 4.7B | 4.43B | 4.2B | 4.27B | 3.96B | 3.76B | 3.69B | 3.92B | 3.99B | 3.87B | 3.39B | 3.19B | 2.73B | 2.33B |
| Revenue Growth % | -0.4% | 6.04% | 4.49% | 10.53% | 12.14% | 17.06% | 18.79% | 17.66% | 14.01% | 9.06% | -0.72% | -2.71% | 8.86% | 22.74% | 46.13% | 65.58% | 65.79% | 53.16% | 55.4% | 77.45% |
| Cost of Goods Sold | 2.29B | 2.58B | 2.4B | 2.41B | 2.36B | 2.59B | 2.46B | 2.33B | 2.17B | 2.24B | 2.03B | 1.93B | 1.93B | 1.97B | 1.86B | 1.9B | 1.74B | 1.83B | 1.5B | 1.3B |
| COGS % of Revenue | 48.76% | 48.67% | 48.73% | 49.29% | 50.1% | 51.67% | 52.19% | 52.7% | 51.67% | 52.51% | 51.34% | 51.21% | 52.35% | 50.25% | 46.68% | 49.16% | 51.38% | 57.41% | 55.02% | 55.47% |
| Gross Profit | 2.4B | 2.72B | 2.52B | 2.48B | 2.35B | 2.42B | 2.25B | 2.09B | 2.03B | 2.03B | 1.93B | 1.83B | 1.76B | 1.95B | 2.13B | 1.97B | 1.65B | 1.36B | 1.23B | 1.04B |
| Gross Margin % | 51.24% | 51.33% | 51.27% | 50.71% | 49.9% | 48.33% | 47.81% | 47.3% | 48.33% | 47.49% | 48.66% | 48.79% | 47.65% | 49.75% | 53.32% | 50.84% | 48.62% | 42.59% | 44.98% | 44.53% |
| Gross Profit Growth % | 2.27% | 12.62% | 12.04% | 18.5% | 15.78% | 19.11% | 16.71% | 14.06% | 15.65% | 4.1% | -9.4% | -6.64% | 6.68% | 43.37% | 73.24% | 89.04% | 83.73% | 46% | 75.54% | 99.02% |
| Operating Expenses | 652.58M | 652.2M | 633.76M | 679.03M | 666.05M | 724.77M | 755.48M | 683.55M | 668.04M | 563.84M | 584.57M | 524.83M | 489.26M | 549.55M | 716.18M | 703.04M | 645.98M | 613.69M | 640.92M | 589.67M |
| OpEx % of Revenue | 13.91% | 12.29% | 12.89% | 13.88% | 14.14% | 14.49% | 16.06% | 15.45% | 15.9% | 13.19% | 14.76% | 13.95% | 13.28% | 14.02% | 17.95% | 18.19% | 19.08% | 19.22% | 23.48% | 25.26% |
| Selling, General & Admin | 652.58M | 652.2M | 633.76M | 679.03M | 666.05M | 724.77M | 755.48M | 683.55M | 668.04M | 563.84M | 584.57M | 524.83M | 489.26M | 549.55M | 716.18M | 703.04M | 645.98M | 613.69M | 640.92M | 589.67M |
| SG&A % of Revenue | 13.91% | 12.29% | 12.89% | 13.88% | 14.14% | 14.49% | 16.06% | 15.45% | 15.9% | 13.19% | 14.76% | 13.95% | 13.28% | 14.02% | 17.95% | 18.19% | 19.08% | 19.22% | 23.48% | 25.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.75B | 2.07B | 1.89B | 1.8B | 1.68B | 1.69B | 1.49B | 1.41B | 1.36B | 1.47B | 1.34B | 1.31B | 1.27B | 1.4B | 1.41B | 1.26B | 1B | 746.17M | 586.96M | 450.05M |
| Operating Margin % | 37.33% | 39.03% | 38.37% | 36.83% | 35.77% | 33.84% | 31.75% | 31.85% | 32.43% | 34.3% | 33.9% | 34.83% | 34.37% | 35.73% | 35.37% | 32.66% | 29.54% | 23.37% | 21.5% | 19.28% |
| Operating Income Growth % | 3.97% | 22.31% | 26.28% | 27.8% | 23.66% | 15.49% | 11.26% | 7.58% | 7.57% | 4.69% | -4.84% | 3.77% | 26.66% | 87.63% | 140.38% | 180.51% | 195.26% | 79.91% | 67.34% | 41.99% |
| EBITDA | 2.21B | 2.54B | 2.34B | 2.25B | 2.12B | 2.11B | 1.9B | 1.8B | 1.73B | 1.83B | 1.69B | 1.64B | 1.58B | 1.69B | 1.71B | 1.54B | 1.25B | 957.33M | 790.26M | 631.58M |
| EBITDA Margin % | 46.99% | 47.81% | 47.69% | 46.06% | 45.08% | 42.24% | 40.43% | 40.69% | 41.17% | 42.76% | 42.65% | 43.49% | 42.98% | 43.12% | 42.75% | 39.91% | 36.9% | 29.99% | 28.95% | 27.05% |
| EBITDA Growth % | 3.82% | 20.02% | 23.24% | 25.13% | 22.81% | 15.64% | 12.61% | 10.08% | 9.18% | 8.14% | -0.95% | 6% | 26.82% | 76.51% | 115.8% | 144.31% | 151.32% | 78.62% | 74.73% | 58.54% |
| D&A (Non-Cash Add-back) | 453.23M | 465.73M | 457.91M | 451.85M | 439.01M | 420.42M | 408.4M | 391.17M | 366.89M | 361.56M | 346.48M | 325.57M | 317.43M | 289.71M | 294.42M | 280.57M | 249.02M | 211.16M | 203.3M | 181.52M |
| EBIT | 1.75B | 2.07B | 2.03B | 1.64B | 1.76B | 1.69B | 1.49B | 1.34B | 1.36B | 1.47B | 1.34B | 1.31B | 1.27B | 1.4B | 1.41B | 1.26B | 1B | 746.17M | 586.96M | 450.05M |
| Net Interest Income | -1.32B | -1.4B | -1.21B | -858.09M | -1.04B | -979.45M | 1.61B | -632.38M | -722.05M | -767.94M | -754.35M | -160.71M | -156.58M | -162.62M | -175.51M | -153.34M | -118.75M | -72.07M | -40.12M | -25.29M |
| Interest Income | 0 | 0 | 189.56M | 167.24M | 138.94M | 112.35M | 2.44B | 131.66M | 105.08M | 73.08M | 65.58M | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.32B | 1.4B | 1.39B | 1.03B | 1.18B | 1.09B | 837.5M | 764.03M | 827.13M | 841.02M | 819.94M | 160.71M | 156.58M | 162.62M | 175.51M | 153.34M | 118.75M | 72.07M | 40.12M | 25.29M |
| Other Income/Expense | -1.14B | -1.34B | -1.25B | -1.18B | -1.11B | -1.06B | -900.26M | -831.61M | -790.23M | -882.05M | -830.61M | -824.82M | -830.62M | -925.24M | -985.65M | -819.74M | -583.55M | -377.85M | -165.78M | -111.87M |
| Pretax Income | 609.2M | 727.74M | 636.43M | 616.25M | 579.91M | 636.29M | 593.54M | 577.73M | 572.37M | 583.74M | 512.06M | 485.26M | 436.04M | 474.83M | 425.3M | 442.71M | 416.47M | 368.32M | 421.18M | 338.18M |
| Pretax Margin % | 12.98% | 13.72% | 12.95% | 12.6% | 12.31% | 12.72% | 12.62% | 13.06% | 13.62% | 13.66% | 12.93% | 12.9% | 11.83% | 12.12% | 10.66% | 11.45% | 12.3% | 11.54% | 15.43% | 14.48% |
| Income Tax | 73.89M | 218.08M | 81.95M | 79.49M | 54.82M | 37.27M | 62.39M | 74.08M | 89.82M | 95.72M | 101.34M | 100.17M | 66.19M | 67.19M | 45.01M | 75.79M | 66.55M | 67.05M | 99.64M | 66.03M |
| Effective Tax Rate % | 12.13% | 29.97% | 12.88% | 12.9% | 9.45% | 5.86% | 10.51% | 12.82% | 15.69% | 16.4% | 19.79% | 20.64% | 15.18% | 14.15% | 10.58% | 17.12% | 15.98% | 18.2% | 23.66% | 19.53% |
| Net Income | 535.32M | 509.66M | 554.49M | 536.76M | 525.09M | 599.02M | 531.15M | 503.64M | 482.55M | 488.02M | 410.73M | 385.1M | 369.84M | 407.64M | 380.29M | 366.92M | 349.92M | 301.4M | 321.39M | 272.05M |
| Net Margin % | 11.41% | 9.61% | 11.28% | 10.97% | 11.15% | 11.97% | 11.29% | 11.38% | 11.49% | 11.42% | 10.37% | 10.24% | 10.04% | 10.4% | 9.53% | 9.49% | 10.34% | 9.44% | 11.77% | 11.65% |
| Net Income Growth % | 1.95% | -14.92% | 4.39% | 6.57% | 8.82% | 22.75% | 29.32% | 30.78% | 30.47% | 19.72% | 8% | 4.95% | 5.69% | 35.25% | 18.32% | 34.88% | 29% | -19.74% | 22.06% | -8.13% |
| Net Income (Continuing) | 535.32M | 509.66M | 554.49M | 536.76M | 525.09M | 599.02M | 531.15M | 503.64M | 482.55M | 488.02M | 410.73M | 385.1M | 369.84M | 407.64M | 380.29M | 366.92M | 349.92M | 301.27M | 321.55M | 272.14M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.28M | 2.45M |
| EPS (Diluted) | 1.91 | 1.75 | 1.88 | 1.79 | 1.72 | 1.91 | 1.66 | 1.57 | 1.50 | 1.53 | 1.27 | 1.18 | 1.13 | 1.24 | 1.16 | 1.10 | 1.05 | 0.91 | 0.97 | 0.82 |
| EPS Growth % | 11.05% | -8.38% | 13.25% | 14.01% | 14.67% | 24.84% | 30.71% | 33.05% | 32.74% | 23.39% | 9.48% | 7.27% | 7.62% | 36.26% | 19.59% | 34.15% | 28.05% | -20.18% | 21.25% | -8.89% |
| EPS (Basic) | 1.91 | 1.75 | 1.90 | 1.80 | 1.73 | 1.93 | 1.67 | 1.56 | 1.52 | 1.54 | 1.28 | 1.19 | 1.14 | 1.25 | 1.16 | 1.11 | 1.06 | 0.91 | 0.97 | 0.82 |
| Diluted Shares Outstanding | 282.87M | 290.22M | 294.91M | 300.69M | 305.57M | 313.9M | 320.67M | 321.72M | 321.19M | 320.1M | 323.77M | 325.48M | 327.52M | 328.22M | 328.9M | 333.21M | 333.14M | 332.17M | 332.41M | 330.4M |
| Basic Shares Outstanding | 279.14M | 287.38M | 291.87M | 297.69M | 303.58M | 313.9M | 320.67M | 322.25M | 316.94M | 318.16M | 321.85M | 323.52M | 324.7M | 326.1M | 326.72M | 331.8M | 331.08M | 330.31M | 330.4M | 330.09M |
| Dividend Payout Ratio | 31.53% | 37.87% | 35.2% | 43.97% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |