PagSeguro Digital Ltd. (PAGS) Revenue History
Annual and quarterly revenue from 2014 to present
PAGS Revenue Over Time (2014–2025)
PAGS Revenue Growth History
11 of 11 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- +104.9%
- FY2016 revenue growth
- +70.6%
- FY2017 revenue growth
- +122.0%
- FY2018 revenue growth
- +61.3%
- FY2019 revenue growth
- +37.6%
- FY2020 revenue growth
- +19.8%
- FY2021 revenue growth
- +54.0%
- FY2022 revenue growth
- +47.2%
- FY2023 revenue growth
- +3.4%
- FY2024 revenue growth
- +16.9%
- FY2025 revenue growth
- +5.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $4.69B | -0.4% |
| Q4 2025 | $5.30B | +6.0% |
| Q3 2025 | $4.92B | +4.5% |
| Q2 2025 | $4.89B | +10.5% |
| Q1 2025 | $4.71B | +12.1% |
| Q4 2024 | $5.00B | +17.1% |
| Q3 2024 | $4.70B | +18.8% |
| Q2 2024 | $4.43B | +17.7% |
Multi-year avg. share of annual revenue by fiscal quarter
PAGS Revenue Analysis (2014–2025)
Current Revenue & Growth
As of June 21, 2026, PagSeguro Digital Ltd. (PAGS) generated trailing twelve-month (TTM) revenue of $19.80 billion, reflecting slight decline in growth of -0.4% year-over-year. The most recent quarter (Q1 2026) recorded $4.69 billion in revenue, down 11.5% sequentially.
Historical Growth Trajectory
PAGS's 5-year compound annual growth rate (CAGR) stands at +23.7%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +8.5% is below the 5-year average, signalling a growth deceleration in recent years. PagSeguro Digital Ltd.'s highest annual revenue of $19.36 billion was recorded in 2025, an all-time high.
Peer Comparison
Compared to Technology sector peers — including STNE (-12.4% YoY), MELI (+42.1% YoY), and TOST (+23.4% YoY) — PAGS has underperformed the peer group in revenue growth. Compare PAGS vs STNE →
PAGS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PAGSCurrent | $19.8B | -0.4% | +23.7% | 37.5% | |
 STNE | $14.2B | -12.4% | +34.9% | 51.4% | |
 MELI | $28.9B | +42.1% | +48.7% | 11.1% | |
 TOST | $6.2B | +23.4% | +49.5% | 5.0% | |
 GPN | $7.7B | -0.7% | +0.7% | 19.1% | |
 FOUR | $4.2B | +28.3% | +40.4% | 8.4% |
PAGS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $19.36B | +5.6% | $9.79B | 50.6% | $7.27B | 37.5% |
| 2024 | $18.33B | +16.9% | $8.79B | 47.9% | $5.96B | 32.5% |
| 2023 | $15.68B | +3.4% | $7.55B | 48.1% | $5.39B | 34.3% |
| 2022 | $15.16B | +47.2% | $7.69B | 50.7% | $5.07B | 33.5% |
| 2021 | $10.30B | +54.0% | $4.52B | 43.9% | $2.12B | 20.6% |
| 2020 | $6.69B | +19.8% | $2.91B | 43.6% | $1.73B | 25.9% |
| 2019 | $5.58B | +37.6% | $2.82B | 50.5% | $1.83B | 32.7% |
| 2018 | $4.06B | +61.3% | $1.91B | 47.1% | $978.4M | 24.1% |
| 2017 | $2.51B | +122.0% | $1.19B | 47.3% | $791.5M | 31.5% |
| 2016 | $1.13B | +70.6% | $509.4M | 45.0% | $225.0M | 19.9% |
| 2015 | $664.2M | +104.9% | $281.7M | 42.4% | $57.9M | 8.7% |
| 2014 | $324.1M | - | $181.6M | 56.0% | $48.8M | 15.1% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PAGS — Frequently Asked Questions
Quick answers to the most common questions about buying PAGS stock.
Is PAGS's revenue growth accelerating or slowing?
PAGS revenue growth is slowing. TTM revenue is $19.8B, up -0.4% year-over-year — below the 5-year CAGR of +23.7%. The deceleration suggests maturing end-markets or increased competition.
What is PAGS's revenue history from 2014 to 2026?
PagSeguro Digital Ltd. (PAGS) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $19.8B, growing at -0.4% YoY. The 5-year CAGR is +23.7%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PAGS's long-term revenue growth rate (CAGR)?
PagSeguro Digital Ltd.'s 5-year revenue CAGR of +23.7% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -0.4% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PAGS.
Why does PAGS's quarterly revenue fluctuate?
PAGS quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. PagSeguro Digital Ltd.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is PAGS's revenue distributed by segment?
PAGS reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PAGS's revenue compare to industry peers?
PagSeguro Digital Ltd. (PAGS) with TTM revenue of $19.8B and -0.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.