PAGS

MKT CAP:$3B

PagSeguro Digital Ltd.

Market Cap

$3B

Technology·Software - Infrastructure·🇧🇷 Brazil·NYSE

Technology·Software Infra·🇧🇷·NYSE

Stock Price

$11.26+$1.59 (+16.44%)

Apr 17, 2026

Company Details

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The c...

CEO

Carlos Mauad

IPO Date

Jan 24, 2018

Website

pagseguro.uol.com.br

Key Metrics TTM

Revenue

$2.5B

— YoY

Net Income

$325M

EPS (Diluted)

$1.07

Free Cash Flow

-$635M

Revenue / Share

$8.69

Gross Margin

49.8%

Operating Margin

35.8%

Net Margin

12.9%

FCF Margin

-25.2%

P/S

1.2x

P/E

9.3x

Earnings Reports

Q1 2026

May 13, 2026

PENDING

FY 2025

Dec 30, 2025

$3.9BEPS $1.40

Q4 2025

Mar 4, 2026

$1.1B+6.0%EPS $0.35

Q4 2024

Apr 28, 2025

$1.0BEPS $0.38

Q1 2020

May 28, 2020

$308MEPS $0.22

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 16	$59M	$23M	$15M
Q3 17	$138M	$68M	$48M
Q1 20	$308M	$153M	$98M
Q4 24	$1.0B	$487M	$341M
Q4 25	$1.1B	$549M	$417M

Valuation

Quarter	P/S	P/E
Q3 16	—	—
Q3 17	—	—
Q1 20	—	—
Q4 24	2.0x	13.1x
Q4 25	1.2x	9.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 17	$22M	$17M
Q1 20	$212M	$165M
Q4 24	-$121M	-$165M
Q4 25	-$604M	-$652M

Capital Expenditures

Quarter	CapEx
Q3 17	$5M
Q1 20	$47M
Q4 24	$43M
Q4 25	$48M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 25	+1703.1%	+1372.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 17	$0	0.0%
Q1 20	$5M	1.7%
Q4 24	$9M	0.9%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q3 16	$4M	$4M	—
Q3 17	$8M	$12M	—
Q1 20	$17M	$38M	—
Q4 24	$52M	$94M	—
Q4 25	—	—	$131M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 16	—	27.6%	—
Q3 17	—	36.2%	—
Q1 20	—	35.5%	—
Q4 24	—	42.2%	—
Q4 25	1703.1%	47.8%	1750.9

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$63M	$48M	$111M
Q2 22	$46M	$40M	$86M
Q3 22	$52M	$40M	$92M
Q4 22	$70M	$42M	$112M
Q1 23	$72M	$42M	$114M
Q2 23	$72M	$47M	$119M
Q3 23	$79M	$43M	$123M
Q4 23	$120M	$137M	$257M
Q1 24	$176M	$177M	$353M
Q2 24	$50M	$176M	$226M
Q3 24	$145M	$975M	$1.1B
Q4 24	$187M	$98M	$285M
Q1 25	$192M	$133M	$325M
Q2 25	$227M	$90M	$318M
Q3 25	$288M	$92M	$380M
Q4 25	$374M	$979M	$1.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 16	315M	—	—
Q3 17	315M	0.0%	—
Q1 20	330M	+4.7%	—
Q4 24	314M	-4.9%	—
Q4 25	290M	-7.5%	-7.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 16	—	—
Q3 17	—	—
Q1 20	$119.5K	3K
Q4 24	$117.3K	9K
Q4 25	$124.3K	9K

Revenue / Employee