📈 Price History

Ratio Health

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By Category

📊 Sector Averages

About

StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

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📊 Quick Scorecard

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⭐ Superinvestors Holding STNE

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Manager	Shares	Value	% of Fund	Period
Steve Cohen Point72 Asset Management	5.23M	$73.9M	0.09%	Mar 2026
Jim Simons Renaissance Technologies LLC	24.2K	$342K	0.00%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Cautious ~ Volatile 4 quarters analysed

Q2 2025

Confident Specific

Management repeatedly used positive language like 'very pleased', 'solid results', 'strong confidence', and 'significant strategic step'. They provided specific figures for growth rates (e.g., adjusted net income up 27%, EPS up 45%) and updated guidance upward.

Q3 2025

Confident Vague

Management expresses confidence in execution and capital allocation ('solid progress', 'on track') but avoids quantifying future growth or spread sustainability, attributing deceleration to macro factors without specific numeric guidance.

Q4 2025

Confident Specific

Management uses specific guidance ranges (2026 adjusted gross profit BRL 6.6-7.0B, EPS BRL 10.8-11.4; 2027 gross profit BRL 7.2-8.3B) and gives detailed reasons for TPV deceleration (macro, mix, churn). They also provide specific capital return amounts (BRL 2B ordinary, BRL 3B from Linx) and operational metrics (deposits 27% YoY growth, credit portfolio BRL 2.8B). Language like 'our priorities are clear' and 'we have a plan in place to address that point' conveys confidence in their strategy.

Q1 2026 latest

Cautious

The CEO described the quarter as 'broadly consistent with the softer first half dynamics we had anticipated' but acknowledged NPLs 'came in above our expectations.' He noted 'it is still too early to call a definitive trend' while calling initial data 'encouraging.' The CFO referred to the credit backdrop as 'a challenging environment' and said they are 'closer to the bottom of the guidance.'

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis appears weaker in the short term due to unexpected credit deterioration and elevated churn, but management's corrective actions and strong capital returns provide some support. The key to watch next quarter is whether TPV growth acceleration materializes as promised and whether credit cost of risk indeed declines to mid-to-high teens. The high sensitivity to interest rates (BRL 200-250mn per 100bps) remains a headwind given the Selic outlook. Overall, the thesis is unchanged but execution risks have risen, making the second-half recovery critical for confidence.

AI-generated concall tone analysis · Updated 2026-06-09 · Not investment advice

🎙 Management Tone Cautious ~ Volatile 4 quarters Full tone analysis in Intelligence →

📊 MIXED StoneCo Q1 2026: Revenue BRL 3.6B, 4.7M clients, credit portfolio grows 14% QoQ.

Revenue & Profitability

Total revenue was BRL 3.6 billion, up 6% year-over-year. Adjusted gross profit was BRL 1.5 billion, broadly stable year-over-year. Adjusted net income grew 3% to BRL 549 million, while adjusted basic EPS increased 15% to BRL 2.19 per share, driven by share buybacks.

Outlook

Management noted a macro environment that continues to weigh on smaller merchants, with higher interest rates expected to stay longer (Selic now closer to 14% versus earlier expectation of 12.5%). Delinquency trends have affected the entire banking industry, but StoneCo's concentration in SMEs makes the impact more pronounced. The company expects cost of risk to normalize to mid-to-high teens over time and TPV growth to re-accelerate in the second half of 2026.

Growth Drivers

Key growth levers include expanding the credit portfolio (up 14% sequentially) through new products like secured working capital, overdrafts, and credit cards. Retail deposits grew 26% year-over-year on a daily average basis, providing lower-cost funding. In payments, the focus is on reducing churn and simplifying bundles to re-accelerate TPV growth, with April TPV showing improvement.

Balance Sheet & CapEx

Not discussed in this earnings call. The call mentioned severance costs and technology projects moving into production, but no specific CapEx numbers or capacity plans were provided.

Margins

Adjusted gross profit margin contracted to 41.6% from 44.4% a year ago, primarily due to higher credit provisions. Excluding provisions, cost of services rose 60 basis points. Admin and selling expenses decreased modestly. Management expects operating leverage to resume as provisions normalize and growth picks up in the second half.

Key Risks

Risks flagged include: macro headwinds for smaller merchants leading to elevated churn and higher NPLs; credit models underperforming, particularly on the automated desk; interest rate sensitivity (each 100 bps Selic change impacts pre-tax earnings by BRL 200-250 million); and continued weakness in TPV growth if retention initiatives take longer to yield results.

Generated by AI · Q1 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

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📞 Earnings Call Transcripts (5)

Q1 2026 Q1 2026 2026-05-14

Revenue grew 6% year-over-year, with stable gross profit and strong capital returns, despite higher credit provisions and macro headwinds. Guidance remains unchanged, with growth expected to accelerate in the second half as churn and credit quality improve.

Q4 2025 Q4 2025 2026-03-02

Leadership transitioned with a sharpened focus on payments, banking, and credit, driving 34% EPS growth and 26% ROE in Q4 2025. Guidance for 2026–2027 targets continued earnings expansion, disciplined capital returns, and scaling credit, amid a challenging macro and evolving competitive landscape.

Q3 2025 Q3 2025 2025-11-06

Adjusted gross profit and EPS saw strong double-digit growth year-to-date, with robust capital returns and expanding ROE. Credit and banking segments are growing rapidly, while macro headwinds and industry deceleration are impacting TPV. Spreads and funding costs remain healthy but sensitive to interest rates.

Q2 2025 Q2 2025 2025-08-07

Divestiture of software assets sharpened focus on financial services, unlocking over R$4B in value. Adjusted net income rose 27% and EPS 45% year-over-year, with strong banking and credit growth. Guidance for 2025 gross profit and EPS was raised, and excess capital is being returned to shareholders.

Q1 2025 Q1 2025 2025-05-08

Q1 2025 saw 19% revenue and gross profit growth year-over-year, with adjusted EPS up 36%. Share buybacks totaled BRL 843 million, and a new BRL 2 billion program was announced. Profitability focus continues, with repricing and cash sweep strategies supporting margins and capital efficiency.

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