Quarterly ResultMay 14, 2026, 04:18 PM
StoneCo Q1 Net Income from Continuing Ops R$1.78B, up 248%
AI Summary
StoneCo Ltd. reported a significant increase in net income from continuing operations for the first quarter of 2026, reaching R$1.78 billion, a 248% rise year-over-year. Total revenue from continuing operations grew by 6.46% to R$3.58 billion. The company also saw a substantial increase in basic earnings per share from continuing operations to R$7.17. Additionally, StoneCo incorporated new wholly-owned subsidiaries in Switzerland, Luxembourg, and the United States during the quarter, and undertook significant share repurchases and cancellations.
Key Highlights
- Net income from continuing operations rose 248% to R$1.78 billion.
- Total revenue from continuing operations increased 6.46% to R$3.58 billion.
- Basic EPS from continuing operations surged 291.8% to R$7.17.
- Net cash provided by operating activities grew 435.5% to R$3.34 billion.
- Reported a net loss of R$68.94 million from discontinued operations.
- Repurchased R$531.84 million of own shares during the quarter.
- Cancelled R$4.28 billion in shares, reducing outstanding shares.
- Incorporated new subsidiaries in Switzerland, Luxembourg, and the US.