Saturday 17 October 2026
Export PAGS’s income statement to Excel — free account
PagSeguro Digital Ltd.
PAGS Technology Software Infrastructure
PagSeguro Digital Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 4.82% from fiscal 2024. In the quarter to June 2026, revenue grew 12.6%, EPS grew 21.9%, free cash flow fell 67.1% and total debt fell 51.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
11.00
0.12
−1.08%
Follow PAGS
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | 17.02 | 18.28 | 13.58 | 24.13 | 7.51 | 6.93 | 6.11 | 6.11 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | 39.97 | 53.43 | 57.46 | 62.83 | 28.68 | 13.19 | 14.98 | 11.16 | |||||
| People | |||||||||||||||
| People | Employees | 1,020 | 1,068 | 1,807 | 3,399 | 5,836 | 6,751 | 7,223 | 7,273 | 8,595 | 9,772 | ||||
| Revenue/emp, $m | 0.32 | 0.74 | 0.66 | 0.43 | 0.23 | 0.29 | 0.41 | 0.44 | 0.41 | 0.37 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 326 | 790 | 1,186 | 1,446 | 1,322 | 1,936 | 2,970 | 3,194 | 3,487 | 3,656 | ||||
| Gross margin, % | 45.21 | 47.52 | 50.52 | 51.60 | 44.64 | 44.72 | 51.28 | 49.01 | 49.26 | 52.49 | |||||
| EBT | 45 | 214 | 333 | 485 | 344 | 276 | 341 | 404 | 441 | 457 | |||||
| EBT margin, % | 13.65 | 27.09 | 28.09 | 33.51 | 26.04 | 14.24 | 11.47 | 12.65 | 12.65 | 12.49 | |||||
| Net income | 45 | 214 | 333 | 485 | 344 | 276 | 341 | 404 | 441 | 457 | |||||
| Depreciation | 9 | 16 | 26 | 33 | 73 | 142 | 219 | 272 | 297 | 324 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 1.24 | 3.01 | 3.73 | 4.41 | 4.01 | 5.86 | 9.08 | 9.93 | 11.03 | 12.38 | ||||
| Earnings | 0.14 | 0.57 | 0.75 | 1.01 | 0.76 | 0.65 | 0.87 | 1.03 | 1.13 | 1.28 | |||||
| Cash flow | 0.08 | 0.54 | (1.52) | 0.37 | 1.27 | 0.50 | 2.10 | 2.49 | (2.00) | 4.59 | |||||
| Capex | (0.08) | (0.13) | (0.22) | (0.54) | (1.21) | (0.98) | (1.27) | (1.24) | (1.36) | (1.38) | |||||
| Free cash flow | 0.01 | 0.41 | (1.74) | (0.17) | 0.06 | (0.48) | 0.84 | 1.25 | (3.36) | 3.21 | |||||
| Book value | 0.69 | 1.04 | 5.66 | 6.19 | 5.50 | 5.89 | 7.01 | 8.24 | 8.60 | 8.88 | |||||
| Shares, m | 262 | 262 | 318 | 328 | 329 | 330 | 327 | 322 | 316 | 295 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 48.67 | 48.67 | 23.41 | 32.23 | 73.87 | 39.73 | 9.36 | 11.77 | 5.05 | 7.47 | ||||
| P/S | 0.00 | 0.00 | 5.02 | 7.75 | 14.17 | 4.47 | 0.91 | 1.22 | 0.57 | 0.78 | |||||
| P/B | 0.00 | 0.00 | 3.31 | 5.52 | 10.35 | 4.45 | 1.18 | 1.47 | 0.73 | 1.09 | |||||
| EV/Sales | 0.00 | 0.00 | 4.43 | 7.31 | 13.87 | 4.32 | 1.36 | 0.84 | 0.73 | 0.78 | |||||
| EV/FCF | 0.00 | 0.00 | (9.52) | (195.14) | 890.69 | (52.90) | 14.78 | 6.69 | (2.40) | 3.00 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 22 | 142 | (482) | 122 | 418 | 166 | 687 | 801 | (633) | 1,354 | ||||
| Capex | (21) | (34) | (69) | (176) | (397) | (325) | (414) | (398) | (430) | (408) | |||||
| Free cash flow | 1 | 108 | (552) | (54) | 21 | (158) | 274 | 403 | (1,064) | 947 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 158 | 222 | 1,732 | 1,940 | 1,488 | 1,430 | 1,942 | 2,864 | 4,056 | 3,072 | ||||
| Total debt | 59 | — | — | — | 113 | 186 | 1,917 | 38 | 838 | 436 | |||||
| Net debt | (2) | (87) | (756) | (698) | (395) | (291) | 1,349 | (1,205) | 576 | (2) | |||||
| Shareholders’ equity | 180 | 273 | 1,799 | 2,031 | 1,810 | 1,946 | 2,294 | 2,652 | 2,720 | 2,622 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 3.73 | 14.95 | 11.18 | 10.15 | 6.24 | 4.28 | 4.01 | 3.34 | 3.20 | 2.83 | ||||
| ROIC | 23.19 | 84.25 | 20.61 | 23.20 | 15.96 | 15.90 | 17.45 | 48.92 | 22.63 | 34.52 | |||||
| ROE | 16.55 | 66.30 | 24.02 | 18.07 | 13.05 | 11.51 | 13.75 | 13.39 | 14.61 | 14.21 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
PagSeguro Digital Ltd. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| WIX Wix.com Ltd. | $3.4B | — (loss-making) | — (loss-making) | +14.93% (above 0%: growing) | n/m | −64.35% (below 0%: shrinking) | 65.77% | (10.44%) | Compare |
| AVPT AvePoint, Inc. | $3.2B | 43.4× | 42.5× | +22.03% (above 0%: growing) | +1,200.00% (above 0%: growing) | −25.04% (below 0%: shrinking) | 73.10% | 8.21% | Compare |
| APPN Appian Corporation | $3.1B | — (loss-making) | — (loss-making) | +19.11% (above 0%: growing) | n/m | +416.88% (above 0%: growing) | 71.21% | (2.68%) | Compare |
| FOUR Shift4 Payments, Inc. | $3.1B | 62.6× | 19.1× | +34.06% (above 0%: growing) | −77.14% (below 0%: shrinking) | −109.09% (below 0%: shrinking) | 34.44% | 7.34% | Compare |
| PAGS PagSeguro Digital Ltd. | $3.1B | 7.7× | 5.3× | +12.61% (above 0%: growing) | +21.88% (above 0%: growing) | −67.14% (below 0%: shrinking) | 53.43% | 38.71% | |
| TCGL TechCreate Group Ltd. | $3.1B | — | — | — | — | — | — | — | Compare |
| TDC Teradata Corporation | $2.9B | 6.2× | 7.8× | +0.49% (above 0%: growing) | +444.44% (above 0%: growing) | +169.23% (above 0%: growing) | 59.27% | 11.71% | Compare |
| CLBT Cellebrite DI Ltd. | $2.9B | 46.0× | 46.1× | +15.77% (above 0%: growing) | −62.50% (below 0%: shrinking) | −79.43% (below 0%: shrinking) | 80.78% | 5.30% | Compare |
| NTCT NetScout Systems, Inc. | $2.8B | 22.8× | 29.6× | +12.68% (above 0%: growing) | n/m | −38.15% (below 0%: shrinking) | 78.86% | 6.88% | Compare |
| Median of peers | $3.1B | 43.4× | 29.6× | +15.77% | +190.97% | −38.15% | 71.21% | 6.88% |
PagSeguro Digital Ltd. (PAGS) key facts
- Strength: PagSeguro Digital Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 4.82% from fiscal 2024.
- PagSeguro Digital Ltd. (PAGS) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
- As of October 16, 2026, PAGS traded at $11.00, a market capitalization of $3.1 billion.
- PagSeguro Digital Ltd. pays an annual dividend of $0.54 per share, a yield of 4.91%, with a payout ratio of 37.8%.
- Return on equity was 14.2% and debt-to-equity 0.10.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.28 (distress zone) for fiscal 2025.