Q1 2026 StoneCo Ltd Earnings Call Transcript
Key Points
- StoneCo Ltd (STNE) reported a 6% year-over-year increase in total revenue and income, reaching BRL3.6 billion, driven by the expansion of credit revenues and healthy profitability in payments.
- The company distributed BRL3.6 billion to shareholders year-to-date, representing a 27% distribution yield, showcasing a strong commitment to returning capital to shareholders.
- StoneCo Ltd (STNE) is actively working on re-accelerating profitable TPV growth by improving retention, managing churn, and simplifying its product offerings.
- The company is implementing new credit models and policies, showing promising early results with first payment default rates converging back to historical levels.
- StoneCo Ltd (STNE) is expanding its product offerings, including secured credit products, which are expected to deepen relationships with merchants and reduce portfolio risk intensity.
- The macroeconomic environment continues to weigh on smaller merchants, impacting StoneCo Ltd (STNE)'s performance.
- The company experienced higher than expected non-performing loans (NPLs), leading to increased provisions for credit losses.
- Gross profit margin contracted from 44.4% to 41.6% year-over-year, primarily due to higher credit provisions.
- StoneCo Ltd (STNE) faced elevated churn levels, particularly among clients onboarded during 2025, affecting TPV growth.
- Interest rates are expected to remain higher for longer, posing a challenge to StoneCo Ltd (STNE)'s financial performance and guidance.
Good evening, everyone. Thank you for standing by. Welcome to StoneCoâs first-quarter 2026 earnings conference call. (Operator Instructions)
All material can be found online at investors.stone.co. Before we begin the call, I advise you to review the disclaimer included in the press release and presentation, which outlines important information about forward-looking statements and non-IFRS financial measures. Many of the risks regarding the business are disclosed in the companyâs Form 20-F, filed with the Securities and Exchange Commission, which is available at www.sec.gov.
(Operator Instructions)
Joining the call today is StoneCoâs CEO, Mateus Scherer; the CFO and IRO, Diego Salgado; and the Head of IR, Roberta Noronha.
I would now like to turn the conference over to Mateus. Please proceed.
Thank you, operator, and good evening, everyone. Let me begin with a broad review of our first quarter. The quarter
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
