PagSeguro Digital Ltd. (PAGS) Form 6-K — Aug 11, 2026
PagSeguro Digital (NYSE: PAGS) reported Q2 2026 results with total revenue of R$5,080 million (+0.4% y/y), GAAP net income of R$549 million (+2.3%) and non-GAAP net income of R$576 million (+1.9%). Diluted EPS grew ~10% year-over-year to R$1.96 GAAP / R$2.06 non-GAAP, amplified by a 7.1% smaller share count from buybacks. Banking drove the quarter: Banking revenue rose 28.9% y/y to R$824 million, the credit portfolio expanded 30.7% to R$5.1 billion, deposits grew 15.1% to R$42.8 billion (91.6% on-platform), and Cash-In jumped 23.3% to R$97.0 billion. TPV rose just 3.0% to R$133.4 billion while payments revenue declined 4.7%.
Key figures
- Eps
- R$1.96 GAAP diluted (+10.1% y/y); R$2.06 non-GAAP diluted (+9.7% y/y)
- Revenue
- R$5,080 million (Q2 2026 total revenue and income)
- Guidance
- 2029 ambition: R$25 billion Credit Portfolio, ~10% gross profit CAGR and >16% EPS CAGR between 2025 and 2029; company says it remains confident in 2026 commitments
- Net Income
- R$549 million GAAP (+2.3% y/y); R$576 million non-GAAP (+1.9% y/y)
- Revenue Yoy
- +0.4% (total revenue and income); +1.7% ex-ITC
- Total Assets
- R$75,697 million (+6.3% y/y)
- Cash Position
- R$624 million (-44.7% y/y)
- Shares Outstanding
- 276.7 million weighted-average outstanding (-7.1% y/y)
- Tpv
- R$133.4 billion (+3.0% y/y)
- Npl90
- 3.4% vs 2.5% in Q2 2025
- Cash in
- R$97.0 billion (+23.3% y/y)
- Bis ratio
- 22.5% (vs 29.6% in Q2 2025); prudential Basel ratio temporarily at 14.9%
- Q2 buyback
- 1,870,755 Class A shares under US$200 million program launched May 2025
- Ltm buybacks
- over 19 million shares (~R$1 billion); third repurchase program fully completed
- Roae nongaap
- 15.6% (+0.3 p.p. y/y)
- Total clients
- 34.1 million (+3.1% y/y)
- Total funding
- R$47.2 billion (+10.1% y/y)
- Total deposits
- R$42.8 billion (+15.1% y/y)
- Banking revenue
- R$824 million (+28.9% y/y)
- Credit portfolio
- R$5.1 billion (+30.7% y/y)
- Payments revenue
- R$2,556 million (-4.7% y/y)
- Q2 dividends paid
- approximately R$363 million
- Upcoming dividend
- US$0.28 per share payable September 30, 2026 (record date September 16, 2026)
- 2026 dividend plan
- R$1.4 billion, of which ~R$600 million already distributed
- Effective tax rate
- 12.4%
- Statutory tax rate
- 37.0% (up from 34.0%)
- Total active clients
- 17.1 million (-3.3% y/y)
- Ltm shareholder returns
- R$2.0 billion in dividends and buybacks
- Credit loss allowance expenses
- R$70 million vs R$28 million in Q2 2025 (>100% increase)
AI analysis
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