PagSeguro Digital (PAGS) Gross Margin (2016 - 2026)
PagSeguro Digital's (PAGS) quarterly Gross Margin came in at 37.73% in Q1 2026, down 90.0% year-on-year from 377.35% in Q1 2025, and down 1.04% on a QoQ basis from 38.13% in Q4 2025.
PagSeguro Digital (PAGS) Gross Margin (2016 - 2026) Analysis & Trends
PagSeguro Digital (PAGS) has 11 years of Gross Margin data on file, last reported at 37.73% in Q1 2026.
- On a quarterly basis, Gross Margin fell 90.0% year-over-year to 37.73% in Q1 2026; TTM through Mar 2026 was 38.01%, a 2816.0% decrease from a year earlier, with the FY2025 full-year figure at 10.08%, down 2931.0% from the prior year.
- Gross Margin for Q1 2026 stood at 37.73%, down from 38.13% in the prior quarter.
- Over the last five years, Gross Margin for PAGS reached as high as 144.85% in Q4 2024 and fell as low as 35.75% in Q1 2022.
- Historically, Gross Margin has averaged 54.87% across 5 years, with a median of 38.64% in 2025.
- Across the five-year window, Gross Margin jumped 9152 bps in 2024 and tumbled 10672 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 137.63% in 2022, then slumped by 61 bps to 53.33% in 2023, then soared by 172 bps to 144.85% in 2024, then sank by 74 bps to 38.13% in 2025, then decreased by 1 bps to 37.73% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 37.73% in Q1 2026, 38.13% in Q4 2025, and 37.75% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 37.73% |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 71.21% |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 73.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.73% |
| Dec 31, 2025 | 38.13% |
| Sep 30, 2025 | 37.75% |
| Jun 30, 2025 | 38.45% |
| Mar 31, 2025 | 38.64% |
| Dec 31, 2024 | 144.85% |
| Sep 30, 2024 | 39.26% |
| Jun 30, 2024 | 39.92% |
| Mar 31, 2024 | 40.64% |
| Dec 31, 2023 | 53.33% |
| Sep 30, 2023 | 38.08% |
| Jun 30, 2023 | 39.05% |
| Mar 31, 2023 | 36.64% |
| Dec 31, 2022 | 137.63% |
| Sep 30, 2022 | 100.22% |
| Jun 30, 2022 | 36.67% |
| Mar 31, 2022 | 35.75% |
| Dec 31, 2021 | 86.90% |
| Sep 30, 2021 | 46.73% |
| Jun 30, 2021 | 84.64% |