PagSeguro Digital (PAGS) Operating Expenses (2016 - 2026)

PagSeguro Digital's (PAGS) quarterly Operating Expenses came in at -$363.5 million in Q1 2026, down 8.79% year-on-year from -$398.5 million in Q1 2025, and up 4.47% on a QoQ basis from -$380.5 million in Q4 2025.

PagSeguro Digital (PAGS) Operating Expenses (2016 - 2026) Analysis & Trends

PagSeguro Digital (PAGS) has 11 years of Operating Expenses data on file, last reported at -$363.5 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 8.79% year-over-year to -$363.5 million in Q1 2026; TTM through Mar 2026 was -$1.4 billion, a 31.23% increase from a year earlier, with the FY2025 full-year figure at -$502.8 million, changed 0.34% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$363.5 million, up from -$380.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for PAGS reached as high as -$107.2 million in Q1 2022 and fell as low as -$993.0 million in Q3 2024.
  • Historically, Operating Expenses has averaged -$319.8 million across 5 years, with a median of -$346.0 million in 2025.
  • Across the five-year window, Operating Expenses surged 76.63% in 2022 and plunged 731.19% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at -$118.0 million in 2022, then tumbled by 320.78% to -$496.7 million in 2023, then rose by 23.2% to -$381.5 million in 2024, then climbed by 0.25% to -$380.5 million in 2025, then gained by 4.47% to -$363.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$363.5 million in Q1 2026, -$380.5 million in Q4 2025, and -$346.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -363.49 Mn
3 Oracle 329.59 Bn 297.69 Bn - 13.05 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 979.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 517.59 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn 1.57 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -363.49 Mn
Dec 31, 2025 -380.49 Mn
Sep 30, 2025 -345.97 Mn
Jun 30, 2025 -346.68 Mn
Mar 31, 2025 -334.14 Mn
Dec 31, 2024 -381.47 Mn
Sep 30, 2024 -993.03 Mn
Jun 30, 2024 -380.27 Mn
Mar 31, 2024 -375.66 Mn
Dec 31, 2023 -496.71 Mn
Sep 30, 2023 -119.47 Mn
Jun 30, 2023 -118.93 Mn
Mar 31, 2023 -113.04 Mn
Dec 31, 2022 -118.04 Mn
Sep 30, 2022 -339.38 Mn
Jun 30, 2022 -123.07 Mn
Mar 31, 2022 -107.15 Mn
Dec 31, 2021 -505.22 Mn
Sep 30, 2021 -106.39 Mn
Jun 30, 2021 -361.93 Mn