PagSeguro Digital (PAGS) Operating Margin (2016 - 2026)
PagSeguro Digital's (PAGS) quarterly Operating Margin came in at 75.95% in Q1 2026, down 306.0% year-on-year from 36.87% in Q1 2025, and little changed on a QoQ basis from 76.14% in Q4 2025.
PagSeguro Digital (PAGS) Operating Margin (2016 - 2026) Analysis & Trends
PagSeguro Digital (PAGS) has 11 years of Operating Margin data on file, last reported at 75.95% in Q1 2026.
- On a quarterly basis, Operating Margin fell 306.0% year-over-year to 75.95% in Q1 2026; TTM through Mar 2026 was 75.99%, a 5063.0% decrease from a year earlier, with the FY2025 full-year figure at 23.37%, down 3161.0% from the prior year.
- Operating Margin for Q1 2026 stood at 75.95%, roughly flat from 76.14% in the prior quarter.
- Over the last five years, Operating Margin for PAGS reached as high as 188.19% in Q4 2024 and fell as low as 52.08% in Q2 2022.
- Historically, Operating Margin has averaged 89.83% across 5 years, with a median of 76.14% in 2025.
- Across the five-year window, Operating Margin sank 11362 bps in 2022 and jumped 11367 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 153.31% in 2022, then sank by 51 bps to 74.52% in 2023, then jumped by 153 bps to 188.19% in 2024, then sank by 60 bps to 76.14% in 2025, then dropped by 0 bps to 75.95% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 75.95% in Q1 2026, 76.14% in Q4 2025, and 74.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 46.33% |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 31.97% |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -9.69% |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 8.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.95% |
| Dec 31, 2025 | 76.14% |
| Sep 30, 2025 | 74.67% |
| Jun 30, 2025 | 77.26% |
| Mar 31, 2025 | 79.01% |
| Dec 31, 2024 | 188.19% |
| Sep 30, 2024 | 153.23% |
| Jun 30, 2024 | 83.31% |
| Mar 31, 2024 | 83.78% |
| Dec 31, 2023 | 74.52% |
| Sep 30, 2023 | 52.56% |
| Jun 30, 2023 | 54.44% |
| Mar 31, 2023 | 52.29% |
| Dec 31, 2022 | 153.31% |
| Sep 30, 2022 | 144.29% |
| Jun 30, 2022 | 52.08% |
| Mar 31, 2022 | 52.09% |
| Dec 31, 2021 | 173.98% |
| Sep 30, 2021 | 66.72% |
| Jun 30, 2021 | 165.71% |