StoneCo (STNE) Gross Margin (2017 - 2025)

StoneCo (STNE) posted quarterly Gross Margin of 44.62% for Q4 2025, down 159.0% year-over-year from 75.63% in Q4 2024, and down 0.82% quarter-over-quarter from 45.0% in Q3 2025.

StoneCo (STNE) Gross Margin (2017 - 2025) Analysis & Trends

StoneCo (STNE) has reported Gross Margin for 9 consecutive years, with 44.62% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Gross Margin fell 159.0% year-over-year to 44.62%; the TTM figure through Dec 2025 stood at 44.65% (up 4465.0% YoY), while the FY2025 annual figure was 76.22%, up 7622.0% from the prior year.
  • Gross Margin retreated to 44.62% in Q4 2025 per STNE's latest filing, from 45.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 117.02% in Q4 2022 and bottomed at 26.38% in Q4 2023.
  • Historically, Gross Margin has averaged 63.49% across 5 years, with a median of 67.42% in 2022.
  • Annual changes were most pronounced in 2022 — Gross Margin surged 4949 bps — and 2023, when it tumbled 9064 bps.
  • StoneCo's Gross Margin stood at 67.53% in 2021, then surged by 73 bps to 117.02% in 2022, then tumbled by 77 bps to 26.38% in 2023, then jumped by 75 bps to 46.21% in 2024, then decreased by 3 bps to 44.62% in 2025.
  • Business Quant data shows STNE's Gross Margin at 44.62% in Q4 2025, 45.0% in Q3 2025, and 44.6% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 67.20%
2 Oracle 433.50 Bn 402.15 Bn - -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 84.66%
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn 67.55%
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 80.24%
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 71.76%
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 73.54%
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 65.86%
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 47.84%
10 StoneCo 3.00 Bn 3.00 Bn 308.35 44.62%

Historic Data

Download Data
DateValue
Dec 31, 2025 44.62%
Sep 30, 2025 45.00%
Jun 30, 2025 44.60%
Mar 31, 2025 44.36%
Dec 31, 2024 46.21%
Mar 31, 2024 76.11%
Dec 31, 2023 26.38%
Sep 30, 2023 77.97%
Jun 30, 2023 79.62%
Mar 31, 2023 76.23%
Dec 31, 2022 117.02%
Jun 30, 2022 72.82%
Mar 31, 2022 67.42%
Dec 31, 2021 67.53%
Sep 30, 2021 64.24%
Jun 30, 2021 56.86%
Mar 31, 2021 72.38%
Dec 31, 2020 25.15%
Sep 30, 2020 40.42%
Jun 30, 2020 70.22%