StoneCo (STNE) Gross Margin (2017 - 2026)
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.
Analysis
StoneCo (STNE) Gross Margin (2017 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 67.20% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 84.66% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 67.55% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 74.57% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 80.24% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 71.76% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 72.57% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 47.84% |
| 10 | StoneCo | 2.70 Bn | 2.70 Bn | 308.97 Mn | 43.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.59% |
| Mar 31, 2026 | 41.49% |
| Dec 31, 2025 | 44.57% |
| Sep 30, 2025 | 44.91% |
| Jun 30, 2025 | 44.52% |
| Mar 31, 2025 | 44.28% |
| Dec 31, 2024 | 46.15% |
| Sep 30, 2024 | 46.92% |
| Jun 30, 2024 | 47.09% |
| Mar 31, 2024 | 44.68% |
| Dec 31, 2023 | 94.15% |
| Sep 30, 2023 | 75.37% |
| Jun 30, 2023 | 76.81% |
| Mar 31, 2023 | 73.40% |
| Dec 31, 2022 | 75.41% |
| Jun 30, 2022 | 72.82% |
| Mar 31, 2022 | 67.43% |
| Dec 31, 2021 | 67.53% |
| Sep 30, 2021 | 64.24% |
| Jun 30, 2021 | 94.82% |