StoneCo (STNE) Operating Margin (2017 - 2026)
StoneCo's Operating Margin was 49.45% in Q2 2026, down 1.51 percentage points from 50.95% a year earlier but up 2.08 percentage points from the prior quarter.
StoneCo (STNE) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, StoneCo's Operating Margin was 49.91% through Jun 30, 2026, down 2.10 percentage points year-over-year; for FY2025, it was 349.56%, up 252.93 percentage points from FY2024.
- Operating Margin shows a five-year change of +339.89 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 96.62% in FY2024 (-49.84 pp), 146.46% in FY2023 (-30.99 pp), 177.46% in FY2022 (+247.45 pp) and -69.99% in FY2021 (-79.65 pp).
- Quarterly Operating Margin has moved between 47.37% (Q1 2026) and 87.09% (Q2 2023) over five years.
- Compared with a year earlier, Operating Margin has declined for 11 straight quarters, with an average year-over-year change of -9.38 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 50.46 percentage points); the worst was Q2 2024 (a drop of 33.40 percentage points).
- Per Business Quant data, STNE's Operating Margin in the three quarters before Q2 2026 was 47.37% (Q1 2026), 51.42% (Q4 2025) and 51.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 15.28% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 19.75% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | - |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 12.63% |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 62.13% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | - |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | StoneCo | 2.91 Bn | -1.98 Bn | 308.97 Mn | 49.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.45% |
| Mar 31, 2026 | 47.37% |
| Dec 31, 2025 | 51.42% |
| Sep 30, 2025 | 51.46% |
| Jun 30, 2025 | 50.95% |
| Mar 31, 2025 | 50.46% |
| Dec 31, 2024 | 53.06% |
| Sep 30, 2024 | 53.74% |
| Jun 30, 2024 | 53.69% |
| Mar 31, 2024 | 53.01% |
| Dec 31, 2023 | 83.83% |
| Sep 30, 2023 | 84.23% |
| Jun 30, 2023 | 87.09% |
| Mar 31, 2023 | 83.08% |
| Dec 31, 2022 | 86.30% |
| Jun 30, 2022 | 84.63% |
| Mar 31, 2022 | 78.93% |
| Dec 31, 2021 | 81.33% |
| Sep 30, 2021 | 84.12% |
| Jun 30, 2021 | 48.81% |
StoneCo Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=STNE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "STNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=STNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();