PicPay Reports Profit Surge in First Post-IPO Results; Q4 Adjusted Net Income Up 136%
The New York–listed fintech signals stronger profitability supported by faster revenue growth.
Overview
- PicPay posted Q4 2025 adjusted net income of R$188.2 million, up 136% year over year, with full-year 2025 net income reaching R$502 million, up 99%.
- Adjusted return on equity hit 24.4% in Q4, an increase of 5.4 percentage points from a year earlier.
- Net revenue rose 69% to R$3.0 billion as the company scaled its operations.
- The platform closed 2025 with 67 million registered accounts and 42.7 million active users, with R$139.4 billion moved on the platform.
- Customer deposits advanced 44% to R$29 billion, and management guided for Q1 2026 adjusted profit of R$155 million on total revenue of R$3.15 billion.