PicS Past Earnings Performance
Past criteria checks 4/6
PicS has been growing earnings at an average annual rate of 87.9%, while the Diversified Financial industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 38.7% per year. PicS's return on equity is 19.8%, and it has net margins of 10%.
Key information
87.94%
Earnings growth rate
115.02%
EPS growth rate
| Diversified Financial Industry Growth | 6.15% |
| Revenue growth rate | 38.69% |
| Return on equity | 19.81% |
| Net Margin | 9.96% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Expanding Digital Credit And AI Adoption Will Transform Long Term Earnings Potential
Catalysts About PicS PicS operates a broad digital financial platform in Brazil that integrates payments, banking, credit, insurance, and commerce in a single app. What are the underlying business or industry changes driving this perspective?PicPay: Massive User Base, Still Early In Monetization
Summary PicPay Holdings is rated a 'Buy' due to its rapid growth phase and recent Brazilian market pullback presenting an entry opportunity. PICS boasts the second largest digital bank customer base in Brazil, with deposits growing 44% YoY and loans expanding 67% YoY in 2025. Despite competitive weaknesses and a lower ARPAC than peers, PICS’s growth in deposits and secured loans signals significant top-line potential. Key risks include rising delinquencies, exposure to risky credit rights acquisitions, and ongoing competition and regulatory challenges. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
How PicS makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 11,726 | 1,168 | 5,403 | 552 |
| 31 Dec 25 | 10,278 | 1,091 | 4,776 | 503 |
| 30 Sep 25 | 9,050 | 337 | 4,181 | 495 |
| 31 Mar 25 | 6,498 | 288 | 3,027 | 622 |
| 31 Dec 24 | 5,570 | 218 | 2,525 | 509 |
| 30 Sep 24 | 4,720 | 174 | 1,993 | 449 |
| 30 Jun 24 | 4,252 | 89 | 1,566 | 312 |
| 31 Mar 24 | 3,817 | 39 | 1,450 | 312 |
| 31 Dec 23 | 3,459 | 35 | 1,328 | 312 |
| 31 Dec 22 | 2,935 | -46 | 1,568 | 299 |
| 31 Dec 21 | 1,145 | -1,558 | 1,748 | 0 |
| 31 Mar 21 | 483 | -1,060 | 1,003 | 0 |
| 31 Dec 20 | 390 | -804 | 775 | 0 |
| 31 Dec 19 | 86 | -267 | 274 | 0 |
Quality Earnings: PICS has a large one-off loss of R$125.5M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: PICS's current net profit margins (10%) are higher than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PICS has become profitable over the past 5 years, growing earnings by 87.9% per year.
Accelerating Growth: PICS's earnings growth over the past year (305.9%) exceeds its 5-year average (87.9% per year).
Earnings vs Industry: PICS earnings growth over the past year (305.9%) exceeded the Diversified Financial industry 8.6%.
Return on Equity
High ROE: PICS's Return on Equity (19.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/25 04:19 |
| End of Day Share Price | 2026/06/25 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PicS N.V. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rafael Reis | BB Banco de Investimento S.A. |
| Mario Lucio Pierry | BofA Global Research |
| Marcelo Mizrahi | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |