Stoneco (STNE) Revenue by Segment

Breaks down revenue across different business segments, highlighting Stoneco's diverse income sources and strategic focus areas.

StoneCo’s mix is visibly shifting from merchant-facing revenue toward financial income: banking and credit revenues are the growth engine, while transaction activity weakened and subscription revenue plunged mid‑2025 (consistent with the Linx divestiture). That explains stronger EPS and gross‑profit guidance despite softer TPV and higher churn. The tradeoff: buybacks and credit scaling lift returns but concentrate risk—provisions and delinquencies can dent margins as credit revenue lags provisions, so execution on credit quality and cross‑sell is now critical to sustain gains.