PicPay Profit Surges 136% but Stock Crashes 22%

2026-03-20 - 10:10

3 Key Points —PicPay (PICS) delivered adjusted net income of R$188.2 million ($36M) in Q4 2025, up 136% year-over-year and 31.5% above the top of its own guidance, on revenue of R$3.0 billion ($574M) growing 69% — its first quarterly report since the January 2026 Nasdaq IPO that raised US$499 million at $19/share. For FY2025,