StoneCo (STNE) reported net income of R$ 521.6 million in 3Q26, down 27% from R$ 715.3 million in 3Q25. Of the total, R$ 530.7 million came from continuing operations, while discontinued operations posted a loss of R$ 9.1 million. Net income from continuing operations fell 20.6% from R$ 668.1 million in 3Q25 and rose 18.0% from R$ 449.9 million in 2Q26, which included a R$ 200.3 million provision for expected losses on distressed card issuers. The figures come from the unaudited interim financial statements as of September 30, 2026.
Total revenue and income from continuing operations came to R$ 3.69 billion in the quarter, up 3.3% from R$ 3.57 billion in 3Q25, driven by growth in credit. Basic earnings per share (EPS) from continuing operations were R$ 2.30, versus R$ 2.49 a year earlier. Cost of services rose to R$ 1.05 billion, from R$ 817.8 million. The provision for expected credit losses on lending operations was R$ 197.4 million, versus R$ 86.4 million in 3Q25. The over-90-day delinquency rate rose to 9.92%, from 5.03% in 3Q25.
In the first nine months of 2026, net income was R$ 2.68 billion, versus R$ 1.83 billion in the same period of 2025. The result includes R$ 1.24 billion from the recognition of a deferred tax asset on deductible goodwill from the Linx acquisition. Revenue and income from continuing operations totaled R$ 10.85 billion, versus R$ 10.43 billion.
Adjusted net income (non-GAAP, excluding items the company considers non-recurring) totaled R$ 542.1 million in 3Q26, versus R$ 641.5 million in 3Q25. In the nine months, it was R$ 1.67 billion, versus R$ 1.77 billion. Adjusted gross profit was R$ 1,475.9 million, down 8.0%, with a margin of 40.0% versus 45.0% a year earlier.
During the year, the company paid an extraordinary dividend of US$ 2.53 per share on May 4, 2026, totaling R$ 3.08 billion, and repurchased R$ 1.48 billion in shares. On February 27, 2026, it completed the sale of Linx and software assets to TOTVS for R$ 3.27 billion. Cash and cash equivalents ended September at R$ 4.49 billion.
