{"success":true,"data":{"pressRelease":{"id":"52955","rtpr_id":"nBwbfjgqpa","ticker":"PICS","exchange":"NASDAQ","all_tickers":["PICS"],"title":"PicPay Announces First Quarter 2026 Results","author":"Business Wire","published_at":"2026-06-02T20:53:00.068Z","article_body":"PicPay Announces First Quarter 2026 Results\n\nReports adjusted net income of R$ 169 million in 1Q26, up 92% year-over-year,\nand revenue growth of 70% YoY to R$ 3.5 billion\n\nCompany exceeds guidance and reinforces growth model with profitability and\ndiversification\n\nPicPay (NASDAQ: PICS) (the “Company”) today announced its financial\nresults for the first quarter ended March 31, 2026, delivering robust results,\nexceeding guidance, and reinforcing consistency of its business model.\n\n\"We exceeded guidance across key indicators, reflecting the consistent\nexecution of our strategy focused on profitable growth, based on scale,\nfinancial discipline, and deepening customer relationships,\" said Eduardo\nChedid, PicPay Chief Executive Officer. “We are confident in our ability to\nbuild on our strong start to the year and deliver another quarter of\nprofitable growth in the second quarter, supported by continued portfolio\nexpansion, disciplined risk management and the scalability of our operating\nmodel.”\n\nFirst Quarter 2026 Financial Highlights\n\n\n * Net revenue reached R$ 3.5 billion, a 70% increase YoY, while adjusted net\nincome totaled R$ 169 million, up 92% compared to the first quarter of 2025.\n\n * Gross profit totaled R$ 1.1 billion, a 44% YoY increase, and net interest\nincome (NII) reached R$ 1.7 billion, a 76% growth in the same period,\nreflecting gains in scale, operational efficiency, and greater monetization of\nthe customer base.\n\n * Average revenue per active customer (ARPAC) reached R$ 80.7, up 55% YoY and\nnearly 4x the cost to serve of R$ 20.3, demonstrating robust operational\nefficiency and monetization.\n\n * Digital wallet total payment volume (TPV) rose 24% YoY to R$ 134 billion,\ndriven by greater PicPay Card penetration and growth in on-us transactions;\nthe wallet remains the primary engine for acquisition, engagement, and data\ngeneration.\n\n * ROE reached 15.5% in the period, primarily reflecting the increase in the\ncapital base resulting from the IPO completed in the first quarter. This\ncapital injection created a temporary mathematical dilution effect on the\nmetric, with no deterioration in business fundamentals. As the growth strategy\ncontinues — particularly in the credit portfolio — ROE is expected to\ngradually recover to its previous level of 20%.\n\nOperational, Revenue Expansion & Innovation Highlights\n\nRevenue diversification and base monetization. In the quarter, revenue\ndiversification strengthened, with no-risk and low-risk products representing\n69% of the indicator. Collateralized credit revenues grew 272% YoY, a key\nhighlight for the quarter. Non-credit revenues (wallet, acquiring, float, and\ninsurance) increased 47% YoY to R$ 1.6 billion, reflecting stronger engagement\nand recurring ecosystem usage. Total user base reached 68.6 million (+11%\nYoY); active accounts totaled 44.3 million (+10% YoY), with 1.5 million net\nnew active customers versus the prior quarter.\n\nCredit with disciplined growth and a resilient portfolio. Credit remained an\nimportant growth avenue in the quarter, supported by a disciplined origination\npolicy, risk management, and a resilient portfolio. The portfolio totaled R$\n28 billion at the end of the first quarter, a 116% YoY increase, with cost of\nrisk maintained at 3.7% over the last two quarters, even as originations\nadvanced. Currently, credit represents 54% of the Company's total revenue,\nwith 54% of the portfolio composed of secured products such as public and\nprivate payroll-deducted loans, FGTS anticipation, and secured-limit cards.\nThe strategy favors a balanced mix between collateralized and\nnon-collateralized products, with progressive limit increases based on\ncustomer behavior and risk profile. Private payroll-deducted credit was one of\nthe fastest-growing products, with monthly originations averaging R$ 700\nmillion and approximately a 5% share of sector originations, placing PicPay\namong Brazil’s top five players. In the first quarter, total volume\noriginated was approximately R$ 2 billion.\n\nInnovation and Platform Growth. PicPay continues to expand its presence among\nentrepreneurs, focusing on broadening its portfolio and solutions that\nsimplify business financial management, such as unified Business and Personal\nAccount management, cashback cards, and card machines with competitive terms.\nThe Company is also advancing in the Audiences and Ecosystem vertical, with\nintegrated offerings in travel, delivery, entertainment, and shopping,\nboosting engagement—especially around major events such as the World Cup. In\ntechnology, PicPay continues to invest in artificial intelligence to scale\noperations and improve the user experience. Currently, 100% of customer\nservice chat interactions begin with AI, while the WhatsApp-integrated\nassistant already enables Pix payments, bill payments, and due date reminders.\nInternally, the proprietary HubAI platform supports more than four thousand\nemployees across various activities.\n\n\"The depth of the relationship with our more than 68 million users, combined\nwith the continuous expansion of everyday services, supports the scalability\nof the model and increasingly efficient monetization,\" said André Cazotto,\nInvestor Relations, Strategy and M&A Officer at PicPay. \"We saw meaningful\nprogress in collateralized products and have focused on more mature customers\nin unsecured lines. This strategy supports more stable asset quality metrics\nat a controlled cost of risk, even as the portfolio expands. The strategy is\nnot to optimize isolated indicators, but to maximize returns by pricing risk\nappropriately.\"\n\nQ2 2026 Outlook\n\nLooking ahead to the second quarter of 2026, management expects PicPay’s\ntotal credit portfolio to reach approximately R$ 31.0 billion, representing\nsequential growth of 11%, while quarterly cost of risk is expected to remain\nwithin the Company's targeted range of 3.7% to 3.9%. Managerial revenues are\nprojected to increase to approximately R$ 3.6 billion, driving net interest\nincome of approximately R$ 1.9 billion and gross profit of approximately R$\n1.15 billion. The Company expects IFRS EBT of approximately R$ 265 million and\nadjusted EBT of approximately R$ 285 million, supporting IFRS net income of\napproximately R$ 235 million and adjusted net income of approximately R$ 245\nmillion. The outlook reflects continued portfolio expansion, stable credit\nperformance and increasing operating leverage, positioning the Company to\ndeliver meaningful earnings growth while maintaining disciplined risk\nmanagement.\n\nConference Call Details\n\nAdditional details, including a letter to shareholders, can be found on the\ncompany's Investor Relations website at investor.picpay.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Finvestor.picpay.com%2F__%3B%21%21IfJP2Nwhk5Z0yJ43lA%21J_PfWGTwcvXX865n2m4azTU8a5hecHV3nFwD5kO9b74SHR7nWk-TtA4hFpnr0dWnWzT7BztAR3hxhplO82X---LPfwH-NqR9%24&esheet=54546596&newsitemid=20260602356687&lan=en-US&anchor=investor.picpay.com&index=1&md5=74b65c6cc0a670c6c9fb49d0b43239ef)\n. PicPay will host a conference call and earnings webcast at 5:00 p.m. Eastern\nTime / 6:00 p.m. Brasilia time today to discuss these results.\n\nTo participate in the conference call, please visit the Events &\nPresentations section of PicPay's Investor Relations website.\n\nAbout PicPay\n\nPicPay is one of the largest digital banks in Brazil by number of customers.\nThe company operates a two-sided ecosystem, creating a bridge between\nconsumers and businesses. PicPay offers a wide range of financial products and\nservices—including digital wallet, credit cards, loans, investments, and\ninsurance—for both individuals and businesses.\n\nFor more information, visit: https://investor.picpay.com/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Finvestor.picpay.com%2F&esheet=54546596&newsitemid=20260602356687&lan=en-US&anchor=https%3A%2F%2Finvestor.picpay.com%2F&index=2&md5=b46130174d1b03df566d339f30ea3e69)\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe U.S. Private Securities Litigation Reform Act of 1995. Forward-looking\nstatements include, but are not limited to, statements regarding the Company's\nfuture financial and operating performance, business strategy, growth\ninitiatives, market opportunities, product development, customer adoption, and\nmanagement's expectations and beliefs.\n\nThese statements are based on current assumptions and expectations and are\nsubject to risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied by such forward-looking statements.\nFactors that may cause actual results to differ include, among others,\neconomic and market conditions, competitive developments, regulatory changes,\ncredit performance, technology and cybersecurity risks, and other factors\ndescribed in the Company's filings with the U.S. Securities and Exchange\nCommission (\"SEC\").\n\nForward-looking statements speak only as of the date of this release, and the\nCompany undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise, except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260602356687/en/\n(https://www.businesswire.com/news/home/20260602356687/en/)\n\nInvestors \n\nIR@PicPay.com (mailto:IR@PicPay.com)\n\nMedia \n\nBuchanan-PicPay@bursonbuchanan.com (mailto:Buchanan-PicPay@bursonbuchanan.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwbfjgqpa","title":"PicPay Announces First Quarter 2026 Results","author":"Business Wire","ticker":"PICS","created":"2026-06-02T20:53:00.068Z","tickers":["PICS"],"exchange":"NASDAQ","article_body":"PicPay Announces First Quarter 2026 Results\n\nReports adjusted net income of R$ 169 million in 1Q26, up 92% year-over-year,\nand revenue growth of 70% YoY to R$ 3.5 billion\n\nCompany exceeds guidance and reinforces growth model with profitability and\ndiversification\n\nPicPay (NASDAQ: PICS) (the “Company”) today announced its financial\nresults for the first quarter ended March 31, 2026, delivering robust results,\nexceeding guidance, and reinforcing consistency of its business model.\n\n\"We exceeded guidance across key indicators, reflecting the consistent\nexecution of our strategy focused on profitable growth, based on scale,\nfinancial discipline, and deepening customer relationships,\" said Eduardo\nChedid, PicPay Chief Executive Officer. “We are confident in our ability to\nbuild on our strong start to the year and deliver another quarter of\nprofitable growth in the second quarter, supported by continued portfolio\nexpansion, disciplined risk management and the scalability of our operating\nmodel.”\n\nFirst Quarter 2026 Financial Highlights\n\n\n * Net revenue reached R$ 3.5 billion, a 70% increase YoY, while adjusted net\nincome totaled R$ 169 million, up 92% compared to the first quarter of 2025.\n\n * Gross profit totaled R$ 1.1 billion, a 44% YoY increase, and net interest\nincome (NII) reached R$ 1.7 billion, a 76% growth in the same period,\nreflecting gains in scale, operational efficiency, and greater monetization of\nthe customer base.\n\n * Average revenue per active customer (ARPAC) reached R$ 80.7, up 55% YoY and\nnearly 4x the cost to serve of R$ 20.3, demonstrating robust operational\nefficiency and monetization.\n\n * Digital wallet total payment volume (TPV) rose 24% YoY to R$ 134 billion,\ndriven by greater PicPay Card penetration and growth in on-us transactions;\nthe wallet remains the primary engine for acquisition, engagement, and data\ngeneration.\n\n * ROE reached 15.5% in the period, primarily reflecting the increase in the\ncapital base resulting from the IPO completed in the first quarter. This\ncapital injection created a temporary mathematical dilution effect on the\nmetric, with no deterioration in business fundamentals. As the growth strategy\ncontinues — particularly in the credit portfolio — ROE is expected to\ngradually recover to its previous level of 20%.\n\nOperational, Revenue Expansion & Innovation Highlights\n\nRevenue diversification and base monetization. In the quarter, revenue\ndiversification strengthened, with no-risk and low-risk products representing\n69% of the indicator. Collateralized credit revenues grew 272% YoY, a key\nhighlight for the quarter. Non-credit revenues (wallet, acquiring, float, and\ninsurance) increased 47% YoY to R$ 1.6 billion, reflecting stronger engagement\nand recurring ecosystem usage. Total user base reached 68.6 million (+11%\nYoY); active accounts totaled 44.3 million (+10% YoY), with 1.5 million net\nnew active customers versus the prior quarter.\n\nCredit with disciplined growth and a resilient portfolio. Credit remained an\nimportant growth avenue in the quarter, supported by a disciplined origination\npolicy, risk management, and a resilient portfolio. The portfolio totaled R$\n28 billion at the end of the first quarter, a 116% YoY increase, with cost of\nrisk maintained at 3.7% over the last two quarters, even as originations\nadvanced. Currently, credit represents 54% of the Company's total revenue,\nwith 54% of the portfolio composed of secured products such as public and\nprivate payroll-deducted loans, FGTS anticipation, and secured-limit cards.\nThe strategy favors a balanced mix between collateralized and\nnon-collateralized products, with progressive limit increases based on\ncustomer behavior and risk profile. Private payroll-deducted credit was one of\nthe fastest-growing products, with monthly originations averaging R$ 700\nmillion and approximately a 5% share of sector originations, placing PicPay\namong Brazil’s top five players. In the first quarter, total volume\noriginated was approximately R$ 2 billion.\n\nInnovation and Platform Growth. PicPay continues to expand its presence among\nentrepreneurs, focusing on broadening its portfolio and solutions that\nsimplify business financial management, such as unified Business and Personal\nAccount management, cashback cards, and card machines with competitive terms.\nThe Company is also advancing in the Audiences and Ecosystem vertical, with\nintegrated offerings in travel, delivery, entertainment, and shopping,\nboosting engagement—especially around major events such as the World Cup. In\ntechnology, PicPay continues to invest in artificial intelligence to scale\noperations and improve the user experience. Currently, 100% of customer\nservice chat interactions begin with AI, while the WhatsApp-integrated\nassistant already enables Pix payments, bill payments, and due date reminders.\nInternally, the proprietary HubAI platform supports more than four thousand\nemployees across various activities.\n\n\"The depth of the relationship with our more than 68 million users, combined\nwith the continuous expansion of everyday services, supports the scalability\nof the model and increasingly efficient monetization,\" said André Cazotto,\nInvestor Relations, Strategy and M&A Officer at PicPay. \"We saw meaningful\nprogress in collateralized products and have focused on more mature customers\nin unsecured lines. This strategy supports more stable asset quality metrics\nat a controlled cost of risk, even as the portfolio expands. The strategy is\nnot to optimize isolated indicators, but to maximize returns by pricing risk\nappropriately.\"\n\nQ2 2026 Outlook\n\nLooking ahead to the second quarter of 2026, management expects PicPay’s\ntotal credit portfolio to reach approximately R$ 31.0 billion, representing\nsequential growth of 11%, while quarterly cost of risk is expected to remain\nwithin the Company's targeted range of 3.7% to 3.9%. Managerial revenues are\nprojected to increase to approximately R$ 3.6 billion, driving net interest\nincome of approximately R$ 1.9 billion and gross profit of approximately R$\n1.15 billion. The Company expects IFRS EBT of approximately R$ 265 million and\nadjusted EBT of approximately R$ 285 million, supporting IFRS net income of\napproximately R$ 235 million and adjusted net income of approximately R$ 245\nmillion. The outlook reflects continued portfolio expansion, stable credit\nperformance and increasing operating leverage, positioning the Company to\ndeliver meaningful earnings growth while maintaining disciplined risk\nmanagement.\n\nConference Call Details\n\nAdditional details, including a letter to shareholders, can be found on the\ncompany's Investor Relations website at investor.picpay.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Finvestor.picpay.com%2F__%3B%21%21IfJP2Nwhk5Z0yJ43lA%21J_PfWGTwcvXX865n2m4azTU8a5hecHV3nFwD5kO9b74SHR7nWk-TtA4hFpnr0dWnWzT7BztAR3hxhplO82X---LPfwH-NqR9%24&esheet=54546596&newsitemid=20260602356687&lan=en-US&anchor=investor.picpay.com&index=1&md5=74b65c6cc0a670c6c9fb49d0b43239ef)\n. PicPay will host a conference call and earnings webcast at 5:00 p.m. Eastern\nTime / 6:00 p.m. Brasilia time today to discuss these results.\n\nTo participate in the conference call, please visit the Events &\nPresentations section of PicPay's Investor Relations website.\n\nAbout PicPay\n\nPicPay is one of the largest digital banks in Brazil by number of customers.\nThe company operates a two-sided ecosystem, creating a bridge between\nconsumers and businesses. PicPay offers a wide range of financial products and\nservices—including digital wallet, credit cards, loans, investments, and\ninsurance—for both individuals and businesses.\n\nFor more information, visit: https://investor.picpay.com/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Finvestor.picpay.com%2F&esheet=54546596&newsitemid=20260602356687&lan=en-US&anchor=https%3A%2F%2Finvestor.picpay.com%2F&index=2&md5=b46130174d1b03df566d339f30ea3e69)\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe U.S. Private Securities Litigation Reform Act of 1995. Forward-looking\nstatements include, but are not limited to, statements regarding the Company's\nfuture financial and operating performance, business strategy, growth\ninitiatives, market opportunities, product development, customer adoption, and\nmanagement's expectations and beliefs.\n\nThese statements are based on current assumptions and expectations and are\nsubject to risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied by such forward-looking statements.\nFactors that may cause actual results to differ include, among others,\neconomic and market conditions, competitive developments, regulatory changes,\ncredit performance, technology and cybersecurity risks, and other factors\ndescribed in the Company's filings with the U.S. Securities and Exchange\nCommission (\"SEC\").\n\nForward-looking statements speak only as of the date of this release, and the\nCompany undertakes no obligation to update or revise any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise, except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260602356687/en/\n(https://www.businesswire.com/news/home/20260602356687/en/)\n\nInvestors \n\nIR@PicPay.com (mailto:IR@PicPay.com)\n\nMedia \n\nBuchanan-PicPay@bursonbuchanan.com (mailto:Buchanan-PicPay@bursonbuchanan.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-02T20:53:00.128445637Z","server_sent_at_ms":1780433580128},"received_at":"2026-06-02T20:53:00.193Z","source_url":"https://www.businesswire.com/news/home/20260602356687/en/"},"analysis":{"id":"42386","press_release_id":"52955","analysis_json":{"industry":{"label":"Consumer Finance","sector":"Financials"},"redFlags":[],"eventType":"earnings","narrative":"PicPay reported Q1 2026 revenue of R$ 3.5 billion, up 70% year-over-year, with adjusted net income of R$ 169 million, up 92% YoY, exceeding prior guidance.\n\nThe company highlighted strong operational efficiency with ARPAC at R$ 80.7 (55% YoY growth) versus a cost to serve of R$ 20.3, while the credit portfolio grew 116% YoY to R$ 28 billion with stable cost of risk at 3.7%.\n\nManagement provided Q2 guidance projecting managerial revenues of ~R$ 3.6 billion and adjusted net income of ~R$ 245 million, signaling continued momentum in credit expansion and profitability.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"PicPay delivers strong Q1 beat with 70% revenue growth and 92% profit growth, backed by disciplined credit expansion and robust Q2 guidance."},"keyFigures":{"revenue":"R$ 3.5 billion","guidance":"Q2 managerial revenues ~R$ 3.6B; NII ~R$ 1.9B; Gross profit ~R$ 1.15B; IFRS net income ~R$ 235M; Adjusted net income ~R$ 245M; Credit portfolio ~R$ 31.0B; Cost of risk 3.7%-3.9%","revenueYoy":"70%","customDimensions":{"roe":"15.5%","tpv":"R$ 134 billion","arpac":"R$ 80.7","tpv_yoy":"24%","arpac_yoy":"55%","total_users":"68.6 million","cost_of_risk":"3.7%","gross_profit":"R$ 1.1 billion","cost_to_serve":"R$ 20.3","active_accounts":"44.3 million","credit_portfolio":"R$ 28 billion","gross_profit_yoy":"44%","non_credit_revenue":"R$ 1.6 billion","adjusted_net_income":"R$ 169 million","net_interest_income":"R$ 1.7 billion","credit_portfolio_yoy":"116%","non_credit_revenue_yoy":"47%","adjusted_net_income_yoy":"92%","net_interest_income_yoy":"76%"}},"quotedText":"We exceeded guidance across key indicators, reflecting the consistent execution of our strategy focused on profitable growth, based on scale, financial discipline, and deepening customer relationships","namedEntities":{"people":[{"name":"Eduardo Chedid","role":"Chief Executive Officer"},{"name":"André Cazotto","role":"Investor Relations, Strategy and M&A Officer"}],"products":["PicPay Card","Pix","HubAI","WhatsApp-integrated assistant"],"companies":[{"name":"PicPay","ticker":"PICS"}],"dollarAmounts":[{"amount":"R$ 3.5 billion","context":"Q1 2026 net revenue"},{"amount":"R$ 169 million","context":"Q1 2026 adjusted net income"},{"amount":"R$ 1.1 billion","context":"Q1 2026 gross profit"},{"amount":"R$ 1.7 billion","context":"Q1 2026 net interest income"},{"amount":"R$ 80.7","context":"Average revenue per active customer (ARPAC)"},{"amount":"R$ 20.3","context":"Cost to serve"},{"amount":"R$ 134 billion","context":"Digital wallet total payment volume (TPV)"},{"amount":"R$ 28 billion","context":"Total credit portfolio"},{"amount":"R$ 700 million","context":"Monthly originations of private payroll-deducted credit"},{"amount":"R$ 2 billion","context":"Total volume originated in Q1"},{"amount":"R$ 31.0 billion","context":"Q2 2026 expected credit portfolio"},{"amount":"R$ 3.6 billion","context":"Q2 2026 projected managerial revenues"},{"amount":"R$ 1.9 billion","context":"Q2 2026 projected net interest income"},{"amount":"R$ 1.15 billion","context":"Q2 2026 projected gross profit"},{"amount":"R$ 265 million","context":"Q2 2026 projected IFRS EBT"},{"amount":"R$ 285 million","context":"Q2 2026 projected adjusted EBT"},{"amount":"R$ 235 million","context":"Q2 2026 projected IFRS net income"},{"amount":"R$ 245 million","context":"Q2 2026 projected adjusted net income"}]},"materialImpact":{"score":4,"reasoning":"Strong Q1 results with 70% revenue growth and 92% adjusted net income growth, exceeding guidance. The company also provided robust Q2 guidance showing continued momentum in credit portfolio expansion and profitability."},"tickerRelevance":{"others":[],"primary":"PICS"},"globalImportance":45,"audienceRelevance":35,"eventTypeSecondary":["guidance_update"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"earnings_beat","sectorWeight":"high","geographicFactor":"emerging_market","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"event_type":"earnings","event_type_secondary":["guidance_update"],"sentiment":"bullish","material_impact_score":4,"narrative":"PicPay reported Q1 2026 revenue of R$ 3.5 billion, up 70% year-over-year, with adjusted net income of R$ 169 million, up 92% YoY, exceeding prior guidance.\n\nThe company highlighted strong operational efficiency with ARPAC at R$ 80.7 (55% YoY growth) versus a cost to serve of R$ 20.3, while the credit portfolio grew 116% YoY to R$ 28 billion with stable cost of risk at 3.7%.\n\nManagement provided Q2 guidance projecting managerial revenues of ~R$ 3.6 billion and adjusted net income of ~R$ 245 million, signaling continued momentum in credit expansion and profitability.","key_figures":{"revenue":"R$ 3.5 billion","guidance":"Q2 managerial revenues ~R$ 3.6B; NII ~R$ 1.9B; Gross profit ~R$ 1.15B; IFRS net income ~R$ 235M; Adjusted net income ~R$ 245M; Credit portfolio ~R$ 31.0B; Cost of risk 3.7%-3.9%","revenueYoy":"70%","customDimensions":{"roe":"15.5%","tpv":"R$ 134 billion","arpac":"R$ 80.7","tpv_yoy":"24%","arpac_yoy":"55%","total_users":"68.6 million","cost_of_risk":"3.7%","gross_profit":"R$ 1.1 billion","cost_to_serve":"R$ 20.3","active_accounts":"44.3 million","credit_portfolio":"R$ 28 billion","gross_profit_yoy":"44%","non_credit_revenue":"R$ 1.6 billion","adjusted_net_income":"R$ 169 million","net_interest_income":"R$ 1.7 billion","credit_portfolio_yoy":"116%","non_credit_revenue_yoy":"47%","adjusted_net_income_yoy":"92%","net_interest_income_yoy":"76%"}},"named_entities":{"people":[{"name":"Eduardo Chedid","role":"Chief Executive Officer"},{"name":"André Cazotto","role":"Investor Relations, Strategy and M&A Officer"}],"products":["PicPay Card","Pix","HubAI","WhatsApp-integrated assistant"],"companies":[{"name":"PicPay","ticker":"PICS"}],"dollarAmounts":[{"amount":"R$ 3.5 billion","context":"Q1 2026 net revenue"},{"amount":"R$ 169 million","context":"Q1 2026 adjusted net income"},{"amount":"R$ 1.1 billion","context":"Q1 2026 gross profit"},{"amount":"R$ 1.7 billion","context":"Q1 2026 net interest income"},{"amount":"R$ 80.7","context":"Average revenue per active customer (ARPAC)"},{"amount":"R$ 20.3","context":"Cost to serve"},{"amount":"R$ 134 billion","context":"Digital wallet total payment volume (TPV)"},{"amount":"R$ 28 billion","context":"Total credit portfolio"},{"amount":"R$ 700 million","context":"Monthly originations of private payroll-deducted credit"},{"amount":"R$ 2 billion","context":"Total volume originated in Q1"},{"amount":"R$ 31.0 billion","context":"Q2 2026 expected credit portfolio"},{"amount":"R$ 3.6 billion","context":"Q2 2026 projected managerial revenues"},{"amount":"R$ 1.9 billion","context":"Q2 2026 projected net interest income"},{"amount":"R$ 1.15 billion","context":"Q2 2026 projected gross profit"},{"amount":"R$ 265 million","context":"Q2 2026 projected IFRS EBT"},{"amount":"R$ 285 million","context":"Q2 2026 projected adjusted EBT"},{"amount":"R$ 235 million","context":"Q2 2026 projected IFRS net income"},{"amount":"R$ 245 million","context":"Q2 2026 projected adjusted net income"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T20:54:58.640Z","global_importance":45,"audience_relevance":35,"importance_components":{"tickerTier":"mid-cap","eventGravity":"earnings_beat","sectorWeight":"high","geographicFactor":"emerging_market","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"durationMs":118437,"modelName":"george-droid-qwen-72b"}}