StoneCo Ltd. provides financial technology solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and technology and solutions to digital merchants through sales and technical personnel and software vendors, as well as sells solutions to brick-and-mortar and digital merchants through sales team. As of December 31, 2021, the company served approximately 1,766,100 clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands. StoneCo Ltd. operates as a subsidiary of HR Holdings, LLC.
Revenue of StoneCo Ltd. (STNE)
Revenue in 2023 (TTM): $11.36 B
According to StoneCo Ltd.'s latest financial reports the company's current revenue (TTM) is $11.36 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of StoneCo Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $11.36 B | $8.38 B | $3.54 B | $1.97 B | $1.59 B |
| 2022 | $9.02 B | $6.35 B | $1.35 B | $-387,290,000 | $-526,396,000 |
| 2021 | $4.58 B | $2.86 B | $739.6 K | $-1,445,554,000 | $-1,377,348,000 |
| 2020 | $3.18 B | $2.41 B | $1.72 B | $1.13 B | $854.07 M |
| 2019 | $2.39 B | $1.96 B | $1.61 B | $1.09 B | $804.2 M |
| 2018 | $1.53 B | $1.21 B | $835.74 M | $442.3 M | $305.2 M |
| 2017 | $741.35 M | $517.24 M | $198.64 M | $-95,665,000 | $-104,969,000 |
| 2016 | $423.2 M | $290.02 M | $138.41 M | $-149,221,000 | $-122,191,000 |