決算　2026/03/02(ストーンコー、クオンタム・コンピューティング、ライオット・プラットフォームズ)

Turning to Slide 8. We review the evolution of our credit operations.
Our portfolio reached BRL 2.8 billion in the quarter, growing 23% sequentially.
Of this total, BRL 2.5 billion relates to merchant solutions, primarily our MSMB working capital offering, which also expanded 23% quarter-over-quarter.
The remaining BRL 300 million corresponds to our credit card portfolio, which grew 30% sequentially from a smaller base.
Credit continues to gain relevance in our results. In the fourth quarter of '25, credit revenues reached BRL 238 million, up 33% sequentially, while provisions totaled BRL 110 million, increasing 27%.
As provisions are recognized upfront and revenues are accrued over time, continued portfolio growth should translate into a stronger earnings contribution going forward.

StoneCo Ltd. (STNE) Q4 2025 Earnings Call Transcript
https://seekingalpha.com/article/4877452-stoneco-ltd-stne-q4-2025-earnings-call-transcript

ティッカーシンボル	社名	業種	関連銘柄	トピックス	PER	配当利回り	ROE	PSR
STNE	StoneCo Ltd.	金融サービス	金融テック関連	クレジット事業の急拡大(４Ｑ)	11.4倍	0.00％	4.07％	1.36倍
QUBT	Quantum Computing Inc.	量子コンピュータ	量子コンピュータ関連	2026年２月にフォトニクス半導体「Luminar Semiconductor, Inc.」買収完了(４Ｑ)	0.00倍	0.00％	0.00％	3,173.0倍
RIOT	Riot Platforms, Inc.	暗号資産マイニング	データセンター関連	ＡＭＤと10年間で３億1,100万ドル規模のデータセンター・リース契約を締結(４Ｑ)	0.00倍	0.00％	0.00％	9.68倍