v3.26.1
Tax - Schedule of Income Tax and Social Contribution (Details) - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Schedule of Income Tax and Social Contribution [Abstract]      
Profit before income tax R$ 317,339 R$ 345,972 R$ 1,667
Income tax and social contribution [1] (142,801) (155,688) (750)
Permanent additions/exclusions 967,068 61,503 36,438
Effect of different tax rates – subsidiaries 30,528 6,461 6,683
Compensation of previously unrecognized deductible temporary differences 246 22,579 (10,616)
Compensation of previously unrecognized tax losses 72,658 26,463 14,913
Deferred tax asset recognition [2] 790,244 82,959
R&D Tax incentives [3] 64,910 20,245
Others 8,482 (14,244) (57,501)
Total income tax and social contribution (expense) benefit 824,267 (94,184) 35,688
Current taxes (655,463) (545,603) (50,815)
Deferred taxes R$ 1,479,730 R$ 451,419 R$ 86,503
Effective rate (%) (260.00%) 27.00% 2140.00%
[1] The Group’s operations are primarily conducted in entities subject to income tax and social contribution in Brazil. All material entities in Brazil are subject to corporate income tax of 25%. Social contribution is generally levied at 20% for financial entities and 9% for non-financial entities. The tax rate used was the one applicable to PicPay Bank, which represents the most significant portion of the operations of the Group. The effect of other tax rates is shown in the table above as “Effect of different tax rates – subsidiaries”.
[2] As aforementioned on Note 10, PicPay recognized the deferred tax asset on the previously unrecognized tax losses carryforward and temporary differences.
[3] The Company benefited from tax incentives under the Brazilian R&D program, which encourages technological innovation through research and development in technology. A total benefit was recognized as a reduction to income tax expense.