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Operating costs
12 Months Ended
Dec. 31, 2025
Analysis of income and expense [abstract]  
Operating costs
29 Operating costs
202520242023
Commission and incentive costs3,496,669 3,460,647 3,070,875 
Operating losses185,710 171,600 136,014 
Other costs1,780,620 1,430,785 1,192,034 
Clearing house and proprietary funds fees645,409 575,737 474,013 
Third parties’ services121,510 68,847 59,374 
Credit card cashback505,717 435,064 379,711 
Other (i)
507,984 351,137 278,936 
Total5,462,999 5,063,032 4,398,923 
(i)Include insurance contracts profit or loss, as disclosed in Note 22.