On 21 March 2014 Paulo Ricardo signed a new deal with Peixe, running until 2017.[2] He made his first team debut on 18 July, coming on as a late substitute in a 2–0 home success against Palmeiras for the Campeonato Brasileiro Série A championship.[3]
On 7 July 2016, Paulo Ricardo was loaned to FC Sion for one year.[6] He made his debut for the club on 10 August, starting in a 3–1 away loss against FC Lugano.
On 24 July 2017, Paulo Ricardo joined Sion permanently, with Santos receiving a compensation fee.[7] On 8 August of the following year, he returned to his homeland after agreeing to a one-year loan deal with Fluminense.[8]
In the summer of 2021, he moved to the Finnish club Kuopion Palloseura (KuPS) in the country's top-tier Veikkausliiga.[9] During his time with KuPS, the club won two Finnish Cup titles, and finished twice as the Veikkausliiga runner-up, losing the title to HJK Helsinki with one point difference on both occasions.[10]
On 22 January 2023, Ricardo joined Saudi club Al-Hazem for an undisclosed fee.[11]