v3.26.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Share capital
Premium on issue of shares
Capital transactions
Stock options
Other reserves
Legal
Reserve for investments
Tax- incentive reserve
VAE
FCTA
Retained earnings (loss)
Total
Non- controlling interest
Share premium
Reserve for own shares
Investments statutory
Other legal reserves
Revaluation reserve
Undistributed results
Total
BALANCE at Dec. 31, 2022 $ 13,177,841 $ 36,321 $ (239,584) $ 10,145 $ (35,177) $ 603,603 $ 2,928,754 $ 767,354 $ 61,690 $ (8,410,771) $ 8,900,176 $ 645,970             $ 9,546,146
Net income (loss) (198,869) (198,869) 67,134             (131,735)
Gain (loss) on foreign currency translation adjustments 618,297 (30,467) 587,830 (26,876)             560,954
Gain (Loss) on net investment in foreign operations 179,612 179,612             179,612
Gain (Loss) on cash flow hedge, net of tax 5,129 5,129             5,129
Valuation adjustments to equity (VAE) in subsidiaries (13,143) (13,143)             (13,143)
Gain (Loss) associated with pension and other postretirement benefit obligations, net of tax 6,767 6,767 1,577             8,344
JBS N.V.                                        
Total comprehensive income (loss) (1,247) 797,909 (229,336) 567,326 41,835             609,161
Share-based compensation 7,109 (1,588) 5,521 1,392             6,913
Realization of other reserves (1,236) 1,236            
Distribution of interim dividends (447,979) (447,979)             (447,979)
Constitution of investments statutory reserve (696,226) 696,226            
Dividends to non-controlling interest (6,318)             (6,318)
Constitution of tax-incentive reserve 20,147 (20,147)            
Others (137)             (137)
BALANCE at Dec. 31, 2023 13,177,841 36,321 (232,475) 10,145 (36,413) 603,603 2,232,528 787,501 60,443 (7,614,450) 9,025,044 682,742             9,707,786
Net income (loss) 1,766,870 1,766,870 200,740             1,967,610
Gain (loss) on foreign currency translation adjustments (2,108,541) (2,108,541) 159,997             (1,948,544)
Gain (Loss) on net investment in foreign operations (421,856) (421,856)             (421,856)
Gain (Loss) on cash flow hedge, net of tax 594 594             594
Gain (Loss) associated with pension and other postretirement benefit obligations, net of tax 9,333 9,333 4,304             13,637
Other fair value adjustments through other comprehensive income (2,787) (2,787)             (2,787)
JBS N.V.                                        
Total comprehensive income (loss) 7,140 (2,530,397) 1,766,870 (756,387) 365,041             (391,346)
Share-based compensation 13,037 13,037 2,756             15,793
Realization of other reserves (1,057) 1,057            
Distribution of interim dividends (1,179,620) (1,179,620)             (1,179,620)
Prescribed dividends 5 5             5
Legal Reserve 88,396 (88,396)            
Constitution of investments statutory reserve 1,017,205 (1,017,205)            
Acquisition of Non-Controlling Interest in Diamond Valley Pork (7,614) (7,614) (5,710)             (13,324)
Dividends to non-controlling interest (4,293)             (4,293)
Constitution of tax-incentive reserve 662,331 (662,331)            
Business acquisitions (674)             (674)
Others 37             37
BALANCE at Dec. 31, 2024 13,177,841 36,321 (227,052) 10,145 (37,470) 691,999 2,070,113 1,449,832 67,583 (10,144,847) 7,094,465 1,039,899 $ 2,070,113 $ 67,583 $ (10,144,847) 8,134,364
Net income (loss)         500,224 56,110 500,224 556,334
Gain (loss) on foreign currency translation adjustments         574,457 (123,164) 574,457 451,293
Gain (Loss) on net investment in foreign operations         126,386 126,386 126,386
Gain (Loss) on cash flow hedge, net of tax         282 282 282
Gain (Loss) associated with pension and other postretirement benefit obligations, net of tax         (409) (101) (409) (510)
Other fair value adjustments through other comprehensive income         (25) (25) (25)
JBS N.V.                                        
Total comprehensive income (loss)         1,200,915 (67,155) (152) 700,843 500,224 1,133,760
Share-based compensation 5,782         5,782 1,219 7,001
Realization of other reserves (374)         (1) 373 (1)
Distribution of interim dividends         (759,018) (759,018) (759,018)
Dividends to non-controlling interest         (260,331) (260,331)
Others         285 285
BALANCE at May. 23, 2025 (13,142,337) (36,321) 216,947 (10,145) 37,844 (691,999)   (1,449,832)       (5,484,897) 67,255 1,899,391 (6,544) (1,311,095) 159 8,947,969 61,066 (5,417,642)
BALANCE at Dec. 31, 2024 13,177,841 36,321 (227,052) 10,145 (37,470) 691,999 $ 2,070,113 1,449,832 $ 67,583 $ (10,144,847) 7,094,465 1,039,899 2,070,113 67,583 (10,144,847) 8,134,364
Net income (loss)                                       2,229,792
JBS N.V.                                        
Total comprehensive income (loss)                                       3,155,165
Transfer of treasury shares                                       (6,156)
BALANCE at Dec. 31, 2025 35,114 (68,076)         8,703,580 819,211 7,310,818 (598,423) 63,472 (125,097) 2,085,772 9,522,791
BALANCE at May. 23, 2025 (13,142,337) (36,321) 216,947 (10,145) 37,844 (691,999)   (1,449,832)       (5,484,897) 67,255 1,899,391 (6,544) (1,311,095) 159 8,947,969 61,066 (5,417,642)
Net income (loss)         1,524,109 149,349 1,524,109 1,673,458
Gain (Loss) on cash flow hedge, net of tax         (6,871) (434) (6,871) (7,305)
Gain (Loss) associated with pension and other postretirement benefit obligations, net of tax         1,017 189 1,017 1,206
Other fair value adjustments through other comprehensive income        
JBS N.V.                                        
Foreign exchange variation in subsidiaries         (18,628)   (18,628)
Cumulative translation adjustment and foreign exchange variation in subsidiaries         372,674 1,736 370,938 372,674
Total comprehensive income (loss)         1,890,929 130,476 (4,118) 370,938 1,524,109 2,021,405
Cancellation of shares (390)           390
Acquisition of Non-Controlling Interests - PPC Subsidiary         (1,263) (1,263)
Common share contribution         1,808,187 1,808,187 1,808,187
Incorporation of shares         3,995,860 3,995,860 3,995,860
Repurchase of shares         192 (192)
Share premium distribution         (387,004) (387,004) (387,004)
Listing costs 6,119         6,119 6,119
Stock Option Plan 17,715         17,715 1,222 18,937
Transfer of treasury shares         (6,156) 6,156
Share-based compensation 4,545         6,702 2,553 2,157 9,255
Dividends to non-controlling interest         (96,573) (96,573)
Acquisition of treasury shares         (600,000) (600,000) (600,000)
Reflex equity transaction (52,857)         (52,857)   (52,857)
Others (39,275)         (39,317) 1,624 (42) (37,693)
BALANCE at Dec. 31, 2025 $ 35,114 $ (68,076)         $ 8,703,580 $ 819,211 $ 7,310,818 $ (598,423) $ 63,472 $ (125,097) $ 2,085,772 $ 9,522,791