v3.26.1
Net financial results (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial income      
Monetary adjustments $ 13,890 $ 9,102 $ 9,022
Interest income on financial investments and cash equivalents 11,825 11,853 11,622
Interest on tax credits 1,161 357 1,012
Other financial income 3,024 2,716 4,137
Total Financial income 29,900 24,028 25,793
Financial expenses      
Interest in loans and financings (133,310) (130,268) (110,734)
Interest on other liabilities (13,898) (6,152) (5,114)
Interest related to uncertain tax positions (ii) (55,134) (9,193) (4,365)
Interest on asset retirement and environmental obligations – note 27 (a) (26,587) (27,734) (26,969)
Interest on factoring operations and confirming payables (17,726) (16,391) (16,624)
Bond repurchase premium – note 24 (b) (15,046) (1,989)
Interest on lease liabilities – note 23 (b) (9,989) (13,517) (6,134)
Interest on contractual obligations – note 29 (6,744) (6,424) (5,329)
Transaction costs related to bond repurchase and early redemption – note 24 (b) (2,814) (5,080)
Interest on VAT discussions (5,093) (1,203) (16,033)
Other financial expenses (20,155) (27,877) (22,171)
Total Financial expenses  (306,496) (245,828) (213,473)
Other financial items, net      
Changes in fair value of derivative financial instruments – note 16 (c) 12,806 1,371 (606)
Changes in fair value of loans and financings – note 24 (c) 2,052 (3,627) (525)
Debt modification gain 3,142
Foreign exchange (losses) gains (i) 74,373 (148,546) 21,753
Total Other financial items, net  89,231 (147,660) 20,622
  Net financial results $ (187,365) $ (369,460) $ (167,058)