FINANCIAL INCOME AND FINANCIAL EXPENSES (Tables)

12 Months Ended

Dec. 31, 2025

Financial Income And Financil Expenses [Abstract]

Schedule of Financial Income (Expense), Net


						12.31.2025						12.31.2024						12.31.2023
Financial income:
Interest on cash and cash equivalents and financial investments						95.2						98.8						105.8
Derivative financial instruments						81.9						88.0						—
Warrants: adjustment to fair value						77.9						78.1						—
Interest on receivables						24.5						43.1						13.7
Financial structuring						—						—						8.3

Adjustment to fair value of Financing to customers						—						—						0.4
Taxes over Financial revenue						(3.3)						(5.0)						(3.2)
Gain from modification of a financial liability			18(ii)			26.6						—						—
Others						13.3						8.1						3.6
						316.1						311.1						128.6
Financial expenses:
Interest on loans and financing						(167.8)						(191.7)						(213.7)
Long-term incentives - phantom shares						(244.3)						(113.2)						(31.4)
Warrants: adjustment to fair value						(73.3)						(42.6)						(29.6)
Adjustment to fair value of Financing to customers						(45.9)						(31.0)						—
Other interest and banking operations						(20.8)						(19.9)						(14.8)
IOF - (tax on financial transactions)						(2.7)						(1.5)						(12.2)
Interest on taxes, social charges and contributions						(8.4)						(0.9)						(7.3)
Financial restructuring costs						—						—						(3.2)
Others						(51.8)						(14.8)						(9.7)
						(615.0)						(415.6)						(321.9)