v3.26.1
Consolidated Statements of Income - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Profit or loss [abstract]      
Operating revenue R$ 38,092,050 R$ 36,145,477 R$ 25,572,056
Operating costs (23,991,688) (16,603,073) (16,051,866)
Gross profit 14,100,362 19,542,404 9,520,190
Selling expenses (743,276) (917,589) (984,060)
Allowance for doubtful accounts (62,067) (557,789) (652,920)
Administrative expenses (1,018,282) (2,311,438) (1,597,548)
Other operating income (expenses), net 274,731 (280,450) 27,925
Equity accounting 48,153 35,322 32,393
Profit from operations before financial income (expenses) 12,599,621 15,510,460 6,345,980
Financial income/(expenses), net (897,770) (1,867,652) (1,591,996)
Profit before income tax and social contribution 11,701,851 13,642,808 4,753,984
Income and social contribution taxes      
Current (2,742,241) (1,302,648) (1,545,671)
Deferred (497,551) (2,760,597) 315,218
Total Income tax and social contribution (3,239,792) (4,063,245) (1,230,453)
Profit for the year R$ 8,462,059 R$ 9,579,563 R$ 3,523,531
Earnings per share - basic (in reais) R$ 2.48 R$ 2.80 R$ 1.03
Earnings per share - diluted (in reais) R$ 2.47 R$ 2.80 R$ 1.03