v3.26.1
INCOME TAX AND CONTRIBUTION - Schedule of Reconciliation of the Effective Income Tax Rate (Details) - BRL (R$)
R$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]        
Profit (loss) before income tax and social contribution R$ (1,400,670) R$ 1,468,007 R$ (2,893,801) R$ 3,121,643
Combined nominal tax rate 34.00% 34.00% 34.00% 34.00%
Taxes calculated at nominal rates R$ 476,228 R$ (499,122) R$ 983,892 R$ (1,061,359)
Adjustments to determine the effective rate        
Unrecorded and recorded benefit no tax losses and temporary differences (1,838,095) 41,434 5,965,235 552,039
Mark to market of convertible instruments 0 482,010 0 549,158
Permanent differences 920,717 (24,334) 341,387 (39,871)
Rate differential 510,930 0 223,005 0
Others (69,780) 0 8 6
Total income tax and social contribution expenses 0 (12) 7,513,527 (27)
Current income tax and social contribution 0 (12) (1,877) (27)
Deferred income tax and social contribution 0 0 7,515,404 0
Income tax and social contribution credit R$ 0 R$ (12) R$ 7,513,527 R$ (27)
Effective rate 0.00% 0.00% (260.00%) 0.00%