Vibra Energia (VBBR3) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026 reached R$ 105.4 billion, up from R$ 90.5 billion year-over-year, with net income of R$ 3.97 billion, a significant increase from R$ 916 million in the prior year period.

• Gross profit for the six-month period was R$ 8.18 billion, up from R$ 4.23 billion year-over-year, driven by higher sales volumes and improved margins.

• Adjusted EBITDA for the period was R$ 7.7 billion, compared to R$ 3.5 billion in the prior year, reflecting strong operational performance across all segments.

Financial highlights

• Consolidated cash and cash equivalents increased to R$ 5.78 billion as of June 30, 2026, from R$ 3.65 billion at year-end 2025.

• Net accounts receivable rose to R$ 9.55 billion, and inventory increased to R$ 7.62 billion, reflecting higher business activity.

• Total assets reached R$ 65.8 billion, with equity attributable to owners at R$ 23.5 billion.

• Net debt decreased to R$ 16.1 billion from R$ 19.2 billion at year-end 2025.

• Basic earnings per share for the six-month period were R$ 3.31, up from R$ 0.82 year-over-year.

Outlook and guidance

• Management continues to focus on disciplined capital allocation, operational efficiency, and risk management.

• The company expects to maintain strong liquidity and leverage ratios, supported by robust cash flow generation.

• No material impact from global minimum tax (Pillar Two) is expected for the current period.