Business · Companies · 3 hrs ago
Totvs reports 8.8% rise in adjusted third-quarter profit
Totvs reported adjusted net profit of R$237.2 million for the third quarter of 2026, up 8.8% from a year earlier.
The Brazilian company said consolidated revenue rose 13.2% to R$1.977 billion.
Adjusted EBITDA, a measure of operating earnings, grew 16.9% to R$500.9 million.
Recurring revenue reached R$1.837 billion, while annualized recurring revenue stood at R$7.951 billion.
The adjusted net margin fell to 12%, which Totvs linked to higher financial leverage after issuing debt to pay for its acquisition of Linx and to lower cash holdings following share buybacks.
Net debt reached R$3.1 billion at the end of September, compared with net cash of R$2.789 billion at the end of June.
Totvs reported adjusted net profit of R$237.2 million for the third quarter of 2026, up 8.8% from a year earlier.
Net revenue rose 13.2% year on year to R$1.977 billion.
Adjusted EBITDA increased 16.9% to R$500.9 million, with an adjusted EBITDA margin of 25.3%.
The company said its adjusted net margin fell to 12% because of financial leverage linked to debentures issued to pay for the Linx acquisition and lower invested cash after share buybacks.
Totvs ended September with net debt of R$3.1 billion, compared with net cash of R$2.789 billion at the end of June.
- Who
- Totvs.
- What
- It reported adjusted third-quarter net profit of R$237.2 million, up 8.8% year on year.
- When
- The third quarter of 2026; the report was published on November 5, 2026.
- Where
- Not stated.
- Why
- The company said its adjusted net margin fell because of financial leverage linked to debentures issued to pay for the Linx acquisition and lower invested cash after share buybacks.
This story does not have two clearly opposing sides.
Totvs had net cash of R$2.789 billion.
Totvs reported adjusted net profit of R$237.2 million and ended September with net debt of R$3.1 billion.
CNN Brasil published its report on Totvs's third-quarter results.
- Adjusted net profit
- R$237.2 million
- Year-on-year profit increase
- 8.8%
- Net revenue
- R$1.977 billion
- Adjusted EBITDA
- R$500.9 million
- Annual recurring revenue
- R$7.951 billion
- Net debt at end of September
- R$3.1 billion