Quarterly ResultMay 8, 2026, 07:07 AM
BrasilAgro Reports 9M26 Net Loss R$76.1M; Adj. EBITDA Down 78%
AI Summary
BrasilAgro reported a net loss of R$76.1 million for the nine months ended March 31, 2026 (9M26), a significant decline from a net income of R$76.7 million in the prior year. Adjusted EBITDA for 9M26 decreased 78% to R$42.8 million, while Net Revenue fell 27% to R$637.3 million, reflecting a challenging market with high volatility, fluctuating commodity prices, and elevated interest rates. Despite the financial downturn, the company executed strategic actions including the sale of part of Fazenda Morotí for US$1.5 million and maintained a disciplined hedging strategy for its crops and foreign exchange exposure.
Key Highlights
- 9M26 Net Loss was R$76.1 million, compared to a net income of R$76.7 million in 9M25.
- 9M26 Adjusted EBITDA decreased 78% to R$42.8 million from R$195.3 million in 9M25.
- 9M26 Net Revenue fell 27% to R$637.3 million from R$870.5 million in 9M25.
- Revenues from Farm Sales for 9M26 decreased 97% to R$4.1 million.
- Sold 921 hectares of Fazenda Morotí for US$1.5 million, generating a gain of US$1,306 per arable hectare.
- Soybean net revenue for 9M26 increased 3% to R$277.4 million.
- Sugarcane net revenue for 9M26 decreased 31% to R$164.1 million.
- 82% of the 2025/26 soybean crop was hedged at an average price of USD 10.85/bu.