Gafisa S.A. (BVMF:GFSA3)

Gafisa Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27.41	17.65	8.95	12.32	23.01	35.42
Short-Term Investments	-	1.39	334.58	384.68	560.76	-
Trading Asset Securities	1.39	-	-	-	-	417.41
Cash & Short-Term Investments	28.8	19.04	343.53	397	583.77	452.84
Cash Growth	-81.62%	-94.46%	-13.47%	-31.99%	28.91%	-27.21%
Accounts Receivable	963.52	873.59	812.76	712.04	679.55	425.51
Other Receivables	204.14	55.9	41.74	271.18	158.05	182.53
Receivables	1,168	929.49	854.49	983.21	837.6	608.04
Inventory	1,179	1,172	1,462	1,737	2,539	1,680
Prepaid Expenses	0.43	17.87	16.53	4.85	1.86	1.59
Other Current Assets	152.07	370.66	520.29	382.75	7.05	166.99
Total Current Assets	2,528	2,509	3,197	3,505	3,969	2,909
Property, Plant & Equipment	14.18	16.92	21.94	20.37	27.18	44.03
Long-Term Investments	570.78	566.38	635.65	443.44	589.91	672.9
Goodwill	-	-	-	-	-	161.27
Other Intangible Assets	21.3	21.45	22.3	187.78	190.24	6.54
Long-Term Accounts Receivable	303.79	330.4	258.23	86.56	68.33	116.22
Other Long-Term Assets	1,291	1,284	1,167	883.21	641.73	812.06
Total Assets	4,729	4,728	5,302	5,126	5,487	4,722

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	143.22	121.42	88.27	48.7	3.81	55.37
Accrued Expenses	14.95	9.56	6.49	8.09	7.85	24.4
Current Portion of Long-Term Debt	930.25	971.98	1,290	985.66	743.09	412
Current Income Taxes Payable	223.84	220.76	121.43	72.88	73.25	87.02
Other Current Liabilities	608.84	687.27	618.91	915.07	1,058	788.83
Total Current Liabilities	1,926	2,011	2,125	2,030	1,886	1,368
Long-Term Debt	692.11	631.94	594.11	847.88	1,247	1,171
Long-Term Deferred Tax Liabilities	61.46	61.34	132.31	116.47	92.44	86.7
Other Long-Term Liabilities	515.71	486.59	499.35	424.33	487.86	280.59
Total Liabilities	3,195	3,191	3,350	3,419	3,714	2,906

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,215	2,145	1,702	1,416	1,253	1,249
Retained Earnings	-669.89	-624.25	-75.62	91.83	287.14	370.31
Treasury Stock	-2.63	-2.63	-2.63	-2.63	-2.63	-2.63
Comprehensive Income & Other	-9.23	18.77	327.84	200.97	234.65	199
Total Common Equity	1,533	1,537	1,951	1,706	1,772	1,815
Minority Interest	0.03	0.03	0.81	0.96	0.8	0.7
Shareholders' Equity	1,533	1,537	1,952	1,707	1,773	1,816
Total Liabilities & Equity	4,729	4,728	5,302	5,126	5,487	4,722

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,627	1,604	1,884	1,834	1,990	1,583
Net Cash (Debt)	-1,470	-1,585	-1,540	-1,437	-1,406	-1,131
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-118.28	-197.59	-331.41	-483.61	-751.43	-680.45
Filing Date Shares Outstanding	24.51	11.16	5.8	3.16	2.56	1.87
Total Common Shares Outstanding	24.51	11.16	5.8	3.16	2.56	1.87
Working Capital	601.7	497.83	1,072	1,475	2,083	1,542
Book Value Per Share	62.54	137.72	336.69	539.69	693.49	969.14
Tangible Book Value	1,512	1,516	1,929	1,519	1,582	1,647
Tangible Book Value Per Share	61.67	135.80	332.84	480.30	619.04	879.55
Machinery	-	-	-	-	-	1.64
Leasehold Improvements	-	-	-	-	-	6.64
Order Backlog	-	453.96	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 23, 2026

Data Sources Report a data error