Itaúsa Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,249	8,235	7,383	8,486	8,170
Revenue Growth (YoY)	0.17%	11.54%	-13.00%	3.87%	38.95%
Cost of Revenue	6,239	5,783	5,006	5,611	5,296
Gross Profit	2,010	2,452	2,377	2,875	2,874
Selling, General & Admin	1,745	1,767	1,624	1,668	1,513
Other Operating Expenses	-99	-76	-391	-55	-555
Operating Expenses	1,646	1,691	1,233	1,613	958
Operating Income	364	761	1,144	1,262	1,916
Interest Expense	-1,492	-1,373	-1,569	-1,433	-453
Interest & Investment Income	988	973	970	827	341
Earnings From Equity Investments	17,508	15,369	12,330	11,479	10,397
Currency Exchange Gain (Loss)	-168	-44	-140	-71	-42
Other Non Operating Income (Expenses)	-685	-477	-501	-477	-229
EBT Excluding Unusual Items	16,515	15,209	12,234	11,587	11,930
Gain (Loss) on Sale of Investments	-39	-78	1,526	3,040	1,427
Gain (Loss) on Sale of Assets	115	-	34	-11	-18
Asset Writedown	-125	5	-63	-4	5
Legal Settlements	-57	-65	44	-56	-104
Other Unusual Items	-20	-46	-	-	-
Pretax Income	16,389	15,025	13,775	14,556	13,240
Income Tax Expense	-161	138	-203	402	-51
Earnings From Continuing Operations	16,550	14,887	13,978	14,154	13,291
Minority Interest in Earnings	-63	-109	-512	-480	-1,091
Net Income	16,487	14,778	13,466	13,674	12,200
Net Income to Common	16,487	14,778	13,466	13,674	12,200
Net Income Growth	11.56%	9.74%	-1.52%	12.08%	72.90%
Shares Outstanding (Basic)	11,161	11,063	10,947	10,918	10,920
Shares Outstanding (Diluted)	11,161	11,063	10,947	10,918	10,920
Shares Change (YoY)	0.89%	1.06%	0.27%	-0.02%	-0.04%
EPS (Basic)	1.48	1.34	1.23	1.25	1.12
EPS (Diluted)	1.48	1.34	1.23	1.25	1.12
EPS Growth	10.58%	8.59%	-1.78%	12.11%	72.97%
Free Cash Flow	-765	-742	-965	-1,349	510
Free Cash Flow Per Share	-0.07	-0.07	-0.09	-0.12	0.05
Dividend Per Share	-	0.948	0.827	0.406	0.380
Dividend Growth	-	14.68%	103.32%	7.00%	121.78%
Gross Margin	24.37%	29.78%	32.20%	33.88%	35.18%
Operating Margin	4.41%	9.24%	15.50%	14.87%	23.45%
Profit Margin	199.87%	179.45%	182.39%	161.14%	149.33%
Free Cash Flow Margin	-9.27%	-9.01%	-13.07%	-15.90%	6.24%
EBITDA	1,545	1,937	2,236	2,076	2,603
EBITDA Margin	18.73%	23.52%	30.29%	24.46%	31.86%
D&A For EBITDA	1,181	1,176	1,092	814	687
EBIT	364	761	1,144	1,262	1,916
EBIT Margin	4.41%	9.24%	15.50%	14.87%	23.45%
Effective Tax Rate	-	0.92%	-	2.76%	-
Advertising Expenses	205	196	160	137	144

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.