TOTVS S.A. (BVMF:TOTS3)
Brazil · Delayed Price · Currency is BRL 32.67
-1.18 (-3.49%)
Nov 10, 2026, 3:51 PM GMT-3
TOTVS Income Statement
Financials in millions BRL. Fiscal year is January - December.
Millions BRL. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 7,104 | 5,772 | 4,915 | 4,440 | 3,793 | 2,977 | |
Revenue Growth | 32.63% | 17.44% | 10.68% | 17.07% | 27.40% | 14.69% |
Cost of Revenue | 2,062 | 1,716 | 1,459 | 1,304 | 1,145 | 918.85 |
Gross Profit | 5,042 | 4,056 | 3,456 | 3,136 | 2,648 | 2,058 |
Selling, General & Admin | 2,315 | 1,884 | 1,653 | 1,491 | 1,274 | 975.34 |
Research & Development | 1,288 | 1,005 | 877.33 | 844.76 | 719.81 | 559.36 |
Other Operating Expenses | 2.46 | 15.47 | 56.07 | 66.01 | -4.57 | -8.24 |
Operating Expenses | 3,714 | 2,964 | 2,641 | 2,438 | 1,989 | 1,526 |
Operating Income | 1,328 | 1,091 | 815.43 | 697.5 | 658.27 | 532.01 |
Interest Expense | -563.17 | -261.97 | -204.33 | -237.3 | -239.22 | -86.95 |
Interest & Investment Income | 309.42 | 254.77 | 205.58 | 329.95 | 345.88 | 85.81 |
Earnings From Equity Investments | -2.7 | 11.42 | -1.57 | 3.2 | -0.44 | -0.53 |
Currency Exchange Gain (Loss) | -6.15 | -3.1 | 2.96 | -0.27 | 1.25 | -0.15 |
Other Non Operating Income (Expenses) | -37.63 | -70.44 | -96.76 | -109.79 | -87.39 | -52.91 |
EBT Excluding Unusual Items | 1,028 | 1,022 | 721.3 | 683.29 | 678.34 | 477.28 |
Merger & Restructuring Charges | -0.74 | -0.74 | - | - | - | - |
Gain (Loss) on Sale of Investments | 2.53 | 2.53 | -11.01 | - | -4.69 | 1.16 |
Gain (Loss) on Sale of Assets | - | - | 24.94 | - | - | - |
Other Unusual Items | 39.37 | 18.33 | 24.2 | - | -12.06 | 1.09 |
Pretax Income | 1,069 | 1,042 | 759.43 | 683.29 | 661.6 | 479.53 |
Income Tax Expense | 175.86 | 200.26 | 73.51 | 146.62 | 141.2 | 84.81 |
Earnings From Continuing Operations | 892.88 | 841.72 | 685.93 | 536.67 | 520.39 | 394.72 |
Earnings From Discontinued Operations | 556.41 | 79.02 | 49.52 | 227.77 | 2.91 | -20.68 |
Net Income to Company | 1,449 | 920.74 | 735.44 | 764.44 | 523.3 | 374.04 |
Minority Interest in Earnings | -29 | -29 | -17.93 | -29.62 | -25.17 | -5.55 |
Net Income | 1,420 | 891.74 | 717.51 | 734.82 | 498.14 | 368.49 |
Net Income to Common | 1,420 | 891.74 | 717.51 | 734.82 | 498.14 | 368.49 |
Net Income Growth | 74.98% | 24.28% | -2.35% | 47.51% | 35.18% | 24.93% |
Shares Outstanding (Basic) | 580 | 587 | 595 | 604 | 607 | 580 |
Shares Outstanding (Diluted) | 592 | 598 | 605 | 613 | 616 | 588 |
Shares Change | -1.02% | -1.12% | -1.35% | -0.39% | 4.76% | 2.22% |
EPS (Basic) | 2.45 | 1.52 | 1.21 | 1.22 | 0.82 | 0.64 |
EPS (Diluted) | 2.40 | 1.49 | 1.19 | 1.20 | 0.81 | 0.63 |
EPS Growth | 76.79% | 25.69% | -1.02% | 48.09% | 29.04% | 22.22% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 999.11 | 1,043 | 915.71 | 828.85 | 814.62 | 481 |
Free Cash Flow Per Share | 1.69 | 1.74 | 1.51 | 1.35 | 1.32 | 0.82 |
Dividend Per Share | 0.320 | 0.610 | 0.450 | 0.440 | 0.310 | 0.220 |
Dividend Growth | -51.52% | 35.56% | 2.27% | 41.94% | 40.91% | -15.38% |
Gross Margin | 70.98% | 70.26% | 70.32% | 70.62% | 69.80% | 69.14% |
Operating Margin | 18.69% | 18.91% | 16.59% | 15.71% | 17.36% | 17.87% |
Profit Margin | 19.99% | 15.45% | 14.60% | 16.55% | 13.13% | 12.38% |
Free Cash Flow Margin | 14.06% | 18.08% | 18.63% | 18.67% | 21.48% | 16.16% |
EBITDA | 1,460 | 1,274 | 979.88 | 832.03 | 773.4 | 624.32 |
EBITDA Margin | 20.55% | 22.08% | 19.94% | 18.74% | 20.39% | 20.97% |
D&A For EBITDA | 132.3 | 183.25 | 164.46 | 134.53 | 115.14 | 92.31 |
EBIT | 1,328 | 1,091 | 815.43 | 697.5 | 658.27 | 532.01 |
EBIT Margin | 18.69% | 18.91% | 16.59% | 15.71% | 17.36% | 17.87% |
Effective Tax Rate | 16.46% | 19.22% | 9.68% | 21.46% | 21.34% | 17.69% |