Suzano 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	50,116	47,403	39,756	49,831	40,965
Revenue Growth (YoY)	5.72%	19.24%	-20.22%	21.64%	34.49%
Cost of Revenue	33,890	27,402	25,077	24,821	20,616
Gross Profit	16,226	20,002	14,679	25,010	20,350
Selling, General & Admin	6,103	5,561	4,524	4,195	3,870
Other Operating Expenses	41.13	-144.22	-589.36	-82.2	-30.04
Operating Expenses	6,144	5,416	3,934	4,113	3,840
Operating Income	10,082	14,585	10,745	20,897	16,510
Interest Expense	-6,249	-4,985	-4,146	-4,152	-3,857
Interest & Investment Income	1,584	1,598	1,668	818.78	205.57
Earnings From Equity Investments	-409.21	-13.85	-19.38	284.37	51.91
Currency Exchange Gain (Loss)	8,384	-17,728	4,186	3,949	-4,847
Other Non Operating Income (Expenses)	6,043	-7,687	4,073	5,817	-588.69
EBT Excluding Unusual Items	19,435	-14,231	16,506	27,614	7,475
Gain (Loss) on Sale of Assets	-386.4	-163.03	-331.29	-0.51	413.05
Asset Writedown	1,516	1,432	1,990	1,200	763.09
Legal Settlements	-153.99	-148.95	-167.56	-157.57	441.88
Other Unusual Items	-	-	-	-	-260.29
Pretax Income	20,411	-13,111	17,997	28,656	8,833
Income Tax Expense	6,973	-6,066	3,891	5,261	197.43
Earnings From Continuing Operations	13,438	-7,045	14,106	23,395	8,636
Minority Interest in Earnings	-29.5	-29.49	-21.53	-13.27	-9.15
Net Income	13,408	-7,074	14,085	23,382	8,626
Net Income to Common	13,408	-7,074	14,085	23,382	8,626
Net Income Growth	-	-	-39.76%	171.05%	-
Shares Outstanding (Basic)	1,237	1,265	1,297	1,330	1,349
Shares Outstanding (Diluted)	1,240	1,265	1,298	1,331	1,350
Shares Change (YoY)	-1.98%	-2.53%	-2.47%	-1.41%	0.02%
EPS (Basic)	10.84	-5.59	10.86	17.58	6.39
EPS (Diluted)	10.82	-5.59	10.85	17.57	6.39
EPS Growth	-	-	-38.24%	174.92%	-
Free Cash Flow	5,660	4,233	-136.66	6,892	11,679
Free Cash Flow Per Share	4.57	3.35	-0.10	5.18	8.65
Dividend Per Share	1.117	2.017	1.163	-	1.334
Dividend Growth	-44.65%	73.41%	-	-	-
Gross Margin	32.38%	42.20%	36.92%	50.19%	49.68%
Operating Margin	20.12%	30.77%	27.03%	41.94%	40.30%
Profit Margin	26.75%	-14.92%	35.43%	46.92%	21.06%
Free Cash Flow Margin	11.29%	8.93%	-0.34%	13.83%	28.51%
EBITDA	20,995	23,460	17,745	28,103	23,389
EBITDA Margin	41.89%	49.49%	44.63%	56.40%	57.09%
D&A For EBITDA	10,913	8,875	7,000	7,206	6,879
EBIT	10,082	14,585	10,745	20,897	16,510
EBIT Margin	20.12%	30.77%	27.03%	41.94%	40.30%
Effective Tax Rate	34.16%	-	21.62%	18.36%	2.23%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.