Revenue by Geography

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Domestic Market Revenue	16.93B	16.34B	15.31B
Domestic Market Revenue Growth	3.59%	6.72%	3.01%
North America Revenue	11.72B	10.48B	8.09B
North America Revenue Growth	11.84%	29.44%	15.99%
South and Central America Revenue	2.19B	2.17B	2.02B
South and Central America Revenue Growth	0.71%	7.43%	16.60%
Europe Revenue	5.75B	5.14B	4.45B
Europe Revenue Growth	12.00%	15.47%	18.13%
Africa Revenue	1.45B	1.38B	1.15B
Africa Revenue Growth	5.16%	20.21%	16.71%
Asia-Pacific Revenue	2.93B	2.48B	1.48B
Asia-Pacific Revenue Growth	18.05%	67.61%	-6.27%
Total External Market Revenue	24.04B	21.65B	17.19B
Total External Market Revenue Growth	11.05%	25.91%	14.30%

Revenue

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Brazil - Industry Revenue	18.22B	16.90B	15.65B
Brazil - Industry Revenue Growth	7.80%	8.00%	-3.71%
Brazil - Energy Revenue	6.31B	7.01B	6.40B
Brazil - Energy Revenue Growth	-9.96%	9.53%	11.46%
Foreign Revenue	34.69B	30.73B	24.74B
Foreign Revenue Growth	12.88%	24.19%	7.53%
Eliminations from Revenue	-18.25B	-16.65B	-14.29B

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Brazil - Industry Income Before Taxes	9.15B	8.55B	8.26B
Brazil - Industry Income Before Taxes Growth	7.03%	3.51%	18.00%
Brazil - Energy Income Before Taxes	4.71B	4.79B	4.57B
Brazil - Energy Income Before Taxes Growth	-1.57%	4.66%	84.07%
Foreign Income Before Taxes	7.15B	5.86B	6.01B
Foreign Income Before Taxes Growth	22.08%	-2.60%	49.92%
Eliminations from Income Before Taxes	-12.73B	-11.29B	-12.26B

Updated Jun 30, 2025. Data Source: Fiscal.ai.