Cosan 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	Mar '26 Mar 31, 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
Revenue	39,785	40,419	43,951	39,469	39,323	26,093
Revenue Growth (YoY)	-9.11%	-8.04%	11.36%	0.37%	50.70%	27.67%
Cost of Revenue	26,404	27,243	30,236	28,550	30,557	20,263
Gross Profit	13,381	13,176	13,715	10,919	8,766	5,830
Selling, General & Admin	4,394	4,378	4,421	3,879	3,034	2,125
Other Operating Expenses	-2,743	-1,668	1,606	-3,924	-1,752	-382.6
Total Operating Expenses	1,652	2,710	6,027	-45.84	1,282	1,742
Operating Income	11,729	10,465	7,688	10,964	7,484	4,088
Interest Income	-6,751	3,803	4,375	3,379	6,523	10,700
Interest Expense	-7,017	-8,950	-7,637	-11,337	-4,707	-2,528
Other Non-Operating Income (Expense)	-3,749	-13,310	-9,671	2,108	-6,321	-1,288
Total Non-Operating Income (Expense)	-17,517	-18,457	-12,933	-5,851	-4,505	6,884
Pretax Income	-4,118	-7,991	-5,245	5,114	2,653	6,251
Provision for Income Taxes	2,335	2,203	3,191	274.43	-118.4	-445.58
Net Income	-10,571	-9,722	-9,424	1,094	1,176	6,312
Minority Interest in Earnings	2,020	-472.28	1,262	3,790	1,645	384.32
Net Income to Common	-10,571	-9,722	-9,424	1,094	1,176	6,312
Net Income Growth	-	-	-	-6.94%	-81.37%	634.41%
Shares Outstanding (Basic)	673	625	466	467	467	459
Shares Outstanding (Diluted)	665	618	466	469	469	460
Shares Change (YoY)	42.94%	32.64%	-0.64%	-0.01%	1.92%	-0.11%
EPS (Basic)	-14.94	-15.56	-20.64	2.32	2.48	13.76
EPS (Diluted)	-15.14	-15.76	-20.64	2.32	2.48	13.72
EPS Growth	-	-	-	-6.45%	-81.92%	639.51%
Shares Outstanding	979.74	989.86	465.71	466.89	466.66	467.16
Free Cash Flow	5,740	4,567	5,247	4,008	5,441	372.35
Free Cash Flow Growth	25.69%	-12.96%	30.89%	-26.33%	1361.21%	-77.05%
Free Cash Flow Per Share	8.63	7.39	11.27	8.55	11.61	0.81
Dividends Per Share	-	-	0.451	-	0.429	0.803
Dividend Growth	-	-	-	-	-46.61%	211.62%
Gross Margin	33.63%	32.60%	31.20%	27.66%	22.29%	22.34%
Operating Margin	29.48%	25.89%	17.49%	27.78%	19.03%	15.67%
Profit Margin	-21.49%	-25.22%	-19.19%	12.26%	7.17%	25.66%
FCF Margin	14.43%	11.30%	11.94%	10.16%	13.84%	1.43%
EBITDA	12,701	14,356	11,557	14,329	10,498	6,592
EBITDA Margin	31.92%	35.52%	26.29%	36.31%	26.70%	25.26%
EBIT	11,729	10,465	7,688	10,964	7,484	4,088
EBIT Margin	29.48%	25.89%	17.49%	27.78%	19.03%	15.67%
Effective Tax Rate	-56.70%	-27.57%	-60.83%	5.37%	-4.46%	-7.13%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q