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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q