BrasilAgro Companhia Brasileira de Propriedades Agrícolas
Logotype for BrasilAgro Companhia Brasileira de Propriedades Agrícolas

BrasilAgro Companhia Brasileira de Propriedades Agrícolas (AGRO3) investor relations material

BrasilAgro Companhia Brasileira de Propriedades Agrícolas Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for BrasilAgro Companhia Brasileira de Propriedades Agrícolas
Q2 2026 earnings summary6 Feb, 2026

Executive summary

  • Net revenue for the first six months of 2026 was R$470.3 million, with adjusted EBITDA at R$71.3 million and a net loss of R$61.8 million, mainly due to lower sugarcane contribution and higher financial costs, partially offset by strong grain and cotton performance and strategic inventory sales.

  • Net sales revenue decreased 19% year-over-year, and net revenue dropped 27% compared to the same period last year, despite a 3% increase in net operating revenue.

  • Operational efficiency improved through telemetrics and investments in land transformation and irrigation, aiming for margin recovery.

  • Weather was irregular but manageable, with good crop development in key regions and a focus on technological advancements.

  • The company published a Sustainability Report highlighting ESG progress.

Financial highlights

  • Adjusted EBITDA for 6M26 was R$71.3 million, down 64% year-over-year, with an adjusted EBITDA margin of 14-15% and a net income margin of -13%.

  • Net sales revenue for 6M26 was R$494.0 million, a 3% increase year-over-year, but total gross income dropped 94% to R$11.0 million due to the absence of farm sale gains and lower sugarcane performance.

  • Receivables from farm sales totaled approximately R$120 million, with over 5.5 million sacks outstanding.

  • Farm sales contributed R$129.3 million in revenue, but no farm sale gains were recorded in 6M26 compared to R$107.9 million in 6M25.

  • Margins for soy remained around 27-29%, corn improved to 17%, and cotton margins were low at 6-8%.

Outlook and guidance

  • The 2025/26 crop season is developing under more balanced conditions, supporting expectations of improved productivity and margin recovery in the second half.

  • Planted area for 2025/26 is projected at 169,858 hectares, down 2% from the previous estimate, with reductions in soybean and second-crop bean acreage.

  • Production estimates for 2025/26: soybeans 249,640 tons, corn 67,276 tons, and sugarcane 2.1 million tons.

  • Not optimistic about short-term sugarcane and ethanol prices, but anticipate sector recovery in the next two to three cycles.

  • Soy and corn sales strategies are focused on capturing premiums and managing volatility, with a significant portion of soy already sold at favorable prices.

What drives 2026 sugarcane recovery?
Low NPK/Phosphate input purchase strategy?
Given high rates, how is CAPEX prioritized?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next BrasilAgro Companhia Brasileira de Propriedades Agrícolas earnings date

Logotype for BrasilAgro Companhia Brasileira de Propriedades Agrícolas
Q3 20268 May, 2026
BrasilAgro Companhia Brasileira de Propriedades Agrícolas
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next BrasilAgro Companhia Brasileira de Propriedades Agrícolas earnings date

Logotype for BrasilAgro Companhia Brasileira de Propriedades Agrícolas
Q3 20268 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage