Sabesp's results fall in the quarter under interest and debt pressure
The company records a drop in net income for the period while EBITDA increases by almost thirty percent.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN
Sabesp (SBSP3) reported its financial statement to the market, revealing that consolidated net profit for the third quarter of 2026 fell 35.7%, reaching R$1.388 billion, according to data collected by Money Times. According to the same vehicle, the company's adjusted net profit fell 13.8%, closing at R$1.107 billion on the same basis of comparison.
According to Money Times, the retraction observed in the final result was attributed to higher interest expenses, the company's debt and the basis of comparison with court orders of R$1.5 billion that entered in the third quarter of 2025. Complementing the data, InfoMoney pointed out that the amount of R$1.284 billion corresponded to the company's adjusted net profit in the months of July to September of the previous year.
Still on the company's financial structure, InfoMoney reported that net financial expenses rose 74% in the period analyzed, jumping to R$1.31 billion. The newspaper also clarified that Sabesp's adjusted account disregards EMAE, the construction margin, the financial asset and extraordinary impacts.
In contrast to the decline in profit, the company's operations showed strength in operating cash generation. Money Times highlighted that the reported consolidated Ebitda increased 29.7% in the third quarter of 2026, reaching R$3.982 billion, with a consolidated Ebitda margin that reached 39%. Additionally, adjusted Ebitda grew 13.8% in the period, totaling R$3.648 billion.
What changes for the investor
Sabesp's balance sheet brings mixed signals to those who follow the sanitation sector on the stock exchange. The expansion of almost thirty percent in consolidated Ebitda demonstrates the operational robustness of the business, reflecting efficiencies in the provision of services. On the other hand, the 74 percent jump in net financial expenses and the drop in net profit highlight the weight of debt and interest costs, crucial components for the analysis of corporate leverage and return on capital employed.
Automatically translated from Portuguese.
