On Thursday, August 6, 2026, Localiza (RENT3) reported net income of R$ 1.003 billion in 2Q26, an increase of 30.6% compared to adjusted net income of R$ 768.2 million in 2Q25. Consolidated net revenue reached R$ 12.327 billion in the quarter, up 24.5% from the same period of the previous year, totaling R$ 5.150 billion in rentals and R$ 7.177 billion in Seminovos.
Consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) came to R$ 3.755 billion in 2Q26, an increase of 14.1% compared to 2Q25, while EBIT totaled R$ 2.325 billion, an advance of 15.1% on the same basis of comparison. The EBITDA margin of the car rental segment reached 67.6%, and the fleet management margin was 75.6% in the quarter.
In the Car Rental division, net revenue was R$ 2.736 billion in 2Q26, an increase of 11.2% over 2Q25, supported by a 6.8% increase in the number of daily rentals and a 3.7% increase in the average daily rate, which reached R$ 154.44. In Fleet Management, net revenue reached R$ 2.379 billion, 5.8% above 2Q25, with an average daily rate of R$ 108.56 and a utilization rate of 96.7%.
In Seminovos, Localiza sold 92,043 vehicles in Brazil in 2Q26, compared to 68,901 units in 2Q25, which led the division’s net revenue to R$ 7.144 billion, growth of 39.0% year over year. The Seminovos EBITDA margin in the country was 1.9% in the quarter, slightly above the 1.6% recorded in 2Q25, with gross profit of R$ 517.3 million.
As of June 30, 2026, the company’s net debt stood at R$ 32.352 billion, an increase of 4.2% compared to the end of 2025, with cash of R$ 11.390 billion, enough to cover short-term debt and obligations to automakers. In 1H26, the ROIC (return on invested capital) spread was 6.1 percentage points above the after-tax cost of debt, and the board of directors approved in the quarter the payment of R$ 591.1 million in JCP (interest on equity), based on the shareholder position as of June 26, 2026.
