On Wednesday, August 12, 2026, Positivo Tecnologia (POSI3) released its results for the second quarter of 2026 (2Q26), reporting gross revenue of R$ 1,127.0 million, an increase of 13.4% compared to 2Q25 and 27.9% versus 1Q26. In the same period, net income was R$ 2.6 million, versus R$ 2.3 million in 2Q25 and a loss of R$ 12.3 million in the immediately preceding quarter, reflecting a higher billing volume above the break-even point.
EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$ 85.9 million in 2Q26, up 16.4% compared to 2Q25 and 23.2% versus 1Q26, with an EBITDA margin of 9.1%, 0.3 percentage point above 2Q25. In the first half of 2026, EBITDA reached R$ 155.5 million, an increase of 22.5% over 1H25, with a margin of 9.3%, 1.2 percentage points higher than in the same period of the previous year.
By segment, gross revenue from Infrastructure, Services and IT Solutions (ISS) reached R$ 605.3 million in 2Q26, up 18.1% vs. 2Q25, driven by servers (R$ 174.3 million, +107.4%), corporate PCs (R$ 103.0 million, +67.8%) and Positivo S+ (R$ 164.0 million, +19.9%). Payment Solutions totaled R$ 156.5 million (+13.8%), while Intelligent Devices – Consumer posted R$ 336.7 million (+8.1%), with highlights for tablets and PCs and a higher share of digital channels.
Net financial result remained negative at R$ 53.5 million in 2Q26, slightly above the R$ 52.7 million a year earlier, driven by financial expenses of R$ 80.7 million and negative foreign exchange variation of R$ 7.9 million. Net debt closed the quarter at R$ 733.3 million, with leverage of 2.1 times EBITDA for the last 12 months, stable versus 2Q25 and 1Q26, after a reduction of R$ 77.6 million in gross debt over 12 months and operating cash consumption of R$ 18.8 million in the quarter due to higher inventories and advance payments to international suppliers.
For 2026, the company reaffirmed its guidance for gross revenue between R$ 4.0 billion and R$ 4.2 billion, citing as risk factors the global rise in memory and other component prices and cost pressures on PCs and servers, especially in contracts with public institutions. The projection incorporates continued growth in IT infrastructure, including servers, Hardware as a Service (HaaS) models and managed IT services, in addition to the expansion of the Payment Solutions unit.
