On Wednesday, August 12, 2026, Vittia (VITT3) reported a net loss of R$ 17.9 million in the second quarter of 2026 (2Q26), compared to a net loss of R$ 21.2 million in 2Q25. In the period, net revenue totaled R$ 114.0 million, up 15.1% from the same quarter of 2025, while adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was negative at R$ 16.8 million, versus a negative R$ 20.8 million in 2Q25.
In the first half of 2026 (1H26), net revenue came to R$ 236.0 million, a slight drop of 0.4% compared to 1H25. Gross profit was R$ 52.9 million, down 5.9% versus the same period of the previous year, with gross margin falling from 23.7% to 22.4%. Adjusted net result was a negative R$ 23.3 million in 1H26, practically stable compared to the negative R$ 23.1 million in 1H25, while adjusted EBITDA was negative at R$ 17.4 million, versus a negative R$ 13.9 million in 1H25.
By segment, in 2Q26 Vittia reported revenue of R$ 63.9 million in Soil Fertilizers, an increase of 30.0% compared to 2Q25, and R$ 18.4 million in Foliar Fertilizers and Industrial Products, a drop of 30.1% on the same comparison. The Biological and Natural Solutions division posted revenue of R$ 31.8 million in the quarter, an increase of 34.5% compared to 2Q25. In 1H26, these lines totaled, respectively, R$ 90.0 million (+15.0%), R$ 68.1 million (-19.9%) and R$ 77.9 million (+5.7%).
Cash generation from operating activities reached R$ 102.6 million in 1H26, growth of 42.3% compared to 1H25. As a result, net debt ended the half at R$ 96.4 million, a reduction of 16.3% compared to the R$ 115.2 million recorded in the same period of 2025, resulting in leverage of 0.86x, measured by the net debt/adjusted EBITDA ratio for the last 12 months. Gross debt totaled R$ 202.3 million in 1H26, an increase of 13.1% versus 1H25.
In the capital markets, the company reported that at the end of 2Q26, share VITT3 was trading at R$ 3.26, corresponding to a market capitalization of R$ 513.7 million, down 21.2% from the previous quarter. In 1H26, R$ 25.5 million was paid out in distributions in the form of IOC (Interest on Equity) and R$ 16.1 million was disbursed in share buybacks, considering the 5th and 6th share buyback programs. Over the last 12 months, Vittia allocated R$ 59.8 million to shareholders, of which R$ 37.0 million in distributions and R$ 22.8 million in buybacks.
