Trisul (TRIS3) reported net income of R$ 44.937 million in the second quarter of 2026 (2Q26), a decrease of 10.0% compared to the same period in 2025. In the half-year, net income totaled R$ 73.200 million, down 21.2% compared to the first half of 2025.
Gross profit reached R$ 106.293 million in 2Q26, an increase of 19.2% versus 2Q25, with a gross margin of 28.7%. Adjusted gross profit, which considers capitalized interest allocated to cost (SFH interest), was R$ 120.903 million, with an adjusted gross margin of 32.7%. The net margin for the quarter was 12.1%, compared to 17.0% a year earlier.
In commercial operations, consolidated gross sales (100%) totaled R$ 559.563 million in 2Q26, growth of 72.4% compared to 2Q25. Consolidated contracted sales (100%), already net of cancellations, reached R$ 494.555 million, an increase of 70.3% on the same basis of comparison, with 806 units sold in the quarter.
Trisul's total landbank reached R$ 6.8 billion in General Sales Value (GSV) in 2Q26, an increase of 14.2% compared to R$ 6.0 billion in 1Q26, considering on- and off-balance projects. As of June 30, 2026, performing receivables totaled R$ 390.8 million.
In governance and capital events, Jorge Cury Neto became chairman of the Board of Directors and Michel Esper Saad Junior assumed the vice chair, while João Azevedo became CEO. In the quarter, the company paid R$ 100 million in dividends, equivalent to 47% of 2025 net income, fully canceled treasury shares and approved a new share buyback program with a term of up to 18 months.
