On Thursday, August 13, 2026, Priner (PRNR3) reported that it closed the second quarter of 2026 (2Q26) with adjusted net income of R$ 8.0 million, an increase of 8.9% compared to 2Q25. Net revenue totaled R$ 462.6 million in the period, growth of 27.8% on the same annual comparison.
Adjusted operating income reached R$ 43.7 million in 2Q26, an increase of 57.0% versus 2Q25 and 36.3% compared to adjusted 1Q26, with an adjusted operating margin of 9.4%. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) came to R$ 72.2 million, up 77.9% over 2Q25, with a margin of 15.6%.
On the operating side, Priner highlighted that the quarter marked the resumption of its growth trajectory, with net revenue 9.8% above 1Q26. Steel & Mining accounted for R$ 193.0 million, up 70.6% versus 2Q25, while Oil & Gas totaled R$ 172.2 million, practically stable (+1.1%) year over year. The Others line recorded R$ 97.4 million, an increase of 24.2% in the same comparison.
Net financial result was an expense of R$ 35.3 million in 2Q26, 69.8% higher than in 2Q25, mainly driven by higher debenture interest, which rose from R$ 7.8 million to R$ 14.8 million after the 3rd and 4th issuances in 2026. As a result, net debt closed the quarter at R$ 745.6 million, and the Net Debt/EBITDA ratio for the last 12 months stood at 2.27x.
In terms of return, adjusted ROIC (return on invested capital) ended 2Q26 at 14.1%, compared to 18.0% in 2Q25, reflecting 29.1% growth in adjusted NOPAT for the last 12 months, to R$ 162.7 million, versus a 65.0% increase in invested capital, to R$ 1,154.2 million, mainly driven by the acquisition of SEMEP and the investment cycle in mining operations.
