On Thursday, August 13, 2026, Randoncorp (RAPT3, RAPT4) reported a net loss of R$ 90.5 million in the second quarter of 2026 (2Q26), compared to a loss of R$ 34.9 million in 2Q25. In the same period, consolidated net revenue came to R$ 3.314 billion, a slight increase of 0.9% year over year, while adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$ 440.4 million, with a margin of 13.3%.
The bottom line was mainly impacted by the discontinuation of Delta Global’s operations, recorded as a discontinued operation with a negative effect of R$ 79.6 million in 2Q26, by the negative equity pickup from Addiante, of R$ 37.1 million, and by the increase in the effective tax rate, linked to the non-recognition of deferred tax on tax losses at the parent company. There was also an increase in non-controlling interests, which reached R$ 67.3 million in the quarter.
On the operating front, the company highlighted stable revenue in the annual comparison, supported by the gradual recovery of the truck and semi-trailer markets and by the performance of the replacement market, in addition to efficiency gains in the industrial verticals. Gross profit reached R$ 942.5 million in 2Q26, an 18% increase versus 2Q25, with a gross margin of 28.4%. Consolidated EBITDA totaled R$ 440.4 million, up 19.4% compared to the same quarter of 2025, lifting the EBITDA margin from 11.2% to 13.3%.
In the six months ended June 2026 (1H26), Randoncorp posted net revenue of R$ 6.388 billion, down 1.2% versus 1H25, and adjusted EBITDA of R$ 814.6 million, 2.1% above the previous year, with a margin of 12.8%. The accumulated net loss in 1H26 was R$ 138 million, compared to a loss of R$ 42.6 million in the same period of 2025, while return on invested capital (ROIC) for the last 12 months stood at 5.4%, below the 8.0% recorded a year earlier.
The company also reported a reduction in indebtedness: consolidated net debt ended June 2026 at R$ 5.844 billion, down 28.3% versus June 2025, with leverage of 3.97 times EBITDA for the last 12 months. Excluding Banco Randon, net debt was R$ 4.299 billion, equivalent to 2.91 times EBITDA. Free cash flow, excluding Banco Randon, was a positive R$ 141.3 million in 2Q26, reversing a use of R$ 221.5 million in 2Q25, and the company maintained its 2026 guidance with net revenue between R$ 12.5 billion and R$ 14.0 billion, external market revenue between US$ 780 million and US$ 840 million, adjusted EBITDA margin between 12.5% and 14.0% and organic investments of R$ 380 million to R$ 420 million.
