Movida Participações (MOVI3) reported on Tuesday, October 13, 2026, its preliminary results for the third quarter of 2026 (3Q26). Net income came to R$ 152.1 million in the period, 117% higher than in 3Q25, representing the company’s highest quarterly result in the last four years.
In 3Q26, total gross revenue reached R$ 4.2 billion. Gross rental revenue was R$ 2.7 billion, a record for Movida, up 19% compared to 3Q25.
EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$ 1.8 billion in 3Q26, an increase of 21% versus 3Q25. EBIT topped the R$ 1.0 billion mark for the second consecutive quarter, at R$ 1.086 billion in the period, up 27% year over year.
The company highlighted that it has been meeting its guidance for the fourth consecutive quarter. Its strategy remains driven by demand in the rent-a-car (RAC) segment, resulting in the sale of 20,100 vehicles in 3Q26, while the Used Cars operation maintained a stable EBITDA margin of 1.1%.
