In the preliminary operating results for the third quarter of 2026 (3Q26), released on Wednesday, October 14, 2026, Direcional Engenharia (DIRR3) reported net sales of R$ 1.3 billion, considering the total General Sales Value (VGV) of the projects. In the accumulated result for the first nine months of 2026 (9M26), net sales totaled R$ 4.5 billion.
In 3Q26, Direcional’s launch VGV reached R$ 1.4 billion, of which R$ 1.1 billion corresponds to the company’s share, distributed across 10 projects. In the nine-month period ended in September 2026, launches totaled R$ 4.4 billion in VGV (R$ 3.5 billion % Company).
Operational cash generation, which excludes the effects of asset monetizations and changes in retained balances awaiting registry office recording, was R$ 228 million in 3Q26. From the standpoint of accounting cash generation, Direcional reported generation of R$ 10 million in the quarter and notes that, when considering around R$ 56 million in transfers already executed but received only at the beginning of October, this metric would have reached R$ 66 million.
At the end of 3Q26, Direcional’s VGV in inventory was R$ 5.7 billion (R$ 4.5 billion % Company), equivalent to 14.6 thousand units, of which approximately 3% refer to completed units. The landbank totaled a potential VGV of R$ 61.6 billion (R$ 56.8 billion % Company), with development potential for around 243 thousand units.
During 3Q26, the company acquired 10 plots of land, with potential VGV of R$ 2.6 billion (R$ 2.5 billion % Company), corresponding to approximately 7.8 thousand units. Direcional also reports that the October launch schedule already includes seven new products.
