In its preliminary operating results for the third quarter of 2026 (3Q26), released on Tuesday, October 20, 2026, Helbor Empreendimentos (HBOR3) reported that total sales PSV reached R$ 356.5 million, down 25.6% compared to 3Q25 and up 5.3% versus 2Q26. Helbor’s share in total gross sales was 67%, with R$ 209.9 million recognized in consolidated results and R$ 29.1 million via equity income.
In the year to September 2026 (9M26), total sales PSV came to R$ 1.1 billion, a 28.7% decrease compared to the same period in 2025. In this interval, Helbor’s share was 60.4%, with R$ 583.5 million recognized in consolidated results and R$ 90.1 million via equity income. The Sales Speed (VSO, the proportion of inventory sold in the period) totaled 12.1% in 3Q26 and 32.4% in 9M26.
In terms of launches, Helbor started two projects in 3Q26, totaling net PSV of R$ 70.8 million, of which 78% corresponds to the company’s stake. Year to date, four projects have been launched with net PSV of R$ 540.5 million, of which R$ 208.4 million is attributable to Helbor.
Contract cancellations (distratos) in 3Q26 totaled R$ 52.0 million, equivalent to 91 units, a 56% drop compared to 3Q25, with 70% related to Helbor’s stake. According to the company, 100% of these units were resold in the same quarter, with an average price gain of 8% over the original sale value. In 9M26, cancellations totaled R$ 241.1 million, corresponding to 316 units, also fully resold in the period, an amount 38% lower than in 9M25.
At the end of 3Q26, Helbor’s landbank totaled potential gross PSV of R$ 11.2 billion, of which 67% corresponds to the company’s stake. In the quarter, total transfers reached R$ 176.0 million, of which R$ 138.8 million in the consolidated figures, R$ 34.6 million via equity income and R$ 3.1 million related to swaps, while deliveries of two projects totaled net PSV of R$ 235.4 million, with a 41% stake held by Helbor.
