In the preliminary results for the third quarter of 2026 (3Q26), Grupo Vamos (VAMO3) reported consolidated net revenue of R$ 1,594.3 million, an increase of 4.3% compared to 3Q25 and of 1.9% versus 2Q26. In the first nine months of 2026 (9M26), consolidated net revenue reached R$ 4,778.8 million, up 11.8% over 9M25.
Rental revenue totaled R$ 1,156.4 million in 3Q26, growth of 11.5% year over year and of 6.4% compared to the immediately preceding quarter, amounting to R$ 3,297.0 million in 9M26, 10.0% above 9M25. Asset sales reached R$ 310.3 million in the quarter, a drop of 20.9% versus 3Q25 and of 15.0% compared to 2Q26, while industrial revenue was R$ 127.5 million, an increase of 28.2% over 3Q25 and of 13.5% versus 2Q26.
Contracted capex totaled R$ 1,179.9 million in 3Q26, up 42.1% compared to 3Q25 and down 11.1% versus 2Q26, reaching R$ 3,345.1 million in 9M26, growth of 26.6% over 9M25. Implemented capex was R$ 965.0 million in the quarter, an increase of 9.2% year over year and of 25.2% versus 2Q26, totaling R$ 2,497.1 million year to date, a decline of 3.8% compared to the same period of 2025.
Contract extensions reached R$ 482.9 million in 3Q26, growth of 200.1% compared to 3Q25 and of 136.6% versus 2Q26. In 9M26, the accumulated amount of R$ 970.1 million corresponded to 129% of the midpoint of the 2026 guidance (projection), of R$ 750 million, and 108% of the upper limit of R$ 900 million.
The gross fleet PPE closed 3Q26 at R$ 19,687.8 million, an increase of 6.0% versus 3Q25 and of 3.0% compared to 2Q26, with fleet utilization of 88.8%, 2.0 percentage points above 3Q25 and 0.2 percentage point below 2Q26. Repossessions and early returns totaled R$ 111.4 million in the quarter, a decrease of 55.6% compared to 3Q25 and of 41.2% versus 2Q26, representing 2.4% of the average gross fleet PPE in 3Q26.
