Intelbras (INTB3) reported net income of R$ 177,053 thousand in the third quarter of 2026 (3Q26), with net revenue of R$ 1,176,541 thousand in the period. EBITDA (earnings before interest, taxes, depreciation and amortization) reached R$ 170,123 thousand in 3Q26 and return on invested capital before taxes (ROIC pre-tax) was 20.0%.
Compared to the third quarter of 2025, net revenue rose 4.6%, while net income increased 19.7% and EBITDA grew 18.1%. Versus the second quarter of 2026, the changes were 2.4% in net revenue, 11.8% in net income and 0.7% in EBITDA.
Gross margin reached 32.7% in 3Q26, an increase of 1.8 percentage points compared to 3Q25 and a decrease of 0.4 percentage point versus 2Q26. EBITDA margin was 14.5%, 1.7 percentage points above 3Q25 and 0.2 percentage point below 2Q26, while net margin was 15.0%, up 1.9 percentage points year over year and 1.3 percentage points compared to the immediately preceding quarter.
By segment, Net Operating Revenue from Security totaled R$ 741,376 thousand in 3Q26, up 7.4% over 2Q26 and 5.6% compared to 3Q25. In ICT, revenue came to R$ 257,385 thousand, a 9.2% drop quarter over quarter and a 3.4% increase in 12 months. The Energy segment recorded R$ 177,780 thousand, an increase of 1.5% versus 2Q26 and 2.4% compared to 3Q25.
The company’s net cash rose to R$ 680,265 thousand on September 30, 2026, after dividend payments and amortizations, a movement supported by a further reduction in inventories and a higher balance with suppliers. Intelbras also reported that construction of the new industrial unit in Manaus is proceeding according to schedule, with investments maintained in modernization and support of the operating structure.
