Frasle Mobility (FRAS3) reported net income of R$ 100.7 million in 3Q26, down 5.2% from 3Q25, when it totaled R$ 106.3 million. Net revenue was R$ 1.4 billion (R$ 1,383.5 million), a 1.9% decline year over year and flat compared with 2Q26. The company attributes the performance to more moderate demand in the Brazilian aftermarket and in the powertrain line in Mexico, in addition to currency translation. In constant currency, revenue would have grown 0.3%.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was R$ 257.6 million, down 5.3%, with a margin of 18.6% (19.3% in 3Q25). Unadjusted EBITDA totaled R$ 250.4 million, down 8.4%. The company cites the revenue mix, with a smaller share from higher-margin units, and lower dilution of fixed costs and expenses. The adjustment excluded R$ 7.2 million related to the restructuring of Dacomsa, in Mexico.
Gross profit rose 1.1% to R$ 484.2 million, with a gross margin of 35.0%, up 1.0 percentage point. The period included R$ 6.8 million in extemporaneous credits; without them, the margin would have been 34.5%. Net financial result was negative R$ 72.2 million, an improvement of 29.8% over 3Q25. Profit from continuing operations was R$ 110.8 million, up 1.1%.
Frasle Mobility decided to discontinue Composs, its line of composite material components. The operation is now presented separately and recorded a loss of R$ 12.9 million in the first nine months of 2026.
Net debt ended September at R$ 1.3 billion (R$ 1,337.4 million), down 20.3% from September 2025, with leverage of 1.4 times EBITDA. Investments totaled R$ 50.2 million in the quarter, down 3.8%. The foreign market reached US$ 144.0 million, up 8.8%. In the nine months, revenue was R$ 4.0 billion (R$ 4,015.5 million), down 1.9%, and net income was R$ 232.8 million, up 4.7%.
Is FRAS3 worth investing in?
- Price
- R$ 21.12
- as of 11/10/2026
- Dividend yield
- 0.00 %
- P/L
- 20.21
- P/VPA
- 2.35
