Multilaser (MLAS3) Posts Net Income of R$ 101.9 mn in 3Q26

Compared with 2Q26, net income fell 28.3% (R$ 142.2 mn) and revenue declined 5.0% (R$ 959.8 mn). In the nine-month cumulative period, net income was R$ 367.5 mn, an increase of 145.0%, and revenue totaled R$ 2,744.4 mn, a change of -0.7%.

Gross profit was R$ 283.4 mn, up 5.7% from 3Q25, with a gross margin of 31.1% (+6.0 p.p.). The margin fell 3.2 p.p. from 2Q26, due to higher international input and logistics costs. EBITDA (earnings before interest, taxes, depreciation and amortization) reached R$ 97.8 mn, up 44.8%, with a margin of 10.7%. Excluding the R$ 20.0 mn provision for losses related to Grupo Casas Bahia, adjusted EBITDA would have been R$ 117.8 mn.

Operating expenses fell to R$ 199.2 mn, a 7.0% reduction from 3Q25, and general and administrative expenses totaled R$ 28.5 mn, or 3.1% of revenue. Operating cash generation was R$ 264.1 mn in the quarter, and gross debt fell 36.6% year over year to R$ 317.8 mn, with 66.5% due in the long term. Cash and cash equivalents stood at R$ 970.7 mn, and leverage (net debt to last-12-months EBITDA) at -1.76x.

By segment, revenue from Corporate was R$ 580.4 mn (-8.2%), Consumer Tech was R$ 248.2 mn (-26.0%), and Specialized Consumer was R$ 83.3 mn (-18.3%). The company says it is maintaining a cautious stance for the end of the year and the next fiscal year, given restrictive interest rates and pressured consumption.