)

Cosan (CSAN3) investor relations material
Cosan Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
EBITDA under management reached R$6.0 billion, down from R$7.3 billion in 2Q24, mainly due to nonrecurring events and lower segment performance.
Net income was negative, at about R$0.9–1.0 billion, with stable net debt and DSCR compared to the previous quarter.
Dividends and interest on capital received totaled R$0.6 billion, a decrease from R$2.1 billion in 2Q24.
Safety metrics improved, with LTIF dropping to 0.27, despite a fatality during the period.
Financial highlights
Net debt remained stable at R$17.5 billion, with DSCR at 1.2x LTM and average debt maturity of 6.2 years.
Average cost of debt decreased slightly to CDI +88 bps (0.88%).
Interest payments, principal amortization, and dividends were the main cash movements for the quarter.
Cash and equivalents decreased from R$4,211 million to R$3,975 million during the quarter.
Outlook and guidance
No specific guidance provided for future quarters, especially regarding insurance recoveries and dividend payouts.
Forward-looking statements are subject to risks, including economic, political, and regulatory changes in Brazil, as well as market demand and financing conditions.
Focus remains on deleveraging and maintaining a high-quality, balanced portfolio.
Next Cosan earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage