)
Visual24 Oct 2025
The rise of Alphabet
Energisa (ENGI3) investor relations material
Energisa Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Recurring adjusted EBITDA rose 21.6% year-over-year to between R$1.7 and R$2.2 billion in 2Q25, with recurring net income up 32.5% to R$440–490 million, driven by strong distribution results and cost control.
Power distribution achieved record-low losses and improved collection rates, with total losses at historical lows and collection at 96.98%.
Energy sales grew 2.1% year-over-year to 10,490 GWh, despite weather anomalies and a shorter billing calendar.
Gas and renewables segments saw EBITDA and margin declines due to market migration and sector seasonality.
(re) energisa's distributed generation portfolio expanded to 118 solar farms, with improved churn and delinquency rates.
Financial highlights
Adjusted net revenue grew 8.1% year-over-year to R$11,577.4 million in 2Q25; consolidated net revenue (ex-construction) up 14.9% to R$6,939.9 million.
Net financial expense rose 141% year-over-year to BRL 1 billion, mainly due to higher net debt and increased average cost of debt (14.4% vs. 11.3%).
Investments totaled R$1,604.3 million in 2Q25, up 0.8% year-over-year, focused on urban expansion, network construction, and new user connections.
EBITDA margin improved to 25.4% in 2Q25 from 23.3% in 2Q24.
Net income margin at 5.7% in 2Q25, down from 8.6% in 2Q24.
Outlook and guidance
Dividend policy remains unchanged, with a payout ratio expected around 44% for the semester, to be adjusted at year-end between 35% and 50%.
Transmission segment to benefit from a 5.32% RAP adjustment effective 3Q25, raising annual permitted revenue to R$975.1 million for 2025/2026.
No plans to participate in the upcoming transmission auction due to high interest rates and current market conditions.
Gas distribution investment cycle from August 2025 to July 2030 totals BRL 930 million, with focus on market expansion, new cities, and digitalization.
Social Electricity Rate expansion and Itaipu Bonus to benefit low-income and rural customers in 2H25.
How did ES Gás's rate review impact consumers?
Explain the drop in transmission segment PMSO.
Detail Alsol's commercial policy changes.
What drove ESGas's gross margin decrease?
Energisa's plan for ESGas investments?
GD capital recycling plans?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Energisa earnings date
Q3 20257 Nov, 2025
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Energisa SA is a Brazil-based holding company predominantly involved in the energy sector. It is primarily engaged in the distribution and marketing of electric energy across various Brazilian states including Rio de Janeiro, Sao Paulo, Parana, and Minas Gerais, among others. The company's activities extend to residential, industrial, commercial, and rural energy supply. Energisa's subsidiaries offer a range of services beyond basic electricity distribution. These include Energisa Solucoes SA, which focuses on electric power generation and distribution; Energisa Servicos Aereos SA, providing thermographic inspection services; and Energisa Planejamento e Corretagem Seguros Ltda, which operates in insurance brokerage. The company is headquartered in Cataguases, Minas Gerais, Brazil, and its shares are listed on the Sao Paulo Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage