)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
São Martinho (SMTO3) investor relations material
São Martinho Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary12 Aug, 2025
Executive summary
Net revenue reached BRL 1,857.5 million in 1Q26, up 12.2% year-over-year, driven by strong ethanol performance despite lower sugar prices and volumes.
Adjusted EBITDA rose 19.7% to BRL 805.0 million, with margin expanding 2.7 p.p. to 43.3% compared to 1Q25.
Net income declined 40.9% year-over-year to BRL 62.8 million, impacted by changes in fair value of biological assets and timing of Interest on Equity payments.
Cash income totaled BRL 157.0 million, up 11.8% from 1Q25.
Sugarcane crushing and sugar output declined due to adverse weather and water deficit, with TRS down and 11% less sugar produced.
Financial highlights
Adjusted EBIT was BRL 331.1 million (+7.6% vs. 1Q25), margin at 17.8%.
Cash COGS increased 10.4% year-over-year to BRL 926.6 million, mainly due to higher ethanol sales and increased corn processing costs.
Financial result (cash) was an expense of BRL 124.8 million (+26.5% vs. 1Q25), driven by higher Selic rates.
Net debt stood at BRL 4.9 billion as of June 30, 2025, with a leverage ratio of 1.36x Net Debt/Adjusted EBITDA LTM.
Sugar sales dropped 8% quarter-on-quarter, mainly due to lower hedged prices compared to the previous period.
Outlook and guidance
Total Capex guidance for 2025/26 crop year updated to BRL 3.0 billion, reflecting increased investment in corn ethanol and biological assets.
Maintenance Capex guidance unchanged at BRL 1,990.5 million.
Ethanol prices are expected to recover after the crop year, with parity projected to rise to 60–70% by year-end.
Sugar production in the Center South is forecasted below 39 million tons, lower than market consensus, due to adverse weather and fires.
Forward-looking statements highlight risks from market, operational, and weather-related factors.
What drove the 1Q26 Adjusted EBITDA increase?
Explain the revision to the Capex guidance.
Detail corn purchases for the 2025/26 crop year.
Assess impact of Santelisa deal on crushing.
Corn ethanol plant CapEx impact on margins?
Sugar production expectations for center south?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next São Martinho earnings date
Q2 202611 Nov, 2025
Next São Martinho earnings date
Q2 202611 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
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
São Martinho S.A. is an agribusiness company engaged in the production of sugar, ethanol, and bioenergy. The company operates large-scale sugarcane plantations and industrial facilities, focusing on integrated and sustainable production processes. São Martinho supplies sugar for food and beverage industries, ethanol for fuel and industrial applications, and generates bioelectricity from biomass. The company is headquartered in São Paulo, Brazil, and its shares are listed on the B3.
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