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WEG (WEGE3) investor relations material
WEG Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
3Q26 net revenue was R$10,860.8m, up 5.7% YoY and 7.1% QoQ; external markets reached a record 62.5% of revenue.
Growth reflected external-market demand and Brazilian long-cycle project deliveries, despite softer demand in some domestic markets and real appreciation.
Financial highlights
EBITDA was R$2,345.2m, up 3.1% YoY; net income attributable to controlling shareholders was R$1,665.2m, up 0.9%.
9M26 revenue declined 0.3% YoY to R$30,472.7m; EBITDA fell 0.7% to R$6,660.6m and net income fell 2.2% to R$4,681.0m.
Gross margin was 32.9%, down 0.7 pp YoY; SG&A was R$1,274m, up 7.0%.
Adjusted for acquired businesses, quarterly revenue grew 5.6% YoY; external-market revenue rose 13.4% in weighted local currencies.
Outlook and guidance
Capacity expansion and operational efficiency remain priorities; management cited favorable opportunities and expects continued growth while monitoring market dynamics.
Healthy long-cycle industrial order intake supports the order book for coming quarters; North American T&D and generator demand support GTD momentum.
- Record investment supports capacity expansion, international growth and data center opportunities.WEGE3
Investor Day 2026 - Global leader in electrification with strong growth, innovation, and rising financial returns.WEGE3
Investor presentation - External demand offset domestic solar weakness as ROIC reached 33.6%.WEGE3
Q2 2026 - Revenue and EBITDA fell, but margins improved and investments supported future growth.WEGE3
Q4 2025 - Revenue and net income rose, but ROIC declined amid robust investment and cash flow.WEGE3
Q3 2025 - Revenue and net income rose over 10% year-over-year, led by robust international growth.WEGE3
Q2 2025 - Revenue and EBITDA surged, driven by external markets, acquisitions, and strong T&D demand.WEGE3
Q3 2024 - Revenue and EBITDA rose strongly, with robust ROIC and continued investment in growth.WEGE3
Q2 2024 - Revenue up 25.5% and EBITDA up 22.8%, with margin pressure from costs and product mix.WEGE3
Q1 2025
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