Metalúrgica Riosulense (RSUL4) Q3 2025 earnings summary

Executive summary

• Net revenue in Q3 2025 reached R$119,044 thousand, up 20.99% year-over-year, driven by strong domestic and export sales growth.

• Consolidated net income for Q3 2025 was R$20,195 thousand, representing 16.96% of net revenue, compared to R$14,880 thousand (15.12%) in Q3 2024.

• EBITDA for Q3 2025 was R$31,442 thousand, a 31.73% increase year-over-year, with EBITDA margin rising to 26.41%.

Financial highlights

• Net revenue for the nine months ended 30/09/2025 was R$328,620 thousand, up from R$286,181 thousand in the same period of 2024.

• Cost of goods sold in Q3 2025 was R$66,966 thousand, representing 56.25% of net revenue, down from 58.84% in Q3 2024.

• Operating expenses in Q3 2025 totaled R$22,443 thousand, 18.85% of net revenue.

• Net financial result in Q3 2025 was positive at R$749 thousand, compared to a negative R$4 thousand in Q3 2024.

• Investments in the first nine months of 2025 totaled R$16,770 thousand, focused on plant upgrades and compliance.

Outlook and guidance

• Management highlights ongoing efforts to optimize financial results through cost control, operational efficiency, and investment in modernization.

• No subsequent events requiring adjustments or additional disclosures were identified after the reporting period.