Romi (ROMI3) Q2 2026 earnings summary

Executive summary

• Net operating revenue reached R$334.8 million in Q2 2026, up 5.9% year-over-year, with robust order backlog and strategic development despite challenging market conditions.

• Adjusted EBITDA was R$26.8 million (8% margin), slightly below the previous year.

• Order entry totaled R$309.4 million, a 6% sequential increase from Q1 2026; consolidated portfolio exceeded R$800 million.

• Diversification through machine rentals and PRODZ credit solutions contributed significantly to results.

• Participation in FEIMEC highlighted AI solutions, new product launches, and the 70th anniversary of Romi-Isetta.

Financial highlights

• Net operating revenue grew 5.9% year-over-year to R$334.8 million in Q2 2026.

• Adjusted EBITDA margin was 8% in Q2 2026, down from 8.8% in Q2 2025.

• Net income for Q2 2026 was R$13.9 million, with a net margin of 4.2%.

• Gross margin declined to 23.5%, mainly due to lower margins in ROMI Machines and Castings.

• Net cash (debt) position was negative R$169.2 million as of June 30, 2026; cash and equivalents totaled R$368.3 million.

Outlook and guidance

• Management remains cautious due to low industrial confidence and challenging domestic market conditions.

• Focus on innovation, diversification, and expanding international presence to support future quarters.

• Anticipates improved performance for BW in the second half of 2026, especially in Q4.

• Forward-looking statements highlight risks and uncertainties, with future results potentially differing materially from projections.