Romi (ROMI3) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 26.4% YoY to R$257.1 million; adjusted EBITDA was R$10.2 million and adjusted EBIT was -R$9.1 million, excluding tax-credit effects.

• Order entry rose 8.5% to R$421.5 million and backlog increased 10.9% to R$992.7 million, led by B+W.

• A R$200 million B+W contract for high-precision machines is scheduled for delivery across 2027–2029.

Financial highlights

• Net operating revenue was R$257.1 million; gross profit was R$67.2 million and gross margin was 26.1%, versus 26.5% a year earlier.

• Adjusted EBITDA was R$10.2 million, with a 4.0% margin, versus R$38.0 million and 10.9% in Q3 2025.

• Adjusted EBIT was -R$9.1 million, or -3.5% of revenue; adjusted net income was R$7.0 million.

• Reported net income was R$42.7 million, including a R$35.709 million net benefit from recognized tax credits.

• 9M26 revenue was R$812.8 million, down 13.4% YoY; adjusted EBITDA was R$44.4 million versus R$83.7 million.

Outlook and guidance

• B+W expects a greater concentration of project deliveries and revenue recognition in Q4 2026; the expanded backlog supports visibility for coming periods.

• Management plans continued investment in innovation, product development, commercial and service structures, while aligning resources with demand and operational efficiency.

• A potential reduction in weekly hours from 44 to 40 could affect results by R$10 million; productivity gains and automation investment are intended to offset the impact.