Sonda (SONDA) Q2 2026 earnings summary

Executive summary

• Revenues for 1H26 reached US$791.6 million, up 10.8% year-over-year in reporting currency and 10.9% in constant currency, driven by growth in all business lines and regions, especially Southern Cone and Brazil.

• Operating Income rose 41.4% to US$37.8 million, and EBITDA increased 20.8% to US$64.0 million, with margin improvements attributed to new projects and efficiency plans.

• Net Income attributable to owners was US$11.0 million, up from US$3.6 million in 1H25, boosted by higher operating results and gains from asset sales.

• Closed deals volume surged 46.9% year-over-year to US$1,192.2 million, and the business pipeline grew 14.9% to US$6,921.6 million.

Financial highlights

• Gross Profit for 1H26 was $102,285 million, up 14.1% year-over-year; Operating Income reached $34,889 million (+41.4%), and EBITDA was $59,055 million (+20.8%).

• Net Income attributable to owners increased 204.7% to $10,118 million.

• Gross Margin improved to 14.0%, Operating Margin to 4.8%, and EBITDA Margin to 8.1%.

• For 2Q26, revenues grew 9.4% year-over-year, Operating Income rose 40.2%, and EBITDA increased 18.9%.

Outlook and guidance

• The business pipeline remains robust, with significant opportunities in Brazil and the Southern Cone.

• Efficiency plans and project maturation are expected to continue supporting margin improvements.