Vale
R$72.10Change from previous close: +2.44%Absolute change: +R$1.72
At a glance
- Revenue growth
- +3.68%
- 2025 vs 2024
- Net income growth
- −56.27%
- 2025 vs 2024
- Net margin
- 6.5%
- 2024: 15.3%
Financial data
Amounts in millions of BRL; per-share values in BRL; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 53,012 | 48,680 | 59,676 | 56,701 | 49,807 | 47,411 | 59,401 | 52,978 | 51,735 | 41,891 | 64,505 | 51,962 |
| Cost of revenue | 36,833 | 32,423 | 36,578 | 36,077 | 34,421 | 31,811 | 36,763 | 34,827 | 33,134 | 26,594 | 34,085 | 30,851 |
| Gross profit | 16,179 | 16,257 | 23,098 | 20,624 | 15,386 | 15,600 | 22,638 | 18,151 | 18,601 | 15,297 | 30,420 | 21,111 |
| Selling, general and administrative | 888 | 800 | -79.0 | 858 | 742 | 845 | -209 | 770 | 717 | 696 | 726 | 732 |
| Research and development | — | 685 | -2,437 | 820 | 159 | 719 | -2,826 | 1,066 | — | — | 3,598 | — |
| Operating income | 11,639 | 13,691 | 16,494 | 18,324 | 12,501 | 12,943 | 14,635 | 14,964 | 15,184 | 12,886 | 27,842 | 16,036 |
| EBIT | 11,639 | 13,691 | 16,494 | 18,324 | 12,501 | 12,943 | 14,635 | 14,964 | 15,184 | 12,886 | 27,842 | 16,036 |
| EBITDA | 16,022 | 17,816 | 20,916 | 22,234 | 16,616 | 16,785 | 18,930 | 18,813 | 19,032 | 16,113 | 31,765 | 19,566 |
| Interest expense | 1,715 | 1,898 | 10,301 | 1,651 | 1,723 | 1,721 | 10,505 | 1,510 | 1,477 | 1,261 | 2,293 | 1,453 |
| Pre-tax income | 8,894 | 12,879 | -11,589 | 14,227 | 11,987 | 12,068 | -5,814 | 15,142 | 14,349 | 10,547 | 15,581 | 14,582 |
| Income tax | 1,853 | 2,680 | 11,631 | -444 | -200 | 3,895 | -56.0 | 1,871 | -237 | 2,215 | 3,479 | 616 |
| Net income | 6,847 | 9,953 | -21,048 | 14,617 | 12,081 | 8,164 | -4,677 | 13,386 | 14,592 | 8,291 | 11,982 | 13,864 |
| Net income to common shareholders | 6,847 | 9,953 | -21,048 | 14,617 | 12,081 | 8,164 | -4,677 | 13,386 | 14,592 | 8,291 | 11,982 | 13,864 |
| Basic EPS | 1.61 | 2.33 | -4.93 | 3.42 | 2.83 | 1.91 | -1.10 | 3.14 | 3.42 | 1.93 | 2.79 | 3.21 |
| Diluted EPS | 1.60 | 2.33 | -4.93 | 3.42 | 2.83 | 1.91 | -1.11 | 3.14 | 3.41 | 1.93 | 2.79 | 3.21 |
| Average shares (basic) | 4,259 | 4,269 | 4,269 | 4,269 | 4,269 | 4,269 | 4,269 | 4,269 | 4,269 | 4,286 | 4,302 | 4,315 |
| Average shares (diluted) | 4,266 | 4,275 | 4,269 | 4,275 | 4,275 | 4,274 | 4,269 | 4,275 | 4,280 | 4,290 | 4,305 | 4,318 |
| Dividend per share | — | — | 5.48 | — | — | — | 2.66 | — | 2.09 | — | 2.74 | 2.33 |