In brief

Copasa earned R$ 335.7 million in 3Q26.

Adjusted Ebitda rose 14%.

What we know

04
  1. Verified fact · material

    Copasa posted net income of R$ 335.7 million in 3Q26, down 7% from 3Q25.

    Profit.

    Sources[01][02]
  2. Verified fact · material

    Adjusted Ebitda was R$ 828.4 million, up 14%.

    Ebitda.

    Sources[01][02]
  3. Verified fact

    According to CNN Brasil, adjusted profit was R$ 339.2 million, down 6%.

    Adjusted.

    Sources[01]
  4. Verified fact

    According to Money Times, results beat expectations.

    Consensus.

    Sources[02]

Transmission to assets

Market read-through

Rising Ebitda shows operating gains despite lower profit.

Portfolio impact

01
CSMG3positive

Operations improve.

Costs rise.

What would change the view: Tariff rises.

direct5% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Privatization
  • Tariff adjustment

Limits of the reporting

What remains uncertain

  • Sources differ on the revenue measure.

Full sources

02