JBS adjusted Ebitda falls 35.6% to US$ 1.18 billion in 3Q26

In brief

JBS posted adjusted Ebitda of US$ 1.18 billion in 3Q26.

The metric fell 35.6% in a year.

Verified fact · material
JBS consolidated adjusted Ebitda was US$ 1.18 billion in 3Q26, down about 36% from 3Q25.
Ebitda.
Sources[01][02][03]
Verified fact · material
Consolidated net revenue was US$ 22.7 billion in the quarter.
Revenue.
Sources[01][02]
Verified fact
According to Bloomberg Línea, results were hit by China beef import quotas.
Cause.
Sources[03]
Verified fact
According to Investidor10, net income was US$ 164.4 million.
Profit.
Sources[01]
Verified fact
According to CNN Brasil, the US beef operation posted adjusted Ebitda of US$ 21 million, reversing a loss.
US.
Sources[02]

Transmission to assets

The Ebitda drop reflects lost China access despite US improvement.

JBSS32negative

Lower margins.

China reopens.

What would change the view: Quotas kept.

direct15% confidence

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

Next signals

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