Earnings per share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Basic Earnings (Losses) Per Share

The basic earnings per share is measured by dividing the profit attributable to the Company’s shareholders by the weighted average number of common shares issued during the period, excluding the common shares acquired by the Company and held as treasury shares.


	03/31/2026	03/31/2025
Net income for the period attributed to Controlling shareholders'	4,305,404	6,340,760
Weighted average number of shares in the period – in thousands	1,264,118	1,264,118
Weighted average treasury shares – in thousands	(28,200)	(25,047)
Weighted average number of outstanding shares – in thousands	1,235,918	1,239,071
Basic earnings per common share – R$	3.48357	5.11735

Schedule of Diluted Earnings (Losses) Per Share

The diluted earnings per share is measured by adjusting the weighted average of outstanding common shares, assuming the conversion of all common shares with dilutive effects.


	03/31/2026	03/31/2025
Net income for the period attributed to Controlling shareholders'	4,305,404	6,340,760
Weighted average number of outstanding shares – in thousands	1,235,918	1,239,071
Average number of potential shares (stock options) - in thousands	3,033	3,171
Weighted average number of shares (diluted) – in thousands	1,238,951	1,242,242
Diluted earnings per common share – R$	3.47504	5.10429