Oi reports BRL 36.37 billion loss as B3 delists Oi stock

Published on 10/16/2026 at 00:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oi lost BRL 36.37 billion in fiscal year 2025, versus BRL 9.61 billion profit in 2024. Oi stock left B3 on September 18, 2026.

Financial and listing milestones

Oi reported a BRL 36.37 billion consolidated loss for fiscal year 2025 on October 8, 2026.
Revenue from continuing operations fell 18.3 percent to BRL 2.598 billion in fiscal year 2025.
B3 canceled Oi's listing on September 18, 2026, after bankruptcy confirmation on August 25, 2026.

Oi, BROIBRACNOR1, Illustration mit AI erstellt.

Oi (BROIBRACNOR1) reported a consolidated loss of BRL 36.369 billion for fiscal year 2025, reversing a BRL 9.610 billion profit in 2024. The figures were reported on October 8, 2026, after the company entered bankruptcy proceedings, according to TeleSintese.

Three dates define the collapse

On August 25, 2026, the Rio de Janeiro Court of Justice confirmed the conversion of Oi's judicial reorganization into bankruptcy. On September 18, 2026, B3 canceled the company's listing after receiving an exchange notice dated September 16, 2026. On October 8, 2026, Oi's delayed fiscal year 2025 statements showed a BRL 36.369 billion loss, giving the latest event a concrete financial measure.

What does the loss mean for Oi stock?

The financial deterioration reached both operations and the balance sheet. Revenue from continuing operations fell 18.3 percent to BRL 2.598 billion in fiscal year 2025 from BRL 3.180 billion in 2024, while the consolidated financial result shifted from a BRL 12.180 billion gain to a BRL 33.176 billion loss, according to TeleSintese. Oi Solucoes, identified as the main remaining operating business, generated BRL 1.581 billion in revenue in fiscal year 2025, down 9.8 percent from the prior year.

The cash position also weakened. Consolidated cash and equivalents stood at BRL 788.5 million at December 31, 2025, compared with BRL 1.526 billion at the end of 2024, while operating cash flow was negative BRL 454.5 million. InfoMoney reported that PwC issued an adverse opinion, stating that the statements should have used a liquidation basis.

Trading status changed in September

B3 suspended trading on August 25, 2026, and later canceled the listing of OIBR3 and OIBR4. The shares were transferred to the company's book-entry records with Banco do Brasil, but the cancellation did not automatically extinguish the shares or convert them into claims against the bankruptcy estate, TeleSintese reported on September 18, 2026. For investors, the key distinction is between continuing shareholder status and access to regular exchange trading.