Taesa stock reports BRL 567.1 million Q2 profit

Taesa stock generated BRL 567.1 million in IFRS net income during Q2 2026, while revenue reached BRL 1.1 billion. The latest figures put operating performance and leverage at the center of the investment case on September 30, 2026.

Second-quarter figures strengthen revenue base

According to TradeMap, Taesa reported Q2 2026 revenue of BRL 1.1 billion and net income of BRL 567.1 million. Operating cash flow reached BRL 534.5 million in the quarter, giving the company a cash generation figure alongside its accounting profit.

Revenue increased 2.92 percent from BRL 1.0 billion in Q1 2026, while net income rose 60.38 percent from BRL 353.6 million. The quarter-on-quarter comparison is not a complete trend signal because transmission companies can show pronounced changes in financial income and cash timing, but it gives investors a concrete measure of the latest reporting step.

Debt remains the key counterweight

Taesa's balance sheet carried BRL 11.0 billion of total debt and BRL 10.8 billion of net debt at June 30, 2026. Money Times reported on September 4, 2026, that management expected net debt to EBITDA to move below 4.00 times from 2027, after reaching 4.20 times in Q2 2026.

The same report described a 2026 investment cycle involving 9 projects, 1,956 kilometers of lines and BRL 6.7 billion of investment. Those figures frame the central tradeoff: growth can expand the regulated asset base, but it also raises near-term financing demands.

BBI target rises to BRL 40.00

Money Times reported on September 28, 2026, that Bradesco BBI raised its Taesa price target from BRL 38.00 to BRL 40.00 while retaining a sell recommendation. The target was 3.85 percent below the B3 quote of BRL 41.58, so the latest market level stood above the bank's revised valuation marker.

Taesa's investor-relations calendar lists the 3Q26 earnings release for November 11, 2026, followed by the public meeting and earnings presentation on November 12, 2026, according to the Taesa investor-relations page.

Taesa stock gains 2.51 percent

Taesa stock was trading at BRL 41.58 on B3 on September 30, 2026 at 2:48 p.m. BRT, up 2.51 percent from the prior close of BRL 40.56. Its market capitalization was BRL 14.3 billion, while the 52-week range stood at BRL 35.59 to BRL 46.11.