Totvs stock gained 2.23 percent as portfolio sale sharpened focus

Published on 10/07/2026 at 06:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Totvs stock was last at BRL 35.35 on October 2, 2026, after a 2.23 percent gain. Q2 recurring revenue rose 15.3 percent to BRL 1.781 billion.

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Totvs stock gained 2.23 percent to BRL 35.35 on B3 on October 2, 2026, while the company completed the sale of its 80 percent stake in RJ Participações. The transaction sharpens the portfolio focus of Brazil's largest management software provider.

Portfolio sale changes the mix

According to Money Times on October 2, 2026, Totvs Large Enterprise sold the entire 80 percent holding in RJ Participações to Distribusion Tecnologia do Brasil. The business provides management software for passenger transportation companies, and Totvs said the disposal supports a strategy of concentrating resources where its advisory model has stronger economic potential.

The deal carried an implicit multiple of more than 31 times last-twelve-month EV/EBITDA, according to InfoMoney on October 5, 2026. The assets had been classified as held for sale since March 2025, making the transaction a completed step in a longer divestment process.

Recurring revenue leads results

Totvs reported BRL 1.919 billion in consolidated net revenue for the second quarter of 2026, up 13.3 percent from the same quarter a year earlier. Recurring revenue reached BRL 1.781 billion, a 15.3 percent increase and 92.8 percent of quarterly revenue, according to Diário do Grande ABC in its August 5, 2026 report.

Adjusted EBITDA rose 22.5 percent year over year to BRL 486.8 million in Q2 2026, while adjusted net income increased 5.9 percent to BRL 240.6 million. The contrast matters: operating earnings expanded faster than adjusted profit, putting recurring revenue and cost discipline at the center of the next results discussion.

Stock value and investor calendar

Totvs had a market capitalization of BRL 20.5 billion as of October 2, 2026. The company also approved BRL 0.15 per share in interest on equity for the third quarter of 2026, with payment scheduled for October 8, 2026, according to ADVFN on September 21, 2026.

For investors, the latest figures define two separate drivers. The portfolio sale removes a transportation software asset, while recurring revenue growth of 15.3 percent shows that the core subscription model continued to expand in Q2 2026.

Totvs stock holds BRL 35.35

Totvs stock was last at BRL 35.35 on B3 on October 2, 2026, with a 2.23 percent daily gain. The shares remain tied to recurring revenue growth, portfolio allocation and the October 8 payment date.