Cosan S.A. (CSANY) Income Statement
CSANY 2025 at a glance
Fiscal year ended December 31, 2025 · Brazilian reaisCSANY revenue and net income
Where CSANY's revenue goes
2025Each bar shows an amount and its share of revenue. CSANY kept −24.1% of revenue as net income.
CSANY profit margins
CSANY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.0% | +0.9% | — | — |
| Gross profit | −3.9% | +14.5% | — | — |
| Operating income | +5.8% | +21.6% | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CSANY income statement in Brazilian reais
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | R$40.42B | R$43.95B | R$39.47B | R$39.32B |
| Cost of revenue | R$27.24B | R$30.24B | R$28.55B | R$30.56B |
| Gross profit | R$13.18B | R$13.71B | R$10.92B | R$8.77B |
| Sales, general & admin | R$4.38B | R$4.42B | R$3.88B | R$3.03B |
| Total operating expenses | R$29.71B | R$33.83B | R$31.88B | R$33.37B |
| Operating income | R$10.71B | R$10.13B | R$7.59B | R$5.96B |
| Interest income | R$3.23B | R$2.44B | R$2.51B | R$2.18B |
| Interest expense | R$7.74B | R$7.53B | R$5.64B | R$5.47B |
| Income before taxes | −R$7.99B | −R$5.25B | R$5.11B | R$2.65B |
| Net income | −R$9.72B | −R$9.42B | R$1.09B | R$1.18B |
| EBITDA | R$3.64B | R$6.16B | R$14.12B | R$11.14B |
| Gross margin | 32.6% | 31.2% | 27.7% | 22.3% |
| Operating margin | 26.5% | 23.0% | 19.2% | 15.1% |
| Net margin | −24.1% | −21.4% | 2.8% | 3.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | |
|---|---|---|---|---|---|
| Revenue | R$10.78B | R$9.03B | R$9.61B | R$10.66B | R$10.48B |
| Cost of revenue | R$6.75B | R$5.95B | R$6.63B | R$6.94B | R$6.88B |
| Gross profit | R$4.03B | R$3.08B | R$2.98B | R$3.73B | R$3.60B |
| Sales, general & admin | R$1.14B | R$991.2M | R$1.16B | R$1.14B | R$1.10B |
| Total operating expenses | R$7.75B | R$6.65B | R$7.33B | R$7.63B | R$7.43B |
| Operating income | R$3.03B | R$2.38B | R$2.28B | R$3.03B | R$3.04B |
| Interest income | R$1.01B | R$947.5M | R$2.64B | R$260.6M | R$726.6M |
| Interest expense | R$2.30B | R$2.18B | R$1.87B | R$1.89B | R$1.88B |
| Income before taxes | R$672.9M | −R$167.2M | −R$6.67B | −R$467.1M | R$34.5M |
| Net income | −R$320.5M | −R$1.58B | −R$5.80B | −R$1.19B | −R$946.0M |
| EBITDA | R$3.97B | R$2.99B | −R$3.87B | R$2.42B | R$2.91B |
| Gross margin | 37.4% | 34.1% | 31.0% | 35.0% | 34.3% |
| Operating margin | 28.1% | 26.4% | 23.7% | 28.4% | 29.0% |
| Net margin | −3.0% | −17.5% | −60.4% | −11.1% | −9.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in Brazilian reais as reported in CSANY's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CSANY financial results
In fiscal year 2025 (ended December 31, 2025), Cosan reported revenue of R$40.4 billion, down 8.0% from the year before. It had a net loss of R$9.7 billion, a net profit margin of −24.1%. Figures are in Brazilian reais, the currency of its financial statements.
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CSANY income statement FAQ
What is Cosan's annual revenue?
Cosan reported total revenue of R$40.4 billion for fiscal year 2025, which ended on December 31, 2025. That was down 8.0% from R$44.0 billion the previous year.
Is Cosan profitable?
No. Cosan reported a net loss of R$9.7 billion in fiscal 2025, a net profit margin of −24.1%; its operating margin was 26.5%.
What is Cosan's gross margin?
Cosan's gross margin was 32.6% in fiscal 2025: for every $100 of revenue, Cosan kept $33 after the direct cost of its products and services.
When does Cosan's fiscal year end?
Cosan's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.