TOTVS 2QFY26 adjusted EBITDA climbs 22.5% y/y to R$ 486.8 million; net revenue rises 13.3% to R$ 1.92 billion

• TOTVS posted GAAP net income of R$688.5 million in 2Q26, returning to a sharp profit uplift from R$211 million a year earlier.
• Net revenue rose 13.3% year-on-year to R$1.92 billion, driven by recurring revenue growth of 15.3% to R$1.78 billion.
• Adjusted EBITDA climbed 22.5% year-on-year to R$486.8 million, lifting the adjusted margin 1.9 percentage points to 25.4%.
• ARR increased 14% from a year earlier to R$7.74 billion; net ARR addition reached R$209 million, with AI enablers contributing 28%.
• Free cash flow rose 49.5% year-on-year to R$294.6 million; the CEO said AI impact has arrived, citing LYNN and accelerating demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TOTVS SA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.