Brazil’s State Companies Posted Big Profits Through Q3 2025, But The Story Is Concentrated
5 Articles
5 Articles
Brazil’s State Companies Posted Big Profits Through Q3 2025, But The Story Is Concentrated
Key Points Brazil’s federal state firms reported R$136.3 billion ($25 billion) in profit through September 2025. Petrobras delivered most of the gains, shaping both the upside and the risk. Investment rose while shareholder payouts fell, shifting the fiscal and political debate. Brazil’s federally controlled state companies delivered a combined profit of R$136.3 billion ($25 billion) […]
Valor considers the finalized investment budget of state-owned companies from last year and the results presented in the balance sheets of companies such as Petrobras, Banco do Brasil, and Caixa Econômica Federal.
State companies closed with a primary deficit of R$ 5.87 billion. Published on Saturday, 30th, by the Central Bank, the number represents the second lowest nominal result of the historical series started in 2001. Only lost to the collapse recorded in 2024, when states suffered a loss of record of R$ 8 billion. The rise included federal, state and municipal states, but excluding Petrobras, Federal Economic Box and Bank of Brazil. + Read more abou…
Brazilian state-owned companies recorded a profit of R$ 136.3 billion from January to September 2025. The information from the Ministry of Management and Innovation in Public Services, released this Thursday (January 29, 2026), shows a growth of 22.5% compared to the same period of the previous year. The full data is available here (Xlsx – 34.3 kB). The revenue of federal state-owned companies reached R$ 1.017 trillion in the first 9 months of 2…
The federal state companies had a profit of R$ 136.3 bilh at the third quarter of 2025, a nominal increase of 22.5% compared to the same by the year of 2024, reported on this Thursday (29) the Rio Minister of Gest or Innova, responsible for the supervision or company controlled by the Union (01/29/2026) more (01/29/2026)
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