# Cosan Posts BRL 190 Million Third-Quarter Profit, Reversing Year-Earlier Loss

> Cosan reported BRL 190 million in third-quarter net profit, reversing a year-earlier loss, as revenue rose 6% to BRL 11.29 billion and a tax settlement cut contingencies.

- Published: 2026-11-14T02:34:31+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-14/cosan-third-quarter-profit-reversal
- Source: [The future of trading](https://capital.com/en-int/news/cosan-swings-to-3q26-net-profit-of-brl-190-million)

## Key takeaways

- Cosan reported net income attributable to controlling shareholders of BRL 190 million for the third quarter of 2026, reversing a year-earlier loss.
- Net operating revenue rose 6% year over year to BRL 11.29 billion.
- An October tax settlement will reduce contingencies by approximately BRL 3.2 billion, with net cash outflow of about BRL 200 million.

Cosan reported net income attributable to controlling shareholders of BRL 190 million for the third quarter of 2026, reversing a loss in the same period of 2025. [The future of trading](https://capital.com/en-int/news/cosan-swings-to-3q26-net-profit-of-brl-190-million) reported the results on November 14, 2026. Cosan is a Brazilian energy and logistics group with operations spanning sugarcane farming and fuel distribution.

## Cosan's Revenue and Tax Settlement

Net operating revenue rose 6% year over year to BRL 11.29 billion in the third quarter of 2026. An October tax settlement will reduce contingencies by approximately BRL 3.2 billion, with net cash outflow of about BRL 200 million. Radar agricultural properties sold for BRL 808 million in November, advancing the divestment program.

## How Cosan's Board and Debt Moved Before the Results

Cosan's board met on November 13, 2026, and unanimously adopted resolutions approving its third-quarter 2026 interim financial information for release, The future of trading reported. Management was authorized to implement the resolutions and delegate powers as needed. Expanded net debt reached R$9.5 billion in the third quarter of 2026, up 3% from the prior quarter, while year-over-year debt fell 48% on capital increases and deleveraging measures, the same outlet reported. On November 10, 2026, the board unanimously approved guarantees, including bank guarantees and surety insurance, with no value limit, covering company or subsidiary obligations in administrative or judicial proceedings.

## What Comes Next for Cosan

Cosan published the original content behind the results on November 14, 2026, according to [its announcement](http://www.cosan.com.br). The October tax settlement carries a net cash outflow of about BRL 200 million, and the Radar property sales of BRL 808 million took place in November.

## Companies in this story

- Cosan · website: http://www.cosan.com.br

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