Ultrapar 2Q26 net income climbs 46% to R$ 1.68 billion
UGP•Shareholder returns and buyback
The board approved a buyback of up to 18 million shares. Interim dividends totaled R$ 1.09 billion for 1H26, equal to R$ 1 per share.
Cash flow, investment and leverage
Operating cash flow climbed to a record R$ 4.79 billion, up 410% from 2Q25, while investments edged down 5% to R$ 517 million.
Net debt narrowed to R$ 8.86 billion from R$ 12.28 billion in 1Q26, bringing leverage down to 0.9x adjusted LTM EBITDA.
2Q26 results
Ultrapar posted 2Q26 net income of R$ 1.68 billion, up 46% from 2Q25, on net revenue of R$ 41.52 billion, up 22%.
- Adjusted EBITDA rose to R$ 3.52 billion, up 70% from 2Q25.
- Recurring adjusted EBITDA more than doubled to R$ 3.66 billion.
