Vale 2Q26 attributable net income drops 35% y/y to US$ 1.38 billion

- Vale SA posted IFRS net sales of US$ 10.5 billion in 2Q26, up 19% year on year. - Attributable net income fell 35% year on year to US$ 1.38 billion, with EPS down 36% to US$ 0.32. - IFRS net income dropped 34% to US$ 1.41 billion, while adjusted EBITDA rose 9% to US$ 3.68 billion. - Proforma EBITDA climbed 19% to US$ 4.07 billion, with recurring free cash flow up 49% to US$ 1.51 billion. - A new US$ 1.7 billion dividend and interest on capital payout is set for September; a new buyback program targets up to 100 million shares.

Vale reports second-quarter results

Related News

OceanFirst Financial posts Q2 loss on merger expenses as core earnings rise

Apple revenue, profits beat expectations on iPhone sales but services miss targets

Ryerson CAO, Corporate Controller Molly D Kannan disposes of 500 shares worth $16,000

Sources

Vale 2Q26 attributable net income drops 35% y/y to US$ 1.38 billion

DT Cloud Star Acquisition to shift Nasdaq listing to Capital Market on July 29 amid delisting risk

Huron Consulting posts transcript of Q2 2026 earnings call