Frasle Mobility Expands Gross Margin and Maintains Financial Strength Amid a Challenging Demand Environment in 3Q26

CAXIAS DO SUL, Brazil, Nov. 11, 2026 — Frasle Mobility ended 3Q26 with net revenue of R$1.38 billion, down 1.9% from 3Q25 and stable compared to 2Q26. Amid softer activity in key markets and inventory adjustments across the distribution chain, the Company maintained its competitive position, expanded its gross margin and preserved its financial strength.

In the quarter, EBITDA totaled R$250.4 million, with an EBITDA margin of 18.1%, while net income reached R$100.7 million, supported by an improved financial result. Net leverage closed the period at 1.4x.

Foreign market revenue, which comprises exports from Brazil and operations abroad, continued to gain relevance. In Brazil, demand was impacted by one-off inventory adjustments across the distribution chain and by preparations for the implementation of the tax reform.

Another highlight of the quarter was the gross margin expansion, driven by pricing initiatives, productivity gains and lower costs of co-manufactured products, which benefited from the exchange rate. On the other hand, the EBITDA margin reflected a less favorable revenue mix, with a lower share of higher-margin units, as well as reduced dilution of fixed costs and expenses.

KEY RESULTS – 3Q26
(Percentage changes vs. 3Q25 and 2Q26 – amounts in millions)

Net Revenue:

3Q26: R$1,383.5 (-1.9%) | 2Q26: R$1,383.8 (0.0%)

Net Revenue – Domestic Market:

3Q26: R$643.9 (-6.5%) | 2Q26: R$683.9 (-5.9%)

Net Revenue – Foreign Market:

3Q26: R$739.7 (+2.6%) | 2Q26: R$699.9 (+5.7%)

Foreign Market Revenue (Exports + Operations Abroad):

3Q26: US$144.0 (+8.8%) | 2Q26: US$138.6 (+3.9%)

Consolidated Gross Profit:

3Q26: R$484.2 (+1.1%) | 2Q26: R$495.1 (-2.2%)

Operating Income:

3Q26: R$186.5 (-13.5%) | 2Q26: R$218.9 (-14.8%)

EBITDA:

3Q26: R$250.4 (-8.4%) | 2Q26: R$283.6 (-11.7%)

EBITDA Margin:

3Q26: 18.1% (-1.3 p.p.) | 2Q26: 20.5% (-2.4 p.p.)

Consolidated Net Income:

3Q26: R$100.7 (-5.2%) | 2Q26: R$88.0 (+14.5%)

Net Margin:

3Q26: 7.3% (-0.3 p.p.) | 2Q26: 6.4% (+0.9 p.p.)

Adjusted EBITDA:

3Q26: R$257.6 (-5.3%) | 2Q26: R$283.6 (-9.2%)

EARNINGS VIDEOCONFERENCE
(In Portuguese with simultaneous translation into English)
November 12 – 11:00 a.m. Brasília | 9:00 a.m. New York | 2:00 p.m. London

Register / Access the Videoconference: Click here

IR Contact
Email: [email protected]
Website: https://ri.fraslemobility.com/
Hemerson Fernando de Souza
Phone: +55 54 3239.1000

SOURCE Frasle Mobility