B3 Sa - Brasil, Bolsa, Balcao · BMFBOVESPA:B3SA3
B3 Sa - Brasil, Bolsa, Balcao — B3 Sa - Brasil, Bolsa, Balcao — Q1 2026 Earnings Presentation
24 slides from B3 Sa - Brasil, Bolsa, Balcao's earnings presentation, May 8, 2026
Slide 1: 1Q26 Earnings Presentation
1Q26 EARNINGS PRESENTATION INVESTOR RELATIONS EARNINGS PRESENTATION 1Q26 1
Slide 2: Initial Statements
Initial Statements This presentation may contain certain statements that express the management’s expectations, beliefs and assumptions about fu tur e events or results. Such statements are not historical fact, being based on currently available competitive, financial and economic data, and on curre
Slide 3: Highlights of the quarter
Highlights of the quarter • Highest quarterly revenue in the Company’s history – R$3.2 billion • Highest ADV in Derivatives in Mar/26, with 16.6 million contracts, and +16% ADV growth in 1Q26 vs. 1Q25 • +48% ADTV in Equities in 1Q26 , with Feb/26 recording the highest monthly ADTV in the last 5 year
Slide 4: Highlights - Operational Performance
Highlights Operational Performance 1Q26 1Q26/1Q25 1Q26/4Q25 Markets – Derivatives ADV ( thousands of contracts ) 13,173 16.4% 23.5% General Average RPC (R$) 1.103 - 8.0% - 12.0% OTC Derivatives Outstanding volume (R$ bn ) 8,570 8.6% 1.1% Markets – Equities ADTV (R$ million ) 34,808 46.0% 32.9% Equit
Slide 5: Highlights - Financial Performance
Highlights Financial Performance (R$ million ) 1Q26 1Q26/1Q25 1Q26/4Q25 Total Revenue 3,201.7 20.5% 8.5% Markets 2,153.3 20.8% 11.3% Capital Markets Solutions 201.7 28.5% 4.0% Data Analytics Solutions 317.5 22.9% 0.7% Technology and Platforms 527.6 14.8% 3.9% Net Revenue 2,873.4 20.3% 8.3% Total Exp
Slide 6: Markets - Derivatives
Markets - Derivatives 30% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 966 +10% +6% ADV – 13.2 million contracts, growth of 16.4%, reflecting mainly : (i) the volume of Interest Rates in BRL, which posted record - high historical trading volum
Slide 7: Markets – Equities
Markets – Equities 23% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 749 +47% +32% Cash equities ADTV – growth of 46 .0% and 32 .9% compared to 1Q25 and 4Q25 , respectively , mainly influenced by foreign investor flows, which totaled R$53 .8 bi
Slide 8: Markets – Fixed Income and Credit
Markets – Fixed Income and Credit 11% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 362 +15% - 5% Issuances of bank funding instruments – growth of 9.1%, mainly driven by a 11.1% increase in new issuances of bank funding instruments Outstanding
Slide 9: Markets – Securities Lending
Markets – Securities Lending 2% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 76 +2% 0.2% Increase of 1.7 % in revenues, explained by the higher volume of transactions, driven by the operational improvements implemented to encourage the securit
Slide 10: Capital Markets Solutions
Capital Markets Solutions 6% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 202 +29% +4% Data for Capital Markets – increase of 18.8% explained by the implementation of the new market data pricing policy¹ and by a better performance of analytica
Slide 11: Data Analytics Solutions
Data Analytics Solutions 10% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 317 +23% +1% Vehicles and Real Estate – increase of 37 .7%, explained by (i) the implementation of a new SNG billing model, which unified collections through B3 and adde
Slide 12: Technology and Platforms
Technology and Platforms 16% of the total revenue in the period Revenues (R$ million ) 1Q26 Δ 1Q25 Δ 4Q25 HIGHLIGHTS 1Q26 / 1Q25 : 528 +15% +4% Technology – 11.3% increase in revenues, mainly reflecting the growth in the number of customers in the OTC segment and the annual inflation adjustments app
Slide 13: Adjusted Expenses
Adjusted Expenses¹ (R$ million ) 10 .9 0.3 581.2 30 .0 (7 .0) 547.0 Ad justed Personnel 2 Information Thrid - party services Other 4 (+1%) (+9%) : Annual salary Technology 3 (+7%): (- 29 %): reduction of adjustment; Intensification of one - time expenses acquisition of Shipay cloud technology with c
Slide 14: Total Expenses
Total Expenses (R$ million ) 11.0 918.7 34.1 34.2 10 .9 828 .5 Pessonnel and Information Revenue - linked Other² (+6%): charges Technology¹ (+7%): expenses (+34 %): Provisions for legal (+9%): Annual salary Intensification of new SNG billing disputes, which are adjustment; cloud technology model and
Slide 15: Financial Highlights
Financial Highlights Cash and Financial Investments (R$ million ) Debt Amortization Schedule (R$ billion ) 1Q26 4Q25 1Q25 Debt |Amount Amortization Restricted and B3 Inova | US$ 289,5 mn Aug/26, Sep/26, Dec/26, Aug/27 and Nov/27 Thrid - party Total unrestricted Debenture 2 nd issuance | R$1,20 bn No
Slide 16: Financial Highlights - Cash Generation
Financial Highlights Cash Generation (R$ million ) Cash Destination – 1Q26 (R$ million ) 1,606 1Q26 1Q25 1,549 - 57 Adj. net cash from operating activities ¹ 1,763 1,536 1,176 Net cash from investment activities ² 2 (81) - 373 Net cash from financing activities before (159) 1.592 distributions ³ Cas
Slide 17: Appendix
APPENDIX EARNINGS PRESENTATION 1Q26 17
Slide 18: Revenue Diversification
Revenue Diversification Company’s Quarterly Revenue (R$ million ) 77% 23% EARNINGS PRESENTATION 1Q26 18 Revenue from other segments includes Derivatives, Fixed Income and Credit, securities lending, Capital Markets Solutions, Dat a A nalytics Solutions and Technology and Platforms . ¹ From 2020 to L
Slide 19: Financial Statements - Adjusted Expenses
Financial Statements Adjusted Expenses (R$ million ) 1Q26 1Q25 1Q26/1Q25 4Q25 1Q26/4Q25 Expenses (918.7) (828.5) 9.8% (922.0) 0.4% (+) Depreciation and amortization 95.7 97.5 - 1.9% 96.9 - 1.3% (+) Long - term stock - based incentive program 55.8 51.5 8.3% 49.8 12.0% (+) Provisions (recurring and no
Slide 20: Financial Statements - EBITDA and Net Income Reconciliation
Financial Statements Recurring EBITDA Net Income Reconciliation 1Q26/ 1Q26/ 1Q26/ 1Q26/ (In R$ million ) 1Q26 1Q25 4Q25 (In R$ million ) 1Q26 1Q25 4Q25 1Q25 4Q25 1Q25 4Q25 Net Income ( attributable to EBITDA 2,050.4 1,657.0 23.7% 1,826.9 12.2% 1,477.0 1,106.1 33.5% 907.8 62.7% shareholders ) (+) Oth
Slide 21: Return to Shareholders
Return to Shareholders (R$ million ) EARNINGS PRESENTATION 1Q26 21
Slide 22: Share buyback program
Share buyback program Since 2021, the Company has repurchased about 18% of its capital Shares issued, held in treasury , and canceled (in million of shares, except the EPS) Cancellation Cancellation Cancellation Cancellation mar/21: mar/22: apr /23: may /24: (51) (27) (280) (100) Cancellation Cancel
Slide 23: Capital Structure
Capital Structure EARNINGS PRESENTATION 1Q26 23
Slide 24: EARNINGS PRESENTATION 1Q26
EARNINGS PRESENTATION 1Q26 24
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