Suzano (SUZ) Financial Statements & Analysis

Suzano (SUZ) Income Statement

Suzano reported revenue of BRL 49.13B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 3.6% from BRL 47.40B a year earlier. Net income was BRL 13.14B, a net margin of 26.8%. Gross margin was 31.1% and operating margin 22.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was BRL 11.59B, down 12.8% from the same quarter a year earlier.

Suzano Income Statement Analysis

Values in billions BRL

Income Statement Balance Sheet Cash Flow Ratios

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Suzano S.A. income statement - Annual data in billions BRL
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	49.13	47.40	39.76	49.83	40.97	30.46	26.01	13.44	10.52
Cost of Revenue	33.85	27.40	25.08	24.82	20.62	18.97	20.74	6.92	6.45
Gross Profit	15.28	20.00	14.68	25.01	20.35	11.49	5.27	6.52	4.07
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	6.10	4.46	3.45	4.20	2.82	2.63	3.05	1.38	0.92
Operating Expenses	4.08	5.42	3.93	3.07	2.17	3.05	2.64	1.52	0.77
Operating Income	11.21	14.59	10.74	21.94	18.18	8.44	2.63	5.01	3.26
Other Income/Expense
Interest Income	1.55	1.60	1.67	0.97	0.21	0.03	0.10	0.44	0.08
Interest Expense	6.54	4.90	4.08	-4.15	3.75	0.86	1.06	1.20	1.14
Other Income/Expense	8.80	-23.89	10.09	5.75	-9.35	-26.09	-6.73	-4.84	-1.02
Income
Income Before Tax	20.01	-13.11	18.00	28.66	8.83	-17.64	-4.10	0.17	2.24
Income Tax Expense	6.84	-6.07	3.89	5.26	0.20	-6.93	-1.28	-0.15	0.43
Net Income	13.14	-7.07	14.08	23.38	8.63	-10.72	-2.82	0.32	1.81
Net Income - Continuous Operations	13.14	-7.04	14.11	23.38	8.63	-10.72	-2.82	0.32	1.81
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	37.63	1.02	29.40	28.10	19.67	-7.13	7.59	6.65	4.55
EBIT	26.56	-8.21	22.08	20.90	12.58	-	-	-	-
Depreciation & Amortization	11.08	1.10	1.07	7.21	7.08	6.75	8.05	1.57	1.41
Earnings Per Share
Basic EPS	11.00	-6.00	11.00	18.00	6.00	-8.00	-2.00	-	2.00
Diluted EPS	11.00	-6.00	11.00	18.00	6.00	-8.00	-2.00	-	2.00
Basic Shares Outstanding	1.24	1.26	1.30	1.33	1.35	1.35	1.35	1.09	1.09
Diluted Shares Outstanding	1.24	1.26	1.30	1.33	1.35	1.35	1.35	1.09	1.09

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Suzano Financial Statements

What was Suzano's revenue in fiscal 2025?

Suzano reported revenue of BRL 49.13B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 3.6% from BRL 47.40B a year earlier.

Is Suzano profitable?

Yes. Suzano earned net income of BRL 13.14B in fiscal 2025, a net margin of 26.8%. In fiscal 2024 it lost BRL 7.07B.

What is Suzano's operating margin?

Suzano's operating income was BRL 11.21B on revenue of BRL 49.13B in fiscal 2025, an operating margin of 22.8%, compared with 30.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition