NASDAQ$AFYA

Afya Limited · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Afya Q1 2026: R$1.01B revenue (+8.2% YoY), net income R$262M, basic EPS R$2.88 on medical education growth

Afya Limited reported unaudited interim results for the three months ended March 31, 2026, with consolidated revenue of R$1,012.7 million, up 8.2% from R$936.4 million in Q1 2025. Gross profit rose to R$698.1 million from R$653.7 million, and net income increased to R$261.8 million from R$257.0 million, with net income attributable to owners of R$257.0 million. Basic earnings per share were R$2.88 versus R$2.79 a year earlier, and diluted EPS were R$2.85 versus R$2.76. Undergraduate programs generated R$892.5 million of revenue, continuing education R$78.9 million, and medical practice solutions R$43.4 million. Cash and cash equivalents stood at R$1,332.9 million at quarter-end versus R$1,125.4 million at December 31, 2025. The Brazilian medical education platform continued expanding its seat base and integrating recent acquisitions while maintaining strong margins across its reportable segments.

  • Consolidated revenue R$1,012.7M (+8.2% YoY); net income R$261.8M; basic EPS R$2.88 vs. R$2.79 in Q1 2025.
  • Undergraduate segment revenue R$892.5M; continuing education R$78.9M; medical practice solutions R$43.4M.
  • Gross profit R$698.1M with gross margin expansion driven by scale across education and medical services.
  • Cash and cash equivalents R$1,332.9M at March 31, 2026, up from R$1,125.4M at year-end 2025.
  • Company filed interim condensed consolidated financial statements rather than a standalone press release.

Headline financials

Total Revenue

R$1.01B

Previous: R$936M+8.2%
EPS (adj)

R$2.88

Previous: R$3.20-10.0%
Diluted earnings per share

2.85

No prior period
Net Income

R$262M

Previous: R$257M+1.8%
Gross Profit

R$698M

No prior period
Cash & Equivalents

R$1.33B

Previous: R$1.15B+15.4%
Total Assets

R$9.63B

No prior period

Revenue & EPS history

Afya · Revenue · Quarterly

R$1.01B

Q1 2026+8.2%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Afya · R$1.01B total across 3 segments · Q1 2026

  • Undergraduate
    R$892M+7.9%
  • Continuing Education
    R$78.9M+11.0%
  • Medical Practice Solutions
    R$43.4M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.7%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.1%

Avg return

30 days after

52%

11 / 21 earnings

Positive

+8.9%

Q1 2020

Best reaction

-20.8%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.4%+1.4%
Q3 2026+1.2%+2.2%+0.7%
Q2 2025+3.4%+0.2%+4.6%
Q1 2025-3.3%-2.1%-9.7%
Q3 2024-7.8%-6.2%-10.7%
Q2 2024-1.8%-2.4%-14.1%
Q1 2024-1.9%+0.2%-13.1%
Q4 2023+3.3%+2.2%-18.9%
Q3 2023+3.3%+8.6%+22.1%
Q1 2023+7.3%+6.8%+16.6%
Q4 2022-8.5%-1.9%+11.0%
Q3 2022-4.5%-3.7%+2.2%
Q4 2021-9.4%-7.3%+0.8%
Q3 2021-10.9%-2.7%+0.5%
Q1 2021+8.5%+9.2%+24.2%
Q4 2020+6.3%+7.1%+4.7%
Q3 2020-0.7%-2.8%-0.7%
Q1 2020+8.9%+9.9%+26.3%
Q4 2019+6.4%+5.9%-4.1%
Q3 2019+3.5%+6.5%-1.5%
Q2 2019-20.8%-22.3%-19.7%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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