NYSE$BRFS

BRF SA-ADR · Q4 2025 earnings

Q4 2025 earnings · · Investor relations

Briefing

BRF posts record Q1 with R$15.5B net sales and R$1.19B profit as leverage hits 0.54x

BRF S.A. reported its best first quarter in company history with consolidated net sales of R$15.512 billion, up 16% year over year, and net income attributable to controlling shareholders of R$1.185 billion, nearly double the R$594 million earned in Q1 2024. Gross profit reached R$4.053 billion and adjusted EBITDA was R$2.753 billion (+30% YoY) with a 17.7% margin. Basic earnings per share were R$0.698 and diluted EPS R$0.697. Free cash flow generation was R$1.282 billion and net leverage fell to 0.54x EBITDA, the lowest level in company history, from 1.45x a year ago. Brazil EBITDA was R$1.274 billion and international EBITDA R$1.426 billion at a 19.1% margin. The interim financial information was filed as Exhibit 99.1 to Form 6-K for the period ended March 31, 2025.

  • Consolidated net sales R$15.512B (+16% YoY); net income R$1.185B (+99.6% YoY)
  • Gross profit R$4.053B; adjusted EBITDA R$2.753B (+30%) at 17.7% margin
  • Basic EPS R$0.698; diluted EPS R$0.697 per share
  • Free cash flow R$1.282B; net leverage 0.54x vs 1.45x in Q1 2024
  • Brazil EBITDA R$1.274B; international EBITDA R$1.426B at 19.1% margin

Headline financials

Total Revenue

R$15.5B

No prior period
EPS (adj)

R$0.70

No prior period
Adjusted EBITDA

R$2.75B

No prior period
Free cash flow

R$1.28B

No prior period
Net debt / adjusted EBITDA (12M)

0.54

No prior period
Net Income

R$1.19B

No prior period
Operating Income

R$1.88B

No prior period
Gross Profit

R$4.05B

No prior period

Revenue & EPS history

BRF · Revenue · Quarterly

R$15.5B

Q4 2025
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 9 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.3%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+7.2%

Avg return

30 days after

51%

25 / 49 earnings

Positive

+15.9%

Q1 2024

Best reaction

-11.8%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q4 2025+0.0%+1.6%+1.9%
Q3 2024-0.7%-4.4%+7.0%
Q1 2024+15.9%+15.3%+9.7%
Q4 2023+8.9%+7.6%+16.7%
Q3 2023+6.6%+16.3%+15.9%
Q4 2022+1.6%+5.6%+4.8%
Q2 2022-9.7%+0.3%-3.1%
Q1 2022-5.5%-12.5%+15.4%
Q4 2021+1.6%-10.7%-3.6%
Q2 2021-2.4%
Q1 2021-5.4%
Q4 2020-11.8%
Q2 2020-6.5%
Q4 2019-6.7%
Q2 2019+5.5%
Q4 2018-7.0%
Q3 2018-7.8%
Q2 2018-10.3%
Q1 2018-1.5%
Q4 2017-5.2%
Q2 2017+3.6%
Q1 2017+0.6%
Q4 2016-1.1%
Q3 2016+1.0%
Q2 2016+7.6%
Q4 2015-1.2%
Q3 2015+1.9%
Q2 2015+1.7%
Q1 2015+7.1%
Q4 2014-3.4%
Q3 2014-0.1%
Q2 2014-0.6%
Q1 2014+0.0%
Q4 2013-3.3%
Q3 2013+1.0%
Q2 2013+0.2%
Q1 2013+0.9%
Q4 2012+3.2%
Q3 2012+1.8%
Q2 2012-0.2%
Q1 2012-0.1%
Q4 2011+1.5%
Q3 2011-4.9%
Q2 2011+2.3%
Q1 2011+3.3%
Q4 2010+0.5%
Q3 2010+5.1%
Q2 2010-5.0%
Q1 2010+2.5%

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