NYSE$SBS
Cia de Saneamento Basico do Estado de Sao Paulo-ADR · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
SABESP reported strong Q2 2025 results with revenue and profitability significantly improving from the prior year.
SABESP delivered robust earnings in Q2 2025, driven by operational efficiency, tariff adjustments, and higher billed volumes. The company also recorded significant progress toward universalization goals and improved its financial metrics across the board.
- Net income reached R$2.1 billion, significantly up from R$1.2 billion in Q2 2024
- EPS increased to R$3.12 per share from R$1.77 a year ago
- Revenue grew to R$6.8 billion, with solid contributions from billed volume and tariff adjustments
- Investments totaled R$3.6 billion in the first half, advancing universalization goals
Headline financials
Revenue & EPS history
SABESP · Revenue · Quarterly
$1.24B
Revenue by segment
SABESP · $9.97B total across 2 segments · Q1 2026
- Sanitation services$6.33B—63.5%
- Construction$3.63B—36.5%
Forward guidance
SABESP remains focused on advancing its universalization plan and improving operational efficiencies. Tariff adjustments and cost control will be key levers moving forward, while macroeconomic conditions and exchange rate impacts remain risks.
Tailwinds
- Continued investment in universalization efforts
- Strong operational cost reductions
- Growth in billed volume and customer base
- Ongoing efficiency initiatives
- Positive financial performance in Q2 setting momentum
Headwinds
- Exposure to currency fluctuations on foreign debt
- Macroeconomic uncertainty in Brazil
- Ongoing high capital expenditure needs
- Potential regulatory challenges
- Impact of lower inflation on tariff adjustments
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
-0.4%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
50%
24 / 48 earnings
Positive
+8.4%
Q1 2010
Best reaction
-19.6%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.1% | -7.9% | -16.4% | |
| Q3 2026 | +1.3% | +4.4% | -3.7% | |
| Q2 2025 | -4.5% | -3.4% | +3.3% | |
| Q2 2024 | +8.4% | +10.5% | +3.9% | |
| Q1 2024 | -3.6% | -2.0% | -11.5% | |
| Q4 2023 | -0.4% | -3.3% | -0.6% | |
| Q3 2023 | +5.2% | +6.1% | +16.9% | |
| Q4 2022 | -4.1% | +2.2% | +2.2% | |
| Q3 2022 | -2.9% | +0.4% | -3.1% | |
| Q4 2021 | +0.3% | -0.2% | +2.7% | |
| Q2 2021 | -4.3% | -6.7% | -3.6% | |
| Q1 2021 | +6.1% | +4.9% | +2.5% | |
| Q4 2020 | -1.5% | +0.8% | +6.9% | |
| Q3 2020 | -5.0% | -2.8% | +8.6% | |
| Q1 2020 | -0.9% | +4.6% | +62.6% | |
| Q3 2019 | +3.9% | -0.3% | +15.4% | |
| Q2 2019 | +3.6% | -4.0% | -8.1% | |
| Q4 2018 | +3.5% | +0.9% | +13.2% | |
| Q3 2018 | -5.3% | -4.0% | -3.1% | |
| Q2 2018 | -8.6% | -3.7% | -12.2% | |
| Q4 2017 | -11.1% | -8.8% | -12.7% | |
| Q3 2017 | +3.5% | +4.1% | +9.2% | |
| Q2 2017 | -8.6% | -6.6% | +2.1% | |
| Q1 2017 | +2.7% | +6.0% | -3.3% | |
| Q3 2016 | -19.6% | -17.2% | -17.7% | |
| Q2 2016 | -0.4% | -2.2% | -5.9% | |
| Q1 2016 | -2.3% | — | — | |
| Q4 2015 | +5.0% | — | — | |
| Q3 2015 | -0.6% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q4 2014 | -10.4% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q4 2013 | +3.6% | — | — | |
| Q3 2013 | -0.6% | — | — | |
| Q2 2013 | -1.7% | — | — | |
| Q1 2013 | -3.8% | — | — | |
| Q4 2012 | +1.1% | — | — | |
| Q3 2012 | +1.0% | — | — | |
| Q2 2012 | +2.2% | — | — | |
| Q1 2012 | +4.6% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q2 2011 | +2.2% | — | — | |
| Q1 2011 | +3.2% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q3 2010 | +4.8% | — | — | |
| Q2 2010 | -0.3% | — | — | |
| Q1 2010 | +8.4% | — | — | |
| Q3 2009 | — | — | — | |
| Q4 2009 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro