Afya Limited (AFYA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 993.76M | 926.87M | 928.5M | 919.4M | 936.36M | 849.01M | 841.18M | 809.89M | 804.24M | 729.87M | 723.48M | 712.61M | 709.96M | 584M | 580.58M | 598.16M | 566.32M | 498.26M | 454.39M | 372.37M |
| Revenue Growth % | 6.13% | 9.17% | 10.38% | 13.52% | 16.43% | 16.32% | 16.27% | 13.65% | 13.28% | 24.98% | 24.61% | 19.13% | 25.36% | 17.21% | 27.77% | 60.63% | 43.61% | 44.31% | 46.86% | 35.8% |
| Cost of Goods Sold | 308.76M | 353.93M | 339.92M | 342.71M | 282.64M | 307.17M | 324.08M | 314.84M | 269.5M | 289.68M | 288.23M | 284.3M | 247.61M | 236.89M | 216.69M | 219.24M | 186.73M | 201.31M | 180.04M | 144.46M |
| COGS % of Revenue | 31.07% | 38.19% | 36.61% | 37.28% | 30.18% | 36.18% | 38.53% | 38.87% | 33.51% | 39.69% | 39.84% | 39.9% | 34.88% | 40.56% | 37.32% | 36.65% | 32.97% | 40.4% | 39.62% | 38.79% |
| Gross Profit | 685M | 572.94M | 588.59M | 576.69M | 653.72M | 541.84M | 517.1M | 495.05M | 534.74M | 440.19M | 435.25M | 428.31M | 462.35M | 347.11M | 363.88M | 378.91M | 379.59M | 296.95M | 274.35M | 227.91M |
| Gross Margin % | 68.93% | 61.81% | 63.39% | 62.72% | 69.82% | 63.82% | 61.47% | 61.13% | 66.49% | 60.31% | 60.16% | 60.1% | 65.12% | 59.44% | 62.68% | 63.35% | 67.03% | 59.6% | 60.38% | 61.21% |
| Gross Profit Growth % | 4.78% | 5.74% | 13.82% | 16.49% | 22.25% | 23.09% | 18.81% | 15.58% | 15.65% | 26.81% | 19.61% | 13.04% | 21.8% | 16.89% | 32.64% | 66.25% | 41.71% | 35.69% | 39.18% | 36.05% |
| Operating Expenses | 299.79M | 295.97M | 311.16M | 291.46M | 281.19M | 283.79M | 283.21M | 264.23M | 245.38M | 269.6M | 244.96M | 251.67M | 232.81M | 200.04M | 217.87M | 208.67M | 178.96M | 182.94M | 179.06M | 135.07M |
| OpEx % of Revenue | 30.17% | 31.93% | 33.51% | 31.7% | 30.03% | 33.43% | 33.67% | 32.63% | 30.51% | 36.94% | 33.86% | 35.32% | 32.79% | 34.25% | 37.53% | 34.89% | 31.6% | 36.72% | 39.41% | 36.27% |
| Selling, General & Admin | 299.79M | 295.97M | 286.16M | 292.87M | 281.5M | 285.12M | 280.03M | 263.76M | 241.16M | 274.88M | 257M | 249.59M | 233.22M | 201.53M | 210.69M | 207.41M | 178.51M | 178.22M | 178.81M | 135.18M |
| SG&A % of Revenue | 30.17% | 31.93% | 30.82% | 31.85% | 30.06% | 33.58% | 33.29% | 32.57% | 29.99% | 37.66% | 35.52% | 35.02% | 32.85% | 34.51% | 36.29% | 34.68% | 31.52% | 35.77% | 39.35% | 36.3% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 4.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 652K | 203K | 389K | 0 |
| R&D % of Revenue | - | - | - | - | - | 0.5% | - | - | - | - | - | - | - | - | - | - | 0.12% | 0.04% | 0.09% | - |
| Other Operating Expenses | 0 | 0 | 1000K | -1000K | -306K | -1000K | 1000K | 472K | 1000K | -1000K | -1000K | 1000K | -405K | -1000K | 1000K | 1000K | 448K | 1000K | 244K | -113K |
| Operating Income | 385.21M | 276.97M | 277.43M | 285.23M | 372.53M | 258.05M | 233.89M | 230.81M | 289.36M | 170.59M | 190.29M | 176.64M | 229.54M | 147.07M | 146.02M | 170.24M | 200.77M | 114.01M | 95.4M | 92.84M |
| Operating Margin % | 38.76% | 29.88% | 29.88% | 31.02% | 39.78% | 30.39% | 27.81% | 28.5% | 35.98% | 23.37% | 26.3% | 24.79% | 32.33% | 25.18% | 25.15% | 28.46% | 35.45% | 22.88% | 21% | 24.93% |
| Operating Income Growth % | 3.41% | 7.33% | 18.62% | 23.57% | 28.74% | 51.27% | 22.92% | 30.67% | 26.06% | 16% | 30.32% | 3.76% | 14.33% | 28.99% | 53.06% | 83.36% | 44.81% | 18.93% | 1.06% | 20.89% |
| EBITDA | 476.55M | 276.97M | 372.09M | 379.93M | 464.28M | 307.55M | 319.72M | 314.85M | 368.63M | 247.93M | 264.19M | 248.94M | 295.51M | 201.58M | 198.64M | 220.94M | 244.73M | 156M | 142.64M | 128.11M |
| EBITDA Margin % | 47.95% | 29.88% | 40.07% | 41.32% | 49.58% | 36.22% | 38.01% | 38.88% | 45.84% | 33.97% | 36.52% | 34.93% | 41.62% | 34.52% | 34.21% | 36.94% | 43.21% | 31.31% | 31.39% | 34.4% |
| EBITDA Growth % | 2.64% | -9.94% | 16.38% | 20.67% | 25.95% | 24.04% | 21.02% | 26.48% | 24.74% | 22.99% | 33% | 12.67% | 20.75% | 29.22% | 39.26% | 72.47% | 43.71% | 22.95% | 18.08% | 24.16% |
| D&A (Non-Cash Add-back) | 91.34M | 0 | 94.66M | 94.7M | 91.75M | 49.5M | 85.83M | 84.04M | 79.27M | 77.34M | 73.91M | 72.29M | 65.97M | 54.51M | 52.62M | 50.7M | 43.96M | 41.99M | 47.24M | 35.26M |
| EBIT | 385.21M | 276.97M | 302M | 329.82M | 388.32M | 257.3M | 229.67M | 242.85M | 297.65M | 179.84M | 208.15M | 188M | 239.89M | 158.75M | 161.85M | 181.45M | 200.77M | 122.69M | 95.4M | 64.68M |
| Net Interest Income | -81.95M | -117.3M | -64.37M | -94.81M | -91.97M | -88.5M | -113.14M | -55.3M | -13.58M | -14.44M | -14.97M | -16.88M | -17.1M | -12.26M | -10.52M | -12.07M | -9.69M | -9.09M | -7.11M | -5.93M |
| Interest Income | 50.47M | 0 | 57M | 41M | 14.53M | 28.78M | -20.04M | 22.26M | 4.9M | 4.77M | 6.84M | 4.67M | 5.19M | 4.59M | 5.45M | 3.98M | 4.34M | 3.18M | 4.08M | 2.06M |
| Interest Expense | 132.43M | 117.3M | 121.36M | 135.81M | 106.5M | 117.21M | 93.1M | 77.56M | 18.48M | 19.21M | 21.8M | 21.55M | 22.29M | 16.85M | 15.97M | 16.05M | 14.03M | 12.27M | 11.19M | 7.99M |
| Other Income/Expense | -86.69M | -69.38M | -96.79M | -91.22M | -90.71M | -102.69M | -97.32M | -65.52M | -70.19M | -77.84M | -79.92M | -87.02M | -92.71M | -65.67M | -58.91M | -58.6M | -52.48M | -52.38M | -32.39M | -66.04M |
| Pretax Income | 298.52M | 207.59M | 180.64M | 194.01M | 281.82M | 155.36M | 136.57M | 165.29M | 219.16M | 92.76M | 110.37M | 89.63M | 136.83M | 81.4M | 87.11M | 111.64M | 148.29M | 61.63M | 63.01M | 26.8M |
| Pretax Margin % | 30.04% | 22.4% | 19.45% | 21.1% | 30.1% | 18.3% | 16.24% | 20.41% | 27.25% | 12.71% | 15.25% | 12.58% | 19.27% | 13.94% | 15% | 18.66% | 26.18% | 12.37% | 13.87% | 7.2% |
| Income Tax | 41.66M | 29.47M | 21.22M | 17.47M | 24.78M | 1.08M | 12.43M | 3.09M | 10.87M | -9.13M | 12.15M | 2.09M | 19.06M | 10.06M | 6.7M | 5.57M | 13.35M | 12.63M | 5.02M | 4.86M |
| Effective Tax Rate % | 13.96% | 14.2% | 11.75% | 9% | 8.79% | 0.7% | 9.1% | 1.87% | 4.96% | -9.84% | 11.01% | 2.33% | 13.93% | 12.37% | 7.69% | 4.99% | 9% | 20.5% | 7.96% | 18.12% |
| Net Income | 252.21M | 175.59M | 155.17M | 172.33M | 252M | 149.93M | 119.98M | 158.21M | 203.39M | 98.06M | 93.35M | 82.79M | 112.12M | 66.69M | 75.76M | 101.5M | 129.61M | 44.97M | 53.03M | 17.24M |
| Net Margin % | 25.38% | 18.94% | 16.71% | 18.74% | 26.91% | 17.66% | 14.26% | 19.53% | 25.29% | 13.44% | 12.9% | 11.62% | 15.79% | 11.42% | 13.05% | 16.97% | 22.89% | 9.03% | 11.67% | 4.63% |
| Net Income Growth % | 0.08% | 17.12% | 29.33% | 8.93% | 23.9% | 52.89% | 28.53% | 91.1% | 81.4% | 47.03% | 23.21% | -18.44% | -13.49% | 48.31% | 42.86% | 488.88% | 19.91% | -20.76% | -29.13% | -71.59% |
| Net Income (Continuing) | 256.86M | 178.11M | 159.42M | 176.54M | 257.04M | 154.28M | 124.14M | 162.2M | 208.3M | 101.89M | 98.22M | 87.54M | 117.77M | 71.33M | 80.41M | 106.07M | 134.94M | 49M | 57.99M | 21.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 41.14M | 39.37M | 40.52M | 40.4M | 40.66M | 40.63M | 41.2M | 41M | 42.7M | 41.51M | 50.67M | 10.66M | 10.03M | 9.72M | 9.37M | 9.67M | 11.05M | 9.31M | 9.33M | 10.15M |
| EPS (Diluted) | 2.79 | 1.92 | 1.70 | 1.88 | 2.76 | 1.65 | 1.31 | 1.74 | 2.22 | 1.09 | 1.03 | 0.92 | 1.24 | 0.74 | 0.84 | 1.12 | 1.42 | 0.48 | 0.56 | 0.18 |
| EPS Growth % | 1.09% | 16.36% | 29.77% | 8.05% | 24.32% | 51.38% | 27.18% | 89.13% | 79.03% | 47.3% | 22.62% | -17.86% | -12.68% | 54.17% | 50% | 522.22% | 23.48% | -20% | -29.11% | -72.31% |
| EPS (Basic) | 2.84 | 1.92 | 1.71 | 1.90 | 2.79 | 1.65 | 1.33 | 1.74 | 2.26 | 1.09 | 1.04 | 0.92 | 1.25 | 0.74 | 0.84 | 1.12 | 1.42 | 0.48 | 0.57 | 0.18 |
| Diluted Shares Outstanding | 90.13M | 91.03M | 91.32M | 91.67M | 97.25M | 90.77M | 91.28M | 91.17M | 97.29M | 90.62M | 90.69M | 90.28M | 90.6M | 89.94M | 90.5M | 90.48M | 91.34M | 93.69M | 94.4M | 94.23M |
| Basic Shares Outstanding | 89.37M | 90.31M | 90.76M | 90.7M | 90.28M | 90.89M | 90.21M | 90.93M | 89.97M | 89.97M | 89.75M | 89.81M | 89.94M | 89.93M | 89.94M | 90.48M | 91.34M | 93.69M | 93.59M | 93.27M |
| Dividend Payout Ratio | - | 81.61% | - | 74.86% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |