EL7.AI
StocksMedium•13 November 2026•
3 min read

Auren Energia Posts Net Profit of 150.4 Million Reais in Third Quarter

Key Facts

1Auren posted net profit of 150.4 million reais in the third quarter, compared with a loss of 403.7 million reais a year earlier.
2Adjusted earnings before interest, taxes, depreciation and amortization reached 1.19 billion reais, up 53.4% year over year.
3Net revenue was 3.3 billion reais, down 6.6% year over year.
4The company recognized 357.1 million reais in financial compensation for generation cuts in the third quarter.

Auren Energia reported net profit of 150.4 million Brazilian reais in the third quarter of 2026, compared with a net loss of 403.7 million reais in the same period of 2025, Reuters reported via InfoMoney. The return to profitability coincided with adjusted earnings before interest, taxes, depreciation and amortization rising to 1.19 billion reais, up 53.4% year over year, Reuters reported via UOL Economia. Net revenue was 3.3 billion reais, down 6.6% from the third quarter of the previous year, UOL said. The results show a divergence between declining revenue and growth in adjusted earnings, while news coverage attributed part of the improvement in profitability to financial compensation for generation cuts and better energy trading. The results were released on November 10, according to the company's investor relations calendar.

The financial compensation the company recognized for generation cuts totaled 357.1 million reais during the quarter, Reuters reported via UOL Economia. The agency said the recognition helped drive adjusted earnings, and the compensation was for the company's renewable plants. The compensation item reflects a financial impact linked to reduced electricity production, alongside the performance of regular operations. Thus, the increase in adjusted earnings cannot be viewed solely through revenue, which fell year over year, but also includes this amount recognized during the period. Net revenue was 3.3 billion reais, down 6.6% from the third quarter of 2025, according to UOL Economia.

In energy trading, earnings before interest, taxes, depreciation and amortization rose to 107.7 million reais in the third quarter of 2026, after the segment posted a loss of 23.9 million reais in the corresponding period of 2025, Reuters reported via UOL Economia. Company officials told the agency that the energy trading strategy implemented at the start of the year was based on expectations of falling prices, a trend that materialized during the quarter. This coincided with abundant rainfall, particularly in southern Brazil, and a 58% decline in the average spot PLD price in the Southeast/Midwest region in the third quarter compared with its level in the first quarter, Reuters reported via InfoMoney. PLD is used as a benchmark price for the spot electricity market. These developments put the improvement in trading results in the context of energy prices and supply conditions during the period.

Chief Executive Fabio Zanfelice said the company still expects energy prices to fall, although high summer temperatures could put pressure on that trend by increasing electricity consumption, Reuters reported via InfoMoney. He added that Auren continues to reduce its short exposure to energy for 2027 and is seeking to move closer to a neutral energy balance. The remarks outline the direction of energy portfolio management in the coming period, as the company continues to adjust its position for 2027. The investor relations calendar had set November 11, 2026, for a call to discuss third-quarter results, following their release the previous day. In the November 11 session, the stock rose 0.43% to 11.80 reais, according to InfoMoney.