Cogna (B3: COGN3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Cogna for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 24,123m in total assets and BRL 13,454m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 7,017m | BRL 6,391m | BRL 5,815m | BRL 5,092m | BRL 4,778m | BRL 5,269m | BRL 7,027m | BRL 6,061m | BRL 5,558m | BRL 5,245m |
| Cost of sales | BRL 2,190m | BRL 2,113m | BRL 2,109m | BRL 1,865m | BRL 1,904m | BRL 1,947m | BRL 2,810m | BRL 2,269m | BRL 2,106m | BRL 2,157m |
| Gross profit | BRL 4,827m | BRL 4,277m | BRL 3,706m | BRL 3,227m | BRL 2,874m | BRL 3,322m | BRL 4,218m | BRL 3,792m | BRL 3,452m | BRL 3,088m |
| Operating profit | BRL 1,307m | BRL 1,352m | BRL 732.2m | BRL 303.3m | BRL 78.4m | −BRL 3,237m | BRL 1,017m | BRL 1,245m | BRL 1,695m | BRL 1,806m |
| Profit before tax | BRL 579.0m | BRL 662.8m | −BRL 171.6m | −BRL 592.1m | −BRL 505.4m | −BRL 3,836m | BRL 183.8m | BRL 1,379m | BRL 1,921m | BRL 1,923m |
| Income tax | −BRL 7.1m | −BRL 332.1m | BRL 295.7m | −BRL 51.1m | −BRL 43.8m | −BRL 209.2m | −BRL 58.8m | −BRL 13.5m | BRL 38.3m | BRL 58.2m |
| Net profit | BRL 625.5m | BRL 879.9m | −BRL 492.9m | −BRL 528.9m | −BRL 489.1m | −BRL 5,806m | BRL 235.2m | BRL 1,404m | BRL 1,882m | BRL 1,865m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 24,123m | BRL 24,200m | BRL 25,136m | BRL 26,397m | BRL 28,513m | BRL 30,784m | BRL 34,118m | BRL 30,645m | BRL 18,668m | BRL 17,601m |
| Current assets | BRL 4,702m | BRL 4,627m | BRL 4,984m | BRL 5,060m | BRL 6,968m | BRL 9,272m | BRL 4,478m | BRL 5,563m | BRL 3,536m | BRL 2,645m |
| Cash | BRL 78.5m | BRL 95.0m | BRL 624.5m | BRL 121.8m | BRL 1,601m | BRL 2,205m | BRL 371.7m | BRL 1,486m | BRL 921.3m | BRL 1,344m |
| Total liabilities | BRL 10,668m | BRL 10,655m | BRL 12,430m | BRL 13,155m | BRL 14,742m | BRL 16,499m | BRL 18,283m | BRL 14,638m | BRL 3,460m | BRL 3,752m |
| Current liabilities | BRL 2,830m | BRL 2,881m | BRL 3,670m | BRL 4,069m | BRL 4,088m | BRL 5,262m | BRL 2,751m | BRL 2,565m | BRL 1,346m | BRL 1,245m |
| Equity | BRL 13,454m | BRL 12,396m | BRL 11,665m | BRL 12,177m | BRL 12,727m | BRL 13,209m | BRL 15,832m | BRL 15,903m | BRL 15,208m | BRL 13,849m |
| Equity including minorities | BRL 13,455m | BRL 13,545m | BRL 12,706m | BRL 13,241m | BRL 13,771m | BRL 14,285m | BRL 15,835m | BRL 16,007m | BRL 15,208m | BRL 13,849m |
| Minority interests | BRL 1.1m | BRL 1,149m | BRL 1,041m | BRL 1,065m | BRL 1,044m | BRL 1,076m | BRL 2.9m | BRL 104.2m | BRL 0.0m | BRL 0.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 1,286m | BRL 867.4m | BRL 679.8m | BRL 117.3m | BRL 503.6m | BRL 256.3m | BRL 419.2m | BRL 1,129m | BRL 1,826m | BRL 1,820m |
| Investing cash flow | −BRL 753.1m | −BRL 238.9m | BRL 505.9m | BRL 439.8m | −BRL 393.6m | −BRL 1,534m | BRL 21.4m | −BRL 4,790m | −BRL 1,068m | −BRL 149.3m |
| Financing cash flow | −BRL 549.0m | −BRL 1,158m | −BRL 683.0m | −BRL 2,037m | −BRL 713.9m | BRL 3,269m | −BRL 1,555m | BRL 4,225m | −BRL 777.6m | −BRL 725.0m |
| Dividends paid | −BRL 120.3m | — | — | — | — | — | −BRL 196.4m | −BRL 638.9m | −BRL 692.4m | −BRL 564.5m |
Where each figure comes from
From the annual financial statements (DFP) that Cogna files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Cogna page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.