Totvs (B3: TOTS3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Totvs 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 9,452m in total assets and BRL 5,105m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 5,772m | BRL 5,224m | BRL 4,497m | BRL 3,793m | BRL 3,259m | BRL 2,596m | BRL 2,282m | BRL 2,320m | BRL 2,227m | BRL 2,184m |
| Cost of sales | BRL 1,716m | BRL 1,594m | BRL 1,361m | BRL 1,145m | BRL 1,033m | BRL 846.1m | BRL 743.9m | BRL 884.6m | BRL 863.5m | BRL 876.8m |
| Gross profit | BRL 4,056m | BRL 3,630m | BRL 3,136m | BRL 2,648m | BRL 2,226m | BRL 1,750m | BRL 1,538m | BRL 1,436m | BRL 1,364m | BRL 1,307m |
| Operating profit | BRL 1,123m | BRL 877.3m | BRL 700.7m | BRL 641.1m | BRL 512.5m | BRL 393.5m | BRL 325.2m | BRL 126.2m | BRL 143.6m | BRL 212.3m |
| Profit before tax | BRL 1,042m | BRL 827.9m | BRL 683.3m | BRL 661.6m | BRL 463.7m | BRL 382.1m | BRL 324.0m | BRL 86.7m | BRL 104.2m | BRL 175.5m |
| Income tax | BRL 200.3m | BRL 91.4m | BRL 146.6m | BRL 141.2m | BRL 89.7m | BRL 86.1m | BRL 70.1m | BRL 26.1m | BRL 10.9m | BRL 23.3m |
| Net profit | BRL 891.7m | BRL 717.5m | BRL 734.8m | BRL 498.1m | BRL 368.5m | BRL 295.0m | BRL 209.8m | BRL 59.5m | BRL 93.0m | BRL 152.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 9,452m | BRL 8,532m | BRL 8,829m | BRL 10,616m | BRL 9,945m | BRL 5,146m | BRL 3,536m | BRL 2,391m | BRL 2,494m | BRL 2,444m |
| Current assets | BRL 3,876m | BRL 2,764m | BRL 3,906m | BRL 6,230m | BRL 5,486m | BRL 2,832m | BRL 2,004m | BRL 1,020m | BRL 1,038m | BRL 951.7m |
| Cash | BRL 1,786m | BRL 1,942m | BRL 3,129m | BRL 2,736m | BRL 2,871m | BRL 1,028m | BRL 1,538m | BRL 452.8m | BRL 387.2m | BRL 214.8m |
| Total liabilities | BRL 4,009m | BRL 3,545m | BRL 3,816m | BRL 6,031m | BRL 5,459m | BRL 2,542m | BRL 1,058m | BRL 1,103m | BRL 1,232m | BRL 1,223m |
| Current liabilities | BRL 1,978m | BRL 1,144m | BRL 1,349m | BRL 3,336m | BRL 3,320m | BRL 2,040m | BRL 705.6m | BRL 709.6m | BRL 619.3m | BRL 624.2m |
| Equity | BRL 5,105m | BRL 4,681m | BRL 4,721m | BRL 4,309m | BRL 4,233m | BRL 2,604m | BRL 2,477m | BRL 1,287m | BRL 1,261m | BRL 1,221m |
| Equity including minorities | BRL 5,443m | BRL 4,987m | BRL 5,013m | BRL 4,585m | BRL 4,486m | BRL 2,604m | BRL 2,478m | BRL 1,288m | BRL 1,262m | BRL 1,221m |
| Minority interests | BRL 338.2m | BRL 305.8m | BRL 292.1m | BRL 276.2m | BRL 253.1m | BRL 0.0m | BRL 1.2m | BRL 1.2m | BRL 0.2m | −BRL 0.3m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 1,203m | BRL 1,115m | BRL 952.1m | BRL 915.6m | BRL 424.5m | BRL 371.7m | BRL 345.3m | BRL 426.0m | BRL 329.8m | BRL 260.5m |
| Investing cash flow | −BRL 939.3m | −BRL 1,334m | −BRL 3.4m | −BRL 726.5m | −BRL 2,147m | −BRL 355.8m | −BRL 36.9m | −BRL 102.2m | −BRL 50.3m | −BRL 98.7m |
| Financing cash flow | −BRL 420.3m | −BRL 968.0m | −BRL 555.3m | −BRL 324.4m | BRL 3,566m | −BRL 526.4m | BRL 776.9m | −BRL 258.2m | −BRL 107.1m | −BRL 373.4m |
| Dividends paid | −BRL 357.8m | −BRL 265.4m | −BRL 412.2m | −BRL 140.0m | −BRL 143.6m | −BRL 108.2m | −BRL 49.9m | −BRL 51.5m | −BRL 76.5m | −BRL 141.4m |
Where each figure comes from
From the annual financial statements (DFP) that Totvs 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 Totvs 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.