Ultrapar 1Q26 net income returns to profit at R$ 914 million; revenue rises 10% to R$ 36.8 billion

• Ultrapar posted 1Q26 net income of R$ 914 million, swinging to profit from R$ 14 million, as net sales rose 10% to R$ 36.75 billion.
• Adjusted EBITDA climbed 96% year over year to R$ 2.32 billion, with recurring adjusted EBITDA also at R$ 2.32 billion.
• Cash flow from operating activities totaled R$ 1.1 billion, reflecting draft discount for suppliers transactions despite higher working-capital needs.
• Ipiranga invested R$ 2 billion in working capital due to higher import volumes amid elevated volatility and higher international prices, aiming to ensure supply for its service-station network and consumers.
• Ultracargo completed expansions in Rondonópolis and Opla, adding 15,000 m³ of capacity from January 2026 and 10,000 m³ from February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ultrapar Holdings Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.