Cogna stock reports 25.30 percent profit growth in Q2

Published on 09/30/2026 at 21:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cogna stock reported BRL 148.9 million in Q2 2026 net income, up 25.3 percent year over year. Revenue reached BRL 1.96 billion.

Cogna, BRCOGNACNOR2, Illustration mit AI erstellt.

Cogna Educacao stock (ISIN BRCOGNACNOR2) reported BRL 148.9 million in net income for the second quarter of 2026, up 25.3 percent from the same period a year earlier. The result came with consolidated net revenue of BRL 1.96 billion, which increased 17.8 percent, according to Escolas Inteligentes in a report published on September 9, 2026.

Profit growth meets mixed revenue drivers

The Q2 figures show operating improvement, but the revenue mix matters for investors. Basic education revenue reached BRL 650.2 million, up 50.5 percent year over year, while BRL 124.1 million came from the government textbook program PNLD, according to Escolas Inteligentes.

That composition makes the 50.5 percent basic education increase less comparable with recurring private-market demand. The distinction is relevant because government purchasing can create a different timing pattern from tuition and private school contracts.

Bradesco BBI lowers target to BRL 3.10

Investor sentiment also carries a more cautious counterweight. Investing.com reported on September 29, 2026, that Bradesco BBI downgraded Cogna from buy to neutral and reduced its price target from BRL 3.80 to BRL 3.10.

The report cited weaker student recruitment, pressure on Kroton revenue and margins, and additional costs linked to higher-education regulation. The target reduction contrasts with the Q2 comparison: net income rose 25.3 percent, while consolidated revenue grew 17.8 percent.

Market value and B3 quote

Cogna had a market capitalization of BRL 4.6 billion on September 30, 2026. Its B3 share price was BRL 2.32 at 4:01 p.m. BRT on September 30, 2026, compared with a 52-week range of BRL 1.99 to BRL 4.75.