Mills reports stronger second-quarter profit: what it means for Mills stock

Published on 10/14/2026 at 05:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached BRL 472.16 million, up 4.91 percent year over year. For Mills stock, net income reached BRL 106.25 million.

Earnings and ownership changes

Mills reported second-quarter net income of BRL 106.25 million on August 7, 2026.
Second-quarter revenue rose to BRL 472.16 million, while net margin reached 22.50 percent.
Loxam agreed to acquire 50.30 percent of Mills for BRL 1.8 billion on May 25, 2026.

Mills, BRMILSACNOR2, Illustration mit AI erstellt.

Mills (ISIN BRMILSACNOR2) reported second-quarter 2026 net income of BRL 106.25 million on August 7, 2026, up 22.00 percent from BRL 87.23 million a year earlier, according to Simply Wall St. The result gives Mills stock a stronger earnings base, but the next test is whether margins can hold as equipment demand and financing costs evolve.

Revenue expands on a stronger base

Revenue reached BRL 472.16 million in the second quarter of 2026, compared with BRL 450.06 million in the second quarter of 2025, a 4.91 percent increase. The same report put earnings per share at BRL 0.47, versus BRL 0.39 a year earlier, linking the revenue advance to a broader improvement in profitability.

Net margin rose to 22.50 percent in the second quarter of 2026 from 19.40 percent in the second quarter of 2025. OBM also reports a 53.30 percent trailing EBITDA margin and BRL 1.02 billion of trailing EBITDA as of June 30, 2026.

What does the result mean for margins?

The second-quarter figures point to a more profitable operating mix than a year earlier, although the comparison with the first quarter was less favorable. Revenue increased 2.36 percent from BRL 461.19 million in the first quarter of 2026, while net income fell 46.06 percent from BRL 196.97 million, based on OBM data.

Three dates trace the earnings story

On May 25, 2026, Loxam agreed to acquire a 50.30 percent stake in Mills for BRL 1.8 billion, according to Simply Wall St. On August 7, 2026, Mills released second-quarter earnings with BRL 472.16 million of revenue and BRL 106.25 million of net income. On October 4, 2026, Simply Wall St assessed the result through the change in net margin from 19.40 percent to 22.50 percent.

Ownership remains a central variable

The Loxam agreement adds a corporate-ownership dimension to the earnings discussion, while the second-quarter figures provide the operating evidence. Mills operates in equipment rental and industrial services, and its reported 1.37 times net debt-to-EBITDA ratio for the second quarter of 2026 gives investors a specific balance-sheet measure alongside the 22.50 percent net margin.

Results and ownership shape the story

Mills combines higher second-quarter revenue and net income with a wider net margin, while the Loxam agreement remains a major ownership event. The next investor assessment will center on whether the second-quarter profitability level can persist alongside the company's leverage profile.

Market context: Market report Bovespa.