Companies
TOTVS recurring revenue rises 15.1%
5 Nov 2026, 15:01 | Source: Forbes Brasil
- US$ 43.4 millionAdjusted net income
- US$ 362 millionNet revenue
- US$ 337 millionRecurring revenue
Software company TOTVS reported adjusted net income of US$ 43.4 million, up 8.8%, Forbes Brasil reports.
Net revenue rose 13.2% to US$ 362 million, of which US$ 337 million was recurring, up 15.1%.
Why it mattersRecurring software revenue is a sign that Brazilian companies keep spending on technology.
Notes
- News sources (in Portuguese): Forbes Brasil
- Amounts converted from Brazilian reais to US dollars at the Central Bank (PTAX) rate on the report date, R$ 5.4621 per dollar, for easier comparison.