{
  "id": 327413,
  "title": "Totvs Q2 Profit Up 17.4% to US$47m on AI Launch",
  "url": "https://urgent.news/2026/08/08/totvs-q2-profit-up-17-4-to-us-47m-on-ai-launch",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-08T21:30:54.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/totvs-q2-2026-profit-ai-services/"
  },
  "original_language": "en",
  "account": "Totvs, Brazil's leading enterprise-software firm, reported a 17.4% increase in adjusted net profit to R$240.6 million (US$47.3 million) for the second quarter of 2026. The company's consolidated net revenue grew by 13.3% year-on-year to R$1.92 billion (US$377.8 million). Adjusted EBITDA also rose by 22.5% to R$486.8 million (US$95.8 million). AI enablers contributed 28% to new recurring revenue during the quarter, with the company set to unveil a series of autonomous AI agents in October 2026. Totvs' CEO, Dennis Herszkowicz, highlighted strong demand in the management-software and business-performance divisions, both of which exceeded double-digit top-line growth. The company's recurring revenue accounted for the majority of the top line, reaching R$7.74 billion (US$1.52 billion) with a 14% increase year-on-year. Customer churn remained low, and the average contract length extended, indicating strengthened customer relationships. The expansion of Totvs's SaaS subscription revenue grew at a mid-teens pace, with the company adding approximately 1,200 net new logos in the quarter.",
  "summary": "Totvs (B3: TOTS3) reported adjusted net profit up 17.4% to R$240.6 million in Q2 2026 and confirmed an integrated AI services launch for October. The post Totvs Q2 Profit Up 17.4% to US$47m on AI Launch appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}