JBS posted a net profit of US$581 million in the third quarter of 2025, in line with market expectations but 16% below the US$693 million reported a year earlier. Net revenue reached US$22.5 billion, up 13% year-on-year. Adjusted EBITDA totaled US$1.8 billion, 15% less than in 2024, with a margin of 8.1%, below the consensus estimate of 8.5%. Seara was the division with the largest margin contraction, while JBS Australia was the only business unit to show improvement.
The quarter was influenced by positive external factors, including the gradual resumption of poultry shipments from September onward, after the official recognition of the end of the avian influenza outbreak that affected the previous quarter. The company highlighted strong international sales by JBS Brazil and noted that Seara reached the highest export volume in its history, supported by operational efficiency and commercial agility.
Internationally, JBS Beef North America reported record revenue of US$7.2 billion, supported by resilient domestic demand despite tight cattle supply and historically high livestock prices.
The advance of Brazilian beef exports—against a backdrop of reduced U.S. purchases affected by the 50% tariff—led packers, including JBS, to redirect volumes toward Mexico and Asia, especially China. According to the company, quarterly performance was supported by commercial reorientation, innovation and a focus on profitability.
