Financials · BAK

Braskem SA ADR (BAK) financials

For fiscal 2025 (ended Dec 31, 2025), Braskem SA ADR reported R$70.72B of revenue and -R$9.88B of net income. Figures are in BRL, the currency of its SEC filings.

Revenue, FY2025
R$70.72B
Revenue growth, YoY
-8.6%
Net income, FY2025
-R$9.88B
Net margin
-14.0%
Free cash flow, FY2025
-R$7.29B
Cash
R$10.50B
Total debt
R$45.36B
Annual revenueR$70.72B
FY2016FY2025
Annual net income-R$9.88B
FY2016FY2025
Annual free cash flow-R$7.29B
FY2016FY2025

BAK revenue and earnings growth

BAK revenueFY2025R$70.72B

FY YoY
-8.6%
5Y CAGR
+3.9%
10Y CAGR
+4.2%

BAK revenue was R$70.72B for fiscal 2025 (ended Dec 31, 2025), down 8.6% from fiscal 2024. Compound annual growth was +3.9% over 5 years and +4.2% over 10 years. It rose in 6 of the last 10 fiscal years.

BAK net incomeFY2025-R$9.88B

BAK net income was -R$9.88B for fiscal 2025 (ended Dec 31, 2025), compared with -R$11.32B in fiscal 2024.

BAK free cash flowFY2025-R$7.29B

BAK free cash flow was -R$7.29B for fiscal 2025 (ended Dec 31, 2025), compared with -R$1.33B in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueR$70.72BR$77.41BR$70.57BR$96.52BR$105.63BR$58.54BR$52.32BR$58.00BR$49.26BR$47.66B
Cost of revenueR$69.16BR$71.41BR$67.55BR$85.16BR$73.57BR$47.33BR$45.88BR$46.58BR$36.18BR$34.99B
Gross profitR$1.56BR$6.00BR$3.02BR$11.36BR$32.06BR$11.21BR$6.44BR$11.42BR$13.08BR$12.68B
Research and developmentR$460.00MR$463.00MR$383.00MR$374.00MR$297.00MR$250.65MR$247.73MR$219.26MR$167.46MR$162.01M
Selling, general and adminR$2.62BR$2.64BR$2.47BR$2.76BR$2.52B-R$4.08B-R$4.26BR$3.61BR$3.06B-R$2.85B
Operating income-R$1.81B-R$1.08B-R$2.79BR$4.27BR$26.04B-R$71.89MR$153.68MR$8.28BR$9.21BR$5.95B
Interest expenseR$6.80BR$6.85BR$5.59BR$5.07BR$4.90BR$4.91BR$3.88BR$3.01BR$3.75BR$3.57B
Pre-tax income-R$2.85B-R$17.73B-R$6.19BR$47.00MR$17.96B-R$9.68B-R$4.60BR$3.60BR$5.26B-R$140.01M
Income taxR$8.12B-R$5.68B-R$1.30BR$868.00MR$4.00B-R$2.67B-R$1.96BR$736.55MR$1.36BR$616.05M
Net income-R$9.88B-R$11.32B-R$4.58B-R$336.00MR$13.98B-R$6.69B-R$2.54BR$2.83BR$3.87B-R$411.47M
EPS, basic----R$17.57-R$8.41-R$3.19---
EPS, diluted----R$17.57-R$8.41-R$3.19---
Diluted shares-----796.0M796.0M796.0M796.0M795.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsR$10.50BR$14.99BR$14.19BR$12.47BR$8.68BR$13.86BR$6.80BR$5.55BR$3.78BR$6.70B
InventoryR$10.42BR$13.69BR$12.53BR$14.03BR$16.34BR$8.38BR$7.63BR$8.49BR$6.64BR$5.24B
Current assetsR$30.45BR$37.04BR$37.44BR$34.46BR$39.29BR$34.19BR$23.39BR$21.03BR$17.42BR$15.90B
Total assetsR$81.88BR$101.58BR$91.74BR$88.05BR$92.56BR$86.08BR$68.13BR$58.81BR$52.73BR$51.82B
Current liabilitiesR$40.22BR$28.27BR$24.49BR$24.19BR$25.19BR$28.39BR$16.22BR$22.77BR$18.56BR$22.94B
Short-term debtR$1.80BR$14.28BR$10.51BR$10.50BR$12.22BR$4.40BR$9.24B---
Long-term debtR$43.55BR$50.95BR$40.21BR$34.33BR$33.55BR$40.41BR$28.24BR$24.16BR$22.18BR$20.74B
Total debtR$45.36BR$65.23BR$50.72BR$44.84BR$45.78BR$44.81BR$37.48BR$24.16BR$22.18BR$20.74B
Total liabilitiesR$98.38BR$105.85BR$88.46BR$3.01BR$4.19BR$89.95BR$64.18BR$53.15BR$47.26BR$50.10B
Shareholders' equity-R$16.15B-R$4.78BR$3.28BR$6.11BR$6.21B-R$3.87BR$3.94BR$5.65BR$5.47BR$1.72B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-R$4.20BR$2.44B-R$2.27BR$8.95BR$14.79BR$6.29BR$2.27BR$9.25BR$2.46BR$4.46B
Capital expendituresR$3.09BR$3.76BR$4.53BR$4.85BR$3.42BR$2.76BR$2.68BR$2.71BR$2.27BR$2.59B
Free cash flow-R$7.29B-R$1.33B-R$6.80BR$4.10BR$11.37BR$3.53B-R$417.25MR$6.54BR$188.42MR$1.87B
Investing cash flow-R$2.95B-R$3.48B-R$4.53B-R$4.95B-R$3.38B-R$2.72B-R$2.67B-R$2.49B-R$2.41B-R$2.55B
Financing cash flowR$3.17BR$469.00MR$8.87BR$225.00M-R$16.97BR$2.17BR$1.64B-R$4.60B-R$2.99B-R$2.76B
Dividends paid-R$6.00MR$7.00MR$1.35BR$5.99BR$2.38MR$668.90MR$1.50BR$998.89MR$2.00B
Depreciation and amortizationR$4.67BR$4.95BR$5.21BR$4.73BR$4.18BR$4.05BR$3.63BR$2.99BR$2.93BR$2.68B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-8.6%9.7%-26.9%-8.6%80.4%11.9%-9.8%17.7%3.3%1.7%
Net income growth, YoY--------26.8%--
Gross margin2.2%7.7%4.3%11.8%30.3%19.2%12.3%19.7%26.6%26.6%
Operating margin-2.6%-1.4%-4.0%4.4%24.7%-0.1%0.3%14.3%18.7%12.5%
Net margin-14.0%-14.6%-6.5%-0.3%13.2%-11.4%-4.9%4.9%7.8%-0.9%
Free cash flow margin-10.3%-1.7%-9.6%4.3%10.8%6.0%-0.8%11.3%0.4%3.9%
Return on equity---139.6%-5.5%225.4%--64.4%50.0%70.6%-23.9%
Return on assets-12.1%-11.1%-5.0%-0.4%15.1%-7.8%-3.7%4.8%7.3%-0.8%
Current ratio0.761.311.531.421.561.201.440.920.940.69
Debt to equity--15.477.347.38-9.504.274.0512.05

Source: XBRL data Braskem SA ADR files with the SEC, latest filing dated Apr 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BAK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BAKR$70.72B-8.6%-R$9.88B-14.0%$446.4M
LIN$36.24B+8.2%$7.01B19.3%$238.88B
APD$12.60B+4.5%-$47.30M-0.4%$69.27B
DOW$42.61B+4.2%-$897.00M-2.1%$22.41B
IFF$11.69B+24.3%$182.00M1.6%$21.14B
DD$7.06B+3.2%$301.00M4.3%$20.56B
LYB$31.96B+3.5%$1.30B4.1%$19.23B
ALB$6.15B+24.4%$681.63M11.1%$11.70B
SOLS$4.17B+9.4%$325.00M7.8%$10.01B

BAK FAQ

8 questions
  • What is BAK revenue?
    Braskem SA ADR (BAK) reported R$70.72B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 8.6% from the year before.
  • Is BAK profitable?
    No. Braskem SA ADR reported a net loss of R$9.88B for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does BAK have?
    Braskem SA ADR reported R$10.50B in cash and cash equivalents and R$45.36B of debt on its most recent balance sheet in SEC filings.
  • How fast is BAK revenue growing?
    Braskem SA ADR's revenue changed -8.6% in fiscal 2025, to R$70.72B. Its compound annual growth rate was +3.9% over 5 years and +4.2% over 10 years.
  • What is BAK gross margin?
    Braskem SA ADR's gross profit was R$1.56B on R$70.72B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 2.2%.
  • What is BAK free cash flow?
    Braskem SA ADR generated -R$7.29B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -R$4.20B less capital expenditures.
  • When did BAK last report financial results?
    The latest statements here come from Braskem SA ADR's 20-F filed on Apr 20, 2026, covering the period ended Dec 31, 2025.
  • Where does this BAK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Braskem SA ADR files with the SEC. It is provided for information only and is not investment advice.