AFYANasdaqServices-Educational ServicesFiscal year ends December 31

Afya Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026

$14.94+0.41 (+2.82%)

Close on Oct 19, 2026

Afya Ltd balance sheet

Annual Quarterly

BRL USD

Millions of BRL, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Cash & Equivalents	1,125	911	553	1,093	749	1,045	943	62	25	12
Cash & Short-Term Investments	1,125	911	553	1,093	749	1,045	943	62	25	12
Receivables	717	596	546	453	378	302	125	58	–	–
Inventory	–	–	1.38	12	12	7.51	3.93	1.12	–	–
Other Current Assets	63	57	60	52	43	30	18	8.86	–	–
Total Current Assets	1,942	1,590	1,204	1,638	1,207	1,406	1,112	134	–	–
Property, Plant & Equipment	711	658	609	542	420	260	139	139	66	–
Operating Lease Right-of-Use Assets	897	842	768	690	664	419	274	212	–	–
Intangible Assets	5,588	5,533	4,796	4,041	3,901	2,573	1,312	682	–	–
Deferred Tax Assets	13	–	3.23	–	–	–	–	–	–	–
Other Long-Term Assets	125	116	117	192	180	74	17	10	–	–
Total Assets	9,358	8,830	7,584	7,200	6,447	4,793	2,912	918	–	–
Accounts Payable	124	128	108	71	59	36	18	8.10	–	–
Short-Term Debt	61	364	179	145	129	107	54	27	–	–
Current Debt	61	364	179	145	129	107	54	27	–	–
Current Portion of Leases	56	46	37	32	25	62	23	–	–	–
Current Income Taxes Payable	113	4.25	3.88	16	12	4.57	3.21	0.28	–	–
Other Current Liabilities	8.95	11	2.77	2.72	15	6.33	0.38	1.99	–	–
Total Current Liabilities	884	1,140	1,059	906	767	589	333	182	–	–
Long-Term Debt	1,994	1,832	1,622	1,738	1,246	510	6.75	51	–	–
Long-Term Leases	1,010	933	838	737	689	386	262	–	–	–
Operating Lease Liabilities	1,066	978	875	770	714	448	285	212	–	–
Deferred Tax Liabilities	–	28	–	–	–	–	–	–	–	–
Other Long-Term Liabilities	43	43	18	13	2.49	3.82	2.00	2.23	–	–
Total Liabilities	4,467	4,519	3,941	3,949	3,447	1,959	799	328	–	–
Total Debt	2,054	2,195	1,801	1,883	1,375	617	60	78	–	–
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.32	1.44	66	–
Retained Earnings	2,635	2,012	1,380	1,005	631	408	116	–	–	–
Treasury Stock	-306	-274	-299	-305	-153	–	–	–	–	–
Shareholders' Equity	4,852	4,270	3,602	3,199	2,948	2,782	2,065	502	–	–
Noncontrolling Interest	39	41	42	51	52	52	49	88	–	–
Total Equity	4,891	4,311	3,643	3,250	3,000	2,834	2,114	590	47	12
Total Liabilities & Equity	9,358	8,830	7,584	7,200	6,447	4,793	2,912	918	–	–
Shares Outstanding(shares)	3.86	3.46	3.77	3.79	1.65	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 64.5%
Operating margin: 32.8%
Net margin: 20.4%
Return on equity, FY2025: 16.5%

Financial strength

Current ratio: 2.20
Debt to equity: 0.42
Debt to assets: 22.0%
Cash to current liabilities: 127.3%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.