Business Context and Reporting Period
CI&T Inc (NYSE: CINT), a global provider of tech-integrated business solutions, filed a Form 6-K on March 11, 2026, reporting results for the fourth quarter (4Q25) and full year ended December 31, 2025. The company operates across 11 countries with approximately 8,000 employees, focusing on AI, strategy, and software development.
Key Financial Metrics
| Metric | 4Q25 | 4Q24 | 2025 Full Year | 2024 Full Year |
|---|---|---|---|---|
| Revenue | $134.3M | $112.5M | $489.6M | $439.0M |
| Profit (Net Income) | $14.6M | $10.5M | $40.6M | $29.5M |
| Adjusted EBITDA | $24.8M | $22.2M | $89.4M | $82.0M |
| Adjusted EBITDA Margin | 18.4% | 19.7% | 18.3% | 18.7% |
| Adjusted Profit | $17.0M | $13.2M | $50.1M | $44.4M |
| Diluted EPS | $0.11 | $0.08 | $0.30 | $0.22 |
| Operating Cash Flow | N/A | N/A | $81.2M | $85.6M |
| Cash & Equivalents | $47.9M | $56.6M | $47.9M | $56.6M |
| Total Debt (Loans & Borrowings) | $122.6M | $138.7M | $122.6M | $138.7M |
Note: Total Debt includes current ($66.4M) and non-current ($56.2M) loans and borrowings as of Dec 31, 2025.
Material Changes vs. Prior Period
- Revenue Growth: 4Q25 revenue grew 19.3% year-over-year (13.9% at constant currency). Full-year 2025 revenue increased 11.5% (13.2% at constant currency).
- Profitability: Net profit surged 38.6% in 4Q25 and 37.7% for the full year. Adjusted Profit grew 28.8% in 4Q25 and 13.0% for the full year.
- Geographic Performance: Latin America revenue expanded 35% in 4Q25 and 26.8% for the full year. North America grew 12% in 4Q25 and 9.2% for the full year. "New Markets" declined 8.5% in 4Q25 and 25.3% for the full year.
- Cost Structure: Cost of services rose 25.2% in 4Q25 due to higher billable headcount and FX impacts. SG&A expenses increased 5.6% in 4Q25, driven by amortization of the CI&T Flow AI system.
- Debt & Liquidity: Total debt decreased from $138.7M in 2024 to $122.6M in 2025. Cash and cash equivalents declined to $47.9M from $56.6M, primarily due to working capital requirements and share repurchases ($35.5M in 2025).
Guidance, Outlook, and Risks
- 2026 Guidance: Management expects full-year 2026 revenue between $548.4M and $568.0M, representing 12.0% to 16.0% organic growth. Adjusted EBITDA margin is projected between 17.0% and 19.0%.
- Q1 2026 Outlook: Revenue expected to be at least $134.7M, a 21.5% increase over Q1 2025.
- Management Commentary: CEO Cesar Gon highlighted five consecutive quarters of double-digit organic growth and a shift in client strategy from AI experimentation to full-scale transformation.
- Risks: Forward-looking statements are subject to global economic conditions, client demand fluctuations, and execution risks. The company notes uncertainty regarding FX rates (assuming 5.30 BRL/USD for 2026) and the impact of non-IFRS adjustments.
Investor Verification Checklist
- Verify the sustainability of the 13.9% constant currency revenue growth given the decline in "New Markets" revenue.
- Confirm the impact of the CI&T Flow AI system amortization on future SG&A expenses and margins.
- Review the reconciliation of Adjusted EBITDA to Net Income to understand the magnitude of non-recurring items excluded.
- Assess the liquidity position given the $35.5M share repurchase program and the decrease in operating cash flow to $81.2M.
- Monitor the "New Markets" segment performance, which saw a 25.3% revenue decline in 2025.