Transportation was Cosan’s largest revenue line in fiscal 2025, bringing in $13.05B of $40.43B (32%).
| Products And Services | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Gas Distribution | $17.85B | $15.74B | $16.19B | $12.84B | ||||
| Transportation | $9.50B | $10.38B | $13.25B | $13.05B | ||||
| Lubricants & Basic Oil | $8.69B | $9.29B | $9.42B | $8.81B | ||||
| Construction Revenue | $1.22B | $1.49B | $1.60B | $1.57B | ||||
| Leasing & Sale Of Properties | $834.62M | $743.41M | $1.44B | $653.79M | ||||
| Electricity Distribution | $238.54M | — | — | — | ||||
| Port Elevation | $337.54M | $558.70M | $685.34M | $794.12M | ||||
| Other Products | $418.85M | $538.45M | $596.63M | $2.19B | ||||
| Other Services | $289.42M | $792.95M | $823.50M | $507.87M | ||||
| Total | $39.39B | $39.53B | $44.01B | $40.43B |
Cosan brought in $40.43B from its eight revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 8.1% from $44.01B in fiscal 2024. Transportation was the largest at $13.05B (32.3%), ahead of Gas Distribution at $12.84B (31.8%) and Lubricants & Basic Oil at $8.81B (21.8%). The other five revenue lines brought in $5.72B combined.
Compared with fiscal 2024, Other Products grew fastest, up 267.8% to $2.19B, while Gas Distribution fell the most, down 20.6% to $12.84B.
Cosan stopped reporting Electricity Distribution as a separate revenue line after fiscal 2022, when it brought in $238.54M.
Raizen was Cosan’s largest segment in fiscal 2025, bringing in $228.80B of $40.42B (566%).
| Segment | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Raizen | $244.29B | $221.69B | $251.20B | $228.80B | ||||
| Raizen Combustiveis | — | — | — | — | ||||
| Raizen Energia | — | — | — | — | ||||
| Compass | $19.72B | $17.77B | $18.38B | $16.60B | ||||
| Rumo | $9.84B | $10.94B | $13.94B | $13.85B | ||||
| Gas & Power | — | — | — | — | ||||
| Moove | $8.98B | $10.08B | $10.25B | $9.32B | ||||
| Logistics | — | — | — | — | ||||
| Gas & Energy | — | — | — | — | ||||
| Radar | $834.62M | $743.41M | $1.44B | $653.79M | ||||
| Elimination Of Intersegment Amounts | -$63.04M | -$61.29M | -$61.43M | -$10.56M | ||||
| Deconsolidation Of Joint Ventures | — | — | — | — | ||||
| Eliminations & Reconciling Items | -$244.29B | -$221.69B | -$251.20B | -$228.80B | ||||
| Total | $39.31B | $39.47B | $43.95B | $40.42B |
Cosan brought in $40.42B from its seven segments in fiscal 2025, the year ended December 31, 2025. That was down 8.0% from $43.95B in fiscal 2024. Raizen was the largest at $228.80B (566.1%), ahead of Compass at $16.60B (41.1%) and Rumo at $13.85B (34.3%). The other two segments brought in $9.97B combined.
Compared with fiscal 2024, every segment above 2% of revenue shrank. Rumo held up best, down 0.6% to $13.85B, and Compass fell the most, down 9.7% to $16.60B. From fiscal 2022 to 2025, combined revenue from these segments grew from $39.31B to $40.42B, a compound annual growth rate of 0.9%. Raizen's share of the total fell from 621.4% to 566.1%.
The total is net of Elimination Of Intersegment Amounts, which took $10.56M off revenue in fiscal 2025.
Br was Cosan’s largest region in fiscal 2025, bringing in $34.74B of $40.42B (86%).
| Geography | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Br | $33.71B | $33.82B | $38.19B | $34.74B | ||||
| Europe | $3.08B | $3.05B | $3.10B | $3.19B | ||||
| Us | $1.77B | $2.46B | $2.36B | $2.17B | ||||
| Latin America | $697.12M | $144.85M | $304.07M | $278.17M | ||||
| North America | — | — | — | — | ||||
| Asia & Other | $60.09M | — | — | $40.92M | ||||
| Total | $39.32B | $39.47B | $43.95B | $40.42B |
Cosan brought in $40.42B from its five regions in fiscal 2025, the year ended December 31, 2025. Cosan regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $43.95B. Br was the largest at $34.74B (86.0%), ahead of Europe at $3.19B (7.9%) and Us at $2.17B (5.4%). The other two regions brought in $319.08M combined.
Compared with fiscal 2024, Europe grew fastest, up 2.9% to $3.19B, while Br fell the most, down 9.0% to $34.74B. From fiscal 2022 to 2025, combined revenue from these regions grew from $39.32B to $40.42B, a compound annual growth rate of 0.9%. Br's share held steady at about 86.0%.
Cosan (CSANY) reports its revenue by products and services, by segment and by geography. In fiscal 2025, Transportation was its largest revenue line, bringing in $13.05B (32.3% of the total), followed by Gas Distribution at $12.84B (31.8%).
Transportation was Cosan's largest revenue line in fiscal 2025, bringing in $13.05B, or 32.3% of the $40.43B total across its eight revenue lines.
Raizen was Cosan's largest segment in fiscal 2025, bringing in $228.80B, or 566.1% of the $40.42B total across its seven segments.
Br was Cosan's largest region in fiscal 2025, bringing in $34.74B, or 86.0% of the $40.42B total across its five regions.
Among Cosan's revenue lines that make up at least 2% of revenue, Other Products grew fastest in fiscal 2025, up 267.8% from $596.63M to $2.19B.
Every figure comes from Cosan's annual financial filings, as reported. Each line keeps the name Cosan gives it, and years follow its fiscal calendar.
Cosan's revenue by products and services goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.