Cosan S.A.
For the period ended Nov 14, 2025. Filed Nov 17, 2025.
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Nov 14, 2025 · Filed Nov 17, 2025
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6-K 1 MainDocument.htm 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant To Rule 13a-16 Or 15d-16 of the
Securities Exchange Act of 1934
For the month of November 2025
Commission File Number: 333-251238
COSAN S.A.
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant’s name into English)
Av. Brigadeiro Faria Lima, 4100, – 16 th floor
São Paulo, SP 04538-132 Brazil
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40‑F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒ a
CONTENTS
| Independent auditor's report on the Condensed interim individual and consolidated financial statements | 3 |
|---|---|
| Interim statement of financial position | 5 |
| Interim statement of profit or loss | 7 |
| Interim statement of comprehensive income | 8 |
| Interim statement of changes in equity | 9 |
| Interim statement of cash flows | 11 |
| Interim statement of value-added | 14 |
| 1. Operational context | 15 |
| 2. Relevant events of the period | 16 |
| 2.1 Investments | 16 |
| 2.2 New debts | 19 |
| 3. Statement of compliance and material accounting policies | 19 |
| 4. Segment information | 21 |
| 4.1 Net sales to external customers by product/customer type | 28 |
| 4.2 Information on geographical area | 29 |
| 5. Financial assets and liabilities | 30 |
| 5.1 Cash and cash equivalents | 31 |
| 5.2 Loans, borrowings and debentures | 31 |
| 5.3 Derivative financial instruments | 34 |
| 5.4 Related parties | 40 |
| 5.5 Trade payables | 43 |
| 5.6 Fair value measurements | 43 |
| 5.7 Financial risk management | 44 |
| 6. Investment in subsidiaries and associates | 48 |
| 6.1 Investments in subsidiaries | 48 |
| 6.2 Non-controlling interest in subsidiaries | 51 |
| 6.3 Acquisition of subsidiaries | 53 |
| 7. Investment in joint ventures | 55 |
| 8. Property, plant and equipment, intangible assets and goodwill, right-of-use assets and impairment loss | 56 |
| 8.1 Property, plant and equipment | 56 |
| 8.2 Intangible assets and goodwill | 57 |
| 8.3 Right-of-use assets | 58 |
| 8.4 Impairment loss | 59 |
| 9. Income taxes | 59 |
| 10. Provision for legal proceedings and judicial deposits | 63 |
| 11. Shareholders' equity | 66 |
| 12. Earnings per share | 68 |
| 13. Net sales | 69 |
| 14. Costs and expenses by nature | 70 |
| 15. Other operation income (expenses), net | 71 |
| 16. Financial results, net | 72 |
| 17. Share-based payment | 73 |
| 18. Subsequent events | 73 |
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