IBOV 171,721.27 ▼ 16.27% IPSA 10,578.30 ▼ 1.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL5.41▲ 8.78% USD/MXN18.59▼ 0.42% USD/CLP991.72▼ 0.37% USD/COP3,168▲ 1.19% USD/PEN3.44▼ 0.32% USD/ARS1,540▲ 0.70% USD/UYU40.08▼ 0.01% USD/PYG5,735▼ 0.44% USD/BOB11.82▲ 0.34% USD/DOP60.35▼ 1.26% USD/CRC450.04▼ 0.53% USD/GTQ7.64▼ 0.07% USD/HNL26.87▲ 0.02% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.20% EUR/BRL6.05▲ 7.74% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,721.27 ▼ 16.27% IPSA 10,578.30 ▼ 1.56% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,476.96 ▼ 2.49% BVL PERÚ 57,093.72 ▼ 0.69% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, October 26, 2026

Brazil Runoff Turnout 80.8%, Lula Ahead by 4.4 Million

By · October 25, 2026 · 4 min read
Voters walk along the outdoor corridor of a polling station school in Gama, Federal District, during the 2022 election
Voters walk past classrooms used as polling places in Gama, Federal District, on 30 October 2022 (file photo; Photo: Pedro França/Agência Senado, CC BY 2.0, via Wikimedia Commons)

Published Sunday, 25 October 2026, 8:25 p.m. ET · Source: Superior Electoral Court (TSE) official results file

Turnout in Brazil’s presidential runoff reached 80.79% of registered voters in the sections counted at 9:25 p.m. Brasília time (8:25 p.m. ET) on Sunday 25 October, with 99.86% of polling sections (groups of voting machines) counted, the electoral court (TSE) reports. President Luiz Inácio Lula da Silva leads Flávio Bolsonaro, a conservative senator and son of former president Jair Bolsonaro, by 4,368,888 votes, 51.76% to 48.24% of valid votes, and the TSE had not yet marked a winner.

Key Facts

  • —Turnout 128,058,493 of 158,504,477 registered voters in the sections counted took part (80.79%); 19.21% stayed away.
  • —Lead Lula 64,139,700 votes (51.76%), Flávio Bolsonaro 59,770,812 (48.24%): a gap of 4,368,888 votes.
  • —Spoiled ballots 1,428,718 blank (1.12%) and 2,719,263 null (2.12%), fewer than in the first round.
  • —Prediction markets Polymarket, a crypto-based betting market, priced turnout of 80% to 82% at 97.4% and a Lula lead of 2 to 4 points at 98.8% (8:18 p.m. ET).

Live results

Brazil Election Data Room
Runoff poll average: Flávio Bolsonaro 51.0%, Lula 49.0%
45 national polls from 21 pollsters since 4 October, updated hourly. Every poll, free to download.

Follow Brazil’s runoff count on our results page

Official TSE numbers, state by state, as soon as the electoral court publishes them.

Open the live results page →

The Brazil election 2026 runoff drew more voters than the first round on 4 October. Our Brazil election results page shows the official numbers state by state.

For the national story, read the runoff results report and see the Brazil election polls tracker.

In Plain English

  • Turnout: the share of registered voters who showed up; in Brazil voting is compulsory for most adults aged 18 to 70.
  • Blank and null votes: ballots left empty or marked invalid; they count as attendance but not as votes for a candidate.
  • Registered voters in the sections counted: the electorate of the sections already counted, the base for the turnout figure.
  • Valid votes: votes for a candidate; the percentages for Lula and Flávio Bolsonaro are shares of these.

How Turnout Compares

In the first round on 4 October, 125,275,835 voters took part, a turnout of 78.92% and an abstention of 21.08%. The runoff turnout of 80.79% is higher by 1.87 percentage points.

In the 2022 runoff, abstention was 20.56%, the TSE’s final figure. This year’s 19.21% is lower.

Blank and Null Votes

Voters left 1,428,718 ballots blank, 1.12% of those cast, and 2,719,263 ballots were null, 2.12%. In the first round the shares were 1.84% blank and 2.93% null.

Brazilian UE2020 electronic voting machine with keypad and biometric reader
File photo: a Brazilian electronic voting machine (model UE2020). The white key marked BRANCO casts a blank vote.

In the 2022 runoff, 1,769,678 ballots were blank (1.43%) and 3,930,765 were null (3.16%), the TSE’s final figures. Both shares are lower in 2026.

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Oct 26, 2026 · 12:49

Ibovespa · benchmark
171,721.27
-16.27%
L 167,142day rangeH 168,310

+21.85% over 12 months

Market breadth · 15 names
47% advancing

7 ▲ advancing8 declining ▼

Currencies, rates & key inputs
USD / BRL
5.16
+0.01%

EUR / BRL
5.95
+1.01%

Selic rate
14.00%
·

Brent crude
88.88
-0.03%

Iron ore
161.91
·

Sector heatmap · average move today
Materials
+2.35%
SUZB3

Mining
+1.16%
VALE3, CSNA3, GGBR4

Industrials
+0.20%
WEGE3, RENT3

Financials
-0.10%
ITUB4, BBDC4, BBAS3, B3SA3

Energy
-0.12%
PETR4, PRIO3

Consumer Staples
-0.80%
ABEV3

Utilities
-1.38%
ENEV3

Consumer Disc.
-2.63%
AZZA3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
171,721.27
-16.27%

S&P/BMV IPCMexico
69,879.62
-0.01%

S&P IPSAChile
10,578.30
-1.56%

S&P MERVALArgentina
3,017,221
—

MSCI COLCAPColombia
2,476.96
-2.49%

BVL S&P PerúPeru
57,093.72
-0.69%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 171,721.27 -16.27% +21.85% 205,082.56 168,310 167,142 —
USD/BRL 5.16 +0.01% -5.13% 5.16 5.18 5.14 —
SELIC 14.00% — — — — —
PETR4 41.64 -0.05% +35.19% 41.66 41.97 41.15 41,499,400
VALE3 72.97 +0.83% +30.75% 72.37 73.54 72.66 17,658,000
ITUB4 38.60 -1.03% +4.57% 39.00 39.34 38.39 29,487,800
BBDC4 16.85 +0.36% +3.50% 16.79 16.90 16.67 19,416,900
BBAS3 19.37 +0.47% +0.73% 19.28 19.44 19.16 11,069,200
B3SA3 14.26 -0.21% +12.73% 14.29 14.47 14.11 33,037,800
ABEV3 14.89 -0.80% +21.91% 15.01 15.07 14.81 16,453,100
WEGE3 47.59 +0.49% +29.99% 47.36 48.08 47.36 3,364,600
PRIO3 59.14 -0.19% +50.67% 59.25 59.81 58.74 3,325,600
SUZB3 41.33 +2.35% -23.55% 40.38 41.48 40.35 3,914,900
RENT3 34.68 -0.09% +0.84% 34.71 34.96 34.35 7,979,100
AZZA3 15.89 -2.63% -53.76% 16.32 16.42 15.82 1,330,300
CSNA3 4.30 +0.47% -42.65% 4.28 4.41 4.26 10,076,100
GGBR4 24.69 +2.19% +51.38% 24.16 24.85 24.18 7,047,600
ENEV3 24.21 -1.38% +70.49% 24.55 24.64 23.99 9,297,000

Largest moves today
IBOV
171,721.27
-16.27%
AZZA3
15.89
-2.63%
SUZB3
41.33
+2.35%
GGBR4
24.69
+2.19%
ENEV3
24.21
-1.38%
ITUB4
38.60
-1.03%
VALE3
72.97
+0.83%
ABEV3
14.89
-0.80%

The session read
The Ibovespa eased 16.27%, with breadth negative — 7 of 15 names higher. Materials led, while Consumer Disc. lagged.

How Big Is the Gap?

Lula leads by 4,368,888 votes, or 3.53 percentage points of valid votes. In 2022, Lula beat then-president Jair Bolsonaro by 2,139,645 votes, or 1.80 points, so this gap is about twice as wide.

The sections still uncounted hold about 241,025 registered voters, far fewer than the gap, so the order of the two candidates cannot change. The TSE had not marked a winner at that time.

What Prediction Markets Say

On Polymarket, a crypto-based prediction market, traders priced runoff turnout of 80% to 82% at 97.4%, with US$89,395 traded on that market, at 8:18 p.m. ET on Sunday 25 October. Another Polymarket market priced a Lula lead of 2 to 4 points at 98.8%, with US$478,310 traded. These prices are bets, not polls.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

Why It Matters for the US

High turnout and a clear gap leave little room for disputes, which investors in Brazilian assets and US-listed funds watch closely. Markets are closed on Sunday, so the first price reaction comes on Monday 26 October.

What Is Not Known

The TSE had not marked a winner when this snapshot was taken, and totals will change slightly as the last sections arrive. We could not confirm the final abstention figure, which the TSE publishes once the count is complete.

Frequently Asked Questions

How high was turnout in the Brazil runoff?

Turnout was 80.79% of registered voters at 8:25 p.m. ET, with 99.86% of sections counted. That is above the first round’s 78.92%.

How big is the gap between Lula and Flávio Bolsonaro?

Lula led by 4,368,888 votes, 51.76% to 48.24% of valid votes, at 8:25 p.m. ET. The TSE had not yet marked a winner.

Sources: TSE, official results, Polymarket, runoff turnout, Polymarket, margin of victory. Data as of 8:25 p.m. ET, Sunday 25 October 2026.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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