HIGHLIGHTS
- Net income for fiscal year 2026 amounted to
ARS 420,977 million , compared toARS 261,911 million in 2025, while Adjusted EBITDA from the rental segments reachedARS 317,725 million , increasing 1.4% YoY, driven by improved results across the Offices and Hotels segments. - The Shopping Malls segment maintained a solid operating performance during the year, with revenues and Adjusted EBITDA broadly in line with inflation.
- During the year, we continued expanding our
Shopping Mall portfolio, which reached 18 assets and more than 410,000 sqm of GLA, following the acquisitions ofAl Oeste and Los Gallegos Shopping. We also made progress on the transformation ofAl Oeste intoOeste Outlet and on the construction of Distrito Diagonal in La Plata, both expected to open during the next fiscal year. - Our Premium Office portfolio maintained 100% occupancy, and during the year we launched the development of a new 15,350 sqm GLA office building at Polo Dot, which will expand and integrate with the Zetta building, with
Mercado Libre as its main tenant. - During the year, we continued making progress on the development of Ramblas del Plata, our largest mixed-use project, both on the site's infrastructure works and its commercialization. We executed five new land swap agreements during the year and two additional agreements after year-end, bringing the total number of lots commercialized in the project to 20 to date.
- On the financial front, during the year we issued Notes totaling
USD 230 million , distributed cash dividends representing a dividend yield of approximately 10% and completed the warrant program issued in 2021.
Financial Highlights
(In millions of Argentine Pesos)
FY 2026
Income Statement | ||
Revenues | 657,599 | 625,706 |
Consolidated Gross Profit | 399,414 | 380,331 |
Net result from changes in the fair value of investment properties | 193,797 | (3,338) |
Consolidated Result from Operations | 445,357 | 230,525 |
Result for the Period | 420,977 | 261,911 |
Attributable to: | ||
IRSA's Shareholders | 393,510 | 260,661 |
Non-Controlling interest | 27,467 | 1,250 |
EPS (Basic) | 505.15 | 348.94 |
EPS (Diluted) | 505.15 | 319.05 |
Balance Sheet | ||
Current Assets | 797,719 | 751,656 |
Non-Current Assets | 4,056,934 | 3,738,312 |
Total Assets | 4,854,653 | 4,489,968 |
Current Liabilities | 455,469 | 452,502 |
Non-Current Liabilities | 1,978,774 | 1,804,592 |
Total Liabilities | 2,434,243 | 2,257,094 |
Non-Controlling Interest | 140,656 | 125,752 |
Shareholders' Equity | 2,420,410 | 2,232,874 |
The Company's market capitalization as of
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