CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2026 ended September 30, 2025
Rhea-AI Summary
Cresud (NASDAQ: CRESY) reported Q1 FY2026 results for the period ended September 30, 2025. Net income was ARS 110,133 million versus a loss of ARS 77,887 million a year earlier, driven mainly by fair value gains on IRSA investment properties. Adjusted EBITDA totaled ARS 58,764 million, down 39.7% year-over-year; agribusiness contributed ARS 5,648 million and urban properties/IRSA ARS 57,589 million.
The company plans ~321,000 hectares for the 2026 campaign (+7.4% vs 2025) and announced a ARS 93,782 million dividend (ARS 65,080 million cash; ARS 28,702 million in IRSA shares, ~8% yield). Total assets were ARS 5,839,158 million; market cap was ~USD 581.3 million as of September 30, 2025.
Positive
- Net income ARS 110,133 million (Q1 FY2026)
- Agricultural revenue ARS 190,163 million
- Announced dividend ARS 93,782 million (~8% yield)
- Planned planting ~321,000 hectares for 2026 campaign
- Urban properties gross profit ARS 79,966 million
Negative
- Adjusted EBITDA down 39.7% year-over-year
- Adjusted EBITDA agribusiness only ARS 5,648 million
- Non-current liabilities rose to ARS 2,246,474 million
- Consolidated results from operations swung to ARS 264,985 million
News Market Reaction – CRESY
In the Nov 11 session, CRESY gained 3.22%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HIGHLIGHTS
- Net income for the first quarter of fiscal year 2026 reached ARS 110,133 million, compared to a loss of
ARS 77,887 million in the same period of 2025. This result was mainly driven by the gain from changes in the fair value of IRSA investment properties. - Adjusted EBITDA for the period totaled ARS 58,764 million,
39.7% lower than in the same quarter of 2025. Adjusted EBITDA from the agribusiness segments amounted toARS 5,648 million , while the urban properties and investments business (through IRSA) contributedARS 57,589 million . - The 2026 regional agricultural campaign continues to progress under favorable weather conditions and slightly improving international commodity prices, although still at historically low levels. We expect to plant approximately 321,000 hectares across the region, representing a
7.4% increase compared to the 2025 campaign. - In September 2025, the Argentine government temporarily eliminated export taxes on main crops and beef for the remaining stock of the prior campaign, which boosted prices and improved margins.
- The livestock business continues to benefit from firm cattle prices, supported by stronger international demand and a solid local market, generating very attractive margins.
- On October 30, 2025, the Shareholders' Meeting approved a dividend distribution of ARS 93,782 million, consisting of
ARS 65,080 million in cash andARS 28,702 million in IRSA shares (~8% dividend yield).
|
Financial Highlights |
||
|
(In millions of Argentine Pesos) |
||
|
3M FY 2026 ended September 30, 2025 |
||
|
|
||
|
Income Statement |
09/30/2025 |
09/30/2024 Restated |
|
Agricultural Business Revenue |
190,163 |
151,710 |
|
Agricultural Business Gross Profit |
35,029 |
11,426 |
|
Urban Properties Revenues |
103,202 |
95,517 |
|
Urban Properties Gross Profit |
79,966 |
76,216 |
|
Consolidated Gross Profit |
114,175 |
86,958 |
|
Consolidated results from Operations |
264,985 |
(227,447) |
|
Result for the Period |
110,133 |
(77,887) |
|
|
|
|
|
Attributable to: |
|
|
|
Cresud's Shareholders |
36,844 |
(34,655) |
|
Non-Controlling interest |
73,289 |
(43,232) |
|
|
|
|
|
EPS (Basic) |
60.53 |
(58.29) |
|
EPS (Diluted) |
55.80 |
(58.29) |
|
|
|
|
|
Balance Sheet |
09/30/2025 |
06/30/2025 |
|
Current Assets |
1,420,170 |
1,321,101 |
|
Non-Current Assets |
4,418,988 |
4,071,436 |
|
Total Assets |
5,839,158 |
5,392,537 |
|
Current Liabilities |
1,067,234 |
1,061,567 |
|
Non-Current Liabilities |
2,246,474 |
1,985,053 |
|
Total Liabilities |
3,313,708 |
3,046,620 |
|
Non-Controlling Interest |
1,439,959 |
1,317,404 |
|
Shareholders' Equity |
2,525,450 |
2,345,917 |
The Company's market capitalization as of September 30, 2025, was approximately
Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its first quarter of the FY 2026 Results Conference Call on Wednesday, November 12, 2025, at 01:00 PM Eastern Time / 03:00 PM BA Time.
To access the Webinar:
https://us02web.zoom.us/webinar/register/WN_RcexurGPT8inRQm0-jLtoQ
Webinar ID: 824 6482 1687
Password: 487191
In addition, you can participate by dialing the following numbers:
US: +1 719 359 4580 or +1 929 205 6099 or +1 253 205 0468 or +1 253 215 8782 or +1 301 715 8592
Investor Relations Department.
https://www.cresud.com.ar/home-inversores.php?lng=en
Cresud S.A.C.I.F. y A.
+5411 4323-7449
Follow us on Twitter: @cresudir
View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-announces-its-results-for-the-first-quarter-of-fiscal-year-2026-ended-september-30-2025-302610735.html
SOURCE Cresud S.A.C.I.F. y A.