CRESUD S.A.C.I.F. y A. announces its results for the Fiscal Year 2026 ended June 30, 2026

FY 2026 saw Cresud grow net income, expand agricultural volumes, and optimize its capital structure while paying an 8% dividend yield.

Rhea-AI Summary

Cresud (CRESY) reported FY 2026 results for the year ended June 30, 2026.

Net income reached ARS 372,280 million, up from ARS 299,635 million in FY 2025, while basic EPS rose to ARS 269.68 from ARS 212.90. Consolidated gross profit increased to ARS 538,158 million from ARS 491,527 million and results from operations grew to ARS 386,222 million from ARS 295,065 million. Agricultural business revenue rose to ARS 727,486 million from ARS 598,649 million, and urban properties revenue was ARS 526,939 million versus ARS 500,352 million.

The company planted 314,000 hectares, about 5% more than the prior campaign, achieving record grain production above one million tons and record livestock production. During FY 2026 Cresud issued approximately USD 256 million in notes, reduced average financing cost, extended maturities, and distributed ARS 93,800 million in dividends, an estimated 8% dividend yield. Market capitalization as of June 30, 2026, was about USD 795.1 million.

Positive

• Net income ARS 372,280m vs ARS 299,635m in FY 2025
• Results from operations ARS 386,222m vs ARS 295,065m
• Agricultural business revenue ARS 727,486m vs ARS 598,649m
• Basic EPS ARS 269.68 vs ARS 212.90
• Dividends distributed ARS 93,800m, about 8% dividend yield
• New notes issued about USD 256m, lowering average financing cost and extending maturity

Negative

• BrasilAgro sugarcane faced weather, fires and operational issues, pressuring margins
• Non-current liabilities ARS 2,845,017m vs ARS 2,501,686m, indicating higher long-term debt

News Explained

Year-end current assets exceeded current liabilities, while the completed warrant program's effect on dilution remains unquantified.

For the FY2026 period ended June 30, 2026, Cresud reports a segment split that places adjusted EBITDA at ARS 291,055 million for Urban Properties and Investments through IRSA and ARS 17,812 million for agribusiness.

The company says its 2021 warrant program was completed, but this release provides no resulting share-count or dilution figure.

At June 30, 2026, current assets were ARS 1,824,035 million versus current liabilities of ARS 1,245,115 million; total liabilities were ARS 4,090,132 million and shareholders’ equity was ARS 3,154,507 million.

Market Context

The May 7, 2026 third-quarter results were followed by a -0.71% 24-hour move; that comparable earnin...

Analysis

The May 7, 2026 third-quarter results were followed by a -0.71% 24-hour move; that comparable earnings event covered nine-month results, while this release reported completed full-year results.

Key Figures

Net Income: ARS 372,280 million Agribusiness Adjusted EBITDA: ARS 17,812 million Urban Properties Adjusted EBITDA: ARS 291,055 million +5 more

Net Income

ARS 372,280 million

FY 2026 vs. ARS 299,635 million in FY 2025

Agribusiness Adjusted EBITDA

ARS 17,812 million

FY 2026

Urban Properties Adjusted EBITDA

ARS 291,055 million

FY 2026; through IRSA

Planted Area

314,000 hectares

2026 campaign; approximately 5% more than the previous campaign

Grain Production

Exceeding 1 million tons

2026 campaign; record production

Morotí Farm Sale

USD 1.5 million

921-hectare portion in Paraguay

Dividends

ARS 93,800 million

FY 2026 distribution

Dividend Yield

8%

FY 2026 distribution

Historical Context

1 past event · Latest: May 07

1 event

1. May 07

   Q3 earnings report

   24h Move

   -0.7%

   Nine-month results included higher net income and lower adjusted EBITDA year over year

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

adjusted ebitda, non-controlling interest, diluted eps

3 terms

adjusted ebitda financial

"Adjusted EBITDA from agribusiness segments reached ARS 17,812 million"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

non-controlling interest financial

"Non-Controlling interest | 195,024 | 171,235"

Non-controlling interest represents the portion of ownership in a company held by investors who do not have a controlling stake, meaning they do not have enough voting power to make major decisions. It is similar to owning a minority share of a business partner’s company—while they benefit from profits, they cannot control how the company is run. This matters to investors because it shows how much of the company's value is owned by outside shareholders and affects overall financial reporting.

diluted eps financial

"EPS (Diluted) | 269.68 | 193.93"

Diluted earnings per share (EPS) shows how much profit a company makes for each share of stock, assuming all possible shares from stock options or convertible securities are used. It provides a more conservative estimate than basic EPS, accounting for potential share increases that could dilute ownership. Investors use diluted EPS to get a clearer picture of a company's true profitability on a per-share basis.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BUENOS AIRES, Argentina, Sept. 8, 2026 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for FY 2026 ended June 30, 2026.

HIGHLIGHTS

• Net income for fiscal year 2026 amounted to ARS 372,280 million, compared to a gain of ARS 299,635 million in the previous fiscal year.
• Adjusted EBITDA from agribusiness segments reached ARS 17,812 million, while the Urban Properties and Investments segment (through IRSA) recorded ARS 291,055 million.
• The 2026 campaign was carried out with a larger planted area across the region, amid rising commodity prices and input costs and highly favorable weather conditions, except in certain production regions, mainly in Brazil. We planted 314,000 hectares, approximately 5% more than in the previous campaign, and achieved record grain production, exceeding one million tons.
• Argentina recorded excellent production results, with record wheat production and strong soybean and corn yields. BrasilAgro faced a more challenging campaign, particularly in sugarcane due to weather conditions, fires and operational issues, while other crops performed in line with expectations, although with tighter margins.
• Livestock activity reached record levels of cattle production, prices and margins, supported by continued production intensification through feedlots and investments in infrastructure.
• In agricultural real estate, during the fiscal year BrasilAgro agreed to sell a 921-hectare portion of the Morotí farm in Paraguay for USD 1.5 million, of which 372 hectares, representing approximately USD 0.6 million, were recognized as of fiscal year-end.
• On the financial front, during the fiscal year we issued approximately USD 256 million in notes, reducing the Company's average financing cost and extending maturity. In addition, the warrant program issued in 2021 was completed, and we distributed ARS 93,800 million in dividends, representing an approximate 8% dividend yield.

 

Financial Highlights (In millions of Argentine Pesos) FY 2026 ended June 30, 2026
Income Statement	06/30/2026	06/30/2025
Agricultural Business Revenue	727,486	598,649
Agricultural Business Gross Profit	140,075	111,993
Urban Properties Revenues	526,939	500,352
Urban Properties Gross Profit	402,778	383,356
Consolidated Gross Profit	538,158	491,527
Consolidated results from Operations	386,222	295,065
Result for the Period	372,280	299,635
Attributable to:
Cresud's Shareholders	177,256	128,400
Non-Controlling interest	195,024	171,235
EPS (Basic)	269.68	212.90
EPS (Diluted)	269.68	193.93
Balance Sheet	06/30/2026	06/30/2025
Current Assets	1,824,035	1,664,933
Non-Current Assets	5,420,604	5,131,073
Total Assets	7,244,639	6,796,006
Current Liabilities	1,245,115	1,337,853
Non-Current Liabilities	2,845,017	2,501,686
Total Liabilities	4,090,132	3,839,539
Non-Controlling Interest	1,699,574	1,660,273
Shareholders' Equity	3,154,507	2,956,467

The Company's market capitalization as of June 30, 2026, was approximately USD 795.1 million. (70,930,830 ADS with a price per ADS of USD 11.21)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its FY 2026 Results Conference Call on Tuesday, September 8, 2026, at 11:00 AM Eastern Time / 12:00 PM BA Time.

To access the Webinar:
https://us02web.zoom.us/webinar/register/WN_yxWCWXIHRvmgRkrIBzJLJw

Webinar ID: 810 2640 3132
Password: 256107

In addition, you can participate by dialing the following numbers:

Argentina: +54 115 983 6950, +54 341 512 2188, +54 343 414 5986, +54 112 040 0447

Israel: +972 3 978 6688, +972 2 376 4509, +972 2 376 4510

Brazil: +55 21 3958 7888, +55 11 4632 2236, +55 11 4632 2237, +55 11 4680 6788, +55 11 4700 9668

US: +1 719 359 4580, +1 929 205 6099, +1 253 205 0468, +1 253 215 8782, +1 301 715 8592

Chile: +56 41 256 0288, +56 22 573 9304, +56 22 573 9305, +56 23 210 9066, +56 232 938 848

UK: +44 330 088 5830, +44 131 460 1196, +44 203 481 5237, +44 203 481 5240, +44 208 080 6591

Investor Relations Department.
https://www.cresud.com.ar/home-inversores.php?lng=en

Cresud S.A.C.I.F. y A.
+5411 4323-7449
ir@cresud.com.ar

Follow us on X: @cresudir

 

View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-announces-its-results-for-the-fiscal-year-2026-ended-june-30-2026-302872327.html

SOURCE Cresud S.A.C.I.F. y A.

FAQ

How did Cresud's different business segments perform in terms of adjusted EBITDA?

Adjusted EBITDA from agribusiness segments reached ARS 17,812 million. The Urban Properties and Investments segment, operated through IRSA, recorded ARS 291,055 million of adjusted EBITDA.

What operational milestones did Cresud achieve in its 2026 agricultural campaign?

Cresud carried out the 2026 campaign with a 314,000-hectare planted area, approximately 5% more than the previous campaign, and achieved record grain production exceeding one million tons. Livestock activity also reached record levels of cattle production, prices and margins, supported by production intensification through feedlots and infrastructure investments.

What were the main regional production dynamics in Argentina and BrasilAgro?

Argentina recorded excellent production results, with record wheat production and strong soybean and corn yields. BrasilAgro had a more challenging campaign in sugarcane due to weather conditions, fires and operational issues, while other crops performed in line with expectations but with tighter margins.

What agricultural real estate transaction did BrasilAgro execute during FY 2026?

BrasilAgro agreed to sell a 921-hectare portion of the Morotí farm in Paraguay for USD 1.5 million. Of this, 372 hectares, representing approximately USD 0.6 million, were recognized as of Cresud's fiscal year-end.

What was Cresud's balance sheet position at June 30, 2026?

At June 30, 2026, Cresud reported total assets of ARS 7,244,639 million and total liabilities of ARS 4,090,132 million. Shareholders' equity was ARS 3,154,507 million, and non-controlling interest was ARS 1,699,574 million

How many Cresud ADS were outstanding and what was the market capitalization at fiscal year-end 2026?

As of June 30, 2026, Cresud had 70,930,830 ADS outstanding at a price of USD 11.21 per ADS, implying a market capitalization of approximately USD 795.1 million.

How can investors access Cresud's FY 2026 results conference call?

The FY 2026 results conference call is scheduled for Tuesday, September 8, 2026, at 11:00 AM Eastern Time / 12:00 PM Buenos Aires Time. Investors can register via the provided Zoom webinar link using Webinar ID 810 2640 3132 and Password 256107, or participate by dialing the listed local numbers in Argentina, Israel, Brazil, the US, Chile and the UK.