CRESUD S.A.C.I.F. y A. announces its results for the third quarter of Fiscal Year 2026 ended March 31, 2026

Cresud (NASDAQ: CRESY) reported results for the nine months ended March 31, 2026.

Rhea-AI Summary

Cresud (NASDAQ: CRESY) reported results for the nine months ended March 31, 2026. Net income rose to ARS 231,308 million from ARS 77,358 million. Adjusted EBITDA was ARS 202,839 million, down 12.0% year-over-year. Agricultural revenue reached ARS 505,820 million; planted area was 311,000 hectares. The company issued Series LII and LIII notes totaling USD 64.2 million after quarter-end.

Positive

• Net income ARS 231,308m (vs ARS 77,358m prior period)
• Agricultural revenue ARS 505,820m (≈28% increase YoY)
• Planted area 311,000 hectares, 4.2% above prior campaign
• Issued Series LII and LIII notes totaling USD 64.2m

Negative

• Adjusted EBITDA ARS 202,839m, down 12.0% YoY
• BrasilAgro faced adverse weather and tighter crop margins

Argus May 8 session

-0.71% close to close Open Argus

Details

News Market Reaction – CRESY

On May 8, the first trading day after this news, CRESY closed 0.71% below the previous close.

Data tracked by StockTitan Argus for the May 8 session.

Market Context

This announcement highlights solid nine-month net income of ARS 231,308 million alongside a 12.0% de...

Analysis

This announcement highlights solid nine-month net income of ARS 231,308 million alongside a 12.0% decline in adjusted EBITDA to ARS 202,839 million, underscoring both strength and margin pressure. Agricultural and urban property revenues grew, and total assets reached ARS 6,507,496 million. Historically, Cresud’s earnings have been influenced by IRSA valuations and planting decisions, so upcoming quarters’ profitability, cash generation and debt servicing will be key metrics to watch.

Key Figures

Net income 9M FY2026: ARS 231,308 million Net income 9M FY2025: ARS 77,358 million Adjusted EBITDA 9M FY2026: ARS 202,839 million +5 more

Net income 9M FY2026

ARS 231,308 million

Nine months ended March 31, 2026

Net income 9M FY2025

ARS 77,358 million

Nine months ended March 31, 2025

Adjusted EBITDA 9M FY2026

ARS 202,839 million

Nine months ended March 31, 2026; 12.0% below prior period

Agricultural revenue

ARS 505,820 million

Nine months ended March 31, 2026

Urban properties revenue

ARS 373,352 million

Nine months ended March 31, 2026

EPS (Basic)

189.99

Nine months ended March 31, 2026

Total assets

ARS 6,507,496 million

Balance sheet at March 31, 2026

Market capitalization

USD 902.2 million

As of March 31, 2026

Previous Earnings Reports

5 past events · Latest: Feb 10

Same Type 5 events

1. Feb 10

   Earnings release

   24h Move

   +1.5%

   Swing to large net income and higher agricultural revenue despite EBITDA decline.

2. Nov 10

   Earnings release

   24h Move

   +3.2%

   Net income turnaround and higher adjusted EBITDA contribution from core segments.

3. May 09

   Earnings release

   24h Move

   +4.2%

   Return to profit, EBITDA growth in agribusiness and urban properties, larger planting.

4. Feb 10

   Earnings release

   24h Move

   -5.5%

   Significant net loss and lower adjusted EBITDA driven by IRSA fair-value changes.

5. Nov 08

   Earnings release

   24h Move

   -0.1%

   Large net loss despite stronger EBITDA and expanded planting program.

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

Key Terms

adjusted EBITDA, EPS, ADS

3 terms

adjusted EBITDA financial

"Adjusted EBITDA for the period reached ARS 202,839 million, 12.0% below..."

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.

EPS financial

"EPS (Basic) | 189.99 | 49.97 EPS (Diluted) | 189.99 | 44.53"

Earnings per share (EPS) measures how much profit a company makes for each outstanding share of its stock by dividing the company’s profit after expenses by the number of shares. It matters to investors because it shows how much of the company’s “pie” each share represents—higher EPS usually signals greater profitability per share, helps compare companies of different sizes, and influences stock valuations and investor decisions.

View in glossary

ADS financial

"70,930,830 ADS with a price per ADS of USD 12.72"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

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

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BUENOS AIRES, Argentina, May 7, 2026 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for the third quarter of FY 2026 ended March 31, 2026.

HIGHLIGHTS

• Net income for the nine-month period of FY2026 recorded a gain of ARS 231,308 million, compared to a gain of ARS 77,358 million in the same period of FY2025, mainly driven by the operating performance of the Urban Properties and Investments business (IRSA).
  
  
• Adjusted EBITDA for the period reached ARS 202,839 million, 12.0% below the same period of FY2025. Adjusted EBITDA from the agribusiness segments was a gain of ARS 13,646 million, while the Urban Properties and Investments segment (through IRSA) recorded a gain of ARS 214,587 million.
  
  
• The 2026 campaign is progressing under generally favorable weather conditions, except in some regions where BrasilAgro operates, amid rising international commodity prices and higher input costs. We planted 311,000 hectares across the region, 4.2% above the previous campaign.
  
  
• Argentina recorded solid grain production results, with record wheat production and strong development of summer crops —soybeans and corn— supporting good yields and production levels. Meanwhile, BrasilAgro faces a more challenging environment, impacted by adverse weather events in certain regions, tighter margins in some crops, and a lower contribution from sugarcane.
  
  
• Livestock activity continues to benefit from firm cattle prices, supported by international demand and a strong local market, allowing for solid production margins.
  
  
• Subsequent to quarter-end, we issued Series LII and LIII notes in the local market for a total amount of USD 64.2 million, reducing the company's average financing cost.

Financial Highlights
(In millions of Argentine Pesos)
9M FY 2026 ended March 31, 2026

Income Statement	03/31/2026	03/31/2025 Restated
Agricultural Business Revenue	505,820	395,890
Agricultural Business Gross Profit	94,059	71,765
Urban Properties Revenues	373,352	357,489
Urban Properties Gross Profit	292,738	274,386
Consolidated Gross Profit	383,309	343,581
Consolidated results from Operations	211,588	10,388
Result for the Period	231,308	77,358
Attributable to:
Cresud's Shareholders	121,665	30,061
Non-Controlling interest	109,643	47,297
EPS (Basic)	189.99	49.97
EPS (Diluted)	189.99	44.53
Balance Sheet	03/31/2026	06/30/2025
Current Assets	1,621,000	1,559,439
Non-Current Assets	4,886,496	4,805,956
Total Assets	6,507,496	6,365,395
Current Liabilities	1,131,838	1,253,082
Non-Current Liabilities	2,560,867	2,343,172
Total Liabilities	3,692,705	3,596,254
Non-Controlling Interest	1,507,749	1,555,075
Shareholders' Equity	2,814,791	2,769,141

The Company's market capitalization as of March 31, 2026, was approximately USD 902.2 million. (70,930,830 ADS with a price per ADS of USD 12.72)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its third quarter of the FY 2026 Results Conference Call on Friday, May 8, 2026, at 12:30 PM Eastern Time / 01:30 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_WC3YC9wUQFGk8366I7q9rw

Webinar ID: 891 9471 0565

Password: 121281

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 Twitter: @cresudir

View original content:https://www.prnewswire.com/news-releases/cresud-sacif-y-a-announces-its-results-for-the-third-quarter-of-fiscal-year-2026-ended-march-31-2026-302766346.html

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Cresud's net income and EPS for 9M FY2026 (CRESY)?

Net income for 9M FY2026 was ARS 231,308 million, and basic EPS was 189.99. According to the company, results reflect strong urban properties performance and higher agricultural revenues in Argentina.

Why did Cresud's Adjusted EBITDA decline in 9M FY2026 (CRESY)?

Adjusted EBITDA declined 12.0% to ARS 202,839 million for the period. According to the company, weaker margins in some agribusiness regions, notably BrasilAgro, and higher input costs weighed on EBITDA.

How much land did Cresud plant in the 2026 campaign and how does it compare (CRESY)?

Cresud planted 311,000 hectares in the 2026 campaign, 4.2% above the prior campaign. According to the company, Argentine crops delivered strong yields while some BrasilAgro regions faced adverse weather.

What financing action did Cresud take after March 31, 2026 (CRESY)?

After quarter-end Cresud issued Series LII and LIII notes totaling USD 64.2 million. According to the company, the notes reduced the firm's average financing cost.

How did Cresud's agricultural revenue perform in 9M FY2026 (CRESY)?

Agricultural business revenue rose to ARS 505,820 million for 9M FY2026. According to the company, higher international commodity prices and strong Argentine grain production supported revenue gains.