IRSA Inversiones y Representaciones S.A announces its results for the third quarter of Fiscal Year 2026 ended March 31, 2026

IRSA (NYSE: IRS) reported Q3 FY2026 results for the nine months ended March 31, 2026.

Rhea-AI Summary

IRSA (NYSE: IRS) reported Q3 FY2026 results for the nine months ended March 31, 2026. Net income was ARS 239,741 million versus ARS 46,497 million a year earlier. Revenues were ARS 464,366 million and Adjusted EBITDA (rental) was ARS 232,327 million, +4.6% year-over-year. The company reported 100% occupancy in its premium office portfolio and launched a new 15,350 sqm office building at Polo Dot with Mercado Libre as main tenant. Market capitalization was ~USD 1,314 million as of March 31, 2026.

Positive

• Net income ARS 239,741m (9M FY2026) versus ARS 46,497m prior year
• Basic EPS 297.05 ARS versus 59.80 ARS prior year
• New 15,350 sqm office launched at Polo Dot with Mercado Libre as main tenant
• Adjusted EBITDA (rental) ARS 232,327m for 9M FY2026

Negative

• None.

Argus May 7 session

-2.20% close to close Open Argus

Details

News Market Reaction – IRS

In the May 7 session, IRS declined 2.20%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights strong year-to-date performance, with net income of ARS 239,741 million...

Analysis

This announcement highlights strong year-to-date performance, with net income of ARS 239,741 million and rental Adjusted EBITDA of ARS 232,327 million growing 4.6% year over year. The company reports 100% occupancy in its premium office portfolio, new GLA at Polo Dot, and ongoing developments like Distrito Diagonal and Ramblas del Plata. Investors may watch future fair value changes, rental growth across malls, offices and hotels, and execution on development projects to gauge the durability of these results.

Key Figures

Net income 9M 2026: ARS 239,741 million Revenues 9M 2026: ARS 464,366 million Adj. EBITDA rental: ARS 232,327 million +5 more

Net income 9M 2026

ARS 239,741 million

First nine months FY2026 vs ARS 46,497 million prior-year period

Revenues 9M 2026

ARS 464,366 million

Income statement for period ended 03/31/2026

Adj. EBITDA rental

ARS 232,327 million

Rental segments, first nine months FY2026, +4.6% year-over-year

EPS (Basic)

297.05

Earnings per share basic, period ended 03/31/2026

Total assets

ARS 4,308,262 million

Balance sheet as of 03/31/2026

Total liabilities

ARS 2,270,013 million

Balance sheet as of 03/31/2026

Market capitalization

USD 1,314 million

As of March 31, 2026 (81,079,712 GDS at USD 16.21 each)

New office GLA

15,350 sqm

New office building at Polo Dot launched in the quarter

Previous Earnings Reports

5 past events · Latest: Feb 04

Same Type 5 events

1. Feb 04

   Earnings results

   24h Move

   -2.2%

   Sharp earnings improvement and higher rental EBITDA plus a sizable cash dividend.

2. Nov 06

   Earnings results

   24h Move

   -1.1%

   Return to net gain driven by fair value property gains and higher rental EBITDA.

3. May 06

   Earnings results

   24h Move

   +1.8%

   Turnaround to profit, strong malls performance, Ramblas agreements and note issuance.

4. Feb 07

   Earnings results

   24h Move

   -7.2%

   Net loss driven by adverse fair value changes on investment properties.

5. Nov 06

   Earnings results

   24h Move

   +3.4%

   Large loss from property revaluations despite portfolio and transaction activity.

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

2 terms

adjusted EBITDA financial

"Adjusted EBITDA from rental segments reached ARS 232,327 million in the first nine months"

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) | 297.05 | 59.80 EPS (Diluted) | 283.71 | 54.31"

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.

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BUENOS AIRES, Argentina, May 6, 2026 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the third quarter of the Fiscal Year 2026 ended March 31, 2026.

HIGHLIGHTS

• Net income for the first nine months of 2026 amounted to ARS 239,741 million, compared to ARS 46,497 million in the same period of the previous year, while Adjusted EBITDA from rental segments reached ARS 232,327 million in the first nine months of 2026, increasing 4.6% year-over-year, with solid performance across all three segments: shopping malls, offices, and hotels.
• In the Shopping Malls segment, revenues and Adjusted EBITDA increased by 2.4% and 2.0%, respectively, during the first nine months of fiscal year 2026, driven by higher base rent and other fixed components.
• We maintained 100% occupancy in our premium office portfolio during the third quarter, while the Hotels segment continued to show a recovery in revenue and EBITDA levels.
• During the quarter, we launched a new 15,350 sqm GLA office building at Polo Dot (northern area of the City of Buenos Aires), which will expand and integrate the Zetta building, with Mercado Libre as the main tenant. We also continued advancing the construction of the Distrito Diagonal shopping mall in La Plata and the Del Plata building in downtown Buenos Aires.
• During the quarter, we executed swap agreements for two new lots at Ramblas del Plata for USD 11.3 million and continued advancing infrastructure works at the plot, while awaiting project definition and the start of construction of the first buildings, expected in the next fiscal year.

Financial Highlights
(In millions of Argentine Pesos)
9M FY 2026

Income Statement	03/31/2026	03/31/2025
Revenues	464,366	445,596
Consolidated Gross Profit	290,319	272,310
Net result from changes in the fair value of investment properties	30,231	(188,173)
Consolidated Result from Operations	238,531	(7,238)
Result for the Period	239,741	46,497
Attributable to:
IRSA's Shareholders	227,537	44,314
Non-Controlling interest	12,204	2,183
EPS (Basic)	297.05	59.80
EPS (Diluted)	283.71	54.31
Balance Sheet	03/31/2026	06/30/2025
Current Assets	715,873	704,028
Non-Current Assets	3,592,389	3,501,443
Total Assets	4,308,262	4,205,471
Current Liabilities	445,808	423,827
Non-Current Liabilities	1,824,205	1,690,248
Total Liabilities	2,270,013	2,114,075
Non-Controlling Interest	115,884	117,786
Shareholders' Equity	2,038,249	2,091,396

The Company's market capitalization as of March 31, 2026, was approximately USD 1,314 million. (81,079,712 GDS with a price per GDS of USD 16.21).

IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BYMA: IRSA), the Argentina's largest, most well-diversified real estate company, cordially invites you to participate in its IIIQ FY 2026 Results Conference Call on Thursday, May 7, 2026, at 4:30 PM US Eastern Time / 5:30 PM BA Time.

To access the Webinar:

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

Webinar ID: 820 9524 3817

Password: 611121

In addition, you can participate communicating to this numbers:

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

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

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

United States of America: +1 564 217 2000, +1 646 931 3860, +1 669 444 9171, +1 669 900 6833, +1 689 278 1000

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

Investor Relations Department.

+ 5411 4323-7449

ir@irsa.com.ar

https://www.irsa.com.ar/en/investors/

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View original content:https://www.prnewswire.com/news-releases/irsa-inversiones-y-representaciones-sa-announces-its-results-for-the-third-quarter-of-fiscal-year-2026-ended-march-31-2026-302764795.html

SOURCE IRSA Inversiones y Representaciones S.A.

FAQ

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

What was IRSA's net income for the nine months ended March 31, 2026 (IRS)?

Net income for 9M FY2026 was ARS 239,741 million. According to the company, this compares with ARS 46,497 million in the same period a year earlier.

How did IRSA's revenue and Adjusted EBITDA perform in 9M FY2026 (IRS)?

Revenue for 9M FY2026 was ARS 464,366 million, and Adjusted EBITDA from rental segments was ARS 232,327 million. According to the company, rental EBITDA rose 4.6% year-over-year.

What new developments did IRSA announce in Q3 FY2026 (IRS)?

IRSA launched a 15,350 sqm office building at Polo Dot and advanced Distrito Diagonal construction. According to the company, Mercado Libre is the main tenant for the new building.

What occupancy did IRSA report for its premium office portfolio in Q3 FY2026 (IRS)?

IRSA reported 100% occupancy in its premium office portfolio during Q3 FY2026. According to the company, this reflects full leasing in that office cohort for the quarter.

What was IRSA's market capitalization as of March 31, 2026 (IRS)?

Market capitalization was approximately USD 1,314 million as of March 31, 2026. According to the company, this equals 81,079,712 GDS at USD 16.21 per GDS.