Edenor (NYSE: EDN) posts ARS 117,854m profit and ARS 69,292m investments
Rhea-AI Filing Summary
Edenor reported a profit of ARS 117,854 million for the three-month period ended March 31, 2026, supported by a distribution margin that increased 13% versus the same period in 2025. EBITDA reached ARS 190,579 million, mainly from higher revenue after restoration of the electricity rate and the ongoing Five-year Electricity Rate Review approved in 2025.
The company invested ARS 69,292 million in the quarter to enhance and expand its network. Electricity sales were 5,852 GWh, with the customer base rising to 3.4 million, up 1.4% year-on-year. Energy losses improved, with a Rolling 12-Month Rate of 15.32% as of March 2026 and cumulative 1Q26 losses of 14.0%.
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Insights
Edenor shows strong Q1 2026 profitability with higher tariffs, heavier capex and better losses.
Edenor posted profit of ARS 117,854 million and EBITDA of ARS 190,579 million for Q1 2026. Management links this to restored electricity rates, the automatic Five-year Electricity Rate Review and recognition under the Framework Agreement with the Federal Government.
The company invested ARS 69,292 million, indicating continued focus on network quality and coverage. Operating indicators also moved in a favorable direction, with electricity sales at 5,852 GWh, the customer base up 1.4% and lower energy losses on a rolling basis.
Future filings will clarify whether these trends are sustained as the tariff review continues and macroeconomic conditions in Argentina evolve, particularly regarding energy losses, capex levels and the impact of the Framework Agreement on recurring profitability.

