IRSA profit climbs to ARS 420,977M in FY 2026
IRSA (IRS) posts sharply higher annual profit, expands retail and office assets, and reports a sizable dividend yield and new debt issuance.
Rhea-AI Filing Summary
IRSA Investments & Representations Inc. (IRS) reported strong full-year results for the fiscal year ended June 30, 2026, with profit for the year of ARS 420,977 million, up from ARS 261,911 million, and total comprehensive income of ARS 419,228 million.
Profit attributable to shareholders of the controlling company reached ARS 393,510 million, while total shareholders’ equity rose to ARS 2,420,410 million, including ARS 2,279,754 million attributable to controlling shareholders. Adjusted EBITDA from rental segments was ARS 317,725 million, increasing year-on-year and supported by improved performance in Offices and Hotels.
The company expanded its shopping mall portfolio to 18 assets and more than 410,000 sqm of GLA, maintained 100% occupancy in its premium office portfolio, and advanced key development projects such as Oeste Outlet, Distrito Diagonal and Ramblas del Plata. As of June 30, 2026, share capital was ARS 8,461,159,220, with 845,994,994 outstanding shares, a market capitalization of about USD 1,306 million, and Cresud holding 55.14% of the share capital; during the year IRSA issued notes totaling USD 230 million and distributed cash dividends with an approximate 10% dividend yield.
Positive
- Profit for fiscal 2026 rose to ARS 420,977 million, up from ARS 261,911 million, indicating a significantly stronger annual result.
- Total shareholders’ equity increased to ARS 2,420,410 million from ARS 2,232,874 million, reflecting higher retained earnings and reserves.
- Adjusted EBITDA from rental segments reached ARS 317,725 million, increasing year-on-year and supported by better Offices and Hotels performance.
- Shopping mall portfolio expanded to 18 assets and 410,000+ sqm of GLA, including new acquisitions Al Oeste and Los Gallegos Shopping.
- Premium office portfolio maintained 100% occupancy, and a new 15,350 sqm GLA office building at Polo Dot was launched with Mercado Libre as main tenant.
- The company issued notes totaling USD 230 million and paid cash dividends with an approximate 10% dividend yield, combining capital markets access with shareholder distributions.
Negative
- None.
Key Figures
Profit for the fiscal year 2026: ARS 420,977 million
Profit for the fiscal year 2025: ARS 261,911 million
Total comprehensive income 2026: ARS 419,228 million
+5 more
8 metrics
Profit for the fiscal year 2026
ARS 420,977 million
Results for the fiscal year ended June 30, 2026
Profit for the fiscal year 2025
ARS 261,911 million
Results for the fiscal year ended June 30, 2025
Total comprehensive income 2026
ARS 419,228 million
Total comprehensive income for the fiscal year ended June 30, 2026
Total shareholders’ equity
ARS 2,420,410 million
Equity as of June 30, 2026
Adjusted EBITDA from rental segments
ARS 317,725 million
Fiscal year ended June 30, 2026; 1.4% YoY increase
Market capitalization
USD 1,306 million
As of June 30, 2026 (84,611,592 GDS at USD 15.44 each)
Shares outstanding
845,994,994 shares
Outstanding shares net of treasury shares as of June 30, 2026
Notes issued during the year
USD 230 million
Debt securities issued during the fiscal year
Key Terms
Adjusted EBITDA, Other comprehensive income, Non-controlling interest, GLA, +2 more
6 terms
Adjusted EBITDA financial
"Adjusted EBITDA from the rental segments reached ARS 317,725 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.
Other comprehensive income financial
"Other comprehensive income for the fiscal year | (1,749) | (1,071)"
Other comprehensive income is a section of a company’s financial statements that records gains and losses not shown in the regular profit-and-loss line, such as paper gains or losses on certain investments, pension plan adjustments, and changes from converting foreign operations. These items don’t represent cash earned or spent today but change a company’s reported net worth, like value swings in things stored in a closet rather than money in your wallet, and help investors spot hidden strengths or risks to long-term financial health.
Non-controlling interest financial
"Non-controlling interest | 27,467 | 1,250"
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.
GLA technical
"portfolio, which reached 18 assets and more than 410,000 sqm of GLA"
dividend yield financial
"distributed cash dividends representing a dividend yield of approximately 10%"
Dividend yield is the annual cash dividend a company pays divided by its current share price, shown as a percentage. It tells investors how much income they would receive for each dollar invested—similar to the interest rate on a savings account—helping compare income potential across stocks and flagging when a payout looks unusually high or low relative to the share price.
mixed-use project technical
"development of Ramblas del Plata, our largest mixed-use project"
A mixed-use project is a real estate development that combines two or more types of space—such as homes, shops, offices, or hotels—within the same building or complex. For investors it matters because the different uses can create multiple income streams and attract steady foot traffic, spreading risk like owning a small portfolio under one roof; however, they can also require more complex management and face varied zoning or leasing rules.
FAQ
How much profit did IRSA (IRS) generate in fiscal year 2026?
IRSA reported profit for the fiscal year 2026 of ARS 420,977 million, compared with ARS 261,911 million in 2025. Profit attributable to shareholders of the controlling company was ARS 393,510 million.
What are the key operating highlights for IRSA (IRS) shopping malls and offices?
IRSA’s shopping mall portfolio grew to 18 assets with over 410,000 sqm of GLA, with revenues and Adjusted EBITDA broadly in line with inflation. The premium office portfolio maintained 100% occupancy and IRSA launched a new 15,350 sqm GLA office building at Polo Dot.
What level of Adjusted EBITDA did IRSA (IRS) rental segments generate in 2026?
Adjusted EBITDA from IRSA’s rental segments reached ARS 317,725 million in fiscal 2026, increasing 1.4% year-on-year, driven by improved results in the Offices and Hotels segments.
What is Cresud’s ownership stake in IRSA (IRS)?
Cresud S.A.C.I.F. y A. holds 466,459,045 shares of IRSA, representing 55.14% of the share capital net of treasury shares as of June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
