YPF (YPF) Q1 2026 profit hits ARS 611,861M but OCI loss erodes gains

Rhea-AI Filing Summary

YPF S.A. reports that its board approved condensed interim financial statements for the three-month period ended March 31, 2026. The company recorded net profit of 611,861 million pesos, including 606,289 million attributable to shareholders and 5,572 million to non-controlling interests.

Other comprehensive income was a loss of 609,088 million pesos, driven by a 640,734 million loss attributable to shareholders partly offset by 31,646 million attributable to non-controlling interests. As a result, total comprehensive income for the period was 2,773 million pesos. Total shareholders’ equity reached 16,026,518 million pesos, with 15,655,534 million attributable to shareholders of the parent. The Argentine National State, through the Ministry of Economy – Secretary of Energy, remained the controlling shareholder with 200,593,289 shares.

Insights

Equity & earnings analyst

Strong net profit is largely offset by a sizeable other comprehensive loss.

YPF generated net profit of 611,861 million pesos for the quarter ended March 31, 2026, with most attributable to common shareholders. This indicates the core business produced solid accounting earnings over the period.

However, other comprehensive income shows a loss of 609,088 million pesos, mainly from a 640,734 million pesos loss attributable to shareholders. This nearly eliminates net profit at the comprehensive income level, leaving total comprehensive income of only 2,773 million pesos.

Equity attributable to shareholders stands at 15,655,534 million pesos, supporting a total equity base of 16,026,518 million pesos. Future disclosures in company filings may clarify the underlying drivers of the large negative other comprehensive income and whether similar effects recur in subsequent periods.

Key Figures

Net profit: 611,861 million pesos Net profit attributable to shareholders: 606,289 million pesos Other comprehensive income: -609,088 million pesos +4 more

7 metrics

Net profit 611,861 million pesos Three-month period ended March 31, 2026; total net profit

Net profit attributable to shareholders 606,289 million pesos Three-month period ended March 31, 2026; parent shareholders

Other comprehensive income -609,088 million pesos Three-month period ended March 31, 2026; total OCI loss

Comprehensive income 2,773 million pesos Three-month period ended March 31, 2026; total comprehensive income

Equity attributable to shareholders 15,655,534 million pesos Shareholders’ equity as of March 31, 2026; parent shareholders

Total shareholders’ equity 16,026,518 million pesos Consolidated equity as of March 31, 2026

Controlling shareholder holdings 200,593,289 shares Shares held by Argentine National State group as of March 31, 2026

Key Terms

condensed interim financial statements, other comprehensive income, comprehensive income, non-controlling interest, +2 more

6 terms

condensed interim financial statements financial

"approved the condensed interim financial statements for the three-month period"

other comprehensive income financial

"Other comprehensive income for the period (in millions of pesos)"

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.

comprehensive income financial

"Comprehensive income for the period (in millions of pesos)"

Comprehensive income is the total change in a company’s value in a reporting period that comes from everyday operations plus other gains or losses not shown on the regular profit-and-loss statement. Think of net income as the visible money earned this year and comprehensive income as that money plus hidden adjustments—such as currency swings, unrealized gains or losses on investments, and pension revaluations—that also affect shareholders’ stake and help investors see the fuller financial picture.

non-controlling interest financial

"Attributable to non-controlling interest | 5,572"

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.

shareholders’ equity financial

"Detail of Shareholders’ equity as of 03/31/2026"

Shareholders’ equity is the portion of a company’s assets that belongs to its owners after all debts and obligations are paid — essentially assets minus liabilities, like the cash left over if a business were sold and its debts settled. Investors use it as a basic measure of a company’s financial health and per-share book value, helping assess whether shares are fairly valued and how much of a cushion exists against losses.

legal reserve financial

"Legal reserve | 1,083,622"

A legal reserve is a portion of a company’s profits that laws require it to keep instead of paying out to shareholders, acting like a mandatory rainy-day fund that protects creditors and ensures the business keeps a minimum capital cushion. For investors, it matters because it reduces the amount available for dividends and buybacks, but it also strengthens financial stability and lowers the risk of bankruptcy, influencing long-term value and risk assessments.

Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-12102

YPF Sociedad Anónima

(Exact name of registrant as specified in its charter)

Macacha Güemes 515

C1106BKK Buenos Aires, Argentina

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Autonomous City of Buenos Aires, May 7, 2026

To the

BOLSAS Y MERCADOS ARGENTINOS S.A. (“ByMA”)

COMISIÓN NACIONAL DE VALORES

MERCADO ABIERTO ELECTRÓNICO S.A.

Ref: Financial Statements as of 03/31/2026

Dear Sirs:

In order to comply with the requirements of Article No. 63, of the ByMA Listing Regulations, we inform you that the Board of Directors of YPF S.A. (the “Company”) at its meeting held on May 7, 2026, approved the condensed interim financial statements for the three-month period ended March 31, 2026. Relevant information of the condensed consolidated interim financial statements of YPF S.A. follows:

1) Net profit for the period (in millions of pesos)

Attributable to shareholders of the parent company	606,289
Attributable to non-controlling interest	5,572
Total net profit for the period	611,861

2) Other comprehensive income for the period (in millions of pesos)

Attributable to shareholders of the parent company	(640,734)
Attributable to non-controlling interest	31,646
Total other comprehensive income for the period	(609,088)

3) Comprehensive income for the period (in millions of pesos)

Attributable to shareholders of the parent company	(34,445)
Attributable to non-controlling interest	37,218
Total comprehensive income for the period	2,773

4) Detail of Shareholders’ equity as of 03/31/2026 (in millions of pesos)

Shareholders’ contributions:
Capital	3,921
Adjustment to capital	6,081
Treasury shares	12
Adjustment to treasury shares	20
Share-based benefit plans	14,020
Acquisition cost of treasury shares	(34,414)
Share trading premiums	13,912
Issuance premiums	640
Total shareholders’ contributions	4,192
Legal reserve	1,083,622
Reserve for investments	9,072,843
Reserve for purchase of treasury shares	45,723
Other comprehensive income	5,934,760
Unappropriated retained earnings and losses	(485,606)
Equity attributable to shareholders of the parent company	15,655,534
Non-controlling interest	370,984
Total shareholders’ equity	16,026,518

2

5. Shares owned by the parent group

As of March 31, 2026, the number of shares belonging to the controlling shareholder of the Company amounted to 200,593,289 shares, which include 200,589,525 class D shares and 3,764 class A shares.

6. Shares with rights to securities representing debt convertible into shares and/or purchase options over company shares, corresponding to ownership of the shareholder or parent group

None.

7. Controlling shareholder of the company:

Argentine National State - Ministry of Economy - Secretary of Energy, with legal domicile at Hipólito Yrigoyen 250, Autonomous City of Buenos Aires

Yours faithfully,

Margarita Chun

Markets Relations Officer

YPF S.A.

3

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		YPF Sociedad Anónima
Date: May 7, 2026		By:		/s/ Margarita Chun
		Name:		Margarita Chun
		Title:		Market Relations Officer

4

FAQ

What net profit did YPF (YPF) report for the quarter ended March 31, 2026?

YPF reported net profit of 611,861 million pesos for the three-month period ended March 31, 2026. Of this total, 606,289 million pesos were attributable to shareholders of the parent company and 5,572 million pesos to non-controlling interests.

How did other comprehensive income affect YPF (YPF) results for Q1 2026?

Other comprehensive income showed a loss of 609,088 million pesos for the period. This reflected a 640,734 million peso loss attributable to shareholders, partly offset by 31,646 million pesos attributable to non-controlling interests, significantly reducing overall comprehensive income.

What was YPF (YPF) total comprehensive income for the period ended March 31, 2026?

Total comprehensive income for the three-month period was 2,773 million pesos. This figure combines net profit of 611,861 million pesos with a 609,088 million peso loss in other comprehensive income, resulting in a relatively small positive comprehensive result.

What level of shareholders’ equity did YPF (YPF) report as of March 31, 2026?

Total shareholders’ equity was 16,026,518 million pesos as of March 31, 2026. Equity attributable to shareholders of the parent company was 15,655,534 million pesos, while non-controlling interest accounted for 370,984 million pesos within total equity.

Who is the controlling shareholder of YPF (YPF) and how many shares do they hold?

The controlling shareholder is the Argentine National State, acting through the Ministry of Economy – Secretary of Energy. As of March 31, 2026, it held 200,593,289 shares, including 200,589,525 class D shares and 3,764 class A shares.

Does YPF (YPF) have any shares tied to convertible debt or share purchase options?

YPF reported no shares with rights to securities representing debt convertible into shares or purchase options over company shares for the shareholder or parent group. This indicates no such convertible or option-linked instruments were outstanding in this category at that date.