Cresud S.A.C.I.F. and A. filed a Form 6-K with the SEC on November 9, 2026, reporting first-quarter fiscal year 2027 financial highlights and equity details as of September 30, 2026, in compliance with Article 63 of the Buenos Aires Stock Exchange Regulations.

Key Highlights

  • Net income declined: Results for the three-month period ended September 30, 2026 were ARS 26,331 million, compared to ARS 146,866 million in the same period of 2025, according to the filing.
  • Adjusted EBITDA rose 66.4%: The company reported Adjusted EBITDA of ARS 130,401 million for the period, 66.4% higher than in the same period of 2026, with the agricultural segments contributing ARS 49,194 million and IRSA contributing ARS 84,016 million.
  • Dividend approved: On October 22, 2026, the Shareholders' Meeting approved a dividend distribution of ARS 116,000 million, consisting of ARS 81,200 million in cash and ARS 34,800 million in IRSA shares, representing approximately a 9% dividend yield.
  • Market capitalization: As of September 30, 2026, the company's market capitalization was approximately USD 736.6 million, based on 70,930,830 ADS at a price per ADS of USD 10.38.
  • BrasilAgro farm sale: Subsidiary BrasilAgro completed the sale of a 2,593-hectare portion (1,753 productive hectares) of the "Rio do Meio" farm for a nominal amount of BRL 96.4 million.
  • Principal shareholder: Eduardo Sergio Elsztain, directly and indirectly, owned 278,159,391 shares, accounting for 39.22% of the share capital net of treasury shares, as of September 30, 2026.

Cresud First-Quarter FY2027 Results and Equity Position as of September 30, 2026

According to the Form 6-K filed November 9, 2026, Cresud S.A.C.I.F. and A. (NASDAQ:CRESY) reported net income of ARS 26,331 million for the three-month period ended September 30, 2026, a significant decrease from ARS 146,866 million in the comparable prior-year period. The filing attributed this lower result "mainly" to "losses from changes in the fair value of investment properties in the urban real estate business (IRSA)." Of the ARS 26,331 million total, ARS 2,655 million was attributable to shareholders of the controlling company and ARS 23,676 million to non-controlling interest.

The filing also disclosed that total comprehensive income for the same three-month period was negative ARS 26,625 million, compared to a positive ARS 224,868 million in the prior-year period, driven by other comprehensive losses of ARS 52,956 million versus a gain of ARS 78,002 million in the same quarter of 2025. Total shareholders' equity stood at ARS 3,305,311 million as of September 30, 2026, down from ARS 3,367,809 million as of September 30, 2025. Shareholders' equity attributable to controlling company shareholders was ARS 1,524,536 million.

The company's capital stock as of the closing date amounted to ARS 709,308,309, represented by 709,308,309 registered ordinary shares with a par value of ARS 1 each. Total shares outstanding amounted to 709,251,964. Looking ahead to agricultural operations, the filing stated that the company expects to plant approximately 324,000 hectares across the region in the 2027 campaign, 3.3% more than in the 2026 campaign, amid weather conditions described as associated with the El Nino phenomenon. The cattle business recorded "relatively stable cattle prices during the quarter, with tighter margins," according to the filing.

What Was Disclosed

Cresud filed first-quarter fiscal 2027 financial results showing a decline in net income to ARS 26,331 million, Adjusted EBITDA growth of 66.4%, a shareholder-approved dividend of ARS 116,000 million, a farm asset sale by BrasilAgro, and updated equity and ownership details as of September 30, 2026.