EDN EDENOR
Price Chart
Executive Summary
EDENOR reported Q1 2026 results with revenue essentially flat at ARS 846.7 billion (vs ARS 846.7 billion in Q1 2025), but net income surged 147% to ARS 117.9 billion and EBITDA rose 127% to ARS 190.6 billion, driven by tariff normalization and cost management. Energy sales volumes declined 1.6% to 5,853 GWh.
Actionable Insight
The sharp improvement in profitability validates the 2025-2030 tariff review framework. Monitor upcoming monthly tariff adjustments (2.04% in April, 4.10% in May) and progress on the regulatory asset claim, which could provide further upside.
Key Facts
- Revenue 1Q26: ARS 846,710 million (flat YoY)
- Net income 1Q26: ARS 117,854 million (+147% YoY)
- EBITDA 1Q26: ARS 190,579 million (+127% YoY)
- Operating income 1Q26: ARS 134,364 million (+339% YoY)
- EPS 1Q26: ARS 134.69 (vs ARS 54.42 YoY)
- Energy sales volumes: 5,853 GWh (-1.6% YoY)
- Post-quarter: Issued USD 550 million in Class 10 Senior Notes, reducing net debt by USD 200 million
Financial Impact
Revenue flat but net income and EBITDA more than doubled due to tariff adjustments and cost reductions
Risk Factors
- Argentine macroeconomic volatility and high inflation
- Regulatory changes or delays in tariff adjustments
- Energy sales volume decline due to lower economic activity
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001292814-26-002901 |
| Document: 0001292814-26-002901-index-headers.html | 0001292814-26-002901 |
| Document: 0001292814-26-002901-index.html | 0001292814-26-002901 |
| Document: 0001292814-26-002901.txt | 0001292814-26-002901 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 14, 2026
4w ago
|
6-K
| $23.50 $25.00 | ▲ +6.38% | ▲ +7.10% | $27.56 (+17.28%) |
|
May 12, 2026
4w ago
|
6-K
| $24.16 $23.91 | ▼ −1.03% | ▼ −1.11% | $27.56 (+14.07%) |
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May 12, 2026
4w ago
|
6-K
| $24.16 $23.91 | ▼ −1.03% | ▼ −1.11% | $27.56 (+14.07%) |
|
May 12, 2026
4w ago
|
6-K
| $24.16 $23.91 | ▼ −1.03% | ▼ −1.11% | $27.56 (+14.07%) |
|
May 12, 2026
4w ago
|
6-K
| $24.16 $23.91 | ▼ −1.03% | ▼ −1.11% | $27.56 (+14.07%) |
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May 8, 2026
5w ago
|
6-K
| $24.47 $23.91 | ▼ −2.29% | ▼ −2.20% | $27.56 (+12.63%) |
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Apr 30, 2026
6w ago
|
6-K
| $25.05 $25.75 | ▲ +2.79% | ▲ +1.07% | $27.56 (+10.02%) |
US Market Status
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