NYSE$TEO
Telecom Argentina SA-ADR · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Telecom Argentina Q1 2026: revenue up 30.5% to ARS2.36T as net income surges on operating and financial gains
Telecom Argentina reported unaudited Q1 2026 results for the three months ended March 31, 2026, measured in current Argentine pesos under IAS 29. Consolidated revenues rose 30.5% year over year to ARS2,357.7 billion, with operating income of ARS295.8 billion versus ARS148.4 billion in Q1 2025. Net income jumped to ARS643.0 billion from ARS123.6 billion, aided by ARS578.7 billion in financial results from borrowings alongside higher operating performance. Adjusted EBITDA increased 36.7% to ARS819.5 billion, with margin reaching 34.8% of revenues versus 33.2% a year ago. The Personal Network segment generated ARS1,427.6 billion in revenue while the TMA Network contributed ARS870.8 billion. Mobile services revenue was ARS1,235.8 billion, internet ARS508.9 billion, and cable television ARS249.0 billion. Operating cash flow was ARS765.3 billion and capex totaled ARS433.8 billion in the quarter.
- Consolidated revenues rose 30.5% to ARS2,357.7B; net income surged to ARS643.0B from ARS123.6B and diluted EPS was ARS295.62.
- Adjusted EBITDA grew 36.7% to ARS819.5B with margin expanding to 34.8% from 33.2% in Q1 2025.
- Personal Network revenue was ARS1,427.6B and TMA Network revenue ARS870.8B; mobile services led at ARS1,235.8B.
- Operating income was ARS295.8B; financial results from borrowings contributed ARS578.7B to pre-tax income of ARS963.6B.
- Operating cash flow was ARS765.3B and capex reached ARS433.8B; cash and equivalents ended the quarter at ARS675.5B.
Headline financials
Revenue & EPS history
Telecom Argentina · Revenue · Quarterly
AR$2.36T
Revenue by segment
Telecom Argentina · AR$2.42T total across 3 segments · Q1 2026
- ICT Services – Personal NetworkAR$1.43T—59.1%
- ICT Services – TMA NetworkAR$871B—36.1%
- Other SegmentsAR$117B—4.8%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-0.8%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+4.3%
Avg return
30 days after
49%
18 / 37 earnings
Positive
+9.7%
Q3 2020
Best reaction
-30.2%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.3% | +2.3% | — | |
| Q3 2025 | -1.7% | +3.0% | -6.0% | |
| Q2 2025 | +4.6% | -4.8% | -13.7% | |
| Q4 2024 | -0.2% | +8.3% | -2.8% | |
| Q3 2024 | +2.4% | -3.6% | +19.9% | |
| Q2 2024 | +0.3% | +2.3% | +14.2% | |
| Q1 2024 | +1.5% | -2.8% | -22.3% | |
| Q4 2023 | -1.0% | +12.1% | +17.2% | |
| Q3 2023 | -2.2% | -0.4% | +45.5% | |
| Q2 2023 | -4.3% | -11.2% | -11.6% | |
| Q1 2023 | +3.9% | +6.1% | +14.3% | |
| Q4 2022 | +2.6% | +3.9% | +16.9% | |
| Q3 2022 | -3.0% | -0.7% | +10.7% | |
| Q2 2022 | -5.0% | -0.7% | +0.4% | |
| Q1 2022 | +2.8% | +5.8% | +2.0% | |
| Q4 2021 | +5.8% | +0.4% | +32.4% | |
| Q3 2021 | +4.2% | +0.8% | -1.3% | |
| Q2 2021 | -4.5% | -0.8% | -1.1% | |
| Q1 2021 | +4.3% | +10.8% | +39.1% | |
| Q4 2020 | +6.0% | +7.3% | +4.5% | |
| Q3 2020 | +9.7% | +2.8% | +21.9% | |
| Q2 2020 | -7.6% | -6.1% | -4.1% | |
| Q1 2020 | +5.6% | +7.3% | -20.1% | |
| Q4 2019 | +5.3% | -0.7% | +25.0% | |
| Q3 2019 | +0.7% | +0.8% | +15.0% | |
| Q2 2019 | -30.2% | -28.9% | -37.7% | |
| Q1 2019 | -4.6% | -6.7% | -1.5% | |
| Q3 2018 | -1.5% | -8.6% | -12.5% | |
| Q2 2018 | -9.7% | -14.2% | -13.9% | |
| Q1 2018 | -9.3% | +9.7% | -5.8% | |
| Q4 2017 | +8.1% | +9.2% | -2.3% | |
| Q3 2017 | -6.6% | +2.3% | +16.5% | |
| Q2 2017 | -4.5% | +6.2% | +7.7% | |
| Q1 2017 | +3.5% | +5.0% | +7.0% | |
| Q4 2016 | +0.8% | +5.8% | +4.9% | |
| Q3 2016 | -2.4% | -6.1% | -2.3% | |
| Q2 2016 | -0.5% | -1.2% | -1.4% | |
| Q1 2016 | — | — | — |
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