Pampa Energía reports Q3 2026 results with higher sales and net income but revenue miss

Pampa Energía released its third‑quarter 2026 financials on November 2. Sales reached US$790 million, up 34% year‑on‑year, while adjusted EBITDA rose 23% to US$398 million. Net income jumped six‑fold to US$129 million, but GAAP earnings per share were US$0.10, missing consensus estimates, and revenue fell short of the US$841.7 million forecast. Net debt increased to US$1.731 billion due to capital spending and hedging activities.

The strong profit growth may support a higher valuation, but the revenue miss and rising net debt could pressure the share price, as noted by analysts in the press release. Investors will need to weigh the earnings beat against the higher leverage.

  • 1Q3 2026 sales were US$790 million, up 34% YoY.
  • 2Adjusted EBITDA for Q3 2026 was US$398 million, up 23% YoY.
  • 3Net income for Q3 2026 was US$129 million, six times Q3 2025.
  • 4GAAP EPS for Q3 2026 was US$0.10 per share.
  • 5Revenue missed consensus by US$23.59 million, rising 33.7% YoY to US$790 million.
  • 6Net debt as of September 30, 2026 was US$1.731 billion, up from US$1.319 billion in June 2026.

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