NYSE · Real estate

Irsa Investments & Representations Inc (IRS)

Irsa Investments & Representations Inc reported revenue of ARS 468.5B in fiscal 2025, up 2.3% from a year earlier. Net income was ARS 195.2B, a net margin of 41.7%. At June 30, 2025 it held ARS 176.8B in cash against ARS 647.1B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on October 21, 2026.

Watch IRS in 60 seconds

Price

$12.58

+3.80% on the day · November 6, 2026

52-week range $11.83 to $19.14

Market cap

$1B

Revenue (FY2025)

ARS 468.5B

+2.3% year on year

Net margin

41.7%

Key facts about Irsa Investments & Representations Inc

Net worth: Irsa Investments & Representations Inc has a market value (market cap) of $1B at the latest share price, and shareholders' equity of ARS 1.58T on its balance sheet at June 30, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit: In fiscal 2025 revenue was ARS 468.5B (+2.3% year on year), with net income of ARS 195.2B.
Cash flow: In fiscal 2025 operations brought in ARS 260.7B of cash.
Latest report: The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on October 21, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR

What Irsa Investments & Representations Inc does

Irsa Investments & Representations Inc is registered with the SEC under industry code SIC 6552 (Land Subdividers & Developers (No Cemeteries)). Its shares trade on NYSE under the ticker IRS.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in ARS.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	ARS 468.5B	ARS 172.6B	ARS 195.2B	ARS 238.90	n/a
2024	ARS 458.1B	-ARS 285B	-ARS 40.6B	-ARS 54.73	n/a
2023	ARS 462.5B	-ARS 112.3B	ARS 312.1B	ARS 380.55	n/a
2022	ARS 257B	ARS 209.6B	ARS 276.7B	ARS 472.82	n/a
2021	ARS 45.9B	-ARS 21B	-ARS 105.8B	-ARS 904.80	ARS 5.5B
2020	ARS 34.9B	ARS 95.2B	ARS 35.1B	ARS 658.02	ARS 77B

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where IRS ranks in Real estate

Revenue growth+2.3%

#121 of 207 in Real estate · Bottom 42%

Net margin41.7%

#23 of 210 in Real estate · Top 11%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

It paid out ARS 224.8B in cash dividends.

Fiscal year	Per share	Paid out	Of profit
2024	n/a	ARS 224.8B	n/a
2023	n/a	ARS 136.4B	44%
2022	n/a	ARS 1.4B	1%
2021	n/a	ARS 1.2B	n/a
2020	n/a	ARS 5.6B	16%
2019	n/a	ARS 5.9B	n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Irsa Investments & Representations Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

November 3, 2026
Foreign issuer update 6-K
October 29, 2026
Foreign issuer update 6-K
October 29, 2026
Foreign issuer update 6-K
October 23, 2026
Foreign issuer update 6-K
October 22, 2026
Foreign issuer update 6-K
October 22, 2026
Foreign issuer update 6-K
October 21, 2026
Annual report (foreign issuer) 20-F · period to June 30, 2026
October 16, 2026
Foreign issuer update 6-K
September 23, 2026
Foreign issuer update 6-K
September 23, 2026
Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 6, 2026. Insider transactions on SEC

Insider trades

What the people running Irsa Investments & Representations Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 7 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
November 5, 2026	Bendersky NicolasDirector	Other change	2,392	-	-	Form 4
November 5, 2026	Elsztain Eduardo SDirector, 10% owner	Other change	70,824	-	-	Form 4
November 5, 2026	Elsztain Eduardo SDirector, 10% owner	Other changeindirect	100,332	-	-	Form 4
November 5, 2026	Elsztain Eduardo SDirector, 10% owner	Other changeindirect	3,652,243	-	-	Form 4
November 5, 2026	Elsztain Eduardo SDirector, 10% owner	Other changeindirect	27	-	-	Form 4
November 5, 2026	Zang SaulDirector	Other change	134,782	-	-	Form 4
August 20, 2026	Elsztain Alejandro GustavoDirector	Gave as a gift	6,645	-	-	Form 4
June 30, 2026	Cruces Jorge AlbertoChief Investment Officer	Sold	24,913	$1.53	$38.1K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns IRS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Helikon Investments Limited13G, passive with 1 related filers	6.35%	4,906,222	July 9, 2026

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 65 managers reported a position.

Holder	Shares	Value	Change on quarter
Helikon Investments Ltd	4,906,222	$75.8M	+477,516
VR Advisory Services Ltd	2,670,087	$41.2M	0
Nomura Asset Management International Inc.	2,131,783	$32.9M	-13,038
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	914,713	$14.1M	+172,207
Jpmorgan Chase & Co	915,870	$14M	-18,271
Orbis Allan Gray Ltd	901,355	$13.9M	+400,780
Brevan Howard Capital Management LP	253,556	$4M	-80,000
UBS Group AG	169,165	$2.6M	+132,294
RWC Asset Management LLP	155,815	$2.4M	0
Morgan Stanley	146,639	$2.3M	-61,835
Dauntless Investment Group, LLC	126,542	$2M	new
Systrade AG	119,780	$1.8M	0
Ping Capital Management, Inc.	119,551	$1.8M	-5,000
Secure Asset Management, LLC	92,154	$1.4M	+1,200
Goldman Sachs Group Inc	86,379	$1.3M	+6,669
Kopernik Global Investors, LLC	85,360	$1.3M	-3
Praetorian PR LLC	85,000	$1.3M	new
CenterBook Partners LP	78,651	$1.2M	new
Glenorchy Capital Ltd	66,697	$1M	+3,150
OceanIQ Capital, LLC	66,588	$968.2K	new

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 21,061,747 shares in total, about $265M at the last price.

Holder	Shares	As of
Elsztain Eduardo SDirector, 10% owner	13,701,2009,173,118 held indirectly	November 5, 2026
Elsztain Alejandro GustavoDirector	5,010,638	August 20, 2026
Zang SaulDirector	1,907,452	November 5, 2026
Gaivironsky Matias IvanCFO	403,985	May 12, 2026
Bendersky NicolasDirector	38,472	November 5, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about IRS

What does Irsa Investments & Representations Inc do?

Irsa Investments & Representations Inc is a company in the Real estate sector, listed on NYSE as IRS. Its shares trade on NYSE under the ticker IRS.

What is Irsa Investments & Representations Inc's net worth?

Irsa Investments & Representations Inc has a market value (market cap) of $1B at the latest share price, and shareholders' equity of ARS 1.58T on its balance sheet at June 30, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Irsa Investments & Representations Inc profitable?

Yes. In fiscal 2025 it reported net income of ARS 195.2B on revenue of ARS 468.5B, a net margin of 41.7%.

How much revenue does Irsa Investments & Representations Inc make?

In fiscal 2025 Irsa Investments & Representations Inc reported revenue of ARS 468.5B. That is 2.3% more than a year earlier.

When did Irsa Investments & Representations Inc last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on October 21, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from November 6, 2026.

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Where the numbers come from

Financial figures are the values Irsa Investments & Representations Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.