ISA 3Q 2026 Net Income Drops 23% Year-on-Year
Medellin-based multinational electric power transmision, highways concessionaire and telecom operator ISA announced November 4 that third quarter (3Q) 2026 net income fell 23% year-on-year, to COP$528 billiion (US$163 million), from COP$700 billion (US$217 million) in 3Q 2025.
Revenues for 3Q 2026 also dipped 8% year-on-year, to COP$3.8 trillion (US$1.17 billion), while 3Q 2026 earnings before interest, taxes, depreciation and amortization (EBITDA) fell 11% year-on-year, to COP$2.2 trillion (US$681 million), according to the company.
As for nine-months 2026, net income has dipped 3% year-on-year, to COP$1.79 trillion (US$554 million), while revenues have risen 8%, to COP$12.4 trillion (US$3.8 billion) and EBITDA likewise has risen 8% year-on-year, to COP$7.09 trillion (US$2.2 billion), according to the company.
“From a financial perspective, the results were shaped by a macroeconomic environment characterized by the appreciation of the Colombian peso against the primary currencies of the countries where we operate,” according to ISA.
“This performance reflects the impact of contractual price adjustment mechanisms, the commissioning of new projects, higher earnings from construction activities, and the consolidation of IE Madeira [power transmisión project in Brazil].
“Cumulative investments for 2026 reached COP$5.2 trillion [US$1.6 billion] — a 19% increase over the same period in 2025 – with COP$2.1 trillion [US$651 million] executed during the third quarter alone.
“Furthermore, during the first nine months of the year, we secured project awards and completed transactions totaling US$2.7 billion (~COP$9.5 trillion) across our energy transmission and road infrastructure businesses.
“We also brought three projects into operation in Colombia, representing an investment of US$29.6 million (~COP$103 billion), along with 13 grid reinforcement, improvement, and connection projects in Brazil, with an investment of US$81 million (~COP$285 billion),” the company added.
