Isagen 1Q 2026 Net Income Falls 87% Year-on-Year
Medellin-based renewable electric-power-generation giant Isagen announced May 14 an 87% year-on-year plunge in first quarter (1Q) 2026 net income, at COP$45 billion (US$12 million) versus COP$344 billion (US$94 million) in 1Q 2025.
Operating revenues likewise decined 18% year-on-year, to COP$1.67 trillion (US$459 million), while earnings before interest, taxes, depreciation and amortization (EBITDA) fell 29% year-on-year, to COP$693 billion (US$190 million).
During 1Q 2026, “gross profit decreased by 29%, mainly due to lower revenues resulting from the decrease in energy prices in the first quarter of 2026 compared to 2025. Additionally, [Isagen saw] higher costs in energy transactions on the stock exchange,” the company explained.
On the other hand, Isagen enjoyed a 39% hike in gross profit on sales “mainly due to interest accrued on investments in financial instruments. The increase is primarily explained by higher interest generated on loans from financial institutions, as a result of higher disbursements on these loans as of the end of March 2026,” according to Isagen.
