Central Puerto S.A. (CEPU) Income Statement
CEPU 2025 at a glance
Fiscal year ended December 31, 2025 · Argentine pesosCEPU revenue and net income
Where CEPU's revenue goes
2025Each bar shows an amount and its share of revenue. CEPU kept 31.6% of revenue as net income.
CEPU profit margins
CEPU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +48.7% | +16.9% | +57.8% | +82.7% |
| Gross profit | +34.7% | +6.4% | +44.4% | +78.2% |
| Operating income | +7.6% | −20.3% | +20.9% | +63.4% |
| Net income | +598.3% | +38.9% | +76.4% | +74.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CEPU income statement in Argentine pesos
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ARS 1.10T | ARS 738.17B | ARS 313.57B | ARS 687.58B | ARS 346.24B | ARS 112.05B | ARS 73.90B | ARS 19.31B | ARS 9.64B | ARS 3.77B |
| Cost of revenue | ARS 704.48B | ARS 446.55B | ARS 210.17B | ARS 361.60B | ARS 179.33B | ARS 49.44B | ARS 38.95B | ARS 8.78B | ARS 3.01B | ARS 4.98B |
| Gross profit | ARS 392.94B | ARS 291.62B | ARS 103.40B | ARS 325.98B | ARS 166.92B | ARS 62.61B | ARS 34.94B | ARS 11.71B | ARS 3.52B | ARS 2.06B |
| Research & development | — | — | — | — | — | — | ARS 0 | ARS 0 | ARS 0 | ARS 0 |
| Sales, general & admin | ARS 80.59B | ARS 63.70B | ARS 24.80B | ARS 39.50B | ARS 19.97B | ARS 5.82B | ARS 3.43B | ARS 929.8M | ARS 512.2M | ARS 306.8M |
| Total operating expenses | ARS 180.73B | ARS 94.42B | −ARS 23.48B | −ARS 93.72B | ARS 10.95B | −ARS 19.56B | −ARS 22.70B | −ARS 265.4M | ARS 196.2M | −ARS 1.26B |
| Operating income | ARS 212.21B | ARS 197.20B | ARS 338.22B | ARS 419.70B | ARS 155.97B | ARS 82.17B | ARS 57.64B | ARS 46.91B | ARS 2.88B | ARS 2.10B |
| Interest income | ARS 29.35B | ARS 36.06B | ARS 43.85B | ARS 25.54B | ARS 3.65B | ARS 5.16B | ARS 6.46B | ARS 1.68B | ARS 419.2M | ARS 160.2M |
| Interest expense | ARS 50.92B | ARS 57.44B | ARS 25.50B | ARS 42.79B | ARS 28.58B | ARS 75.7M | ARS 80.7M | ARS 2.08B | ARS 786.0M | ARS 658.9M |
| Income before taxes | ARS 453.03B | ARS 142.71B | ARS 163.90B | ARS 174.95B | ARS 46.23B | ARS 35.51B | ARS 29.60B | ARS 36.17B | ARS 4.45B | ARS 2.05B |
| Income taxes | ARS 100.18B | ARS 81.46B | ARS 17.94B | ARS 45.57B | ARS 50.16B | ARS 15.05B | ARS 11.81B | ARS 8.94B | ARS 1.08B | ARS 759.1M |
| Net income | ARS 346.35B | ARS 49.60B | ARS 14.80B | ARS 129.12B | −ARS 4.50B | ARS 20.26B | ARS 18.10B | ARS 26.95B | ARS 5.29B | ARS 1.77B |
| EBITDA | ARS 666.93B | ARS 303.86B | ARS 259.62B | ARS 349.64B | ARS 139.78B | ARS 64.82B | ARS 43.17B | ARS 11.27B | ARS 5.36B | ARS 2.03B |
| Gross margin | 35.8% | 39.5% | 33.0% | 47.4% | 48.2% | 55.9% | 47.3% | 60.7% | 36.6% | 54.8% |
| Operating margin | 19.3% | 26.7% | 107.9% | 61.0% | 45.0% | 73.3% | 78.0% | 243.0% | 29.9% | 55.7% |
| Net margin | 31.6% | 6.7% | 4.7% | 18.8% | −1.3% | 18.1% | 24.5% | 139.6% | 54.9% | 46.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ARS 696.61B | ARS 343.56B | ARS 316.97B | ARS 319.59B | ARS 214.52B | ARS 210.70B | ARS 215.14B | ARS 179.84B | ARS 213.94B | ARS 128.71B | ARS 290.66B | ARS 175.07B |
| Cost of revenue | ARS 494.77B | ARS 202.06B | ARS 221.99B | ARS 188.02B | ARS 154.83B | ARS 119.03B | ARS 137.54B | ARS 107.45B | ARS 131.22B | ARS 72.83B | ARS 191.22B | ARS 118.01B |
| Gross profit | ARS 201.85B | ARS 141.51B | ARS 94.98B | ARS 131.57B | ARS 59.69B | ARS 91.67B | ARS 77.59B | ARS 72.39B | ARS 82.72B | ARS 55.89B | ARS 99.44B | ARS 57.06B |
| Sales, general & admin | ARS 36.50B | ARS 31.44B | ARS 27.32B | ARS 18.15B | ARS 13.86B | ARS 18.19B | ARS 16.74B | ARS 16.23B | ARS 15.88B | ARS 10.58B | ARS 10.49B | ARS 5.05B |
| Total operating expenses | ARS 23.46B | ARS 12.61B | ARS 16.05B | ARS 21.52B | −ARS 11.75B | ARS 22.83B | ARS 99.20B | −ARS 3.46B | ARS 24.16B | −ARS 16.21B | ARS 13.08B | −ARS 87.15B |
| Operating income | ARS 178.39B | ARS 128.89B | ARS 78.94B | ARS 110.05B | ARS 71.44B | ARS 68.85B | −ARS 21.60B | ARS 75.85B | ARS 58.56B | ARS 72.10B | ARS 86.36B | ARS 144.21B |
| Interest income | ARS 6.26B | ARS 5.54B | ARS 10.06B | ARS 8.05B | ARS 33.58B | ARS 3.73B | ARS 7.81B | ARS 19.99B | ARS 4.88B | ARS 18.65B | ARS 32.34B | ARS 34.63B |
| Interest expense | ARS 22.95B | ARS 20.59B | ARS 18.68B | ARS 14.56B | ARS 60.34B | ARS 9.76B | ARS 15.38B | ARS 35.25B | ARS 13.56B | ARS 12.73B | ARS 28.15B | ARS 42.95B |
| Income before taxes | ARS 178.93B | ARS 158.65B | ARS 118.99B | ARS 119.07B | ARS 83.55B | ARS 113.56B | −ARS 17.90B | ARS 65.91B | ARS 42.49B | ARS 45.53B | ARS 247.64B | ARS 31.63B |
| Income taxes | ARS 42.55B | −ARS 37.36B | ARS 92.55B | −ARS 20.88B | −ARS 1.47B | ARS 27.56B | ARS 3.89B | ARS 27.31B | ARS 32.67B | ARS 18.03B | ARS 5.66B | ARS 20.21B |
| Net income | ARS 128.63B | ARS 187.54B | ARS 23.07B | ARS 139.80B | ARS 85.64B | ARS 82.75B | −ARS 26.79B | ARS 38.14B | ARS 8.38B | ARS 23.70B | ARS 252.71B | ARS 13.87B |
| EBITDA | ARS 234.13B | ARS 229.69B | ARS 152.71B | ARS 162.62B | ARS 177.43B | ARS 150.71B | ARS 77.48B | ARS 137.53B | ARS 94.77B | ARS 81.07B | ARS 156.36B | ARS 84.03B |
| Gross margin | 29.0% | 41.2% | 30.0% | 41.2% | 27.8% | 43.5% | 36.1% | 40.3% | 38.7% | 43.4% | 34.2% | 32.6% |
| Operating margin | 25.6% | 37.5% | 24.9% | 34.4% | 33.3% | 32.7% | −10.0% | 42.2% | 27.4% | 56.0% | 29.7% | 82.4% |
| Net margin | 18.5% | 54.6% | 7.3% | 43.7% | 39.9% | 39.3% | −12.5% | 21.2% | 3.9% | 18.4% | 86.9% | 7.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in Argentine pesos as reported in CEPU's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CEPU financial results
In fiscal year 2025 (ended December 31, 2025), Central Puerto reported revenue of ARS 1.10 trillion, up 48.7% from the year before. It had net income of ARS 346.4 billion (up 598.3%), a net profit margin of 31.6%. Over five years revenue grew at an average rate of 57.8% a year. Figures are in Argentine pesos, the currency of its financial statements.
See the CEPU stock overview for the latest quote and news, or the CEPU chart for price history and technical indicators.
CEPU income statement FAQ
What is Central Puerto's annual revenue?
Central Puerto reported total revenue of ARS 1.10 trillion for fiscal year 2025, which ended on December 31, 2025. That was up 48.7% from ARS 738.2 billion the previous year.
Is Central Puerto profitable?
Yes. Central Puerto reported net income of ARS 346.4 billion in fiscal 2025, a net profit margin of 31.6%; its operating margin was 19.3%.
What is Central Puerto's gross margin?
Central Puerto's gross margin was 35.8% in fiscal 2025: for every $100 of revenue, Central Puerto kept $36 after the direct cost of its products and services.
How fast is Central Puerto growing?
Revenue grew 57.8% a year on average over the last five fiscal years, from ARS 112.0 billion to ARS 1.10 trillion.
When will Central Puerto report its next earnings?
Central Puerto is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Central Puerto's fiscal year end?
Central Puerto's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 22, 2026.
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