earnings
confidence medium
sentiment negative
materiality 0.70
Burford reports 1Q26 with large non-cash YPF charge; cash on hand >$700M
Burford Capital Ltd
2026-Q1 EPS reported
-$7.46
revenue$-1,720,374,000
- Burford reported 1Q26 results; non-cash charge from YPF case loss but no cash impact.
- Cash on hand over $700M; year-to-date cash receipts from portfolio ~$280M.
- YPF case delivered $236M cash proceeds and >$100M profit to date.
- CEO says business robust with ample liquidity and market-leading origination.