Auna Reports 6% Revenue Growth in Q4
- Revenue Growth: Auna's Q4 revenue increased by 7% year-over-year to S/1.133 billion, indicating sustained commercial momentum in its core markets despite economic challenges.
- Adjusted EBITDA Decline: Adjusted EBITDA fell to S/220 million, down 14% year-over-year, with the EBITDA margin decreasing to 19.5%, reflecting pressures from cost management and intensified market competition.
- Significant Net Income Improvement: Adjusted net income rose sharply from S/36 million in the previous year to S/136 million, indicating a notable enhancement in profitability that may boost investor confidence.
- Future Outlook: Auna projects approximately 12% revenue growth for fiscal year 2026, with similar EBITDA growth expectations, showcasing the company's confidence in future growth driven by ongoing commercial execution and disciplined cost management.
Trade with 70% Backtested Accuracy
Analyst Views on AUNA
About AUNA
About the author

- Emergency Treatment Volume Growth: In Q1 2026, Auna reported 7,864 emergency treatments in Mexico, a slight decrease from 8,002 in Q4 2025, yet indicating stable service demand and the company's ongoing influence in healthcare services.
- Surgery Numbers Increase: In Peru, surgeries reached 5,851 in Q1 2026, a significant rise from 4,973 in Q4 2025, demonstrating Auna's enhanced surgical capabilities, which are crucial for increasing market share.
- Stable Hospitalization Days: Auna recorded 80,716 hospitalization days in Colombia for Q1 2026, up from 79,349 in Q4 2025, reflecting improved bed utilization and further solidifying its market position in the region.
- Membership Growth: As of Q1 2026, Auna's plan memberships reached 1,439,781, an increase from 1,424,695 in Q4 2025, showcasing the effectiveness of the company's expansion strategy in the Latin American market and strengthening its customer base.
- Significant Revenue Growth: Auna's consolidated revenue grew 6% year-over-year in Q4 2025, reaching PEN 220 million, although adjusted EBITDA declined 14% due to underperformance in Mexico, highlighting the company's resilience and challenges in diverse markets.
- Substantial Net Income Increase: The company's adjusted net income for Q4 reached PEN 136 million, a significant rise from PEN 36 million in the same quarter last year, with full-year net income more than tripling to PEN 336 million, reflecting successful capital structure optimization and cost management.
- Optimistic Future Outlook: Management expects adjusted EBITDA to increase by 12% in 2026, with capital expenditures projected to remain at approximately 4% of revenue, indicating strong confidence in the recovery of the Mexican market and overall growth strategy.
- Strategic Investments and Risk Management: Auna's operational stability in Mexico has improved, with new contracts like ISSSTELEON set to expand market coverage, although management cautioned about potential risks from macroeconomic conditions and payor dynamics.
- Revenue Growth: Auna's Q4 revenue increased by 7% year-over-year to S/1.133 billion, indicating sustained commercial momentum in its core markets despite economic challenges.
- Adjusted EBITDA Decline: Adjusted EBITDA fell to S/220 million, down 14% year-over-year, with the EBITDA margin decreasing to 19.5%, reflecting pressures from cost management and intensified market competition.
- Significant Net Income Improvement: Adjusted net income rose sharply from S/36 million in the previous year to S/136 million, indicating a notable enhancement in profitability that may boost investor confidence.
- Future Outlook: Auna projects approximately 12% revenue growth for fiscal year 2026, with similar EBITDA growth expectations, showcasing the company's confidence in future growth driven by ongoing commercial execution and disciplined cost management.
- Earnings Release Schedule: Auna S.A. is set to report its Fourth Quarter and Full-Year 2025 financial results on March 10, 2026, after market close, which is expected to provide investors with critical performance data to assess the company's future growth potential.
- Conference Call Timing: The company will hold a conference call on March 11, 2026, at 8:00 a.m. ET to provide a detailed interpretation of the financial results and answer investor questions, thereby enhancing transparency and investor confidence.
- Quiet Period Details: Auna will enter a quiet period from February 23 to March 10, 2026, during which no public discussions related to financial performance will occur, ensuring compliance and fairness in information disclosure.
- Company Background: Auna is a leading healthcare services and plan provider in Latin America, focusing on high-complexity diseases, with a network of 31 healthcare facilities and 2,333 beds, serving 1.4 million healthcare plans, showcasing its strong integration capabilities in the Spanish-speaking markets.

Construction License Received: Auna S.A. has received a construction license for Torre Trecca, a high-rise outpatient treatment center in Lima, Peru, which will serve over six million EsSalud-insured Peruvians.
Public-Private Partnership: The project is part of a public-private partnership with EsSalud, initiated in 2010, aimed at modernizing healthcare services in the region.
Expected Impact: Once completed, Torre Trecca is projected to accommodate more than three million visits annually, significantly enhancing healthcare access in Lima.
Forward-Looking Statements: Auna's announcement includes forward-looking statements regarding the project's timeline and capacity, emphasizing potential risks and uncertainties that may affect outcomes.
Debt Refinancing Announcement: Auna S.A. successfully closed a US$765 million debt refinancing, which includes the issuance of US$365 million in Senior Secured Notes due 2032 and a US$400 million Term Loan, aimed at extending debt maturities and improving liquidity.
Financial Improvements: The refinancing lowers interest expenses and extends the average maturity of Auna's debt, contributing to a target leverage ratio of 3x Net Debt-to-EBITDA, improving from 4.5x at year-end 2023.
Investor Confidence: The transaction received a B+ rating from S&P and Fitch, highlighting its positive impact on Auna's liquidity ratios and short-term debt maturities, and reflects strong support from major banks and institutional investors, including the International Finance Corporation.
Auna's Mission and Operations: Auna is a leading healthcare provider in Latin America, focusing on integrated healthcare services and complex diseases, with a network of 31 facilities and over 1.4 million health plan members as of June 30, 2025.






