Burford Capital reported second-quarter total revenue of $110.7 million, down from $191.3 million a year earlier. Net income attributable to shareholders dropped to $2.2 million from $88.3 million, while total net income fell to $9.5 million from $105.2 million. Capital provision income declined to $101.5 million from $224.2 million, and fair value adjustment from YPF-related assets was just $5.8 million compared with $125.5 million. For the first half of 2026, total revenue swung to a loss of $1.61 billion from a gain of $310.1 million, and net loss attributable to shareholders was $1.63 billion versus a profit of $119.2 million, primarily due to YPF-related asset fair value adjustments.
Burford Capital LtdRevenue and net income fell sharply, with YPF-related fair value adjustments causing a large first-half loss.
