América Móvil (AMXL) Q2 2026 earnings summary

Executive summary

• Second quarter 2026 revenue rose 3.1% year-over-year to 241 billion MXN, with service revenue up 5.1% at constant exchange rates.

• Net income increased 9.2% year-over-year to 24.3 billion MXN.

• Postpaid net additions reached 3.5 million, led by Brazil, and broadband accesses grew by 531,000 units.

• Acquisition of WOW Peru announced, expanding fiber broadband presence in Peru.

Financial highlights

• EBITDA grew 3.8% year-over-year to 96 billion MXN; excluding a one-off charge, EBITDA would have increased 6.7%.

• Operating profit rose 9.5% to 52 billion MXN.

• Free cash flow for the first half of 2026 was 43 billion MXN, more than double the prior year.

• Net debt decreased by 31 billion MXN, with leverage ratio at 1.31x Net Debt/LTM EBITDAAL.

Outlook and guidance

• Continued focus on expanding digital connectivity, especially in Peru with the WOW acquisition.

• Ongoing capital expenditures and share buybacks supported by strong cash flow.