América Móvil (AMXL) Q3 2026 earnings summary

Executive summary

• Q3 revenue was MXN 250.6bn, up 7.6% YoY; service revenue rose 5.3% at constant exchange rates and EBITDA grew 6.7% at constant rates.

• Net income reached MXN 24.3bn, up 7.0% YoY; operating profit rose 13.9% to MXN 57.1bn.

• Postpaid and broadband continued to drive customer growth; prepaid subscriber-base cleanups led to 5.0m net disconnections.

Financial highlights

• Total revenue was MXN 250.6bn (+7.6% YoY); service revenue MXN 211.4bn (+7.2%), equipment revenue MXN 38.0bn (+11.4%).

• EBITDA reached MXN 102.2bn (+8.9% YoY); EBITDA margin was 40.8%, up 0.5 percentage points.

• EBIT was MXN 57.1bn (+13.9% YoY); depreciation and amortization increased 3.1%.

• Net income was MXN 24.3bn (+7.0% YoY); EPS was MXN 0.41 and earnings per ADR were US$0.47.

• Jan-Sep revenue increased 4.3% to MXN 728.5bn, EBITDA rose 5.5% to MXN 292.6bn, and net income grew 13.1% to MXN 72.0bn.

Segment performance

• Mexico: revenue +5.6% YoY to MXN 90.3bn; EBITDA +6.0% to MXN 37.5bn, with 41.5% margin. Service revenue grew 5.2%.

• Brazil: revenue +6.1% to BRL 13.8bn; EBITDA +6.6% to BRL 6.2bn and margin reached 44.7%; mobile service revenue grew 7.1%.

• Colombia: revenue +7.4% and EBITDA +12.4% YoY; mobile service revenue grew 12.8%, while the margin increased 1.9 percentage points to 42.9%.

• Central America & Caribbean: revenue +8.5%, EBITDA +15.7% to US$602m, and margin +2.8 percentage points to 45.7%; Austria & Eastern Europe EBITDA rose 1.4% to €575m.

• Peru EBITDA +4.4% to PEN 730m; Ecuador EBITDA +6.8% to US$137m; Argentina EBITDA +31.6% and Southern Cone EBITDA fell 3.0%, but rose 11.6% excluding one-offs.