América Móvil publishes Q3 2026 earnings call transcript
AMX•América Móvil reported Q3 revenue of MXN 251 billion, up 7.6%, and net profit of MXN 34 billion, up 7%. Its net debt-to-EBITDA ratio after leases fell to 1.21 times from 1.52 times at year-end 2025.
1. Quarterly results
Revenue rose 7.6% to MXN 251 billion, and the EBITDA margin expanded 0.5 percentage points to 40.8%. Net profit increased 7% to MXN 34 billion, while foreign-exchange losses totaled MXN 3.6 billion.
2. Debt and outlook
Net debt to EBITDA after leases fell to 1.21 times from 1.52 times at year-end 2025, within management’s 1.2–1.5 times target. Management expects Mexico’s mandatory subscriber registration to temporarily slow prepaid revenue, with recovery over the medium to long term.
