América Móvil 3Q26: Revenue Up 7.6%, EBITDA Up 8.9%, Net Debt Cut to 1.21x
AMX sits 27% above its 52-week low of $19.705 on elevated volume (2.0× avg).
Summary
América Móvil's 3Q26 revenue rose 7.6% to MXN 250.6B and EBITDA 8.9% to MXN 102.2B, with net income up 7.0% to MXN 24.3B and leverage down to 1.21x EBITDAaL. Prepaid base cleanups cost 5.0M net disconnections.
Key Events · Earnings and Guidance · AMX
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3Q26 Revenue and EBITDA Grow
Revenue of MXN 250.6B rose 7.6% year-on-year and EBITDA of MXN 102.2B rose 8.9%, with the EBITDA margin at 40.8% versus 40.3% a year earlier.
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Net Income Up 7.0% Despite FX Loss
Net income reached MXN 24.3B, up 7.0%, even as a MXN 3.6B foreign exchange loss drove comprehensive financing costs up 75.0% to MXN 22.6B.
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Leverage Falls to 1.21x EBITDAaL
Net debt ended September at MXN 400.1B excluding leases, equal to 1.21x net debt to EBITDAaL, down from 1.52x at the end of 2025.
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Free Cash Flow Funds Capex and Buybacks
9M26 free cash flow of MXN 75.0B versus MXN 53.0B a year earlier covered MXN 75.9B of capex, MXN 34.3B of net debt reduction and MXN 27.5B of shareholder distributions.
Analysis · AMX · Technology
Growth was broad-based in 3Q26: revenue of MXN 250.6B rose 7.6% and EBITDA of MXN 102.2B rose 8.9%, lifting the margin to 40.8%. Net income of MXN 24.3B was 7.0% higher despite a MXN 3.6B foreign exchange loss that pushed comprehensive financing costs up 75%. The balance sheet is the standout — net debt fell to MXN 400.1B, or 1.21x EBITDAaL versus 1.52x at end-2025, after 9M26 free cash flow of MXN 75.0B funded MXN 75.9B of capex, MXN 34.3B of debt reduction and MXN 27.5B of shareholder distributions. The blemish is subscriber quality: 5.0M prepaid net disconnections from cleanups in Mexico and Colombia, plus Mexico's regulator-mandated prepaid registration running through December 31st, which could keep pressuring the prepaid base.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.3% of the 1526 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AMX was trading at $24.98 on NYSE in the Technology sector, with a market capitalization of approximately $74.4B. The 52-week trading range was $19.71 to $28.46. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.