América Móvil Q2 2026: Net Income Climbs 9.2%, WOW Peru Acquisition Announced
AMX sits 54% above its 52-week low of $17.05.
Summary
América Móvil reported Q2 2026 net income of MXN 24.3 billion, up 9.2% year-over-year, and announced the acquisition of WOW Peru to expand its fiber network.
Key Events · Earnings and Guidance · AMX
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Q2 Net Income Rises 9.2%
Net income reached MXN 24.3 billion, up from MXN 22.3 billion a year ago, driven by 5.1% constant-currency service revenue growth and a 5.3% EBITDA increase.
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Strong Subscriber Growth
Added 3.5 million postpaid wireless subscribers and 531,000 broadband accesses, with Brazil leading postpaid adds at 1.5 million and Mexico contributing 170,000 broadband accesses.
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WOW Peru Acquisition Announced
Agreed to acquire 100% of WOW Peru, a fiber broadband provider outside Lima, complementing Claro Peru's infrastructure and supporting long-term expansion.
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Free Cash Flow More Than Doubles
Free cash flow reached MXN 43.0 billion in H1 2026, up from MXN 20.1 billion a year earlier, funding MXN 4.6 billion in buybacks and MXN 30.9 billion in net debt reduction.
Analysis · AMX · Technology
América Móvil posted solid Q2 results, with revenue and EBITDA advancing across most markets on the back of robust postpaid and broadband additions. Net income rose 9.2% to MXN 24.3 billion, while free cash flow more than doubled year-over-year, creating room for debt reduction and ongoing buybacks. The announcement of the WOW Peru acquisition introduces a strategic growth lever by extending fiber coverage beyond Lima. Together, the results underscore the company's ability to generate cash and return capital to shareholders even in a challenging macro environment.
At the time of this filing, AMX was trading at $26.20 on NYSE in the Technology sector, with a market capitalization of approximately $79.8B. The 52-week trading range was $17.05 to $28.46. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.