Mexico's America Movil posts 350% jump in Q4 profit

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February 10, 2026 4:50 PM EST

The logo of America Movil is pictured on the wall at a reception area in the company's corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf

By Natalia Siniawski

MEXICO ‌CITY, ​Feb ​10 (Reuters) - Mexican telecom company America Movil on Tuesday posted a more ‌than 350% jump in profit for ⁠the fourth quarter of 2025, boosted by ‌a swing to foreign ‌exchange gains that helped slash its financing costs.

America Movil, controlled by the family ​of Mexican billionaire Carlos Slim, reported net profit of 19.13 billion pesos ($1.1 ⁠billion) from revenue of 244.9 billion pesos ($14.2  billion).

Analysts polled by ​LSEG had predicted dollar-denominated revenue of $13.33 billion.

The company said in a ​statement its fourth-quarter financing ‌costs fell by nearly half to 15.64 billion pesos, as ⁠foreign exchange results swung to a gain from a year-earlier loss.

Earnings before interest, taxes, ⁠depreciation and amortization landed at 94.93 billion pesos ($5.52 ​billion) for the October-December period, slightly above analysts' $5.17 billion prediction.

America Movil added 2.5 million mobile ‌subscribers in the quarter, as 2.8 million postpaid additions more ‌than offset a loss of about ⁠300,000 prepaid users.

($1 = 17.20 ‌Mexican pesos)

(Reporting ​by Natalia Siniawski, Editing by Iñigo Alexander, Daina Beth Solomon, Rod ‌Nickel)


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