$TV
GRUPO TELEVISA, S.A.B.
CIK:0000912892|SEC Filings
Consolidated Statements of Income or Loss $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
MXN ($)
$ / EquityInstruments
|
Dec. 31, 2024
MXN ($)
$ / EquityInstruments
|
Dec. 31, 2023
MXN ($)
$ / EquityInstruments
|
|
| Consolidated Statements of Income or Loss | |||
| Revenues | $ 58,878,150 | $ 62,260,864 | $ 66,222,836 |
| Cost of sales | (36,394,735) | (41,117,033) | (43,297,440) |
| Selling expenses | (7,721,811) | (8,815,211) | (8,848,181) |
| Administrative expenses | (9,522,888) | (10,592,581) | (11,305,619) |
| Income before other expense | 5,238,716 | 1,736,039 | 2,771,596 |
| Other expense, net | (1,013,824) | (4,554,900) | (913,801) |
| Operating income (loss) | 4,224,892 | (2,818,861) | 1,857,795 |
| Finance expense | (7,508,600) | (8,812,754) | (8,026,093) |
| Finance income | 3,368,314 | 4,117,583 | 3,180,192 |
| Finance expense, net | (4,140,286) | (4,695,171) | (4,845,901) |
| Share of loss of associates and joint ventures, net | (1,088,121) | (182,577) | (4,086,628) |
| Loss before income taxes | (1,003,515) | (7,696,609) | (7,074,734) |
| Income taxes | (7,931,514) | (688,587) | (2,360,634) |
| Net loss from continuing operations | (8,935,029) | (8,385,196) | (9,435,368) |
| Income from discontinued operations, net | 56,816 | 628,116 | |
| Net loss | (8,935,029) | (8,328,380) | (8,807,252) |
| Net (loss) income attributable to: | |||
| Stockholders of the Company | (9,168,271) | (8,265,520) | (8,422,730) |
| Non-controlling interests | 233,242 | (62,860) | (384,522) |
| Net loss | $ (8,935,029) | $ (8,328,380) | $ (8,807,252) |
| Basic (loss) earnings per CPO attributable to stockholders of the Company: | |||
| Continuing operations | $ / EquityInstruments | (3.42) | (3.06) | (3.24) |
| Discontinued operations | $ / EquityInstruments | 0.02 | 0.23 | |
| Total | $ / EquityInstruments | (3.42) | (3.04) | (3.01) |
| Diluted (loss) earnings per CPO attributable to stockholders of the Company: | |||
| Continuing operations | $ / EquityInstruments | (3.42) | (3.06) | (3.24) |
| Discontinued operations | $ / EquityInstruments | 0.02 | 0.23 | |
| Total | $ / EquityInstruments | (3.42) | (3.04) | (3.01) |
Consolidated Statements of Financial Position - MXN ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 27,607,244 | $ 46,193,173 |
| Short-term investments | 11,397,798 | |
| Trade accounts receivable, net | 5,720,759 | 6,175,819 |
| Other accounts receivable, net | 70,603 | 125,486 |
| Income taxes receivable | 6,135,537 | 6,374,140 |
| Other recoverable taxes | 3,624,351 | 3,207,830 |
| Derivative financial instruments | 1,297,000 | |
| Due from related parties | 727,476 | 339,553 |
| Transmission rights | 877,745 | 950,751 |
| Inventories | 584,878 | 463,225 |
| Contract costs | 1,499,798 | 1,483,022 |
| Other current assets | 1,970,065 | 1,657,507 |
| Total current assets | 60,216,254 | 68,267,506 |
| Non-current assets: | ||
| Trade accounts receivable, net of current portion | 3,024 | 484,506 |
| Due from related party | 3,293,463 | |
| Derivative financial instruments | 704,051 | |
| Transmission rights | 74,234 | 74,234 |
| Investments in financial instruments | 3,425,359 | 2,494,711 |
| Investments in associates and joint ventures | 41,900,090 | 44,436,697 |
| Property, plant and equipment, net | 60,698,200 | 63,664,261 |
| Investment property, net | 2,624,274 | 2,706,528 |
| Right-of-use assets, net | 4,184,501 | 3,336,917 |
| Intangible assets, net | 24,913,435 | 25,472,091 |
| Goodwill | 13,454,998 | 13,454,998 |
| Deferred income tax assets | 14,083,042 | 20,630,753 |
| Contract costs | 2,653,026 | 2,488,120 |
| Other non-current assets | 187,588 | 149,060 |
| Total non-current assets | 168,201,771 | 183,390,390 |
| Total assets | 228,418,025 | 251,657,896 |
| Current liabilities: | ||
| Current portion of long-term debt | 3,736,982 | 4,556,950 |
| Interest payable | 1,425,047 | 1,674,544 |
| Current portion of lease liabilities | 1,583,871 | 1,242,957 |
| Derivative financial instruments | 413,188 | |
| Trade accounts payable and accrued expenses | 14,039,754 | 11,329,869 |
| Customer advances | 958,192 | 1,130,479 |
| Income taxes payable | 287,899 | 1,320,644 |
| Other taxes payable | 1,833,074 | 2,610,072 |
| Employee benefits | 1,249,587 | 1,258,587 |
| Due to related parties | 224,606 | 202,414 |
| Current portion of deferred revenue | 287,667 | 287,667 |
| Other current liabilities | 2,065,170 | 1,688,913 |
| Total current liabilities | 28,105,037 | 27,303,096 |
| Non-current liabilities: | ||
| Long-term debt, net of current portion | 82,257,158 | 98,398,223 |
| Lease liabilities, net of current portion | 3,852,117 | 4,143,682 |
| Deferred revenue, net of current portion | 4,315,012 | 4,602,679 |
| Deferred income tax liabilities | 2,667,520 | 1,251,440 |
| Post-employment benefits | 954,248 | 772,482 |
| Other non-current liabilities | 3,738,072 | 3,490,669 |
| Total non-current liabilities | 97,784,127 | 112,659,175 |
| Total liabilities | 125,889,164 | 139,962,271 |
| EQUITY | ||
| Capital stock | 3,933,549 | 3,933,549 |
| Additional paid-in capital | 13,359,470 | 13,359,470 |
| Retained earnings | 102,652,140 | 112,041,102 |
| Accumulated other comprehensive loss, net | (11,872,777) | (12,882,775) |
| Shares repurchased | (15,016,244) | (13,997,290) |
| Equity attributable to stockholders of the Company | 93,056,138 | 102,454,056 |
| Non-controlling interests | 9,472,723 | 9,241,569 |
| Total equity | 102,528,861 | 111,695,625 |
| Total liabilities and equity | $ 228,418,025 | $ 251,657,896 |