v3.26.1
Consolidated Income Statements
$ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
Dec. 31, 2025
MXN ($)
$ / shares
Dec. 31, 2024
MXN ($)
$ / shares
Dec. 31, 2023
MXN ($)
$ / shares
Statement [Line Items]        
Net sales $ 46,340 [1] $ 834,390 $ 775,551 $ 699,640
Other operating revenues 365 [1] 6,564 6,034 3,052
Total revenues 46,705 [1] 840,954 781,585 702,692
Cost of goods sold 27,734 [1] 499,378 460,072 423,185
Gross profit 18,971 [1] 341,576 321,513 279,507
Administrative expenses 2,184 [1] 39,325 39,085 32,307
Selling expenses 12,736 [1] 229,324 211,966 188,732
Other income 184 [1] 3,317 3,588 13,102
Other expenses 341 [1] 6,133 9,440 6,252
Interest expense 1,183 [1] 21,303 20,002 14,916
Interest income 426 [1] 7,662 11,910 17,609
Foreign exchange loss (gain) , net 319 [1] 5,747 (11,929) 9,849
Gain on monetary position for subsidiaries in hyperinflationary economies 21 [2] 385 209 94
Market value (gain) loss on financial instruments (96) [1] (1,729) 2,109 440
Income before income taxes and share in the profit of equity method accounted investees 2,935 [1] 52,837 66,547 57,816
Income taxes 1,103 [1] 19,860 25,433 12,971
Share in the loss of equity method accounted investees (83) [1] (1,498) (993) (406)
Net income from continuing operations 1,749 [1] 31,479 40,121 44,439
Net income from discontinued operations 87 [1] 1,574 115 32,238
CONSOLIDATED NET INCOME 1,836 [1],[3] 33,053 40,236 76,677
Controlling interest 1,079 [1] 19,431 26,735 65,689
Non-controlling interest $ 757 [1] $ 13,622 $ 13,501 $ 10,988
Series B shares        
Basic earnings per share from continuing operations attributable to equity holders of the parent        
Basic earnings per share from continuing operations attributable to equity holders of the parent (in pesos per share) | (per share) $ 0.05 [1] $ 0.91 $ 1.34 $ 1.67
Basic earnings per share from discontinued operations attributable to equity holders of the parent (in pesos per share) | (per share) 0 [1] 0.08 0.01 1.61
Diluted earnings per share from continuing operations attributable to equity holders of the parent        
Diluted earnings per share from continuing operations attributable to equity holders of the parent (in dollars per share) | (per share) 0.05 [1] 0.91 1.33 1.67
Diluted earnings per share from discontinued operations attributable to equity holders of the parent (in dollars per share) | (per share) 0 [1] 0.08 0.01 1.61
Series D shares        
Basic earnings per share from continuing operations attributable to equity holders of the parent        
Basic earnings per share from continuing operations attributable to equity holders of the parent (in pesos per share) | (per share) 0.07 [1] 1.25 1.70 2.09
Basic earnings per share from discontinued operations attributable to equity holders of the parent (in pesos per share) | (per share) 0.01 [1] 0.11 0.01 2.02
Diluted earnings per share from continuing operations attributable to equity holders of the parent        
Diluted earnings per share from continuing operations attributable to equity holders of the parent (in dollars per share) | (per share) 0.07 [1] 1.25 1.69 2.09
Diluted earnings per share from discontinued operations attributable to equity holders of the parent (in dollars per share) | (per share) $ 0.01 [1] $ 0.11 $ 0.01 $ 2.01
Aggregate continuing and discontinued operations        
Statement [Line Items]        
Gain on monetary position for subsidiaries in hyperinflationary economies $ 21 [1] $ 385 $ 209 $ 94
CONSOLIDATED NET INCOME   $ 31,479 $ 40,121 $ 44,439
[1] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[2] Convenience translation to U.S. dollars ($) – See Note 2.2.4
[3] Convenience translation to U.S. dollars ($) – See Note 2.2.4