v3.26.1
Consolidated Statements of Comprehensive Income (Loss)
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2025
MXN ($)
Dec. 31, 2024
MXN ($)
Dec. 31, 2023
MXN ($)
Net revenues        
Domestic $ 54,988,909 $ 987,969,227 $ 977,651,655 $ 948,666,739
Incentive for automotive fuels 0 0 0 23,421
Export 29,935,688 537,845,526 691,865,472 767,551,517
Services income 150,332 2,700,973 3,155,779 3,695,941
Total revenues 85,074,929 1,528,515,726 1,672,672,906 1,719,937,618
(Impairment) of wells, pipelines, properties, plant and equipment, net (449,579) (8,077,449) (53,477,580) (28,797,518)
Cost of sales 70,158,736 1,260,520,966 1,435,463,287 1,380,673,789
Gross income (loss) 14,466,614 259,917,311 183,732,039 310,466,311
Other revenues (expenses):        
Distribution, transportation and sale expenses 879,305 15,798,213 8,079,834 12,678,909
Administrative expenses 10,851,276 194,961,619 179,206,176 170,116,531
Impairment losses on trade receivables from customers (719,775) (12,931,983) (15,438,558) (3,113,324)
Other revenues 1,685,314 30,279,524 18,548,009 15,635,955
Other expenses 1,798,340 32,310,240 15,545,352 17,242,136
Operating income (loss) 1,903,232 34,194,780 (15,989,872) 122,951,366
Welfare oil duty 10,829,648 194,573,038 0 0
Operating (loss) income after Welfare oil duty (8,926,416) (160,378,258) (15,989,872) 122,951,366
Financing income 663,373 11,918,617 15,669,883 18,210,377
Financing cost 8,347,700 149,980,626 158,901,950 152,171,381
Derivative financial instruments income (cost), net 1,201,551 21,587,903 (27,594,230) 672,226
Foreign exchange income (loss), net 10,863,564 195,182,398 (304,452,236) 238,079,042
Sum of financing income, financing cost, derivative financial instruments income (cost), net and foreign exchange income (loss), net 4,380,788 78,708,292 (475,278,533) 104,790,264
Profit sharing in associates 40,090 720,290 961,649 409,315
(Loss) income before duties, taxes and other (4,505,538) (80,949,676) (490,306,756) 228,150,945
Profit sharing duty, net 0 0 127,499,009 214,075,924
Income tax expense 39,838 715,756 162,782,189 5,923,357
Total duties, taxes and other 39,838 715,756 290,281,198 219,999,281
Net (loss) income (4,545,376) (81,665,432) (780,587,954) 8,151,664
Currency translation effect (3,452,949) (62,038,107) 90,106,487 (53,992,236)
Actuarial (losses) gains - employee benefits, net of taxes (9,664,551) (173,640,086) 203,175,491 (4,931,136)
Total other comprehensive results (13,117,500) (235,678,193) 293,281,978 (58,923,372)
Total comprehensive (loss) income (17,662,876) (317,343,625) (487,305,976) (50,771,708)
Net (loss) income attributable to:        
Controlling interest (4,545,734) (81,671,843) (780,415,854) 8,106,714
Non-controlling interest 358 6,411 (172,100) 44,950
Net (loss) income (4,545,376) (81,665,432) (780,587,954) 8,151,664
Other comprehensive results attributable to:        
Controlling interest (13,117,154) (235,671,963) 293,267,626 (59,050,393)
Non-controlling interest (346) (6,230) 14,352 127,021
Total other comprehensive results (13,117,500) (235,678,193) 293,281,978 (58,923,372)
Comprehensive (loss) income:        
Controlling interest (17,662,888) (317,343,806) (487,148,228) (50,943,679)
Non-controlling interest 12 181 (157,748) 171,971
Total comprehensive (loss) income $ (17,662,876) $ (317,343,625) $ (487,305,976) $ (50,771,708)