Financials · TV

Grupo Televisa S.A.B. (TV) financials

For fiscal 2025 (ended Dec 31, 2025), Grupo Televisa S.A.B. reported MXN 58.88B of revenue and -MXN 9.17B of net income. Figures are in MXN, the currency of its SEC filings.

Revenue, FY2025
MXN 58.88B
Revenue growth, YoY
-5.4%
Net income, FY2025
-MXN 9.17B
Net margin
-15.6%
Free cash flow, FY2025
MXN 7.91B
Cash
MXN 27.61B
Annual revenueMXN 58.88B
FY2016FY2025
Annual net income-MXN 9.17B
FY2016FY2025
Annual free cash flowMXN 7.91B
FY2016FY2025

TV revenue and earnings growth

TV revenueFY2025MXN 58.88B

FY YoY
-5.4%
5Y CAGR
-3.6%
10Y CAGR
-3.9%

TV revenue was MXN 58.88B for fiscal 2025 (ended Dec 31, 2025), down 5.4% from fiscal 2024. Compound annual growth was -3.6% over 5 years and -3.9% over 10 years. It rose in 4 of the last 10 fiscal years.

TV net incomeFY2025-MXN 9.17B

TV net income was -MXN 9.17B for fiscal 2025 (ended Dec 31, 2025), compared with -MXN 8.27B in fiscal 2024.

TV free cash flowFY2025MXN 7.91B

FY YoY
-66.3%
5Y CAGR
-9.5%
10Y CAGR
+3.2%

TV free cash flow was MXN 7.91B for fiscal 2025 (ended Dec 31, 2025), down 66.3% from fiscal 2024. Compound annual growth was -9.5% over 5 years and +3.2% over 10 years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueMXN 58.88BMXN 62.26BMXN 66.22BMXN 68.62BMXN 73.92BMXN 70.68BMXN 101.76BMXN 101.28BMXN 94.27BMXN 96.29B
Cost of revenueMXN 36.39BMXN 41.12BMXN 43.30BMXN 43.36BMXN 46.65BMXN 45.22BMXN 59.07BMXN 57.84BMXN 53.53BMXN 52.38B
Gross profitMXN 22.48BMXN 21.14BMXN 22.93BMXN 25.26BMXN 27.26BMXN 25.46BMXN 42.69BMXN 43.44BMXN 40.74BMXN 43.91B
Selling, general and adminMXN 9.52BMXN 10.59BMXN 11.31BMXN 11.34BMXN 12.19BMXN 11.22BMXN 13.27BMXN 13.73BMXN 13.56BMXN 13.27B
Operating incomeMXN 4.22B-MXN 2.82BMXN 1.86BMXN 3.74BMXN 10.69BMXN 6.46BMXN 17.01BMXN 20.25BMXN 14.24BMXN 16.60B
Interest expenseMXN 7.51BMXN 7.98BMXN 7.74BMXN 9.53BMXN 9.11BMXN 10.50BMXN 10.40BMXN 9.71BMXN 9.25BMXN 8.50B
Pre-tax income-MXN 1.00B-MXN 7.70B-MXN 7.07B-MXN 12.90BMXN 2.44B-MXN 4.93BMXN 8.78BMXN 12.01BMXN 10.85BMXN 8.21B
Income taxMXN 7.93BMXN 688.59MMXN 2.36B-MXN 1.35BMXN 1.67BMXN 858.89MMXN 2.67BMXN 4.39BMXN 4.27BMXN 2.87B
Net income-MXN 9.17B-MXN 8.27B-MXN 8.42BMXN 44.71BMXN 6.06B-MXN 1.25BMXN 6.11BMXN 7.62BMXN 6.58BMXN 3.72B
EPS, diluted----MXN 0.03MXN 0.00-MXN 0.02----

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsMXN 27.61BMXN 46.19BMXN 32.59BMXN 51.13BMXN 25.83BMXN 29.06BMXN 27.45BMXN 32.07BMXN 38.73BMXN 47.55B
ReceivablesMXN 5.72BMXN 6.18BMXN 8.13BMXN 8.46BMXN 13.09BMXN 12.34BMXN 14.49BMXN 19.75BMXN 24.73BMXN 24.91B
InventoryMXN 584.88MMXN 463.23MMXN 1.26BMXN 1.45BMXN 2.21BMXN 1.64BMXN 1.15BMXN 1.03BMXN 1.49BMXN 1.90B
Current assetsMXN 60.22BMXN 68.27BMXN 62.10BMXN 81.58BMXN 73.26BMXN 69.06BMXN 67.43BMXN 72.05BMXN 87.04BMXN 95.76B
GoodwillMXN 13.45BMXN 13.45B--------
Total assetsMXN 228.42BMXN 251.66BMXN 262.67BMXN 299.11BMXN 293.74BMXN 271.25BMXN 290.34BMXN 297.17BMXN 297.22BMXN 309.05B
Current liabilitiesMXN 28.11BMXN 27.30BMXN 34.89BMXN 34.37BMXN 56.67BMXN 43.71BMXN 42.16BMXN 48.53BMXN 50.76BMXN 57.43B
Total liabilitiesMXN 125.89BMXN 139.96BMXN 128.00BMXN 154.98BMXN 197.22BMXN 183.31BMXN 184.72BMXN 192.64BMXN 197.56BMXN 212.77B
Shareholders' equityMXN 93.06BMXN 102.45BMXN 134.67BMXN 144.13BMXN 96.52BMXN 87.94BMXN 105.63BMXN 104.75BMXN 99.88BMXN 96.28B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flowMXN 20.09BMXN 32.55BMXN 15.20BMXN 12.47BMXN 29.32BMXN 33.16BMXN 27.27BMXN 33.71BMXN 25.10BMXN 36.66B
Capital expendituresMXN 12.19BMXN 9.10BMXN 14.71BMXN 17.32BMXN 23.27BMXN 20.13BMXN 19.11BMXN 18.50BMXN 16.76BMXN 27.94B
Free cash flowMXN 7.91BMXN 23.46BMXN 493.38M-MXN 4.85BMXN 6.06BMXN 13.03BMXN 8.16BMXN 15.21BMXN 8.34BMXN 8.72B
Investing cash flow-MXN 22.29B-MXN 9.01B-MXN 15.76BMXN 42.70B-MXN 18.85B-MXN 15.92B-MXN 17.00B-MXN 23.90B-MXN 17.33B-MXN 29.00B
Financing cash flow-MXN 16.32B-MXN 9.39B-MXN 17.75B-MXN 29.77B-MXN 13.73B-MXN 16.20B-MXN 14.30B-MXN 16.50B-MXN 16.47B-MXN 9.99B
Dividends paidMXN 1.02BMXN 1.02BMXN 1.03BMXN 1.05BMXN 1.05B-MXN 1.07BMXN 1.07BMXN 1.08BMXN 1.08B
Share repurchases-------MXN 1.95BMXN 2.30BMXN 1.72B
Stock-based compensationMXN 373.51MMXN 488.83MMXN 748.50MMXN 1.67BMXN 1.09BMXN 984.36MMXN 1.13BMXN 1.33BMXN 1.49BMXN 1.41B
Depreciation and amortizationMXN 17.16BMXN 20.54BMXN 21.47BMXN 21.24BMXN 21.42BMXN 21.26BMXN 21.01BMXN 19.83BMXN 18.54BMXN 16.98B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-5.4%-6.0%-3.5%-7.2%4.6%-30.5%0.5%7.4%-2.1%9.4%
Net income growth, YoY---638.3%---19.8%15.8%76.7%-65.9%
Gross margin38.2%34.0%34.6%36.8%36.9%36.0%42.0%42.9%43.2%45.6%
Operating margin7.2%-4.5%2.8%5.4%14.5%9.1%16.7%20.0%15.1%17.2%
Net margin-15.6%-13.3%-12.7%65.2%8.2%-1.8%6.0%7.5%7.0%3.9%
Free cash flow margin13.4%37.7%0.7%-7.1%8.2%18.4%8.0%15.0%8.8%9.1%
Return on equity-9.9%-8.1%-6.3%31.0%6.3%-1.4%5.8%7.3%6.6%3.9%
Return on assets-4.0%-3.3%-3.2%14.9%2.1%-0.5%2.1%2.6%2.2%1.2%
Current ratio2.142.501.782.371.291.581.601.481.711.67

Source: XBRL data Grupo Televisa S.A.B. files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

TV peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TVMXN 58.88B-5.4%-MXN 9.17B-15.6%$1.45B
SPOT€17.19B+9.7%€2.21B12.9%$127.08B
SKYD$28.76B--$14.00M-0.0%$40.41B
FOXA$17.96B+9.0%$2.03B11.3%$28.11B
FWONK$4.48B+10.9%$558.00M12.5%$26.66B
FWONA$4.48B+10.9%$558.00M12.5%$25.32B
FOX$17.96B+9.0%$2.03B11.3%$25.10B
TMECN¥32.90B+15.8%CN¥11.06B33.6%$15.05B
SIRI$8.60B+0.5%$900.00M10.5%$10.90B

TV FAQ

8 questions
  • What is TV revenue?
    Grupo Televisa S.A.B. (TV) reported MXN 58.88B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 5.4% from the year before.
  • Is TV profitable?
    No. Grupo Televisa S.A.B. reported a net loss of MXN 9.17B for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does TV have?
    Grupo Televisa S.A.B. reported MXN 27.61B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is TV revenue growing?
    Grupo Televisa S.A.B.'s revenue changed -5.4% in fiscal 2025, to MXN 58.88B. Its compound annual growth rate was -3.6% over 5 years and -3.9% over 10 years.
  • What is TV gross margin?
    Grupo Televisa S.A.B.'s gross profit was MXN 22.48B on MXN 58.88B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 38.2%.
  • What is TV free cash flow?
    Grupo Televisa S.A.B. generated MXN 7.91B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of MXN 20.09B less capital expenditures.
  • When did TV last report financial results?
    The latest statements here come from Grupo Televisa S.A.B.'s 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this TV financial data come from?
    Quantisnow builds these statements from the structured XBRL data Grupo Televisa S.A.B. files with the SEC. It is provided for information only and is not investment advice.