Grupo Televisa (NYSE: TV) financial statements

The consolidated income statement, balance sheet and cash flow statement of Grupo Televisa for its last 10 fiscal years, as filed with the regulator, in millions of Mexican pesos. At the end of fiscal 2025 it had MXN 228,418m in total assets and MXN 93,056m in equity.

Income statement

Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	MXN 58,878m	MXN 62,261m	MXN 66,223m	MXN 68,616m	MXN 73,915m	MXN 70,680m	MXN 101,757m	MXN 101,282m	MXN 94,274m	MXN 96,287m
Cost of sales	MXN 36,395m	MXN 41,117m	MXN 43,297m	MXN 43,358m	MXN 46,654m	MXN 45,220m	MXN 59,067m	MXN 57,839m	MXN 53,535m	MXN 52,378m
Gross profit	MXN 22,483m	MXN 21,144m	MXN 22,925m	MXN 25,258m	MXN 27,262m	MXN 25,460m	MXN 42,690m	MXN 43,443m	MXN 40,740m	MXN 43,910m
Operating profit	MXN 4,225m	−MXN 2,819m	MXN 1,858m	MXN 3,738m	MXN 10,689m	MXN 6,458m	MXN 17,005m	MXN 20,253m	MXN 14,243m	MXN 16,598m
Finance costs	MXN 7,509m	MXN 7,976m	MXN 7,654m	MXN 9,456m	MXN 9,136m	MXN 10,482m	MXN 10,402m	MXN 9,707m	MXN 9,246m	MXN 8,498m
Profit before tax	−MXN 1,004m	−MXN 7,697m	−MXN 7,075m	−MXN 12,897m	MXN 2,442m	−MXN 4,931m	MXN 8,775m	MXN 12,006m	MXN 10,852m	MXN 8,206m
Income tax	MXN 7,932m	MXN 688.6m	MXN 2,361m	MXN 1,353m	MXN 1,673m	MXN 858.9m	MXN 2,668m	MXN 4,391m	MXN 4,274m	MXN 2,872m
Net profit	−MXN 9,168m	−MXN 8,266m	−MXN 8,423m	MXN 44,712m	MXN 6,056m	−MXN 1,250m	MXN 6,107m	MXN 6,009m	MXN 4,524m	MXN 3,721m
Depreciation and amortisation	MXN 17,161m	MXN 20,511m	MXN 21,107m	MXN 21,593m	MXN 21,748m	MXN 21,642m	MXN 21,540m	MXN 20,279m	MXN 19,041m	MXN 17,331m

Balance sheet

Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	MXN 228,418m	MXN 251,658m	MXN 262,670m	MXN 299,108m	MXN 293,742m	MXN 271,246m	MXN 290,344m	MXN 297,171m	MXN 297,220m	MXN 309,054m
Current assets	MXN 60,216m	MXN 68,268m	MXN 62,105m	MXN 81,577m	MXN 73,259m	MXN 69,061m	MXN 67,431m	MXN 72,053m	MXN 87,045m	MXN 95,761m
Inventories	MXN 584.9m	MXN 463.2m	MXN 1,261m	MXN 1,448m	MXN 2,213m	MXN 1,641m	MXN 1,151m	MXN 1,026m	MXN 1,493m	MXN 1,899m
Property, plant and equipment	MXN 60,698m	MXN 63,664m	MXN 77,849m	MXN 82,236m	MXN 87,922m	MXN 83,282m	MXN 83,329m	MXN 87,343m	MXN 85,720m	MXN 86,784m
Goodwill	MXN 13,455m	MXN 13,455m	—	—	—	—	—	—	—	—
Cash	MXN 27,607m	MXN 46,193m	MXN 32,586m	MXN 51,131m	MXN 25,828m	MXN 29,058m	MXN 27,452m	MXN 32,068m	MXN 38,735m	MXN 47,546m
Total liabilities	MXN 125,889m	MXN 139,962m	MXN 127,998m	MXN 154,978m	MXN 197,218m	MXN 183,307m	MXN 184,719m	MXN 192,640m	MXN 197,563m	MXN 212,770m
Current liabilities	MXN 28,105m	MXN 27,303m	MXN 34,891m	MXN 34,371m	MXN 56,670m	MXN 43,710m	MXN 42,165m	MXN 48,531m	MXN 50,765m	MXN 57,426m
Equity	MXN 93,056m	MXN 102,454m	MXN 119,280m	MXN 128,308m	MXN 81,118m	MXN 73,442m	MXN 90,751m	MXN 89,517m	MXN 85,662m	MXN 83,792m
Equity including minorities	MXN 102,529m	MXN 111,696m	MXN 134,672m	MXN 144,130m	MXN 96,524m	MXN 87,939m	MXN 105,625m	MXN 104,752m	MXN 99,878m	MXN 96,284m
Minority interests	MXN 9,473m	MXN 9,242m	MXN 15,392m	MXN 15,822m	MXN 15,406m	MXN 14,497m	MXN 14,874m	MXN 15,014m	MXN 13,995m	MXN 12,492m

Cash flow statement

Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Operating cash flow	MXN 20,092m	MXN 32,554m	MXN 15,201m	MXN 12,468m	MXN 29,324m	MXN 33,161m	MXN 27,269m	MXN 33,714m	MXN 25,100m	MXN 36,657m
Investing cash flow	−MXN 22,290m	−MXN 9,010m	−MXN 15,758m	MXN 42,705m	−MXN 18,845m	−MXN 15,920m	−MXN 17,005m	−MXN 23,898m	−MXN 17,331m	−MXN 29,000m
Financing cash flow	−MXN 16,321m	−MXN 9,389m	−MXN 17,753m	−MXN 29,769m	−MXN 13,732m	−MXN 16,195m	−MXN 14,302m	−MXN 16,505m	−MXN 16,469m	−MXN 9,991m
Capital expenditure	−MXN 12,187m	−MXN 9,097m	−MXN 14,708m	−MXN 17,315m	−MXN 23,268m	−MXN 20,132m	−MXN 19,108m	−MXN 18,500m	−MXN 16,760m	−MXN 27,942m
Dividends paid	−MXN 1,019m	−MXN 1,019m	−MXN 1,027m	−MXN 1,053m	−MXN 1,459m	—	−MXN 2,664m	−MXN 2,345m	−MXN 1,582m	−MXN 1,645m

Where each figure comes from

From the annual report (Form 20-F) that Grupo Televisa files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Grupo Televisa page.

More companies from Mexico and the rest of the region: Latin American stocks.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.