GRUPO ELEKTRA ANNOUNCES REVENUE OF Ps.53,297 MILLION AND EBITDA OF Ps.7,813
MÉXICO CITY, Oct. 27, 2026 /PRNewswire/ -- Grupo Elektra, S.A. de C.V., Latin America's leading specialty retailer and financial services company, and the largest non-bank provider of cash advance services in the United…
MÉXICO CITY, Oct. 27, 2026 /PRNewswire/ -- Grupo Elektra, S.A. de C.V., Latin America's leading specialty retailer and financial services company, and the largest non-bank provider of cash advance services in the United States, today announced third quarter 2026 results.
Quarterly results
Grupo Elektra's consolidated revenue was Ps. 53,297 million for the period, compared to Ps. 53,864 million in the same quarter of the previous year.
Consolidated costs were Ps.24,225 million, down from Ps.25,637 million the previous year, while sales, administrative, and promotional expenses totaled Ps.21,260 million, compared to Ps.21,305 million in the same period of 2025.
EBITDA was Ps.7,813 million, up from Ps.6,922 million a year ago.
Below EBITDA, an exchange loss of Ps.67 million was recorded, compared to a gain of Ps.155 million a year earlier, driven by depreciation of the peso against the dollar, combined with a net monetary liability position in foreign currency, in contrast to currency appreciation a year ago.
Grupo Elektra reported net income of Ps.2,230 million, from Ps.2,274 million a year ago.
Balance sheet
Grupo Elektra's consolidated gross loan portfolio as of September 30, 2026, was Ps.217,489 million, compared to Ps.212,366 million the previous year. The consolidated delinquency rate was 4.9% at the end of the period.
The gross loan portfolio balance for Banco Azteca Mexico was Ps.209,671 million, compared to Ps.203,994 million a year earlier. The bank's non-performing loan ratio was 4.9%.
Grupo Elektra's consolidated deposits were Ps.255,695 million, compared to Ps.248,125 million a year earlier. Traditional deposits at Banco Azteca Mexico were Ps.246,069 million, up from Ps.240,761 million the previous year.
Banco Azteca Mexico's liquidity coverage ratio was 461%, and the capitalization ratio was 14.04%.
Company Profile:
Grupo Elektra is Latin America's leading financial services company and specialty retailer and the largest non-bank provider of cash advance services in the United States. The group operates more than 5,000 points of contact in México, the United States, Guatemala, Honduras, and Panama.
Grupo Elektra is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic, fast-growing, and technologically advanced companies focused on creating economic value through market innovation and goods and services that improve standards of living; social value to improve community well-being; and environmental value by reducing the negative impact of its business activities. Created by Mexican entrepreneur Ricardo B. Salinas (www.ricardosalinas.com), Grupo Salinas operates as a management development and decision forum for the top leaders of member companies. These companies include TV Azteca (www.TVazteca.com;www.irtvazteca.com), Grupo Elektra (www.grupoelektra.com.mx), Banco Azteca (www.bancoazteca.com.mx), Purpose Financial (havepurpose.com), Afore Azteca (www.aforeazteca.com.mx), Seguros Azteca (www.segurosazteca.com.mx), Punto Casa de Bolsa (www.puntocasadebolsa.mx), Total Play (irtotalplay.mx; www.totalplay.com.mx) and Total Play Empresarial (totalplayempresarial.com.mx). Each of the Grupo Salinas companies operates independently, with its own management, board of directors and shareholders. Grupo Salinas has no equity holdings. The group of companies shares a common vision, values, and strategies for achieving rapid growth, superior results, and world-class performance.
Except for historical information, the matters discussed in this press release are concepts about the future that involve risks and uncertainty that may cause actual results to differ materially from those projected. Other risks that may affect Grupo Elektra and its subsidiaries are presented in documents sent to the securities authorities.
Investor Relations:
Bruno Rangel
Grupo Salinas
Tel. +52 (55) 1720-9167
[email protected]
Rolando Villarreal
Grupo Elektra, S.A.B. de C.V.
Tel. +52 (55) 1720-9167
[email protected]
Press Relations:
Luciano Pascoe
Tel. +52 (55) 1720 1313 ext. 36553
[email protected]
GRUPO ELEKTRA, S.A. DE C.V. AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENTS
MILLIONS OF MEXICAN PESOS
3Q25
3Q26
Change
Financial income
35,569
66 %
34,495
65 %
(1,074)
-3 %
Commercial income
18,295
34 %
18,802
35 %
507
3 %
Income
53,864
100 %
53,297
100 %
(567)
-1 %
Financial cost
13,165
24 %
11,809
22 %
(1,356)
-10 %
Commercial cost
12,472
23 %
12,415
23 %
(57)
0 %
Costs
25,637
48 %
24,225
45 %
(1,413)
-6 %
Gross income
28,227
52 %
29,073
55 %
846
3 %
Sales, administration and promotion expenses
21,305
40 %
21,260
40 %
(45)
0 %
EBITDA
6,922
13 %
7,813
15 %
891
13 %
Depreciation and amortization
2,497
5 %
2,273
4 %
(224)
-9 %
Other expense (income), net
117
0 %
(9)
0 %
(126)
----
Operating income
4,308
8 %
5,549
10 %
1,241
29 %
Comprehensive financial result:
Interest income
274
1 %
182
0 %
(92)
-34 %
Interest expense
(1,440)
-3 %
(1,322)
-2 %
118
8 %
Foreign exchange gain (loss), net
155
0 %
(67)
0 %
(221)
----
Other financial results, net
126
0 %
(129)
0 %
(254)
----
(886)
-2 %
(1,335)
-3 %
(450)
-51 %
Participation in the net income of
CASA and other associated companies
(80)
0 %
0
0 %
80
----
Income before income tax
3,342
6 %
4,214
8 %
872
26 %
Income tax
(1,056)
-2 %
(1,996)
-4 %
(940)
-89 %
Income before discontinued operations
2,286
4 %
2,219
4 %
(68)
-3 %
Result from discontinued operations
(12)
0 %
11
0 %
23
----
Consolidated net income
2,274
4 %
2,230
4 %
(45)
-2 %
GRUPO ELEKTRA, S.A. DE C.V. AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENTS
MILLIONS OF MEXICAN PESOS
9M25
9M26
Change
Financial income
100,958
65 %
98,697
65 %
(2,261)
-2 %
Commercial income
55,539
35 %
52,164
35 %
(3,375)
-6 %
Income
156,497
100 %
150,861
100 %
(5,636)
-4 %
Financial cost
33,329
21 %
34,815
23 %
1,486
4 %
Commercial cost
38,537
25 %
34,650
23 %
(3,887)
-10 %
Costs
71,866
46 %
69,465
46 %
(2,401)
-3 %
Gross income
84,630
54 %
81,396
54 %
(3,235)
-4 %
Sales, administration and promotion expenses
64,641
41 %
61,611
41 %
(3,030)
-5 %
EBITDA
19,989
13 %
19,785
13 %
(205)
-1 %
Depreciation and amortization
7,314
5 %
7,045
5 %
(269)
-4 %
Other expense (income), net
101
0 %
(45)
0 %
(146)
----
Operating income
12,575
8 %
12,785
8 %
210
2 %
Comprehensive financial result:
Interest income
1,130
1 %
588
0 %
(542)
-48 %
Interest expense
(4,501)
-3 %
(3,953)
-3 %
548
12 %
Foreign exchange gain (loss), net
757
0 %
(290)
0 %
(1,047)
----
Other financial results, net
163
0 %
(109)
0 %
(272)
----
(2,451)
-2 %
(3,764)
-2 %
(1,313)
-54 %
Participation in the net income of
CASA and other associated companies
(29)
0 %
50
0 %
79
----
Income before income tax
10,095
6 %
9,070
6 %
(1,024)
-10 %
Income tax
(3,262)
-2 %
(4,658)
-3 %
(1,396)
-43 %
Income before discontinued operations
6,833
4 %
4,413
3 %
(2,420)
-35 %
Result from discontinued operations
2
0 %
9
0 %
7
----
Consolidated net income
6,835
4 %
4,422
3 %
(2,413)
-35 %
GRUPO ELEKTRA, S.A. DE C.V. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
MILLIONS OF MEXICAN PESOS
Commercial Business
Financial Business
Grupo Elektra
Commercial Business
Financial Business
Grupo Elektra
Change
At September 30, 2025
At September 30, 2026
Cash and cash equivalents
8,595
34,226
42,822
11,082
27,816
38,898
(3,924)
-9 %
Marketable financial instruments
5,850
132,710
138,560
7,272
114,437
121,709
(16,851)
-12 %
Performing loan portfolio
-
110,442
110,442
-
112,242
112,242
1,800
2 %
Total past-due loans
-
7,507
7,507
-
7,653
7,653
146
2 %
Gross loan portfolio
-
117,949
117,949
-
119,895
119,895
1,947
2 %
Allowance for credit risks
-
20,905
20,905
-
18,667
18,667
(2,237)
-11 %
Loan portfolio, net
-
97,044
97,044
-
101,228
101,228
4,184
4 %
Inventories
25,113
-
25,113
21,985
-
21,985
(3,128)
-12 %
Other current assets
21,982
12,858
34,840
24,438
14,081
38,518
3,678
11 %
Total current assets
61,541
276,839
338,380
64,777
257,562
322,339
(16,041)
-5 %
Financial instruments
8,993
249
9,242
381
228
610
(8,633)
-93 %
Performing loan portfolio
-
90,942
90,942
-
94,617
94,617
3,676
4 %
Total past-due loans
-
3,476
3,476
-
2,977
2,977
(499)
-14 %
Gross loan portfolio
-
94,417
94,417
-
97,594
97,594
3,177
3 %
Allowance for credit risks
-
6,958
6,958
-
6,638
6,638
(319)
-5 %
Loan portfolio
-
87,460
87,460
-
90,956
90,956
3,496
4 %
Other non-current assets
21
387
408
3
1,538
1,541
1,133
278 %
Investment in shares
2,081
17
2,098
143
21
164
(1,934)
-92 %
Property, furniture, equipment and
investment in stores, net
7,436
9,480
16,916
6,518
8,156
14,675
(2,242)
-13 %
Intangible assets
598
9,051
9,648
35
9,208
9,243
(405)
-4 %
Right of use asset
13,403
2,203
15,606
12,500
1,762
14,262
(1,345)
-9 %
Other assets
12,373
13,837
26,211
13,847
20,957
34,804
8,593
33 %
TOTAL ASSETS
106,446
399,524
505,969
98,205
390,389
488,594
(17,376)
-3 %
Demand and term deposits
-
248,125
248,125
-
255,695
255,695
7,570
3 %
Creditors from repurchase agreements
-
60,819
60,819
-
38,814
38,814
(22,005)
-36 %
Short-term debt
8,756
37
8,792
11,441
468
11,908
3,116
35 %
Leasing
2,811
802
3,614
2,721
703
3,424
(190)
-5 %
Short-term liabilities with cost
11,567
309,783
321,350
14,162
295,679
309,841
(11,508)
-4 %
Suppliers and other short-term liabilities
26,771
25,937
52,707
37,215
30,631
67,846
15,139
29 %
Short-term liabilities without cost
26,771
25,937
52,707
37,215
30,631
67,846
15,139
29 %
Total short-term liabilities
38,337
335,719
374,057
51,377
326,311
377,687
3,631
1 %
Long-term debt
26,927
-
26,927
20,357
-
20,357
(6,570)
-24 %
Leasing
12,445
1,501
13,946
11,592
1,163
12,755
(1,191)
-9 %
Long-term liabilities with cost
39,372
1,501
40,873
31,949
1,163
33,112
(7,761)
-19 %
Long-term liabilities without cost
7,813
2,432
10,244
6,549
3,384
9,933
(311)
-3 %
Total long-term liabilities
47,185
3,933
51,117
38,498
4,547
43,045
(8,072)
-16 %
TOTAL LIABILITIES
85,522
339,652
425,174
89,875
330,858
420,733
(4,441)
-1 %
TOTAL STOCKHOLDERS' EQUITY
20,923
59,872
80,796
8,330
59,531
67,861
(12,935)
-16 %
LIABILITIES + EQUITY
106,446
399,524
505,969
98,205
390,389
488,594
(17,376)
-3 %
INFRASTRUCTURE
3Q25
3Q26
Change
Points of sale in Mexico
Elektra
1,243
20 %
1,229
21 %
(14)
-1 %
Salinas y Rocha
32
1 %
29
0 %
(3)
-9 %
Banco Azteca
1,928
32 %
1,884
32 %
(44)
-2 %
Freestanding branches
1,684
28 %
1,676
28 %
(8)
0 %
Total
4,887
80 %
4,818
81 %
(69)
-1 %
Points of sale in Central America
Elektra
127
2 %
126
2 %
(1)
-1 %
Banco Azteca
231
4 %
229
4 %
(2)
-1 %
Freestanding branches
67
1 %
64
1 %
(3)
-4 %
Total
425
7 %
419
7 %
(6)
-1 %
Points of sale in North America
Purpose Financial
800
13 %
736
12 %
(64)
-8 %
Total
800
13 %
736
12 %
(64)
-8 %
TOTAL
6,112
100 %
5,973
100 %
(139)
-2 %
Floor space (m²)
1,725
100 %
1,717
100 %
(8)
0 %
SOURCE Grupo Elektra, S.A. de C.V.
Figures reflect the source report and its stated period. This article is for information and is not investment advice.
