Megacable reports 7.20 percent revenue growth: what it means for Megacable stock
Published on 10/02/2026 at 20:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Megacable reported MXN 9.3 billion in second-quarter revenue, up 7.20 percent from the same period of 2025, according to El Imparcial on September 3, 2026. The same report said net income rose 11.00 percent to MXN 852.0 million in the second quarter.
Subscribers pass six million
Megacable ended June 2026 with 6,018,534 Internet subscribers, an increase of 8.50 percent from the second quarter of 2025. It added 112,000 users between April and June, marking the first time its Internet customer base exceeded six million.
The operating trend matters because network expansion is now being measured against customer conversion. Megacable had 19.76 million homes passed by June, up 9.10 percent year over year, while its fiber network extended across 110,965 kilometers, a 6.30 percent increase.
Fiber coverage meets capital discipline
Fiber accounted for 88.00 percent of Megacable's Internet subscribers at the end of the second quarter, compared with 80.00 percent one year earlier, according to El Imparcial. The company spent MXN 2.2 billion on capital expenditure during the quarter and MXN 4.2 billion during the first half of 2026.
That spending profile points to a shift from building coverage toward monetizing infrastructure already in place. The key comparison is between 19.76 million homes passed and 6.02 million Internet customers, leaving customer additions as the clearest operating lever in the reported figures.
BMV valuation and trading context
Megacable was trading at MXN 51.01 on the BMV on October 2, 2026 at 11:42 a.m. CST. Its market capitalization was MXN 44.2 billion, while the 52-week range stood at MXN 49.21 to MXN 69.32.
The stock therefore sat MXN 18.31 below its 52-week high, while the quarterly figures showed revenue growth, higher net income and a larger Internet customer base. For investors, the next test is whether that expanding subscriber base can convert the company's fiber coverage into sustained cash generation.
Megacable key facts
- Company: Megacable Holdings, S. A. B. de C. V.
- Ticker: MEGACPO.MX
- Primary exchange: BMV
- Price BMV as of October 2, 2026, 11:42 a.m. CST: MXN 51.01
- Market capitalization: MXN 44.2 billion (as of October 2, 2026)
- 52-week range: MXN 49.21-MXN 69.32
- Sector / Industry: Communication Services / Telecommunications
