The story
Founded by Emilio Azcárraga Milmo on Jan 8, 1973.1
TV on NYSE
Logo: Grupo Televisa, Public domain, via Wikimedia Commons5
Mexican multimedia mass media company
Grupo Televisa, S.A.B., simply known as Televisa, is a Mexican telecommunications and broadcasting company and the largest in Hispanic America. A major Hispanic American mass media corporation, it often presents itself as the largest producer of Spanish-language content.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 16, 2026.
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Grupo Televisa, S.A.B., simply known as Televisa, is a Mexican telecommunications and broadcasting company and the largest in Hispanic America. A major Hispanic American mass media corporation, it often presents itself as the largest producer of Spanish-language content.3
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in MXN, the currency the company reports in.
Revenue by product, business segment and region, as the company reports it to the SEC.
Broadband Services brought in 33% of the revenue Grupo Televisa broke down this way in fiscal 2025.
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Broadband Services | 21.4B MXN | 23.9B MXN | 25.3B MXN |
| Satellite | 17.6B MXN | 15.0B MXN | 12.4B MXN |
| DTH Broadcast Satellite TV | 16.5B MXN | 14.4B MXN | 11.8B MXN |
| Content | 15.0B MXN | 13.0B MXN | 11.1B MXN |
| Enterprise | 4.5B MXN | 4.3B MXN | 4.3B MXN |
| Enterprise Operations | 4.5B MXN | 4.3B MXN | 4.3B MXN |
| Telephony | 4.5B MXN | 3.0B MXN | 2.7B MXN |
| IFRS Advertising | 3.2B MXN | 2.6B MXN | 2.7B MXN |
| Other Services | 1.1B MXN | 1.1B MXN | 1.0B MXN |
Country of domicile [member] brought in 98% of the revenue Grupo Televisa broke down this way in fiscal 2025.
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Country of domicile [member] | 65.3B MXN | 61.1B MXN | 57.8B MXN |
| Foreign countries [member] | 972.5M MXN | 1.1B MXN | 1.1B MXN |
Out of 62.3B MXN in revenue.6 The company lost money this year.
Out of 32.6B MXN of cash from operations.6
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | 58.9B MXN | 62.3B MXN | 66.2B MXN |
| Cost of sales | -36.4B MXN | -41.1B MXN | -43.3B MXN |
| Selling expenses | -7.7B MXN | -8.8B MXN | -8.8B MXN |
| Administrative expenses | -9.5B MXN | -10.6B MXN | -11.3B MXN |
| Income before other expense | 5.2B MXN | 1.7B MXN | 2.8B MXN |
| Other expense, net | -1.0B MXN | -4.6B MXN | -913.8M MXN |
| Operating income (loss) | 4.2B MXN | -2.8B MXN | 1.9B MXN |
| Finance expense | -7.5B MXN | -8.8B MXN | -8.0B MXN |
| Finance income | 3.4B MXN | 4.1B MXN | 3.2B MXN |
| Finance expense, net | -4.1B MXN | -4.7B MXN | -4.8B MXN |
| Share of loss of associates and joint ventures, net | -1.1B MXN | -182.6M MXN | -4.1B MXN |
| Loss before income taxes | -1.0B MXN | -7.7B MXN | -7.1B MXN |
| Income taxes | -7.9B MXN | -688.6M MXN | -2.4B MXN |
| Net loss from continuing operations | -8.9B MXN | -8.4B MXN | -9.4B MXN |
| Income from discontinued operations, net | 56.8M MXN | 628.1M MXN | |
| Net loss | -8.9B MXN | -8.3B MXN | -8.8B MXN |
| Stockholders of the Company | -9.2B MXN | -8.3B MXN | -8.4B MXN |
| Non-controlling interests | 233.2M MXN | -62.9M MXN | -384.5M MXN |
| Continuing operations | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument |
| Discontinued operations | 0 MXN/EquityInstrument | 0 MXN/EquityInstrument | |
| Total | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument |
| Continuing operations | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument |
| Discontinued operations | 0 MXN/EquityInstrument | 0 MXN/EquityInstrument | |
| Total | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument | -3 MXN/EquityInstrument |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | 27.6B MXN | 46.2B MXN | 32.6B MXN |
| Short-term investments | 11.4B MXN | ||
| Trade accounts receivable, net | 5.7B MXN | 6.2B MXN | |
| Other accounts receivable, net | 70.6M MXN | 125.5M MXN | |
| Income taxes receivable | 6.1B MXN | 6.4B MXN | |
| Other recoverable taxes | 3.6B MXN | 3.2B MXN | |
| Derivative financial instruments | 1.3B MXN | ||
| Due from related parties | 727.5M MXN | 339.6M MXN | |
| Transmission rights | 877.7M MXN | 950.8M MXN | |
| Inventories | 584.9M MXN | 463.2M MXN | |
| Contract costs | 1.5B MXN | 1.5B MXN | |
| Other current assets | 2.0B MXN | 1.7B MXN | |
| Total current assets | 60.2B MXN | 68.3B MXN | |
| Trade accounts receivable, net of current portion | 3.0M MXN | 484.5M MXN | |
| Due from related party | 3.3B MXN | ||
| Derivative financial instruments | 704.1M MXN | ||
| Transmission rights | 74.2M MXN | 74.2M MXN | |
| Investments in financial instruments | 3.4B MXN | 2.5B MXN | |
| Investments in associates and joint ventures | 41.9B MXN | 44.4B MXN | 43.4B MXN |
| Property, plant and equipment, net | 60.7B MXN | 63.7B MXN | 77.8B MXN |
| Investment property, net | 2.6B MXN | 2.7B MXN | |
| Right-of-use assets, net | 4.2B MXN | 3.3B MXN | 6.1B MXN |
| Intangible assets, net | 24.9B MXN | 25.5B MXN | |
| Goodwill | 13.5B MXN | 13.5B MXN | |
| Deferred income tax assets | 14.1B MXN | 20.6B MXN | |
| Contract costs | 2.7B MXN | 2.5B MXN | |
| Other non-current assets | 187.6M MXN | 149.1M MXN | |
| Total non-current assets | 168.2B MXN | 183.4B MXN | |
| Total assets | 228.4B MXN | 251.7B MXN | |
| Current portion of long-term debt | 3.7B MXN | 4.6B MXN | |
| Interest payable | 1.4B MXN | 1.7B MXN | |
| Current portion of lease liabilities | 1.6B MXN | 1.2B MXN | |
| Derivative financial instruments | 413.2M MXN | ||
| Trade accounts payable and accrued expenses | 14.0B MXN | 11.3B MXN | |
| Customer advances | 958.2M MXN | 1.1B MXN | |
| Income taxes payable | 287.9M MXN | 1.3B MXN | |
| Other taxes payable | 1.8B MXN | 2.6B MXN | |
| Employee benefits | 1.2B MXN | 1.3B MXN | |
| Due to related parties | 224.6M MXN | 202.4M MXN | |
| Current portion of deferred revenue | 287.7M MXN | 287.7M MXN | |
| Other current liabilities | 2.1B MXN | 1.7B MXN | |
| Total current liabilities | 28.1B MXN | 27.3B MXN | |
| Long-term debt, net of current portion | 82.3B MXN | 98.4B MXN | |
| Lease liabilities, net of current portion | 3.9B MXN | 4.1B MXN | |
| Deferred revenue, net of current portion | 4.3B MXN | 4.6B MXN | |
| Deferred income tax liabilities | 2.7B MXN | 1.3B MXN | |
| Post-employment benefits | 954.2M MXN | 772.5M MXN | |
| Other non-current liabilities | 3.7B MXN | 3.5B MXN | |
| Total non-current liabilities | 97.8B MXN | 112.7B MXN | |
| Total liabilities | 125.9B MXN | 140.0B MXN | |
| Capital stock | 3.9B MXN | 3.9B MXN | |
| Additional paid-in capital | 13.4B MXN | 13.4B MXN | |
| Retained earnings | 102.7B MXN | 112.0B MXN | |
| Accumulated other comprehensive loss, net | -11.9B MXN | -12.9B MXN | |
| Shares repurchased | -15.0B MXN | -14.0B MXN | |
| Equity attributable to stockholders of the Company | 93.1B MXN | 102.5B MXN | |
| Non-controlling interests | 9.5B MXN | 9.2B MXN | |
| Total equity | 102.5B MXN | 111.7B MXN | 134.7B MXN |
| Total liabilities and equity | 228.4B MXN | 251.7B MXN |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loss before income taxes from continuing operations | -1.0B MXN | -7.7B MXN | -7.1B MXN |
| Income before income taxes from discontinued operations | 70.6M MXN | 945.7M MXN | |
| Share of loss of associates and joint ventures | 1.1B MXN | 182.6M MXN | 4.1B MXN |
| Depreciation and amortization | 17.2B MXN | 20.5B MXN | 21.5B MXN |
| Other amortization of assets | 1.4M MXN | 47.6M MXN | 422.1M MXN |
| Impairment of long-lived assets | 3.1B MXN | 69.5M MXN | |
| Loss (gain) on disposition of property and equipment and intangible assets | 78.3M MXN | -2.3B MXN | 233.6M MXN |
| Impairment loss of trade accounts receivable and other receivables | 1.2B MXN | 1.3B MXN | 1.1B MXN |
| Post-employment benefits | 141.4M MXN | 135.7M MXN | 87.7M MXN |
| Interest income | -227.4M MXN | -685.8M MXN | -675.5M MXN |
| Share-based compensation expense | 373.5M MXN | 488.8M MXN | 748.5M MXN |
| Other finance gain, net | -302.3M MXN | -773.7M MXN | 134.8M MXN |
| Other (income) expense | -38.7M MXN | 1.3B MXN | -734.4M MXN |
| Interest expense | 7.5B MXN | 8.0B MXN | 7.7B MXN |
| Unrealized foreign exchange (gain) loss, net | -4.3B MXN | 5.7B MXN | -3.7B MXN |
| Total | 21.6B MXN | 29.3B MXN | 24.7B MXN |
| (Increase) decrease in trade accounts receivable | -260.6M MXN | 143.0M MXN | 523.6M MXN |
| Decrease (increase) in transmission rights | 71.5M MXN | 1.3B MXN | -456.9M MXN |
| (Increase) decrease in due from related parties, net | -176.9M MXN | 2.3B MXN | 1.7B MXN |
| (Increase) decrease in inventories | -48.1M MXN | 1.1B MXN | 564.7M MXN |
| (Increase) decrease in other accounts receivable, contract costs and other assets | -1.4B MXN | 1.5B MXN | 1.3B MXN |
| Increase (decrease) in trade accounts payable and accrued expenses | 2.7B MXN | -738.6M MXN | -3.2B MXN |
| Decrease in deferred revenue and customer advances | -457.4M MXN | -526.7M MXN | -734.3M MXN |
| Increase (decrease) in other liabilities and taxes payable | 61.6M MXN | -748.2M MXN | -2.3B MXN |
| (Decrease) increase in post-employment benefits | -57.3M MXN | -228.4M MXN | 137.0M MXN |
| Income taxes paid | -1.9B MXN | -812.2M MXN | -7.0B MXN |
| Total | -1.5B MXN | 3.3B MXN | -9.5B MXN |
| Net cash provided by operating activities | 20.1B MXN | 32.6B MXN | 15.2B MXN |
| Increase of short-term investments | -11.4B MXN | ||
| Capital contribution to TelevisaUnivision | -1.7B MXN | ||
| Prepayment of long-term loan due from related party | 3.2B MXN | ||
| Dividends from preferred shares | 780.1M MXN | 777.8M MXN | 716.9M MXN |
| Disposition or investment in associate and joint ventures | 116.3M MXN | 50.8M MXN | 45.6M MXN |
| Dividends received | 5.0M MXN | 10.0M MXN | 8.0M MXN |
| Investments in property, plant and equipment | -12.2B MXN | -9.1B MXN | -14.7B MXN |
| Disposition of property, plant and equipment | 133.2M MXN | 628.0M MXN | 48.9M MXN |
| Other investments in intangible assets | -1.3B MXN | -1.4B MXN | -1.9B MXN |
| Net cash used in investing activities | -22.3B MXN | -9.0B MXN | -15.8B MXN |
| Partial prepayment of Senior Notes due 2025, 2026, 2045, 2046 and 2049 | -4.7B MXN | ||
| Prepayment of long-term loans from Mexican banks | -2.6B MXN | -10.0B MXN | |
| Proceeds from Mexican banks long-term loans | 10.0B MXN | 400.0M MXN | |
| Prepayment of Mexican peso debt related to Sky | -1.4B MXN | ||
| Payments of lease liabilities | -1.8B MXN | -1.6B MXN | -1.8B MXN |
| Interest paid | -6.8B MXN | -7.4B MXN | -7.6B MXN |
| Funding for acquisition of shares under the Long-term Retention Plan | -594.2M MXN | -132.6M MXN | -86.0M MXN |
| Repurchases of CPOs under a share repurchase program | -1.2B MXN | ||
| Repurchase of capital stock | -495.8M MXN | -378.9M MXN | -173.0M MXN |
| Sale of capital stock | 495.8M MXN | 378.9M MXN | 173.0M MXN |
| Dividends paid | -1.0B MXN | -1.0B MXN | -1.0B MXN |
| Derivative financial instruments | 474.2M MXN | 747.7M MXN | -195.1M MXN |
| Net cash used in financing activities | -16.3B MXN | -9.4B MXN | -17.8B MXN |
| Foreign currency translation on cash and cash equivalents | -67.0M MXN | 148.3M MXN | -234.6M MXN |
| Net (decrease) increase in cash and cash equivalents | -18.6B MXN | 14.3B MXN | -18.5B MXN |
| Realized gain on sale of property | 2.6B MXN | ||
| Income tax reimbursements | 367.7M MXN | 1.3B MXN |
Founded by Emilio Azcárraga Milmo on Jan 8, 1973.1
Who has led Grupo Televisa, and when. Pick a name to see everywhere that person has worked.
Listed on Wikidata.1
From Wikidata.1
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
The numbers on this page point here. Each one links to the record it came from.