Axtel reported 1.00 percent revenue decline: Axtel stock sat 1.90 percent below its high

Published on 10/20/2026 at 21:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Axtel reported MXN 2.97 billion revenue in the first quarter, down 1.00 percent year over year. Axtel stock costs EUR 0.17 on October 20, 2026.

Revenue and earnings picture

Axtel reported MXN 2.97 billion first-quarter revenue, down 1.00 percent year over year, in a report published October 13, 2026.
The company recorded a MXN 270.00 million first-quarter net loss after a MXN 218.70 million profit in the comparison period.
Axtel stock was trading at EUR 0.17 at Lang & Schwarz on October 20, 2026 at 9:15 p.m. CEST.

Axtel, MX01AX040009, Illustration mit AI erstellt.

Axtel (MX01AX040009) reported MXN 2.97 billion in first-quarter revenue, a 1.00 percent year-over-year decline, in a report published October 13, 2026, according to El Cronista. Axtel stock was trading at EUR 0.17 at Lang & Schwarz on October 20, 2026 at 9:15 p.m. CEST.

Business segments offset part of decline

The first-quarter revenue mix favored Axtel's enterprise and government businesses. Enterprise revenue reached MXN 2.23 billion, up 6.00 percent year over year, while government revenue rose to MXN 355.00 million, an 8.00 percent increase.

Technology and cybersecurity solutions grew 16.00 percent, and telecommunications services increased 4.00 percent. Government recurring revenue advanced 28.00 percent, giving that business a larger contribution to the period's performance.

Wholesale weakness weighs on earnings

The company’s wholesale business, Axtel Networks, reported a 32.00 percent annual revenue decline. The comparison was affected by extraordinary revenue in 2025, while lower demand for traditional connectivity also weighed on the segment.

Axtel posted a MXN 270.00 million net loss in the first quarter, compared with a MXN 218.70 million profit in the prior-year period. The reported loss included lower earnings before interest, taxes, depreciation and amortization and an extraordinary reorganization expense, according to El Cronista.

Transformation adds a longer-term angle

Axtel said savings from organizational optimization were expected to begin appearing from the second quarter. The company also signed a 12-year agreement with Tecnologico de Monterrey to operate a data center in Monterrey, linking its transformation program to a concrete customer relationship.

For investors, the figures show a split operating picture: enterprise and government growth partly offset wholesale pressure, but the net result moved from profit to loss. The next reported period will indicate whether the promised savings can improve that balance.

Stock facts for investors

Axtel is listed on BIVA under ticker AXTELCPO. The home-market quotation stood at MXN 3.62 on October 16, 2026, while the cited 52-week range was MXN 2.35 to MXN 3.69. The company had a reported market capitalization of MXN 10.1 billion in the same market context.

At Lang & Schwarz, the stock was trading at EUR 0.17 on October 20, 2026 at 9:15 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Axtel stock.