EarningsQ2 2026 Earnings Report
MX:AGUA Q2 2026 EPS Results
Actual EPS-$0.40
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.09
MX:AGUA Q2 2026 Revenue Results
Actual Revenue$3.04B
Expected Revenue$2.97B
Beat/MissBeat by +$70.50M
YoY Revenue Growth+3.35%
Earnings Announcement Details
QuarterQ2 2026
Date07/22/2026
TimeAfter Close
Conference CallWednesday, July 22, 2026
MX:AGUA Upcoming Earnings
Grupo Rotoplas SAB de CV's next earnings date is estimated for October 21, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The quarter shows clear operational improvement: revenue growth, gross margin expansion (+70 bps), EBITDA growth (+11%) and margin improvement (+90 bps), strong cash generation (+64% cash) and meaningful deleveraging (net debt down 16%, net debt/EBITDA 2.3x). Progress in product innovation (vertical tank, smart pump), Bebia scale (193k+ subscribers), and the continued U.S. turnaround are notable positives. Key challenges are a reported net loss driven by Argentina‑related noncash accounting and tax items, higher financing costs and raw material pressure, a one‑time litigation charge in Brazil affecting services EBITDA, and macro/weather volatility (El Niño) that could introduce demand swings. Management frames the negatives as largely non‑operational and emphasizes pricing discipline, cost management, and capital structure actions. Overall, operational momentum and balance‑sheet improvements outweigh the transient accounting and macro risks.Company Guidance
Revenue Growth
Net sales reached MXN 3.0 billion, a 3.4% year‑over‑year increase (Products +3.2%, Services +4.7%). Growth was broad based across Mexico, the U.S., and other countries, offsetting pressure in Argentina.
Gross Profit and Margin Expansion
Gross profit closed at MXN 1.3 billion with a 42.0% gross margin, representing a 70 basis‑point expansion year‑over‑year driven by pricing, project management, and cost discipline.
EBITDA Growth and Margin Improvement
EBITDA was MXN 409 million, an 11% increase year‑over‑year, with EBITDA margin improving by 90 basis points to 13.4%.
Operating Income Increase
Operating income rose to MXN 217 million, a 4.8% increase versus the prior year, reflecting operating improvements despite investments in digital and services.
Stronger Cash Position and Deleveraging
Cash & cash equivalents were MXN 1.2 billion, up 64% year‑over‑year. Net financial debt fell 16% to MXN 3.2 billion and net debt/EBITDA improved to 2.3x (from 3.2x a year ago and 2.6x last quarter).
Refinancing and Interest Rate Hedging
Prepaid ROTO 17-2X bond and closed a new MXN 4.0 billion, 7‑year Bancomext facility at TIIE28 +195 bps. Hedged 50% of the notional via a 4‑year interest rate swap fixed at 7.5% through June 2030; current blended cost of debt ~8.96%.
Product Segment Strength
Products grew 3% with EBITDA up 22% and margin expansion (~280 basis points), supported by cost efficiencies in Mexico and solid performance in the U.S., Peru, and Central America. Mexico product sales +4% and EBITDA +15% (margin 21%, +200 bps).
U.S. Turnaround Continues
U.S. sales increased 2% in pesos and 15% in dollars. U.S. achieved its fifth consecutive quarter of positive EBITDA with an 8% EBITDA margin, supported by B2B mix shift and new branch ramps (Pompano and Phoenix).
Services Progress — Bebia Scale
Bebia surpassed 193,000 active subscribers and continues to improve unit economics; services revenue grew ~4.7% and management expects a path to services breakeven as Bebia and RSA scale.
Selective CapEx and Cash Returns
CapEx for H1 was MXN 194 million (3.4% of sales), down 8% YoY reflecting a selective, return‑oriented approach. The company returned MXN 82 million to shareholders (~MXN 0.17 per share) during the period.
Geographic Outperformance in Several Markets
Peru, Central America, and Brazil collectively grew 24% with strong volume in Peru (extended summer), continued momentum in Central America, and steady buildout of Brazil's water treatment platform.
MX:AGUA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed