0001999371-26-009183
SEC filingOMA reported 1Q26 results with passenger traffic up 4.7% to 6.7 million, adjusted EBITDA up 2.1% to Ps.2,421 million, and net income down 4.1% to Ps.1,239 million.
OMA's 1Q26 results showed resilient traffic growth of 4.7% to 6.7 million passengers, with domestic up 5.7% offsetting a 0.5% international decline, led by strong performances at Monterrey, San Luis Potosí, and Durango airports on key routes to major cities and U.S. destinations. Revenue growth was balanced, with aeronautical up 4.3% from robust domestic TUA increases despite international TUA weakness tied to peso appreciation, and non-aeronautical up 3.8% driven by commercial lines like parking (+8.5%), retail (+8.9%), and VIP lounges (+8.1%) benefiting from higher traffic and penetration. Adjusted EBITDA rose 2.1% to Ps.2,421 million at a 73.4% margin, supported by revenue gains despite a 20.0% jump in airport services and G&A costs from maintenance, security, and other expenses; operating income dipped 1.4% to Ps.2,081 million. Net income fell 4.1% to Ps.1,239 million amid stable financing costs. Key non-core segments like OMA Carga revenues (+7.8%) and OMA VYNMSA park (+19.2%) grew, while hotels saw occupancy stability but rate declines. Capital spending of Ps.604 million focused on MDP improvements. Investors benefit from a Ps.4,900 million dividend approval and short-term financing to manage debt maturities, with cash at Ps.3,662 million and operating cash flow of Ps.1,729 million providing liquidity. The NH hotel lease extension to 2034 secures diversification revenue.