Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Financial Statements & Analysis

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Income Statement

Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported revenue of $290.98M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 15.3% from $252.33M a year earlier. Net income was $242.68M, up 8.7% year over year, a net margin of 83.4%. Gross margin was 89.1% and operating margin 76.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $78.49M, up 16.7% from the same quarter a year earlier.

Corporación Inmobiliaria Vesta, S.A.B. de C.V. Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Corporación Inmobiliaria Vesta, S.A.B. de C.V. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	290.98	252.33	214.47	178.03	160.79	149.86	144.37	132.67	109.43
Cost of Revenue	31.83	24.59	18.24	11.42	10.73	10.15	8.14	5.68	4.99
Gross Profit	259.15	227.73	196.23	166.60	150.06	139.70	136.22	126.99	104.43
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	34.18	30.14	2.80	21.40	17.18	4.29	5.24	4.38
Operating Expenses	35.68	33.85	31.53	24.27	21.36	139.70	19.13	16.56	13.61
Operating Income	223.47	188.40	164.70	142.33	128.54	0.00	224.36	163.20	177.23
Other Income/Expense
Interest Income	5.29	30.39	9.41	2.64	0.08	0.31	0.07	0.43	0.06
Interest Expense	56.41	41.94	44.34	46.40	44.67	39.05	39.16	35.16	19.67
Other Income/Expense	11.26	237.76	253.82	149.52	127.50	127.50	-39.16	-35.16	-19.67
Income
Income Before Tax	234.72	426.16	381.62	291.85	256.03	127.50	185.20	128.04	157.56
Income Tax Expense	-7.96	202.82	64.98	48.22	82.09	60.55	50.59	34.98	31.53
Net Income	242.68	223.35	316.64	243.62	173.94	66.96	134.61	93.06	126.03
Net Income - Continuous Operations	242.68	223.35	316.64	243.62	173.94	66.96	134.61	93.06	126.03
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	292.86	189.16	427.53	339.71	129.80	168.03	225.86	163.77	177.59
EBIT	287.07	188.40	425.96	336.70	128.66	-	-	-	-
Depreciation & Amortization	1.73	0.75	1.58	1.46	1.14	1.48	1.49	0.57	0.36
Earnings Per Share
Basic EPS	3.00	-	4.00	4.00	-	1.00	2.00	2.00	2.00
Diluted EPS	3.00	3.00	4.00	4.00	3.00	1.00	2.00	2.00	2.00
Basic Shares Outstanding	84.89	871.37	75.70	68.26	648.42	56.67	58.16	59.74	60.99
Diluted Shares Outstanding	86.11	883.29	76.88	69.43	692.93	57.36	58.72	59.99	60.99

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Corporación Inmobiliaria Vesta, S.A.B. de C.V. Financial Statements

What was Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s revenue in fiscal 2025?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported revenue of $290.98M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 15.3% from $252.33M a year earlier.

Is Corporación Inmobiliaria Vesta, S.A.B. de C.V. profitable?

Yes. Corporación Inmobiliaria Vesta, S.A.B. de C.V. earned net income of $242.68M in fiscal 2025, a net margin of 83.4%. In fiscal 2024 it earned $223.35M.

What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s operating margin?

Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s operating income was $223.47M on revenue of $290.98M in fiscal 2025, an operating margin of 76.8%, compared with 74.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition