Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Income Statement
VTMX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVTMX revenue and net income
Where VTMX's revenue goes
2025Each bar shows an amount and its share of revenue. VTMX kept 83.4% of revenue as net income.
VTMX profit margins
VTMX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.8% | +17.8% | +14.2% | +14.0% |
| Gross profit | +15.0% | +15.9% | +13.2% | +13.2% |
| Operating income | +15.9% | +16.2% | +11.2% | +20.7% |
| Net income | +9.1% | −0.1% | +29.4% | — |
| EPS (diluted) | +27.5% | −14.8% | +15.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VTMX quarterly EPS vs estimates
Corporación Inmobiliaria Vesta, S.A.B. de C.V. beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.30).
VTMX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $291.0M | $251.3M | $214.5M | $178.0M | $160.8M | $149.9M | $144.4M | $132.7M | $109.4M | $90.5M |
| Cost of revenue | $31.8M | $25.9M | $18.2M | $11.4M | $10.7M | $10.2M | $8.1M | $5.7M | $5.0M | $4.4M |
| Gross profit | $259.1M | $225.4M | $196.2M | $166.6M | $150.1M | $139.7M | $136.2M | $127.0M | $104.4M | $86.1M |
| Research & development | — | — | $2 | $2 | $2 | $1 | $1 | — | — | — |
| Sales, general & admin | $33.8M | $33.2M | $30.1M | $2.8M | $2.5M | $17.2M | $4.3M | $5.2M | $4.4M | $3.9M |
| Total operating expenses | $35.7M | $32.6M | $196.2M | $24.3M | $21.4M | $139.7M | $19.1M | $16.6M | $13.6M | $10.7M |
| Operating income | $223.5M | $192.8M | $182.7M | $142.3M | $128.7M | $131.2M | $224.4M | $163.2M | $177.2M | $100.1M |
| Interest income | $5.3M | $15.2M | $9.4M | $2.6M | $76,871 | — | — | — | — | — |
| Interest expense | $56.4M | $44.1M | $46.3M | $46.4M | $50.3M | $39.1M | $39.2M | $35.2M | $19.7M | $19.9M |
| Income before taxes | $234.7M | $424.4M | $381.6M | $291.8M | $256.0M | $127.5M | $185.2M | $128.0M | $157.6M | $100.1M |
| Income taxes | −$8.0M | $202.0M | $65.0M | $48.2M | $82.1M | $60.5M | $50.6M | $35.0M | $31.5M | $55.0M |
| Net income | $242.7M | $222.4M | $316.6M | $243.6M | $173.9M | $67.0M | $134.6M | $93.1M | $126.0M | $45.1M |
| EBITDA | $292.9M | $469.9M | $429.5M | $339.7M | $302.3M | $168.0M | $225.9M | $163.8M | $177.6M | $120.3M |
| EPS (diluted) | $2.18 | $1.71 | $2.18 | $3.53 | $2.51 | $1.06 | $2.31 | $1.56 | $2.06 | $0.71 |
| Gross margin | 89.1% | 89.7% | 91.5% | 93.6% | 93.3% | 93.2% | 94.4% | 95.7% | 95.4% | 95.2% |
| Operating margin | 76.8% | 76.7% | 85.2% | 80.0% | 80.0% | 87.5% | 155.4% | 123.0% | 162.0% | 110.6% |
| Net margin | 83.4% | 88.5% | 147.6% | 136.8% | 108.2% | 44.7% | 93.2% | 70.1% | 115.2% | 49.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $84.1M | $76.7M | $79.7M | $73.7M | $74.3M | $73.7M | $62.5M | $62.3M | $60.6M | $55.9M | $62.4M | $51.9M |
| Cost of revenue | $9.8M | $7.4M | $9.3M | $9.4M | $7.0M | $6.6M | $6.5M | $6.2M | $4.5M | $4.9M | $6.0M | $3.9M |
| Gross profit | $74.3M | $69.3M | $70.4M | $64.3M | $67.3M | $67.1M | $56.1M | $63.0M | $56.1M | $51.1M | $56.4M | $48.0M |
| Sales, general & admin | $8.8M | $9.3M | $9.3M | — | $8.4M | $8.3M | $6.4M | $9.0M | $8.2M | $8.8M | $7.3M | $6.4M |
| Total operating expenses | $10.1M | $9.8M | $10.3M | $7.8M | $8.4M | $8.3M | $5.7M | $9.2M | $8.6M | $9.2M | $11.5M | $7.2M |
| Operating income | $64.2M | $59.5M | $60.1M | $56.5M | $58.8M | $58.8M | $50.3M | $42.5M | $51.9M | $43.9M | $44.9M | $40.8M |
| Interest income | $2.3M | $2.1M | $3.2M | — | $353,860 | — | — | — | — | — | — | — |
| Interest expense | $17.5M | $19.0M | $21.8M | $12.3M | $12.0M | $10.2M | $11.2M | $12.3M | $9.8M | $12.7M | $11.5M | $11.8M |
| Income before taxes | $98.5M | $97.9M | $98.6M | $52.5M | $54.5M | $28.6M | $61.6M | $131.8M | $150.6M | $99.8M | $131.0M | $107.7M |
| Income taxes | −$3.1M | −$3.1M | −$75.9M | $27.5M | $26.8M | $13.7M | $11.7M | $22.5M | $25.7M | −$14.0M | $54.8M | $12.0M |
| Net income | $101.6M | $101.0M | $174.5M | $25.0M | $27.7M | $14.9M | $51.0M | $109.3M | $124.9M | $113.8M | $76.2M | $95.7M |
| EBITDA | $116.5M | $60.0M | $120.8M | $53.0M | $113,829 | $632,549 | $74.3M | $144.2M | $160.8M | $113.1M | $267,477 | $119.8M |
| EPS (diluted) | $1.05 | $0.55 | $1.37 | $0.26 | $0.28 | $0.27 | $1.20 | $0.30 | $1.40 | $0.59 | $0.21 | $1.38 |
| Gross margin | 88.4% | 90.4% | 88.4% | 87.3% | 90.6% | 91.1% | 89.7% | 101.1% | 92.6% | 91.3% | 90.3% | 92.5% |
| Operating margin | 76.4% | 77.6% | 75.4% | 76.7% | 79.2% | 79.8% | 80.5% | 68.2% | 85.7% | 78.5% | 72.0% | 78.6% |
| Net margin | 120.7% | 131.7% | 218.9% | 33.9% | 37.3% | 20.2% | 81.6% | 175.3% | 206.1% | 203.5% | 122.1% | 184.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VTMX's financial statements (latest annual report filed March 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VTMX financial results
In fiscal year 2025 (ended December 31, 2025), Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported revenue of $291.0 million, up 15.8% from the year before. It had net income of $242.7 million (up 9.1%), a net profit margin of 83.4%. Diluted earnings per share came to $2.18. Over five years revenue grew at an average rate of 14.2% a year.
See the VTMX stock overview for the latest quote and news, or the VTMX chart for price history and technical indicators.
VTMX income statement FAQ
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s annual revenue?
Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported total revenue of $291.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 15.8% from $251.3 million the previous year.
Is Corporación Inmobiliaria Vesta, S.A.B. de C.V. profitable?
Yes. Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported net income of $242.7 million in fiscal 2025, a net profit margin of 83.4%; its operating margin was 76.8%.
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s gross margin?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s gross margin was 89.1% in fiscal 2025: for every $100 of revenue, Corporación Inmobiliaria Vesta, S.A.B. de C.V. kept $89 after the direct cost of its products and services.
How fast is Corporación Inmobiliaria Vesta, S.A.B. de C.V. growing?
Revenue grew 14.2% a year on average over the last five fiscal years, from $149.9 million to $291.0 million.
What are Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s earnings per share?
Corporación Inmobiliaria Vesta, S.A.B. de C.V. earned $2.18 per diluted share in fiscal 2025, compared with $1.71 a year earlier.
When will Corporación Inmobiliaria Vesta, S.A.B. de C.V. report its next earnings?
Corporación Inmobiliaria Vesta, S.A.B. de C.V. is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s fiscal year end?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 17, 2026.