v3.25.4
Note 6 Main margins and profit by operating segments (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
[1]
Dec. 31, 2023
[1]
Disclosure of operating segments [line items]      
Interest income (expense) € (26,280) € (25,267) € (23,089)
Gross profit 36,931 35,481 29,542
Profit (loss) before tax 16,227 15,405 12,419
Profit (loss), attributable to owners of parent (10,511) (10,054) (8,019)
SPAIN      
Disclosure of operating segments [line items]      
Interest income (expense) (6,588) (6,384) (5,570)
Gross profit 10,027 9,443 7,848
Profit (loss) before tax 5,933 5,263 3,855
Profit (loss), attributable to owners of parent (4,175) (3,752) (2,690)
MEXICO      
Disclosure of operating segments [line items]      
Interest income (expense) (11,424) (11,556) (11,054)
Gross profit 15,198 15,337 14,267
Profit (loss) before tax 7,341 7,522 7,329
Profit (loss), attributable to owners of parent (5,264) (5,447) (5,319)
TURKEY      
Disclosure of operating segments [line items]      
Interest income (expense) (3,079) (1,492) (1,869)
Gross profit 5,213 4,212 2,981
Profit (loss) before tax 1,863 1,741 1,324
Profit (loss), attributable to owners of parent (805) (611) (527)
South America [Member]      
Disclosure of operating segments [line items]      
Interest income (expense) (4,830) (5,589) (4,394)
Gross profit 5,363 5,405 4,331
Profit (loss) before tax 1,758 1,342 1,189
Profit (loss), attributable to owners of parent (726) (635) (601)
Rest of business [Member]      
Disclosure of operating segments [line items]      
Interest income (expense) (828) (742) (539)
Gross profit 1,807 1,472 1,113
Profit (loss) before tax 772 648 499
Profit (loss), attributable to owners of parent (627) (511) (403)
Corporate Center And Adjustments [Member]      
Disclosure of operating segments [line items]      
Interest income (expense) 469 495 336
Gross profit (678) (388) (999)
Profit (loss) before tax (1,440) (1,110) (1,777)
Profit (loss), attributable to owners of parent € 1,086 € 901 € 1,522
[1]
(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.