SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2026

2. SEC Identification Number

16342

3. BIR Tax Identification No.

000-169-020-000

4. Exact name of issuer as specified in its charter

SM Investments Corporation

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor, OneE-com Center, Harbour Drive, Mall of Asia Complex, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

0288570100

9. Former name or former address, and former fiscal year, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	1,209,186,100

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Common Shares - The Philippine Stock Exchange, Inc.

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

SM Investments CorporationSM

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2026
Currency (indicate units, if applicable)	Php (in Millions)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2026	Dec 31, 2025
Current Assets	351,426	361,402
Total Assets	1,844,826	1,811,801
Current Liabilities	311,640	337,254
Total Liabilities	844,593	856,166
Retained Earnings/(Deficit)	676,909	627,230
Stockholders' Equity	1,000,233	955,635
Stockholders' Equity - Parent	727,835	695,258
Book Value per Share	605.14	572.26

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	167,569	163,084	506,755	482,283
Gross Expense	127,179	125,045	385,795	368,689
Non-Operating Income	713	1,171	1,971	3,601
Non-Operating Expense	4,751	4,926	15,335	15,561
Income/(Loss) Before Tax	36,352	34,284	107,596	101,634
Income Tax Expense	4,616	4,282	13,501	12,844
Net Income/(Loss) After Tax	31,736	30,002	94,095	88,790
Net Income Attributable to Parent Equity Holder	24,355	21,826	70,211	64,391
Earnings/(Loss) Per Share (Basic)	20.17	17.89	57.99	52.73
Earnings/(Loss) Per Share (Diluted)	20.17	17.89	57.99	52.73

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	79.45	70.51
Earnings/(Loss) Per Share (Diluted)	79.45	70.51

Other Relevant Information
Operating Expense includes Cost of sales and services. Amounts in Millions Except Per Share Data.