Riyadh – Mubasher: Etihad Etisalat Company (Mobily) reported an annual jump of 11.52% in net profit for the first six months of 2026, reaching SAR 1.78 billion when compared to SAR 1.60 billion.
The company’s revenue rose to SAR 10.12 billion in the first half (H1) of 2026, versus SAR 9.61 billion in H1-25, supported by growth in all operational sectors and a larger subscriber base.
For the second quarter (Q2) of 2026, the telecom operator recorded a net profit of SAR 901 million, representing an 8.55% increase over the SAR 830 million achieved in the corresponding quarter of 2025.
Quarterly revenue grew by 5.22% to SAR 5.08 billion, while the operating profit jumped to SAR 978 million from SAR 891 million a year earlier
EBITDA rose by 7.7% to SAR 1.96 billion at the end of June 2026. The company noted that its EBITDA margin improved to 38.60% in the second quarter, compared to 37.80% in the prior-year period.
Total shareholders' equity, excluding non-controlling interests, stood at SAR 20.87 billion as of 30 June 2026, a 7.30% increase from SAR 19.45 billion.
Earnings per share (EPS) for H1-26 rose to SAR 2.32 from SAR 2.07. Capital expenditure for the six-month period was SAR 1.29 billion.
In Q1-26, the net profits attributable to the shareholders of Mobily hiked by 14.73% year-on-year (YoY) to SAR 880 million from SAR 767 million.
