Riyadh — Mubasher: Sport Clubs Company reported a net profit of SAR 40.89 million during the first nine months (9M) of 2026.
The net income represented a 53.77% surge from the SAR 26.59 million recorded during the same period of 2025, according to a bourse filing.
Revenue for the nine-month period rose by 17.20% to SAR 318.76 million, supported by a 19.60% year-on-year (YoY) growing membership base which reached 199,800 active members.
Operating profit for the nine-month period stood at SAR 68.61 million, increasing by 36.23% from SAR 50.37 million in January-September 2025.
Sport Clubs currently operates 63 clubs and has 17 additional sites under development, including 11 under construction and six in the design and licensing phase.
Earnings per share (EPS) for the period improved to SAR 0.357 in 9M-26 from SAR 0.249 a year earlier.
Furthermore, total shareholders’ equity reached SAR 306.50 million as of 30 September 2026.
In the third quarter (Q3) of 2026, Sport Clubs posted a net profit of SAR 22.69 million, which came 39.06% higher than SAR 16.32 million in the prior-year quarter.
Quarterly revenue climbed by 20.10% to SAR 126.26 million.
Meanwhile, the company attributed the revenue growth in Q3-26 to higher subscription revenues and increased demand for personal training and health services, bolstered by the opening of new clubs and the rebranding of existing facilities.
