Riyadh – Mubasher: Etihad Etisalat Company (Mobily) generated net profits valued at SAR 2.71 billion in the first nine months (9M) of 2026, an annual rise of 7.68% from SAR 2.51 billion.

Total revenues amounted to SAR 15.19 billion, up 5.07% from SAR 14.46 billion, supported by growth across all business segments and a larger subscriber base.

Earnings per share (EPS) climbed to SAR 3.53 in 9M-26 from SAR 3.27 in the previous year.

Total shareholders' equity stood at SAR 20.74 billion as of 30 September 2026.

For the third quarter (Q3) of 2026, the telecom operator posted 0.98% higher net profits at SAR 925 million when compared to SAR 916 million in Q3-25.

Quarterly revenue climbed by 4.52% year-on-year (YoY) to SAR 5.07 billion, primarily driven by the consumer and wholesale segments. However, operating profit for the quarter declined by 3.28% to SAR 1 billion due to higher depreciation and amortization expenses.

The company’s EBITDA for the first nine months grew by 6.60% to SAR 5.94 billion, with an EBITDA margin of 39.1%.

Capital expenditure for the nine-month period was recorded at SAR 2.02 billion, down from SAR 3.63 billion a year earlier.

The group’s net profits jumped by 11.52% YoY to SAR 1.78 billion in the January-June 2026 period, compared to SAR 1.60 billion.