Mobily’s net profits jump 15% in Q1-26 initial results

ETIHAD ETISALAT
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Riyadh - Mubasher: The net profits attributable to the shareholders of Etihad Etisalat Company (Mobily) climbed by 14.73% to SAR 880 million in the first quarter (Q1) of 2026 from SAR 767 million in Q1-25.

The sales grew by 5.50% year-on-year (YoY) to SAR 5.04 billion in January-March 2026 from SAR 4.77 billion, according to interim consolidated financial results.

Mobily recorded an earnings per share (EPS) of SAR 1.15 in Q1-26, marking a rise from SAR 1 a year earlier.

Quarterly, the Q1-26 profits fell by 7.66% from SAR 953 million in October-December 2025, while the revenues declined by 2.81% from SAR 5.18 billion.

During the three-month period that ended on 31 March 2026, the company was recognized as the fastest-growing telecom brand in the Middle East for the sixth consecutive year, with its brand value hitting $3.50 billion.

The group ended 2025 with a solid performance, registering 11.55% year-on-year (YoY) higher profits at SAR 3.46 billion, while the revenues hit SAR 19.64 billion.

Source: Mubasher Source: {{details.article.source}}