Burgerizzr’s Q1 2026 profit leaps to SAR 5.7M

Shatirah House Restaurant Co. (Burgerizzr) reported a net profit of SAR 5.7 million for Q1 2026, up 202% from SAR 1.9 million in the corresponding period of 2025.

The company posted a 33.5% rise in revenue in Q1 2026, mainly backed by contributions from newly opened branches, in addition to higher same-store sales for the Burgerizzr brand.

The growth also reflected the consolidation of revenue from the newly acquired brand, Coffee Bean Trading Co. (SHOVEL), following the completion of its acquisition in Q4 2025.

Gross profit margin (GPM) jumped by SAR 12.4 million, or 51.9%, while gross margin improved from 30.6% in Q1 2025 to 34.8% in Q1 2026. The improvement was mainly attributed to lower food costs, enhanced operational efficiency, and the consolidation of results from the newly acquired SHOVEL’s business.

This came despite a SAR 5.5 million, or 39.6%, increase in selling expenses, primarily due to higher promotional and marketing activities, in addition to increased sales volumes through online channels and delivery applications. The increase also included the additional impact from consolidating SHOVEL’s results.

Administrative expenses rose by SAR 1.7 million, and financing costs (FCs) increased by SAR 825,000 during the quarter.

On a quarter-on-quarter basis, net profit jumped 43.3% from SAR 3.99 million in Q4 2025.

Shareholders’ equity, with no minority interest, stood at SAR 86.1 million at the end of March 31, 2026, compared to SAR 72.2 million as of March 2025.

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