Ataa 9M 2025/26 profit grows 11% to SAR 88.6M; Q3 at SAR 29.3M

Ataa Educational Co. posted a net profit of SAR 88.6 million for the nine-month period ending April 30, 2026, up 11% from SAR 79.7 million a year earlier.

The profit growth was attributed to a 3% year-on-year (YoY) increase in revenue from the education segment, driven by higher tuition fees at some of the company’s educational complexes.

However, revenue declined 1% YoY, due to the suspension of the training and recruitment segments' activities starting from the fiscal year on Aug. 1, 2025, despite a 3% increase in revenues from the education segment during the current period compared to the previous year. This increase was driven by higher tuition fees in some of the company’s educational complexes.

However, the positive impact of growth in education segment revenues (tuition fees) was partially offset by the revision of the methodology for recognizing educational service revenues (tuition fees), in line with the guidance issued by the Saudi Organization for Chartered and Professional Accountants (SOCPA).

Under the revised methodology, such revenues are recognized over the academic year period instead of the fiscal year. This methodology was also applied to the comparative figures for the relevant periods. Accordingly, revenues for the current period were recognized based on 262 academic days compared to 268 academic days for the corresponding period of the previous year, resulting from differences in the start dates of the academic year.

The third-quarter net profit increased by 35.8% to SAR 29.28 million from SAR 21.57 million in Q3 2024/25.

Sequentially, Q3 2025/26 earnings dropped 21.6% from SAR 37.36 million in Q2 2025/26.

Shareholders’ equity, after minority interest, reached SAR 821.44 million by the end of the nine-month period, compared to SAR 828.45 million a year earlier.

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