Financial Results : Jarir Q1 2026 net profit rises 17% to SAR 253.5M

Jarir Q1 2026 net profit rises 17% to SAR 253.5M

16/04/2026 Argaam Exclusive

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Jarir Marketing Co. reported a net profit of SAR 253.5 million in Q1 2026, an increase of 17% compared to SAR 217.3 million in Q1 2025.



Current Quarter Comparison (M)

Compared With The
Item Q1 2025 Q1 2026 Change‬
Revenues 2,656.70 3,038.50 14.4 %
Gross Income 302.67 341.70 12.9 %
Operating Income 235.70 268.60 14.0 %
Net Income 217.29 253.50 16.7 %
Average Shares 1,200.00 1,200.00 -
Earnings Per Share before unusual items (Riyal) 0.18 0.21 16.7 %
EPS (Riyal) 0.18 0.21 16.7 %

Higher sales across departments, mainly smartphones, pushed up total revenue by 14%.

 

 

Meanwhile, selling, marketing, general and administrative expenses rose, along with non-operating expenses.

 

On a sequential basis, net profit dropped 18.2% from SAR 309.81 million in Q4 2025, due to lower sales.

 

Total shareholders’ equity, no minority interest, stood at SAR 1.70 billion as of March 31, 2026, compared to SAR 1.68 billion a year earlier.

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