Financial Results : Saudi Networkers profit up 2% to SAR 31.3M in 2025; H2 at SAR 10.7M

Saudi Networkers profit up 2% to SAR 31.3M in 2025; H2 at SAR 10.7M

30/03/2026 Argaam Exclusive

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Saudi Networkers Services Co. (SNS) reported an increase of 2% in 2025 net profit to SAR 31.3 million from SAR 30.8 million a year earlier.



Financials (M)

Item 2024 2025 Change‬
Revenues 571.06 591.78 3.6 %
Gross Income 78.23 71.10 (9.1 %)
Operating Income 40.54 34.56 (14.7 %)
Net Income 30.84 31.32 1.5 %
Average Shares 7.50 7.50 -
Earnings Per Share before unusual items (Riyals) 4.11 4.18 1.5 %
EPS (Riyal) 4.11 4.18 1.5 %

The profit rise year-on-year (YoY) was backed by a 3.63% increase in revenue to SAR 591.78 million, compared to SAR 571.06 million a year earlier, amid higher business activity with current customers and the addition of new customers.

 

This came despite a 9.11% decline in gross profit to SAR 71.1 million, from SAR 78.23 million a year earlier. Operating profit was also down 14.74% to SAR 34.56 million, from SAR 40.54 million in 2024.

 

In H2 2025, the company’s net earnings fell 3.5% to SAR 10.72 million from SAR 11.11 million in the second half of 2024.

 

Sequentially, net earnings slumped 48% from SAR 20.6 million in H1 2025.



Current Half Annual Comparison (M)

Compared With The
Item H2 2024 H2 2025 Change‬
Revenues 288.85 294.53 2.0 %
Gross Income 40.53 30.98 (23.6 %)
Operating Income 17.72 12.89 (27.2 %)
Net Income 11.11 10.72 (3.5 %)
Average Shares 7.50 7.50 -
Earnings Per Share before unusual items (Riyal) 1.48 1.43 (3.5 %)
EPS (Riyal) 1.48 1.43 (3.5 %)

Shareholders’ equity, after minority interest, reached SAR 112.61 million as of Dec. 31, 2025, up from SAR 104.2 million a year earlier.

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