Saudi telecom major stc, the fifth largest Saudi-listed company by market cap, reported a decline in net profit to SAR 14.83 billion in 2025, compared to SAR 24.69 billion a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 75,893.00 | 77,819.00 | 2.5 % |
| Gross Income | 37,326.00 | 37,700.00 | 1.0 % |
| Operating Income | 14,426.00 | 14,438.00 | 0.1 % |
| Net Income | 24,689.00 | 14,828.00 | (39.9 %) |
| Average Shares | 5,000.00 | 5,000.00 | - |
| Earnings Per Share before unusual items (Riyals) | 2.33 | 2.89 | 24.1 % |
| EPS (Riyal) | 4.94 | 2.97 | (39.9 %) |
The annual profit slump came despite a 2.5% increase in the 2025 revenue, primarily driven by a 3.4% rise in the consumer business unit’s revenue and a 10.8% hike in the carrier & wholesale unit’s revenue.
Further, the full-year gross profit, operating profit, and EBITDA recorded adjusted growth of 5.2%, 6.6%, and 6.1%, respectively.
The year-earlier comparison was impacted by a one-off gain of SAR 13.97 billion from discontinued operations related to stake sales in Telecommunication Towers Co. (TAWAL) and Digital Infrastructure for Investment Co., while other income improved to SAR 284 million from a loss of SAR 2.29 million.
The Q4 2025 net earnings also slumped 75.9% to SAR 3.25 billion, from SAR 13.45 billion a year ago.
On a sequential basis, the three-month net profit declined 20.9% from SAR 4.1 billion in Q3 2025.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 19,428.00 | 19,895.00 | 2.4 % |
| Gross Income | 9,423.00 | 9,792.00 | 3.9 % |
| Operating Income | 2,971.00 | 3,604.00 | 21.3 % |
| Net Income | 13,456.00 | 3,249.00 | (75.9 %) |
| Average Shares | 5,000.00 | 5,000.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.27 | 0.65 | 143.4 % |
| EPS (Riyal) | 2.69 | 0.65 | (75.9 %) |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 19,263.71 | 19,895.00 | 3.3 % |
| Gross Income | 9,250.51 | 9,792.00 | 5.9 % |
| Operating Income | 3,626.55 | 3,604.00 | (0.6 %) |
| Net Income | 4,106.94 | 3,249.00 | (20.9 %) |
| Average Shares | 5,000.00 | 5,000.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.73 | 0.65 | (10.6 %) |
| EPS (Riyal) | 0.82 | 0.65 | (20.9 %) |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| STC | 3,507.08 | 3,249.00 | |
| QACCO | 53.90 | 68.86 | |
| ETIHAD ETISALAT | 887.42 | 952.97 | |
| YC | 75.25 | 183.93 | |
| SOLUTIONS | 392.83 | 279.00 | |
| ACC | 47.93 | 55.44 | |
| TANMIAH | (27.50) | (22.40) | |
| TAMKEEN | 24.80 | 18.84 | |
| SULAIMAN ALHABIB | 614.93 | 651.16 | |
| ADVANCED | 32.10 | 0.87 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| STC | 3,507.08 | 3,249.00 | |
| QACCO | 53.90 | 68.86 | |
| ETIHAD ETISALAT | 887.42 | 952.97 | |
| YC | 75.25 | 183.93 | |
| SOLUTIONS | 392.83 | 279.00 | |
| ACC | 47.93 | 55.44 | |
| TANMIAH | (27.50) | (22.40) | |
| TAMKEEN | 24.80 | 18.84 | |
| SULAIMAN ALHABIB | 614.93 | 651.16 | |
| ADVANCED | 32.10 | 0.87 |
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