Etihad Etisalat Co. (Mobily) reported a net profit of SAR 2.51 billion for first nine months of 2025, an increase of 18% from SAR 2.12 billion in the prior-year period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 13,509.24 | 14,455.33 | 7.0 % |
| Gross Income | 7,248.91 | 7,867.36 | 8.5 % |
| Operating Income | 2,332.69 | 2,729.17 | 17.0 % |
| Net Income | 2,127.44 | 2,513.03 | 18.1 % |
| Average Shares | 770.00 | 770.00 | - |
| Earnings Per Share before unusual items (Riyals) | 2.58 | 3.20 | 23.9 % |
| EPS (Riyal) | 2.76 | 3.26 | 18.1 % |
Revenue increased by 7% year-on-year (YoY) to SAR 14.45 billion in 9M 2025, as all income streams witnessed growth and the overall subscriber base expanded.
Gross profit climbed 6.5% YoY to SAR 7.86 billion, mirroring the growth in revenue.
EBITDA rose 8.1% to SAR 5.56 billion from SAR 5.14 billion in 9M 2024, on higher revenue and operational efficiency. EBITDA margin reached 38.5% from 38.1% a year earlier.
Operational profit increased by 12.4% YoY to SAR 2.77 billion.
Net other expenses decreased to SAR 196.5 million, compared to SAR 252.7 million in a year earlier, due to the increase in the company’s share of profit from joint ventures, in addition to the increase in finance income.
Zakat & income tax for the current period amounted to SAR 70 million, compared to SAR 93 million last year.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 4,498.56 | 4,849.44 | 7.8 % |
| Gross Income | 2,426.00 | 2,690.57 | 10.9 % |
| Operating Income | 820.22 | 987.90 | 20.4 % |
| Net Income | 828.55 | 916.42 | 10.6 % |
| Average Shares | 770.00 | 770.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.89 | 1.13 | 25.8 % |
| EPS (Riyal) | 1.08 | 1.19 | 10.6 % |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 4,828.42 | 4,849.44 | 0.4 % |
| Gross Income | 2,622.50 | 2,690.57 | 2.6 % |
| Operating Income | 891.32 | 987.90 | 10.8 % |
| Net Income | 829.94 | 916.42 | 10.4 % |
| Average Shares | 770.00 | 770.00 | - |
| Earnings Per Share before unusual items (Riyal) | 1.08 | 1.13 | 4.4 % |
| EPS (Riyal) | 1.08 | 1.19 | 10.4 % |
Q3 2025 net profit surged 10.6% YoY to SAR 916 million, from SAR 828.55 million a year earlier, driven by higher revenue.
On a sequential basis, Q3 earnings grew 10.4% from SAR 829.94 million in Q2 2025.
Total shareholders’ equity, no minority interest, stood at SAR 19.28 billion by the end of 9M 2025, compared to SAR 17.89 billion in the year-earlier period.
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