Arabian Internet and Communication Services (7202) investor relations material

Executive summary

• Q3 2026 revenue was SAR 3,394,022 thousand and net profit was SAR 420,252 thousand; 9M revenue reached SAR 9,636,725 thousand and net profit SAR 1,248,083 thousand.

• 9M operating profit was SAR 1,394,968 thousand, while operating cash flow was SAR 466,103 thousand versus cash used of SAR 456,048 thousand in 9M 2025.

Financial highlights

• Q3 revenue was SAR 3,394,022 thousand vs SAR 3,097,600 thousand in 2025; 9M revenue was SAR 9,636,725 thousand vs SAR 8,823,029 thousand.

• Q3 net profit was SAR 420,252 thousand vs SAR 417,268 thousand; 9M net profit was SAR 1,248,083 thousand vs SAR 1,224,650 thousand.

• 9M operating profit was SAR 1,394,968 thousand vs SAR 1,279,272 thousand; gross profit was SAR 2,115,920 thousand vs SAR 1,978,903 thousand.

• 9M selling and distribution expenses included a SAR 63 million reversal of previously accrued stc trademark royalty expenses, following an agreement amendment and recalculation from 1 January 2022.

Segment performance

• 9M revenue: solutions by stc SAR 6,396,990 thousand; pulse by solutions SAR 2,355,925 thousand; upsource by solutions SAR 2,384,513 thousand; intergroup eliminations SAR 1,500,703 thousand.

• 9M gross profit: solutions by stc SAR 1,615,425 thousand vs SAR 1,644,597 thousand; pulse by solutions SAR 316,999 thousand vs SAR 198,819 thousand; upsource by solutions SAR 218,850 thousand vs SAR 179,680 thousand.

• Q3 gross profit was SAR 546,808 thousand for solutions by stc, SAR 129,791 thousand for pulse by solutions and SAR 81,197 thousand for upsource by solutions.