Saudi Electricity Company
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Saudi Electricity Company (5110) investor relations material

Saudi Electricity Company Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary4 Mar, 2026

Executive summary

  • Launched new corporate identity as Saudi Energy, reflecting a broader strategic role and alignment with Vision 2030.

  • Achieved record revenues and EBITDA in 2025, driven by strong energy demand, grid modernization, and strategic investments.

  • Delivered uninterrupted supply, supporting national progress and Vision 2030 objectives.

  • Maintained robust financial position and investment-grade credit rating.

  • Expanded asset base and reinforced financial position through disciplined execution of integrated energy infrastructure investments.

Financial highlights

  • Revenues rose 15.3% year-on-year to SAR 102.22 billion, the highest on record.

  • Net profit increased 88.9% to SAR 12.98 billion; EPS at 0.96 after Mudaraba deduction.

  • EBITDA (excluding 2024 one-offs) increased 10.1% to SAR 41.55 billion.

  • Gross profit up 18.9% to SAR 20.8 billion; operating profit up 62.1% to SAR 19.1 billion.

  • Cash dividend of SAR 0.70 per share recommended, pending AGM approval.

Outlook and guidance

  • Sustained growth expected in transmission and distribution, with targets aligned to Vision 2030.

  • CAPEX guidance for 2026 set at SAR 70–75 billion, supporting future growth.

  • Infrastructure expansion planned through 2030, underpinning long-term growth visibility.

  • Continued focus on operational excellence, grid resilience, and financial sustainability.

  • Ongoing commitment to renewable energy integration and grid enhancements.

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