Mubadala (MUBADALA) H2 2025 earnings summary

Executive summary

• Revenue increased to AED 50,935 million in 2025 from AED 39,528 million in 2024, driven by acquisitions and new investments, notably CI Financial Corp. and Getir.

• Profit attributable to the Owner rose to AED 41,990 million, up from AED 37,376 million year-over-year.

• Total assets grew to AED 739,001 million, and total equity attributable to the Owner reached AED 413,862 million.

Financial highlights

• Investment income and income from equity accounted investees surged to AED 66,068 million from AED 39,867 million year-over-year.

• Gross profit doubled to AED 15,589 million from AED 7,765 million year-over-year.

• Total liabilities increased to AED 303,479 million from AED 211,742 million.

• Cash and cash equivalents at year-end were AED 36,192 million, up from AED 29,649 million.

Outlook and guidance

• The Group expects continued growth from recent acquisitions and investments, with significant third-party assets under management following the CI Financial Corp. acquisition.

• New IFRS standards are not expected to have a significant impact on future financial statements.