Presight AI (PRESIGHT) Q3 2026 earnings summary

Executive summary

• Q3 revenue was AED 749.196m, up 14.7% YoY, and profit after tax rose 31%; 9M revenue and profit after tax increased 23.6% and 23.5%, respectively.

• AED 4.4bn backlog, multi-year contracts and disciplined execution support FY 2026 delivery within guidance.

Financial highlights

• 9M 2026 revenue was AED 2,151.425m, EBITDA AED 471m and profit after tax AED 395.152m, up 23.6%, 24.8% and 23.5% YoY.

• Q3 EBITDA increased 27.7% YoY; gross margin expanded 218 bps to 39.7%, EBITDA margin 228 bps to 22.5% and net margin 239 bps to 19.3%.

• 9M two-year CAGRs were 32.3% for revenue, 35.6% for EBITDA and 21.5% for profit after tax; the latter uses a 9% like-for-like tax rate.

• 9M gross profit was AED 767.968m and profit before tax AED 463.363m.

Outlook and guidance

• FY 2026 revenue is expected near the midpoint of analyst expectations, with EBITDA and profit after tax in the mid-to-upper range; analyst ranges are AED 3,704m–3,878m, AED 944m–1,008m and AED 785m–842m, respectively.

• FY 2025–2029 organic growth guidance is 20%–25% for revenue, 23%–28% for EBITDA and 21%–26% for profit after tax; over 90% of forecast revenue growth is expected from multi-year contracts.

• International pipeline conversion is expected to accelerate in Q4; deployments are expected in Central Asia and Africa, and international revenue is expected to reach ~50% over the medium term.

• Historical Q4 seasonality supports the outlook; required Q4 EBITDA and profit-after-tax contributions are below their three-year averages.

• Medium-term EBITDA and profit-after-tax growth are expected to outpace revenue, supported by software mix, operating leverage and efficiency gains; guidance excludes M&A and assumes a 15% effective tax rate.