stc group introduced its interim monetary outcomes for the interval ended 30 September 2026, delivering progress in income and working revenue throughout the first 9 months of the 12 months. The efficiency was supported by the power of its core enterprise and accelerating progress throughout its subsidiaries, whereas third-quarter web revenue exceeded common analyst expectations.
•The group’s nine-month income elevated by 3.7% 12 months on 12 months to SAR 60,096 million.
•9-month gross revenue elevated by 5.2% 12 months on 12 months to SAR 29,362 million.
•9-month working revenue rose by 4.1% 12 months on 12 months to SAR 11,282 million.
•Earnings earlier than curiosity, taxes, zakat, depreciation and amortisation (EBITDA) elevated by 3.5% to SAR 19,150 million throughout the nine-month interval.
•9-month web revenue amounted to SAR 10,918 million, representing progress of two.6% after excluding non-recurring objects in each the present and corresponding prior-year durations.
•Subsidiaries’ income grew by 9.0% throughout the nine-month interval, with third-quarter progress accelerating to 18.5% 12 months on 12 months.
•The group introduced a dividend of SAR 0.55 per share for the third quarter of 2026, consistent with the dividend coverage accredited by the Common Meeting, bringing whole dividends to shareholders for the primary 9 months to SAR 8.2 billion.
Commenting on the outcomes, Eng. Olayan Mohammed Alwetaid, stc Group CEO, highlighted the group’s robust outcomes throughout the first 9 months of 2026 because it continued to execute its technique to strengthen its core telecommunications and digital companies and increase into promising progress areas, reaffirming its dedication to creating shareholder worth.
Eng. Olayan Mohammed Alwetaid stated: “stc’s monetary efficiency was underpinned by robust income progress of three.7% 12 months on 12 months throughout the nine-month interval, pushed by progress in its telecommunications enterprise in Saudi Arabia and accelerating progress throughout its subsidiaries. Industrial unit income elevated by 2.0%, Carriers and Wholesale unit income rose by 5.1%, and subsidiaries’ income grew by 9.0%.”
The development within the group’s efficiency displays the diversification of its investments and revenue streams, alongside larger integration throughout its telecommunications and digital companies, supporting sustainable progress. Accelerating progress throughout its subsidiaries additionally strengthens their function in increasing the group’s enterprise and capturing alternatives in promising markets and sectors.
Operationally, stc group continued to develop its buyer base and increase its infrastructure. Cellular and fixed-line subscriptions in Saudi Arabia elevated by 4.8% and 4.0% 12 months on 12 months, reaching 30.6 million and 6.2 million, respectively. The variety of properties related to its fibre community rose by 7.0% to three.95 million, whereas the variety of 5G towers elevated by 31.5% to 12,38K
Throughout LEAP 2026, the group strengthened its collaboration with main native and worldwide firms by agreements and partnerships to increase 5G networks, develop community capabilities, improve information centre connectivity, and increase cloud computing and digital providers. These initiatives assist the diversification of its enterprise and strengthen its potential to serve a number of sectors.
As a part of its efforts to use its digital infrastructure capabilities to assist very important sectors, the group launched a brand new net-zero-carbon answer for 5G Superior community websites, serving to enhance community effectivity and capability whereas lowering vitality consumption. It additionally supported the Ministry of Defence’s Well being Companies in performing the primary distant robotic surgical procedure between two of its healthcare services in Riyadh and Dhahran.
stc group continues to develop its companies and operational and funding capabilities, strengthening its competitiveness and contributing to Saudi Arabia’s digital future, whereas supporting the event of the regional markets during which it operates and creating sustainable shareholder worth.
