| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 5,040 | 4,777 | 5.505 | 5,186 | -2.815 |
| Gross Profit (Loss) | 2,824 | 2,554 | 10.571 | 2,874 | -1.739 |
| Operational Profit (Loss) | 988 | 850 | 16.235 | 1,068 | -7.49 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 880 | 767 | 14.732 | 953 | -7.66 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 855 | 763 | 12.057 | 959 | -10.844 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 19,963 | 18,637 | 7.114 |
| Profit (Loss) per Share | 1.15 | 1 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Mobily continued to grow its revenue, reaching SAR 5,040 million in Q1 2026 versus SAR 4,777 million in Q1 2025, representing a YoY growth of 5.5%. This growth is attributed to the increase across all revenue streams, coupled with a healthy growth in the overall subscriber base. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Mobily achieved a net profit of SAR 880 million for Q1 2026, compared to a SAR 767 million in Q1 2025, representing an increase of 14.7%, due to the following: Gross profit: Gross profit rose by 10.6% to reach SAR 2,824 million in Q1 2026 compared to SAR 2,554 million in Q1 2025, due to change in revenue mix. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): EBITDA increased to reach SAR 1,971 million in Q1 2026, compared to SAR 1,775 million in Q1 2025, representing a YoY growth of 11.1%, reflecting the increase in gross profit and the Company’s operational efficiency. EBITDA margin increased to reach 39.1% in Q1 2026 versus 37.1% in Q1 2025. Operating profit: Operating profit increased by 16.2% in Q1 2026, reaching SAR 988 million, compared to SAR 850 million in Q1 2025, due to EBITDA growth. Net other income & expenses: Net other expenses increased to SAR (83) million in Q1 2026, compared to SAR (63) million in Q1 2025, due to the decrease in the Company's share of profits from joint ventures, in addition to a decline in financing income. Zakat & Income tax expenses: Zakat & Income tax expenses also reached SAR 25 million in Q1 2026, compared to SAR 21 million in Q1 2025. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Mobily’s revenue amounted to SAR 5,040 million in Q1 2026, representing a 2.8% decrease compared to SAR 5,186 million in Q4 2025 as the previous quarter was affected by the seasonality nature of devices sales in the Consumer segment. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Mobily’s net profit reached SAR 880 million in Q1 2026, a decrease of 7.7% from SAR 953 million in Q4 2025, due to the following: Gross profit: Gross profit decreased by 1.7% in Q1 2026 to SAR 2,824 million from SAR 2,874 million in Q4 2025, mainly due to the decrease in revenue. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Mobily delivered EBITDA of SAR 1,971 million in Q1 2026, compared to SAR 2,060 million in Q4 2025, a decrease of 4.3%. The decrease in EBITDA primarily reflects the decrease in revenue. EBITDA margin reached 39.1% in Q1 2026 compared to 39.7% in Q4 2025. Operating profit: Operating profit decreased by 7.5% in Q1 2026, reaching SAR 988 million, compared to SAR 1,068 million in Q4 2025, due to the decrease in EBITDA. Net other income & expenses: Net other expenses decreased to SAR (83) million in Q1 2026, compared to SAR (94) million in Q4 2025, due to an increase in the Company’s share of profits from joint ventures, in addition to a decrease in financing costs. Zakat & Income tax expenses: Zakat & Income tax expenses amounted to SAR 25 million in Q1 2026, compared to SAR 20 million in the previous quarter. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | Mobily’s CAPEX for Q1 2026 amounted to SAR 404 million, compared to SAR 2,130 million in the previous quarter. By the end of Q1 2026 the total of 2,500,000 treasury shares had been set aside for the Company’s Long-Term Incentive Plan (Employee Share Program), which are not entitled to any cash dividends. Accordingly, the basic Earnings Per Share (EPS) was calculated using a weighted average of 767,500 thousand shares. For more information about the financial results, please refer to the “Earnings Release” attached to this announcement. Furthermore, the condensed consolidated interim financial statements for the period ended 31 March 2026, will be available through Mobily’s Investor Relations Website, and Mobily’s IR App on smartphones and tablets, after being published on the Saudi Exchange website. |
| Attached Documents | Attached Documents |
