Industries Qatar

Industries of Qatar Co.

IQCDStocksQatar Stock ExchangeMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	15.98B	12.65B	11.74B	18.79B	14.17B
Cost of Revenue	12.18B	9.87B	9.22B	12.67B	8.16B
Gross Profit	3.80B	2.78B	2.53B	6.12B	6.00B
SG&A	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Expenses	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Income	2.86B	1.93B	1.71B	5.37B	5.23B
Interest Income	432.25M	708.64M	832.08M	476.47M	229.28M
Interest Expense	-60.82M	-29.86M	-28.53M	-23.65M	-25.35M
Other Income/Expense	76.14M	201.96M	-62.95M	52.62M	69.19M
Pretax Income	4.35B	4.77B	4.72B	8.82B	8.09B
Income Tax	26.70M	37.96M	1.65M	0.79M	0.67M
Net Income	4.30B	4.67B	4.72B	8.81B	8.09B
EBITDA	4.59B	3.49B	3.17B	6.84B	6.65B
EBIT	2.86B	1.93B	1.71B	5.37B	5.23B
EPS (Basic)	0.71	0.77	0.78	1.46	1.34
EPS (Diluted)	0.71	0.77	0.78	1.46	1.34
DPS	0.71	0.74	0.78	1.10	1.00
Margins & Efficiency
Gross Margin %	+23.8%	+22.0%	+21.5%	+32.6%	+42.4%
EBITDA Margin %	+28.7%	+27.6%	+27.0%	+36.4%	+46.9%
Net Margin %	+26.9%	+36.9%	+40.2%	+46.9%	+57.1%
Revenue & Income
Revenue	15.98B	12.65B	11.74B	18.79B	14.17B
Revenue Growth (YoY)	+26.3%	+7.7%	-37.5%	+32.6%	+91.5%
Interest & Investment Income	432.25M	708.64M	832.08M	476.47M	229.28M
Earnings From Equity Investments	0.81B	1.61B	1.64B	2.89B	2.58B
Gain (Loss) on Sale of Investments	4.58M	126.79M	83.96M	48.61M	0.14M
Expenses & Provisions
Advertising Expenses	—	—	—	140.00K	180.00K
Cost of Revenue	12.18B	9.87B	9.22B	12.67B	8.16B
Selling, General & Admin	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Expenses	939.21M	850.73M	818.37M	748.16M	771.45M
Interest Expense	-60.82M	-29.86M	-28.53M	-23.65M	-25.35M
Other Non Operating Income (Expenses)	76.14M	201.96M	-62.95M	52.62M	69.19M
Merger & Restructuring Charges	—	—	-930.00K	—	—
Asset Writedown	222.00M	—	550.00M	—	—
D&A For EBITDA	1.73B	1.56B	1.46B	1.47B	1.41B
Profitability & Returns
Gross Profit	3.80B	2.78B	2.53B	6.12B	6.00B
Gross Margin	+23.8%	+22.0%	+21.5%	+32.6%	+42.4%
EBIT	2.86B	1.93B	1.71B	5.37B	5.23B
EBIT Margin	+17.9%	+15.2%	+14.6%	+28.6%	+36.9%
EBITDA	4.59B	3.49B	3.17B	6.84B	6.65B
EBITDA Margin	+28.7%	+27.6%	+27.0%	+36.4%	+46.9%
EBT Excluding Unusual Items	4.12B	4.41B	4.09B	8.77B	8.09B
Pretax Income	4.35B	4.77B	4.72B	8.82B	8.09B
Operating Income	2.86B	1.93B	1.71B	5.37B	5.23B
Operating Margin	+17.9%	+15.2%	+14.6%	+28.6%	+36.9%
Profit Margin	+26.9%	+36.9%	+40.2%	+46.9%	+57.1%
Net Income	4.30B	4.67B	4.72B	8.81B	8.09B
Net Income to Common	4.30B	4.67B	4.72B	8.81B	8.09B
Net Income Growth	-7.8%	-1.2%	-46.5%	+9.0%	+346.8%
Earnings From Continuing Ops.	4.32B	4.73B	4.72B	8.82B	8.09B
Minority Interest in Earnings	-23.44M	-62.07M	-2.65M	-0.71M	-1.12M
Income Tax Expense	26.70M	37.96M	1.65M	0.79M	0.67M
Effective Tax Rate	+0.6%	+0.8%	0.0%	0.0%	0.0%
Per Share & Capital
EPS (Basic)	0.71	0.77	0.78	1.46	1.34
EPS (Diluted)	0.71	0.77	0.78	1.46	1.34
EPS Growth	-7.8%	-1.2%	-46.5%	+9.0%	+346.8%
Dividend Per Share	0.71	0.74	0.78	1.10	1.00
Shares Outstanding (Basic)	6.05B	6.05B	6.05B	6.05B	6.05B
Shares Outstanding (Diluted)	6.05B	6.05B	6.05B	6.05B	6.05B
Dividend Growth	-4.1%	-5.1%	-29.1%	+10.0%	+203.0%
Free Cash Flow	1.70B	1.05B	2.02B	6.22B	4.68B
Free Cash Flow Margin	+10.7%	+8.3%	+17.2%	+33.1%	+33.0%
Free Cash Flow Per Share	0.28	0.17	0.33	1.03	0.77
Payout Ratio	+97.3%	+141.7%	+141.0%	+68.6%	+24.7%
Supplemental
Other Unusual Items	—	225.76M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	15.98B	12.65B	11.74B	18.79B	14.17B
Cost of Revenue	12.18B	9.87B	9.22B	12.67B	8.16B
Gross Profit	3.80B	2.78B	2.53B	6.12B	6.00B
SG&A	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Expenses	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Income	2.86B	1.93B	1.71B	5.37B	5.23B
Interest Income	432.25M	708.64M	832.08M	476.47M	229.28M
Interest Expense	-60.82M	-29.86M	-28.53M	-23.65M	-25.35M
Other Income/Expense	76.14M	201.96M	-62.95M	52.62M	69.19M
Pretax Income	4.35B	4.77B	4.72B	8.82B	8.09B
Income Tax	26.70M	37.96M	1.65M	0.79M	0.67M
Net Income	4.30B	4.67B	4.72B	8.81B	8.09B
EBITDA	4.59B	3.49B	3.17B	6.84B	6.65B
EBIT	2.86B	1.93B	1.71B	5.37B	5.23B
EPS (Basic)	0.71	0.77	0.78	1.46	1.34
EPS (Diluted)	0.71	0.77	0.78	1.46	1.34
DPS	0.71	0.74	0.78	1.10	1.00
Margins & Efficiency
Gross Margin %	+23.8%	+22.0%	+21.5%	+32.6%	+42.4%
EBITDA Margin %	+28.7%	+27.6%	+27.0%	+36.4%	+46.9%
Net Margin %	+26.9%	+36.9%	+40.2%	+46.9%	+57.1%
Revenue & Income
Revenue	15.98B	12.65B	11.74B	18.79B	14.17B
Revenue Growth (YoY)	+26.3%	+7.7%	-37.5%	+32.6%	+91.5%
Interest & Investment Income	432.25M	708.64M	832.08M	476.47M	229.28M
Earnings From Equity Investments	0.81B	1.61B	1.64B	2.89B	2.58B
Gain (Loss) on Sale of Investments	4.58M	126.79M	83.96M	48.61M	0.14M
Expenses & Provisions
Advertising Expenses	—	—	—	140.00K	180.00K
Cost of Revenue	12.18B	9.87B	9.22B	12.67B	8.16B
Selling, General & Admin	939.21M	850.73M	818.37M	748.16M	771.45M
Operating Expenses	939.21M	850.73M	818.37M	748.16M	771.45M
Interest Expense	-60.82M	-29.86M	-28.53M	-23.65M	-25.35M
Other Non Operating Income (Expenses)	76.14M	201.96M	-62.95M	52.62M	69.19M
Merger & Restructuring Charges	—	—	-930.00K	—	—
Asset Writedown	222.00M	—	550.00M	—	—
D&A For EBITDA	1.73B	1.56B	1.46B	1.47B	1.41B
Profitability & Returns
Gross Profit	3.80B	2.78B	2.53B	6.12B	6.00B
Gross Margin	+23.8%	+22.0%	+21.5%	+32.6%	+42.4%
EBIT	2.86B	1.93B	1.71B	5.37B	5.23B
EBIT Margin	+17.9%	+15.2%	+14.6%	+28.6%	+36.9%
EBITDA	4.59B	3.49B	3.17B	6.84B	6.65B
EBITDA Margin	+28.7%	+27.6%	+27.0%	+36.4%	+46.9%
EBT Excluding Unusual Items	4.12B	4.41B	4.09B	8.77B	8.09B
Pretax Income	4.35B	4.77B	4.72B	8.82B	8.09B
Operating Income	2.86B	1.93B	1.71B	5.37B	5.23B
Operating Margin	+17.9%	+15.2%	+14.6%	+28.6%	+36.9%
Profit Margin	+26.9%	+36.9%	+40.2%	+46.9%	+57.1%
Net Income	4.30B	4.67B	4.72B	8.81B	8.09B
Net Income to Common	4.30B	4.67B	4.72B	8.81B	8.09B
Net Income Growth	-7.8%	-1.2%	-46.5%	+9.0%	+346.8%
Earnings From Continuing Ops.	4.32B	4.73B	4.72B	8.82B	8.09B
Minority Interest in Earnings	-23.44M	-62.07M	-2.65M	-0.71M	-1.12M
Income Tax Expense	26.70M	37.96M	1.65M	0.79M	0.67M
Effective Tax Rate	+0.6%	+0.8%	0.0%	0.0%	0.0%
Per Share & Capital
EPS (Basic)	0.71	0.77	0.78	1.46	1.34
EPS (Diluted)	0.71	0.77	0.78	1.46	1.34
EPS Growth	-7.8%	-1.2%	-46.5%	+9.0%	+346.8%
Dividend Per Share	0.71	0.74	0.78	1.10	1.00
Shares Outstanding (Basic)	6.05B	6.05B	6.05B	6.05B	6.05B
Shares Outstanding (Diluted)	6.05B	6.05B	6.05B	6.05B	6.05B
Dividend Growth	-4.1%	-5.1%	-29.1%	+10.0%	+203.0%
Free Cash Flow	1.70B	1.05B	2.02B	6.22B	4.68B
Free Cash Flow Margin	+10.7%	+8.3%	+17.2%	+33.1%	+33.0%
Free Cash Flow Per Share	0.28	0.17	0.33	1.03	0.77
Payout Ratio	+97.3%	+141.7%	+141.0%	+68.6%	+24.7%
Supplemental
Other Unusual Items	—	225.76M	—	—	—