ADNOC LOGISTICS & SERVICES PLC

ADNOC Logistics & Services plc

ADNOCLSStocksAbu Dhabi Securities ExchangeTransportation

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	4.82B	4.65B	4.62B	4.34B	3.24B
Cost of Revenue	3.75B	3.63B	3.48B	3.50B	2.43B
Gross Profit	1.07B	1.02B	1.14B	0.84B	0.80B
SG&A	209.34M	159.17M	184.54M	206.18M	139.90M
Operating Expenses	290.67M	158.80M	170.28M	107.51M	116.53M
Operating Income	781.85M	861.24M	964.76M	734.46M	687.43M
Interest Income	12.10M	19.74M	17.16M	20.65M	13.23M
Interest Expense	-232.91M	-15.92M	-83.90M	-93.62M	-4.72M
Other Income/Expense	186.03M	-66.16M	-4.57M	-2.80M	-2.46M
Pretax Income	901.66M	841.50M	921.73M	720.54M	715.27M
Income Tax	49.76M	68.11M	55.42M	42.64M	54.75M
Net Income	822.20M	754.54M	840.39M	663.11M	660.52M
EBITDA	1.18B	1.25B	1.33B	1.08B	0.96B
EBIT	781.85M	861.24M	964.76M	734.46M	687.43M
EPS (Basic)	0.03	0.03	0.03	0.02	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.02
Margins & Efficiency
Gross Margin %	+22.3%	+21.9%	+24.6%	+19.4%	+24.8%
EBITDA Margin %	+24.5%	+26.9%	+28.8%	+24.8%	+29.8%
Net Margin %	+17.1%	+16.2%	+18.2%	+15.3%	+20.4%
Revenue & Income
Revenue	1.31B	1.27B	1.26B	1.18B	0.88B
Revenue Growth (YoY)	+48.8%	+36.3%	+39.8%	+40.6%	+6.4%
Interest & Investment Income	3.29M	5.37M	4.67M	5.62M	3.60M
Earnings From Equity Investments	9.92M	11.60M	7.70M	8.18M	4.26M
Gain (Loss) on Sale of Assets	11.38M	—	—	—	1.68M
Gain (Loss) on Sale of Investments	2.92M	—	—	-3.40M	—
Expenses & Provisions
Cost of Revenue	1.02B	0.99B	0.95B	0.95B	0.66B
Selling, General & Admin	56.99M	43.33M	50.24M	56.13M	38.09M
Operating Expenses	79.13M	43.23M	46.36M	29.27M	31.72M
Other Operating Expenses	18.24M	-2.80M	-5.18M	-28.55M	-3.76M
Interest Expense	-63.41M	-4.33M	-22.84M	-25.49M	-1.29M
Other Non Operating Income (Expenses)	50.64M	-18.01M	-1.24M	-0.76M	-0.67M
D&A For EBITDA	108.74M	106.42M	99.00M	93.55M	75.48M
Profitability & Returns
Gross Profit	291.98M	277.69M	309.00M	229.21M	218.86M
Gross Margin	+22.3%	+21.9%	+24.6%	+19.4%	+24.8%
EBIT	212.85M	234.46M	262.64M	199.95M	187.14M
EBIT Margin	+16.2%	+18.5%	+20.9%	+16.9%	+21.2%
EBITDA	321.59M	340.88M	361.64M	293.50M	262.62M
EBITDA Margin	+24.5%	+26.9%	+28.8%	+24.8%	+29.8%
EBT Excluding Unusual Items	213.30M	229.08M	250.93M	187.50M	193.04M
Pretax Income	245.46M	229.08M	250.93M	196.16M	194.72M
Operating Income	212.85M	234.46M	262.64M	199.95M	187.14M
Operating Margin	+16.2%	+18.5%	+20.9%	+16.9%	+21.2%
Profit Margin	+17.1%	+16.2%	+18.2%	+15.3%	+20.4%
Net Income	223.83M	205.41M	228.78M	180.52M	179.82M
Net Income to Common	223.83M	205.41M	228.78M	180.52M	179.82M
Net Income Growth	+24.5%	+17.4%	+10.2%	-6.8%	+8.9%
Earnings From Continuing Ops.	231.92M	210.54M	235.84M	184.55M	179.82M
Minority Interest in Earnings	-8.09M	-5.13M	-7.06M	-4.03M	—
Income Tax Expense	13.55M	18.54M	15.09M	11.61M	14.90M
Effective Tax Rate	+5.5%	+8.1%	+6.0%	+5.9%	+7.7%
Per Share & Capital
EPS (Basic)	0.03	0.03	0.03	0.02	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.02
EPS Growth	+24.6%	+17.5%	+10.2%	-6.8%	+8.9%
Dividend Per Share	—	0.01	0.02	—	0.02
Shares Change (YoY)	-0	-0	-0	—	—
Shares Outstanding (Basic)	7.39B	7.39B	7.39B	7.40B	7.40B
Shares Outstanding (Diluted)	7.39B	7.39B	7.39B	7.40B	7.40B
Dividend Growth	—	+1,097,100.0%	+19.0%	—	+5.1%
Free Cash Flow	-23.82M	17.03M	76.08M	194.91M	-150.19M
Free Cash Flow Margin	-1.8%	+1.3%	+6.1%	+16.5%	-17.0%
Free Cash Flow Per Share	-0.00	0.00	0.01	0.03	-0.02
Payout Ratio	+108.9%	—	+59.7%	—	+75.9%
Supplemental
Other Unusual Items	17.86M	—	—	12.06M	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	4.82B	4.65B	4.62B	4.34B	3.24B
Cost of Revenue	3.75B	3.63B	3.48B	3.50B	2.43B
Gross Profit	1.07B	1.02B	1.14B	0.84B	0.80B
SG&A	209.34M	159.17M	184.54M	206.18M	139.90M
Operating Expenses	290.67M	158.80M	170.28M	107.51M	116.53M
Operating Income	781.85M	861.24M	964.76M	734.46M	687.43M
Interest Income	12.10M	19.74M	17.16M	20.65M	13.23M
Interest Expense	-232.91M	-15.92M	-83.90M	-93.62M	-4.72M
Other Income/Expense	186.03M	-66.16M	-4.57M	-2.80M	-2.46M
Pretax Income	901.66M	841.50M	921.73M	720.54M	715.27M
Income Tax	49.76M	68.11M	55.42M	42.64M	54.75M
Net Income	822.20M	754.54M	840.39M	663.11M	660.52M
EBITDA	1.18B	1.25B	1.33B	1.08B	0.96B
EBIT	781.85M	861.24M	964.76M	734.46M	687.43M
EPS (Basic)	0.03	0.03	0.03	0.02	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.02
Margins & Efficiency
Gross Margin %	+22.3%	+21.9%	+24.6%	+19.4%	+24.8%
EBITDA Margin %	+24.5%	+26.9%	+28.8%	+24.8%	+29.8%
Net Margin %	+17.1%	+16.2%	+18.2%	+15.3%	+20.4%
Revenue & Income
Revenue	1.31B	1.27B	1.26B	1.18B	0.88B
Revenue Growth (YoY)	+48.8%	+36.3%	+39.8%	+40.6%	+6.4%
Interest & Investment Income	3.29M	5.37M	4.67M	5.62M	3.60M
Earnings From Equity Investments	9.92M	11.60M	7.70M	8.18M	4.26M
Gain (Loss) on Sale of Assets	11.38M	—	—	—	1.68M
Gain (Loss) on Sale of Investments	2.92M	—	—	-3.40M	—
Expenses & Provisions
Cost of Revenue	1.02B	0.99B	0.95B	0.95B	0.66B
Selling, General & Admin	56.99M	43.33M	50.24M	56.13M	38.09M
Operating Expenses	79.13M	43.23M	46.36M	29.27M	31.72M
Other Operating Expenses	18.24M	-2.80M	-5.18M	-28.55M	-3.76M
Interest Expense	-63.41M	-4.33M	-22.84M	-25.49M	-1.29M
Other Non Operating Income (Expenses)	50.64M	-18.01M	-1.24M	-0.76M	-0.67M
D&A For EBITDA	108.74M	106.42M	99.00M	93.55M	75.48M
Profitability & Returns
Gross Profit	291.98M	277.69M	309.00M	229.21M	218.86M
Gross Margin	+22.3%	+21.9%	+24.6%	+19.4%	+24.8%
EBIT	212.85M	234.46M	262.64M	199.95M	187.14M
EBIT Margin	+16.2%	+18.5%	+20.9%	+16.9%	+21.2%
EBITDA	321.59M	340.88M	361.64M	293.50M	262.62M
EBITDA Margin	+24.5%	+26.9%	+28.8%	+24.8%	+29.8%
EBT Excluding Unusual Items	213.30M	229.08M	250.93M	187.50M	193.04M
Pretax Income	245.46M	229.08M	250.93M	196.16M	194.72M
Operating Income	212.85M	234.46M	262.64M	199.95M	187.14M
Operating Margin	+16.2%	+18.5%	+20.9%	+16.9%	+21.2%
Profit Margin	+17.1%	+16.2%	+18.2%	+15.3%	+20.4%
Net Income	223.83M	205.41M	228.78M	180.52M	179.82M
Net Income to Common	223.83M	205.41M	228.78M	180.52M	179.82M
Net Income Growth	+24.5%	+17.4%	+10.2%	-6.8%	+8.9%
Earnings From Continuing Ops.	231.92M	210.54M	235.84M	184.55M	179.82M
Minority Interest in Earnings	-8.09M	-5.13M	-7.06M	-4.03M	—
Income Tax Expense	13.55M	18.54M	15.09M	11.61M	14.90M
Effective Tax Rate	+5.5%	+8.1%	+6.0%	+5.9%	+7.7%
Per Share & Capital
EPS (Basic)	0.03	0.03	0.03	0.02	0.02
EPS (Diluted)	0.03	0.03	0.03	0.02	0.02
EPS Growth	+24.6%	+17.5%	+10.2%	-6.8%	+8.9%
Dividend Per Share	—	0.01	0.02	—	0.02
Shares Change (YoY)	-0	-0	-0	—	—
Shares Outstanding (Basic)	7.39B	7.39B	7.39B	7.40B	7.40B
Shares Outstanding (Diluted)	7.39B	7.39B	7.39B	7.40B	7.40B
Dividend Growth	—	+1,097,100.0%	+19.0%	—	+5.1%
Free Cash Flow	-23.82M	17.03M	76.08M	194.91M	-150.19M
Free Cash Flow Margin	-1.8%	+1.3%	+6.1%	+16.5%	-17.0%
Free Cash Flow Per Share	-0.00	0.00	0.01	0.03	-0.02
Payout Ratio	+108.9%	—	+59.7%	—	+75.9%
Supplemental
Other Unusual Items	17.86M	—	—	12.06M	—