Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	20.77B	17.29B	11.68B	5.50B	3.91B
Cost of Revenue	15.14B	12.34B	8.57B	2.87B	2.01B
Gross Profit	5.63B	4.94B	3.10B	2.63B	1.90B
SG&A	2.50B	2.18B	1.48B	1.07B	0.75B
Operating Expenses	2.72B	2.37B	1.56B	1.21B	0.77B
Operating Income	2.91B	2.57B	1.54B	1.42B	1.13B
Interest Income	191.86M	311.61M	31.24M	15.12M	0.63M
Interest Expense	-1.04B	-1.01B	-0.66B	-0.38B	-0.32B
Other Income/Expense	32.42M	62.16M	97.65M	-8.27M	-8.15M
Pretax Income	2.27B	2.04B	1.41B	1.29B	0.85B
Income Tax	203.06M	264.06M	50.47M	2.01M	—
Net Income	1.57B	1.33B	1.07B	1.25B	0.85B
EBITDA	4.53B	4.01B	2.56B	2.27B	1.64B
EBIT	2.91B	2.57B	1.54B	1.42B	1.13B
EPS (Basic)	0.32	0.27	0.21	0.25	0.22
EPS (Diluted)	0.32	0.27	0.21	0.25	0.22
Margins & Efficiency
Gross Margin %	+27.1%	+28.6%	+26.6%	+47.9%	+48.6%
EBITDA Margin %	+21.8%	+23.2%	+22.0%	+41.2%	+42.0%
Net Margin %	+7.5%	+7.7%	+9.2%	+22.7%	+21.6%
Revenue & Income
Revenue	20.77B	17.29B	11.68B	5.50B	3.91B
Revenue Growth (YoY)	+20.1%	+48.0%	+112.4%	+40.6%	+14.2%
Interest & Investment Income	191.86M	311.61M	31.24M	15.12M	0.63M
Earnings From Equity Investments	92.60M	110.59M	144.45M	164.84M	29.25M
Gain (Loss) on Sale of Assets	9.38M	-4.57M	-1.38M	74.97M	-7.15M
Gain (Loss) on Sale of Investments	6.97M	-2.79M	-104.16M	—	—
Expenses & Provisions
Cost of Revenue	15.14B	12.34B	8.57B	2.87B	2.01B
Selling, General & Admin	2.50B	2.18B	1.48B	1.07B	0.75B
Operating Expenses	2.72B	2.37B	1.56B	1.21B	0.77B
Interest Expense	-1.04B	-1.01B	-0.66B	-0.38B	-0.32B
Other Non Operating Income (Expenses)	32.42M	62.16M	97.65M	-8.27M	-8.15M
Merger & Restructuring Charges	—	—	-1.20M	-1.90M	-0.80M
Asset Writedown	39.99M	—	363.50M	-4.55M	25.81M
D&A For EBITDA	1.62B	1.44B	1.02B	0.84B	0.51B
Profitability & Returns
Gross Profit	5.63B	4.94B	3.10B	2.63B	1.90B
Gross Margin	+27.1%	+28.6%	+26.6%	+47.9%	+48.6%
EBIT	2.91B	2.57B	1.54B	1.42B	1.13B
EBIT Margin	+14.0%	+14.9%	+13.2%	+25.9%	+28.9%
EBITDA	4.53B	4.01B	2.56B	2.27B	1.64B
EBITDA Margin	+21.8%	+23.2%	+22.0%	+41.2%	+42.0%
EBT Excluding Unusual Items	2.19B	2.05B	1.15B	1.22B	0.84B
Pretax Income	2.27B	2.04B	1.41B	1.29B	0.85B
Operating Income	2.91B	2.57B	1.54B	1.42B	1.13B
Operating Margin	+14.0%	+14.9%	+13.2%	+25.9%	+28.9%
Profit Margin	+7.5%	+7.7%	+9.2%	+22.7%	+21.6%
Net Income	1.57B	1.33B	1.07B	1.25B	0.85B
Net Income to Common	1.57B	1.33B	1.07B	1.25B	0.85B
Net Income Growth	+17.7%	+24.1%	-14.1%	+47.6%	+114.4%
Earnings From Continuing Ops.	2.07B	1.78B	1.36B	1.28B	0.85B
Minority Interest in Earnings	-505.23M	-447.88M	-288.25M	-36.07M	-7.65M
Income Tax Expense	203.06M	264.06M	50.47M	2.01M	—
Effective Tax Rate	+8.9%	+12.9%	+3.6%	+0.2%	—
Per Share & Capital
EPS (Basic)	0.32	0.27	0.21	0.25	0.22
EPS (Diluted)	0.32	0.27	0.21	0.25	0.22
EPS Growth	+18.1%	+27.8%	-16.3%	+14.3%	+114.4%
Shares Change (YoY)	-0	-0.03	0.03	0.29	—
Shares Outstanding (Basic)	4.92B	4.94B	5.09B	4.96B	3.84B
Shares Outstanding (Diluted)	4.92B	4.94B	5.09B	4.96B	3.84B
Free Cash Flow	1.44B	0.92B	-1.22B	-3.57B	-2.07B
Free Cash Flow Margin	+6.9%	+5.3%	-10.4%	-65.0%	-52.9%
Free Cash Flow Per Share	0.29	0.19	-0.24	-0.72	-0.54
Supplemental
Other Unusual Items	32.17M	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	20.77B	17.29B	11.68B	5.50B	3.91B
Cost of Revenue	15.14B	12.34B	8.57B	2.87B	2.01B
Gross Profit	5.63B	4.94B	3.10B	2.63B	1.90B
SG&A	2.50B	2.18B	1.48B	1.07B	0.75B
Operating Expenses	2.72B	2.37B	1.56B	1.21B	0.77B
Operating Income	2.91B	2.57B	1.54B	1.42B	1.13B
Interest Income	191.86M	311.61M	31.24M	15.12M	0.63M
Interest Expense	-1.04B	-1.01B	-0.66B	-0.38B	-0.32B
Other Income/Expense	32.42M	62.16M	97.65M	-8.27M	-8.15M
Pretax Income	2.27B	2.04B	1.41B	1.29B	0.85B
Income Tax	203.06M	264.06M	50.47M	2.01M	—
Net Income	1.57B	1.33B	1.07B	1.25B	0.85B
EBITDA	4.53B	4.01B	2.56B	2.27B	1.64B
EBIT	2.91B	2.57B	1.54B	1.42B	1.13B
EPS (Basic)	0.32	0.27	0.21	0.25	0.22
EPS (Diluted)	0.32	0.27	0.21	0.25	0.22
Margins & Efficiency
Gross Margin %	+27.1%	+28.6%	+26.6%	+47.9%	+48.6%
EBITDA Margin %	+21.8%	+23.2%	+22.0%	+41.2%	+42.0%
Net Margin %	+7.5%	+7.7%	+9.2%	+22.7%	+21.6%
Revenue & Income
Revenue	20.77B	17.29B	11.68B	5.50B	3.91B
Revenue Growth (YoY)	+20.1%	+48.0%	+112.4%	+40.6%	+14.2%
Interest & Investment Income	191.86M	311.61M	31.24M	15.12M	0.63M
Earnings From Equity Investments	92.60M	110.59M	144.45M	164.84M	29.25M
Gain (Loss) on Sale of Assets	9.38M	-4.57M	-1.38M	74.97M	-7.15M
Gain (Loss) on Sale of Investments	6.97M	-2.79M	-104.16M	—	—
Expenses & Provisions
Cost of Revenue	15.14B	12.34B	8.57B	2.87B	2.01B
Selling, General & Admin	2.50B	2.18B	1.48B	1.07B	0.75B
Operating Expenses	2.72B	2.37B	1.56B	1.21B	0.77B
Interest Expense	-1.04B	-1.01B	-0.66B	-0.38B	-0.32B
Other Non Operating Income (Expenses)	32.42M	62.16M	97.65M	-8.27M	-8.15M
Merger & Restructuring Charges	—	—	-1.20M	-1.90M	-0.80M
Asset Writedown	39.99M	—	363.50M	-4.55M	25.81M
D&A For EBITDA	1.62B	1.44B	1.02B	0.84B	0.51B
Profitability & Returns
Gross Profit	5.63B	4.94B	3.10B	2.63B	1.90B
Gross Margin	+27.1%	+28.6%	+26.6%	+47.9%	+48.6%
EBIT	2.91B	2.57B	1.54B	1.42B	1.13B
EBIT Margin	+14.0%	+14.9%	+13.2%	+25.9%	+28.9%
EBITDA	4.53B	4.01B	2.56B	2.27B	1.64B
EBITDA Margin	+21.8%	+23.2%	+22.0%	+41.2%	+42.0%
EBT Excluding Unusual Items	2.19B	2.05B	1.15B	1.22B	0.84B
Pretax Income	2.27B	2.04B	1.41B	1.29B	0.85B
Operating Income	2.91B	2.57B	1.54B	1.42B	1.13B
Operating Margin	+14.0%	+14.9%	+13.2%	+25.9%	+28.9%
Profit Margin	+7.5%	+7.7%	+9.2%	+22.7%	+21.6%
Net Income	1.57B	1.33B	1.07B	1.25B	0.85B
Net Income to Common	1.57B	1.33B	1.07B	1.25B	0.85B
Net Income Growth	+17.7%	+24.1%	-14.1%	+47.6%	+114.4%
Earnings From Continuing Ops.	2.07B	1.78B	1.36B	1.28B	0.85B
Minority Interest in Earnings	-505.23M	-447.88M	-288.25M	-36.07M	-7.65M
Income Tax Expense	203.06M	264.06M	50.47M	2.01M	—
Effective Tax Rate	+8.9%	+12.9%	+3.6%	+0.2%	—
Per Share & Capital
EPS (Basic)	0.32	0.27	0.21	0.25	0.22
EPS (Diluted)	0.32	0.27	0.21	0.25	0.22
EPS Growth	+18.1%	+27.8%	-16.3%	+14.3%	+114.4%
Shares Change (YoY)	-0	-0.03	0.03	0.29	—
Shares Outstanding (Basic)	4.92B	4.94B	5.09B	4.96B	3.84B
Shares Outstanding (Diluted)	4.92B	4.94B	5.09B	4.96B	3.84B
Free Cash Flow	1.44B	0.92B	-1.22B	-3.57B	-2.07B
Free Cash Flow Margin	+6.9%	+5.3%	-10.4%	-65.0%	-52.9%
Free Cash Flow Per Share	0.29	0.19	-0.24	-0.72	-0.54
Supplemental
Other Unusual Items	32.17M	—	—	—	—

Financials

Annual (AED)

ABU DHABI PORTS

Annual (AED)