Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	2.11B	1.90B	1.33B	0.85B	0.31B
Cost of Revenue	1.47B	1.29B	0.93B	0.82B	0.53B
Gross Profit	644.55M	607.78M	401.05M	29.47M	-224.64M
SG&A	120.43M	175.65M	151.21M	157.17M	241.75M
Operating Expenses	158.21M	216.55M	96.87M	205.12M	236.37M
Operating Income	486.34M	391.23M	304.18M	-175.66M	-461.00M
Interest Income	48.52M	24.39M	14.54M	5.11M	1.82M
Interest Expense	-563.89M	-711.85M	-385.94M	-425.97M	-687.03M
Other Income/Expense	—	—	22.00M	—	—
Pretax Income	2.36B	0.22B	0.26B	-0.35B	1.16B
Income Tax	-35.65M	23.71M	221.38M	—	211.21M
Net Income	2.39B	0.20B	0.04B	-0.35B	0.95B
EBITDA	945.91M	780.82M	588.15M	91.02M	-188.17M
EBIT	486.34M	391.23M	304.18M	-175.66M	-461.00M
EPS (Basic)	2.03	0.17	0.03	-0.35	1.02
EPS (Diluted)	2.03	0.17	0.03	-0.35	1.02
Margins & Efficiency
Gross Margin %	+30.5%	+32.0%	+30.2%	+3.5%	-72.4%
EBITDA Margin %	+44.7%	+41.1%	+44.3%	+10.7%	-60.6%
Net Margin %	+113.2%	+10.5%	+2.8%	-41.5%	+304.9%
Revenue & Income
Revenue	2.11B	1.90B	1.33B	0.85B	0.31B
Revenue Growth (YoY)	+11.2%	+43.3%	+56.2%	+173.7%	+75.7%
Interest & Investment Income	48.52M	24.39M	14.54M	5.11M	1.82M
Earnings From Equity Investments	5.70M	12.91M	1.33M	4.89M	7.17M
Gain (Loss) on Sale of Assets	2.32B	0.75B	0.39B	—	1.07B
Gain (Loss) on Sale of Investments	8.37M	-23.09M	-16.50M	-20.36M	0.84M
Expenses & Provisions
Cost of Revenue	1.47B	1.29B	0.93B	0.82B	0.53B
Selling, General & Admin	120.43M	175.65M	151.21M	157.17M	241.75M
Operating Expenses	158.21M	216.55M	96.87M	205.12M	236.37M
Other Operating Expenses	25.54M	-8.39M	-6.55M	-1.12M	-5.39M
Interest Expense	-563.89M	-711.85M	-385.94M	-425.97M	-687.03M
Other Non Operating Income (Expenses)	—	—	22.00M	—	—
Asset Writedown	52.09M	-302.26M	-71.17M	—	—
D&A For EBITDA	459.57M	389.59M	283.97M	266.68M	272.84M
Profitability & Returns
Gross Profit	644.55M	607.78M	401.05M	29.47M	-224.64M
Gross Margin	+30.5%	+32.0%	+30.2%	+3.5%	-72.4%
EBIT	486.34M	391.23M	304.18M	-175.66M	-461.00M
EBIT Margin	+23.0%	+20.6%	+22.9%	-20.7%	-148.5%
EBITDA	945.91M	780.82M	588.15M	91.02M	-188.17M
EBITDA Margin	+44.7%	+41.1%	+44.3%	+10.7%	-60.6%
EBT Excluding Unusual Items	-0.02B	-0.28B	-0.04B	-0.59B	-1.14B
Pretax Income	2.36B	0.22B	0.26B	-0.35B	1.16B
Operating Income	486.34M	391.23M	304.18M	-175.66M	-461.00M
Operating Margin	+23.0%	+20.6%	+22.9%	-20.7%	-148.5%
Profit Margin	+113.2%	+10.5%	+2.8%	-41.5%	+304.9%
Net Income	2.39B	0.20B	0.04B	-0.35B	0.95B
Net Income to Common	2.39B	0.20B	0.04B	-0.35B	0.95B
Net Income Growth	+1,095.9%	+433.9%	—	—	—
Earnings From Continuing Ops.	2.39B	0.20B	0.04B	-0.35B	0.95B
Minority Interest in Earnings	312.00K	16.00K	—	-57.00K	216.00K
Income Tax Expense	-35.65M	23.71M	221.38M	—	211.21M
Effective Tax Rate	—	+10.6%	+85.5%	—	+18.3%
Per Share & Capital
EPS (Basic)	2.03	0.17	0.03	-0.35	1.02
EPS (Diluted)	2.03	0.17	0.03	-0.35	1.02
EPS Growth	+1,074.2%	+432.0%	—	—	—
Shares Change (YoY)	0.02	0	0.15	0.08	—
Shares Outstanding (Basic)	1.18B	1.16B	1.15B	1.00B	0.93B
Shares Outstanding (Diluted)	1.18B	1.16B	1.15B	1.00B	0.93B
Free Cash Flow	-0.53B	-0.68B	-1.13B	-1.38B	-1.28B
Free Cash Flow Margin	-25.1%	-35.7%	-85.2%	-162.6%	-412.0%
Free Cash Flow Per Share	-0.45	-0.59	-0.98	-1.38	-1.38
Payout Ratio	—	—	—	—	+5.4%
Supplemental
Other Unusual Items	—	0.08B	—	0.26B	1.23B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	2.11B	1.90B	1.33B	0.85B	0.31B
Cost of Revenue	1.47B	1.29B	0.93B	0.82B	0.53B
Gross Profit	644.55M	607.78M	401.05M	29.47M	-224.64M
SG&A	120.43M	175.65M	151.21M	157.17M	241.75M
Operating Expenses	158.21M	216.55M	96.87M	205.12M	236.37M
Operating Income	486.34M	391.23M	304.18M	-175.66M	-461.00M
Interest Income	48.52M	24.39M	14.54M	5.11M	1.82M
Interest Expense	-563.89M	-711.85M	-385.94M	-425.97M	-687.03M
Other Income/Expense	—	—	22.00M	—	—
Pretax Income	2.36B	0.22B	0.26B	-0.35B	1.16B
Income Tax	-35.65M	23.71M	221.38M	—	211.21M
Net Income	2.39B	0.20B	0.04B	-0.35B	0.95B
EBITDA	945.91M	780.82M	588.15M	91.02M	-188.17M
EBIT	486.34M	391.23M	304.18M	-175.66M	-461.00M
EPS (Basic)	2.03	0.17	0.03	-0.35	1.02
EPS (Diluted)	2.03	0.17	0.03	-0.35	1.02
Margins & Efficiency
Gross Margin %	+30.5%	+32.0%	+30.2%	+3.5%	-72.4%
EBITDA Margin %	+44.7%	+41.1%	+44.3%	+10.7%	-60.6%
Net Margin %	+113.2%	+10.5%	+2.8%	-41.5%	+304.9%
Revenue & Income
Revenue	2.11B	1.90B	1.33B	0.85B	0.31B
Revenue Growth (YoY)	+11.2%	+43.3%	+56.2%	+173.7%	+75.7%
Interest & Investment Income	48.52M	24.39M	14.54M	5.11M	1.82M
Earnings From Equity Investments	5.70M	12.91M	1.33M	4.89M	7.17M
Gain (Loss) on Sale of Assets	2.32B	0.75B	0.39B	—	1.07B
Gain (Loss) on Sale of Investments	8.37M	-23.09M	-16.50M	-20.36M	0.84M
Expenses & Provisions
Cost of Revenue	1.47B	1.29B	0.93B	0.82B	0.53B
Selling, General & Admin	120.43M	175.65M	151.21M	157.17M	241.75M
Operating Expenses	158.21M	216.55M	96.87M	205.12M	236.37M
Other Operating Expenses	25.54M	-8.39M	-6.55M	-1.12M	-5.39M
Interest Expense	-563.89M	-711.85M	-385.94M	-425.97M	-687.03M
Other Non Operating Income (Expenses)	—	—	22.00M	—	—
Asset Writedown	52.09M	-302.26M	-71.17M	—	—
D&A For EBITDA	459.57M	389.59M	283.97M	266.68M	272.84M
Profitability & Returns
Gross Profit	644.55M	607.78M	401.05M	29.47M	-224.64M
Gross Margin	+30.5%	+32.0%	+30.2%	+3.5%	-72.4%
EBIT	486.34M	391.23M	304.18M	-175.66M	-461.00M
EBIT Margin	+23.0%	+20.6%	+22.9%	-20.7%	-148.5%
EBITDA	945.91M	780.82M	588.15M	91.02M	-188.17M
EBITDA Margin	+44.7%	+41.1%	+44.3%	+10.7%	-60.6%
EBT Excluding Unusual Items	-0.02B	-0.28B	-0.04B	-0.59B	-1.14B
Pretax Income	2.36B	0.22B	0.26B	-0.35B	1.16B
Operating Income	486.34M	391.23M	304.18M	-175.66M	-461.00M
Operating Margin	+23.0%	+20.6%	+22.9%	-20.7%	-148.5%
Profit Margin	+113.2%	+10.5%	+2.8%	-41.5%	+304.9%
Net Income	2.39B	0.20B	0.04B	-0.35B	0.95B
Net Income to Common	2.39B	0.20B	0.04B	-0.35B	0.95B
Net Income Growth	+1,095.9%	+433.9%	—	—	—
Earnings From Continuing Ops.	2.39B	0.20B	0.04B	-0.35B	0.95B
Minority Interest in Earnings	312.00K	16.00K	—	-57.00K	216.00K
Income Tax Expense	-35.65M	23.71M	221.38M	—	211.21M
Effective Tax Rate	—	+10.6%	+85.5%	—	+18.3%
Per Share & Capital
EPS (Basic)	2.03	0.17	0.03	-0.35	1.02
EPS (Diluted)	2.03	0.17	0.03	-0.35	1.02
EPS Growth	+1,074.2%	+432.0%	—	—	—
Shares Change (YoY)	0.02	0	0.15	0.08	—
Shares Outstanding (Basic)	1.18B	1.16B	1.15B	1.00B	0.93B
Shares Outstanding (Diluted)	1.18B	1.16B	1.15B	1.00B	0.93B
Free Cash Flow	-0.53B	-0.68B	-1.13B	-1.38B	-1.28B
Free Cash Flow Margin	-25.1%	-35.7%	-85.2%	-162.6%	-412.0%
Free Cash Flow Per Share	-0.45	-0.59	-0.98	-1.38	-1.38
Payout Ratio	—	—	—	—	+5.4%
Supplemental
Other Unusual Items	—	0.08B	—	0.26B	1.23B

Financials

Annual (SAR)

JABAL OMAR

Annual (SAR)