stc reports revenue and operating profit growth through September 2026

stc Group has announced its preliminary financial results for the period ending September 30, 2026, showing growth in both revenue and operating profits during the first nine months of the year. The group's revenue for the nine-month period rose by 3.7% year-on-year to 60,096 million Saudi riyals.

Key financial indicators include a 5.2% increase in gross profit to 29,362 million riyals and a 4.1% rise in operating profit to 11,282 million riyals. EBITDA grew by 3.5% to reach 19,150 million riyals. Net profit for the nine-month period reached 10,918 million riyals, representing a 2.6% increase after excluding non-recurring items.

The group reported accelerated growth in its subsidiaries, with subsidiary revenue increasing by 9.0% over the nine-month period and reaching an 18.5% growth rate in the third quarter compared to the previous year. stc also announced a dividend distribution of 0.55 riyals per share for the third quarter of 2026, bringing total distributions to shareholders for the first nine months to 8.2 billion riyals.