Fakeeh Care Group recorded total revenue of SAR 3.1 billion in the full year 2025, representing an 11% increase compared to the prior year, the company stated on March 4, 2026. The group served 1.9 million patients during the year, up 8% year on year, with outpatient visits rising 8%, inpatient admissions growing 9%, and surgical procedures increasing 9%.
Attributable net profit reached SAR 290 million, up 1% year on year. However, excluding the ramp-up impact of DSFH Madinah, net profit growth stood at 14% year on year. Growth was driven by expansion in patients served across the network and continued progression toward higher-value, complex care cases.
Operational Capacity and Occupancy Rates
Operational beds reached 544 in the fourth quarter of 2025, up from 457 in the same period of 2024. This expansion was driven by continued scaling at DSFH Riyadh and the phased opening of DSFH Madinah. Despite the larger bed base, inpatient occupancy averaged 81% across the group for the full year.
DSFH Jeddah maintained occupancy above 80% throughout the year. DSFH Riyadh also recorded occupancy above 80% in the fourth quarter of 2025, as it progressed in higher-acuity specialties. DSFH Madinah reported a steep early ramp-up, converting demand for quality care in the city into measurable patient volume growth.
Fakeeh Care Group Expands Riyadh Footprint
As part of its Riyadh expansion strategy, Fakeeh Care Group is progressing discussions to acquire a majority stake in Dr. Mohammad Al Fagih Hospital in Riyadh. The transaction is expected to add immediate capacity in a market with rising demand. Discussions remain ongoing and are subject to completion of due diligence, execution of definitive documentation, and customary regulatory approvals.
In parallel, the group remains on track to introduce three new medical clinics to its network, progressing toward 100+ clinics by FY2026. The expansion begins with DSFMC Alawali in Makkah, followed by DSFMC North Obhur and DSFMC Al Zahraa in Jeddah, in response to growing demand for community care in those areas.
Quality Accreditations and External Recognition
DSFH Jeddah was designated as a Pioneer Hospital under the Council of Health Insurance Daman Classification program after scoring 110% against mandatory and optional criteria. The hospital also received the SRC Institutional Commitment to Excellence Award, becoming the first hospital globally to receive that recognition. Furthermore, it became the first private hospital in Saudi Arabia to receive CBAHI certification for Acute Coronary Syndrome services.
The hospital was additionally recognized in regional and international rankings by Newsweek and Statista for ambulatory care and specialized hospital performance. These accreditations align with the Kingdom’s broader push toward value-based healthcare delivery.
“2025 was a year of disciplined delivery for Fakeeh Care Group. We closed the year with SAR 3.1 billion of revenue, up 11% year on year, and served 1.89 million patients, up 8% year on year. The demand environment in Saudi healthcare remains supportive, but growth is only valuable when it is delivered with operational control.”
Dr. Mazen Soliman Fakeeh, President, Fakeeh Care Group
Education and Clinical Training Capacity
Through Fakeeh College for Medical Sciences (FCMS), the group expanded training capacity in alignment with the Kingdom’s localization agenda. The 6,500 sqm Simulation and Clinical Skills Centre is now complete and operational, featuring 15 classrooms, 12 labs, and 18 OSCE rooms capable of training up to 500 students per day.
Average student numbers at FCMS increased by 9% in FY2025 versus FY2024. This supports the group’s objective of developing practice-ready Saudi clinicians across its network and the broader healthcare education sector in the Kingdom.
Financial Context and IPO Background
Fakeeh Care Group completed its initial public offering on the Tadawul in June 2024, raising gross proceeds of SAR 2.9 billion (approximately USD 764 million). Of that total, SAR 1.7 billion was allocated to support and accelerate the group’s growth strategy. The company is listed on TASI under symbol 4017 with ISIN code SA562GSHUOH7.
The group’s Mature Business, which includes its Jeddah-based facilities and Home Healthcare, continued to anchor performance. Meanwhile, newer hospitals in Riyadh and Madinah expanded their contribution as capacity scaled and service lines deepened, reflecting the group’s hub-and-spoke expansion model across Saudi Arabia.
“With a resilient core, an expanding footprint, and a model increasingly validated across multiple geographies, Fakeeh Care Group is well positioned to create enduring value for patients, staff, students, shareholders, and the broader community.”
Dr. Mazen Soliman Fakeeh, President, Fakeeh Care Group