Zain Saudi Arabia recorded a revenue of 5.3 billion riyals during the first half of 2026. According to a report by Asharq Al-Awsat, the company achieved a net profit of 405 million riyals during this six-month period. This represents an 84 percent increase compared to the 220 million riyals recorded in the first half of 2025.
Specifically, the net profit for the second quarter of 2026 reached 204 million riyals, which is a 60.6 percent growth from the previous year. Meanwhile, the company registered a 1.5 percent increase in net profit on a quarterly basis compared to the first quarter of 2026. Consequently, the gross profit rose by 1.8 percent year-on-year to reach 1.654 billion riyals.
Financial Performance of Zain Saudi Arabia
The earnings before interest, taxes, depreciation, and amortization (EBITDA) reached 1.7 billion riyals during the first half of the year. Furthermore, the company’s share price increased by 0.50 percent to close at 10.30 riyals following the financial disclosure. This growth reflects a stable financial position in the local economy.
Revenue Drivers and Operational Costs
The growth in net profit was primarily driven by the expansion of fifth-generation (5G) services for individual customers. However, total operational expenses increased by 6 million riyals due to network expansion and higher maintenance costs. In addition, expected credit losses decreased by 81 million riyals due to accelerated cash collections from Tamam.
Digital Initiatives and Cybersecurity
During the first half of 2026, the company established an artificial intelligence center of excellence to improve network performance. Additionally, the operator launched an AI-powered smart Hajj platform to manage network operations during peak seasons. Notably, the company obtained a level-two managed cybersecurity operations center license to align with national standards.
Strategic Partnerships and Future Outlook
The company signed a memorandum of understanding with Dammam Airports to develop digital solutions for travelers. Moreover, Zain Saudi Arabia partnered with Classera to expand digital educational solutions across the Kingdom. Chief Executive Officer Saad bin Abdulrahman Al-Sadhan stated that the results reflect the success of the company’s digital infrastructure investments.
“The results of the first half of 2026 reflect the success of our strategy in achieving balanced financial and operational growth, supported by continuous investment in digital infrastructure.”
Saad bin Abdulrahman Al-Sadhan, CEO of Zain Saudi Arabia
Ultimately, the company plans to continue its growth strategy by investing in digital services and expanding its business sector solutions. These initiatives aim to support the digital transformation goals of Saudi Vision 2030. Consequently, the operator expects to maintain its market position through continuous technological development.
