Articles > Zain KSA Reports Solid Financial Performance in Q1 2026
Zain KSA Reports Solid Financial Performance in Q1 2026
By KlickAnalytics Data Insights | May 7, 2026 03:08AM ET
- Sales/Revenue decreased slightly by 1.3% compared to Q1 2025, reaching SAR 2,656 million.
- Net profit for the period soared by 116% to SAR 201 million, attributed to various factors such as improved gross profit margin and one-off income.
Zain KSA, the Mobile Telecommunication Company of Saudi Arabia, recently released its Interim Financial results for the Period Ending on March 31, 2026. The company reported a revenue of SAR 2,656 million in Q1 2026, showcasing a slight decline from SAR 2,690 million in the same period last year. This decrease was primarily due to lower device sales offsetting growth in the consumer segment.
Despite the dip in revenue, Zain KSA's net profit for the quarter showed an impressive leap of 116% to SAR 201 million, up from SAR 93 million in Q1 2025. The surge in profit can be attributed to factors such as an improved gross profit margin, one-off income of SAR 98 million from the Universal Service Fund, and a reduction in finance costs.
Moving on to comparisons within the current period, Zain KSA's revenue in Q1 2026 decreased by 8% compared to the previous quarter, attributed mainly to seasonality and device sales. The net profit also dropped from SAR 231 million in Q4 2025 to SAR 201 million in Q1 2026, primarily due to a decrease in gross margins and an increase in operating expenses, partially offset by reduced finance costs and one-off income from the Universal Service Fund.
The company's external auditor reported an unmodified conclusion, while additional information provided revealed a total CAPEX investment of SAR 79 million during the period to enhance customer experience and service quality. Zain KSA continues to demonstrate resilience and adaptability in the competitive telecommunications sector, setting a solid foundation for future growth and success in the market.
- Net profit for the period soared by 116% to SAR 201 million, attributed to various factors such as improved gross profit margin and one-off income.
Zain KSA, the Mobile Telecommunication Company of Saudi Arabia, recently released its Interim Financial results for the Period Ending on March 31, 2026. The company reported a revenue of SAR 2,656 million in Q1 2026, showcasing a slight decline from SAR 2,690 million in the same period last year. This decrease was primarily due to lower device sales offsetting growth in the consumer segment.
Despite the dip in revenue, Zain KSA's net profit for the quarter showed an impressive leap of 116% to SAR 201 million, up from SAR 93 million in Q1 2025. The surge in profit can be attributed to factors such as an improved gross profit margin, one-off income of SAR 98 million from the Universal Service Fund, and a reduction in finance costs.
Moving on to comparisons within the current period, Zain KSA's revenue in Q1 2026 decreased by 8% compared to the previous quarter, attributed mainly to seasonality and device sales. The net profit also dropped from SAR 231 million in Q4 2025 to SAR 201 million in Q1 2026, primarily due to a decrease in gross margins and an increase in operating expenses, partially offset by reduced finance costs and one-off income from the Universal Service Fund.
The company's external auditor reported an unmodified conclusion, while additional information provided revealed a total CAPEX investment of SAR 79 million during the period to enhance customer experience and service quality. Zain KSA continues to demonstrate resilience and adaptability in the competitive telecommunications sector, setting a solid foundation for future growth and success in the market.
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