Tadawul trading screen
Tadawul-listed companies, excluding Saudi Aramco, reported a 14% rise year-on-year (YoY) in Q3 2026 aggregate net earnings to SAR 52.8 billion, compared to SAR 46.5 billion in the same period a year earlier, driven mainly by Bahri and Petro Rabigh record profits.
Meanwhile, aggregate profits of Saudi-listed companies rose to approximately SAR 190.2 billion in Q3 2026, up 32% YoY and 12% quarter-on-quarter (QoQ), mainly driven by a 41% increase in Aramco’s profit to SAR 137.39 billion. Aramco accounted for more than 72% of the market’s total earnings.
Aramco’s results included non-recurring gains of around SAR 25 billion from the sale of its stake in PRefChem. Excluding these one-off items, the company’s profit increased 10% YoY to SAR 112.5 billion, supported by improved refining margins despite a 17% decline in production.
At the overall market level, aggregate profits excluding Aramco’s non-recurring gains rose 12% YoY to SAR 164.9 billion, while declining 6% QoQ, weighed down by lower earnings at Aramco.
Tadawul trading screen
Tadawul-listed companies, excluding Saudi Aramco, reported a 14% rise year-on-year (YoY) in Q3 2026 aggregate net earnings to SAR 52.8 billion, compared to SAR 46.5 billion in the same period a year earlier, driven mainly by Bahri and Petro Rabigh record profits.
Meanwhile, aggregate profits of Saudi-listed companies rose to approximately SAR 190.2 billion in Q3 2026, up 32% YoY and 12% quarter-on-quarter (QoQ), mainly driven by a 41% increase in Aramco’s profit to SAR 137.39 billion. Aramco accounted for more than 72% of the market’s total earnings.
Aramco’s results included non-recurring gains of around SAR 25 billion from the sale of its stake in PRefChem. Excluding these one-off items, the company’s profit increased 10% YoY to SAR 112.5 billion, supported by improved refining margins despite a 17% decline in production.
At the overall market level, aggregate profits excluding Aramco’s non-recurring gains rose 12% YoY to SAR 164.9 billion, while declining 6% QoQ, weighed down by lower earnings at Aramco.

