stc group revenues jump to historic high of $20.75bn; net profit up 12.5%

RIYADH, Tue, 17 Feb 2026 — stc group reported record financial results for 2025, achieving the highest revenues in its history at SAR77.8 billion ($20.75 billion), representing a 2.5 percent year-on-year increase. The group’s net profit reached SAR14.828 billion, with adjusted net profit rising by 12.5 percent after excluding non-recurring items, reflecting continued execution of its sustainable growth strategy and resilience across core and digital business segments.

The company noted that the previous year’s net profit included non-recurring gains linked to the sale of its controlling stake in Telecommunications Towers Company (TAWAL) and Digital Infrastructure Company. Excluding these items, the latest results highlight steady operational performance supported by diversification of revenue streams and disciplined cost and capital management.

Gross profit increased to SAR37.7 billion, while operating profit reached SAR14.4 billion. EBITDA stood at approximately SAR24.5 billion, marking a 6.1 percent increase on an adjusted basis. The group also announced a dividend distribution of SAR0.55 per share for the fourth quarter of 2025, consistent with its approved dividend policy.

Group CEO Eng Olayan bin Mohammed Alwetaid said the results demonstrate stc’s ability to deliver sustainable profitable growth while continuing to strengthen digital infrastructure and expand its portfolio of advanced services. During the year, the group expanded its network footprint to more than 10,800 5G sites and extended fiber-to-the-home connections to 3.75 million, while also conducting the region’s first trial of the 7 GHz spectrum in preparation for future 6G technologies.

Alongside financial growth, stc continued to invest in human capital development through initiatives including the Partner Development Program, Job Attachment initiatives, and stc Academy. The company also sponsored the Human Capability Initiative Conference and launched a public training platform aimed at equipping national talent with future-ready digital skills.

The group maintained its role in supporting major international events and religious seasons such as Hajj and Umrah by providing reliable digital infrastructure and connectivity solutions that enhance operational readiness across critical sectors.

During the year, stc Bank expanded its customer base to more than eight million users, while the group signed strategic agreements to develop data centres with total capacity reaching up to one gigawatt. stc also issued $2 billion in sukuk, which were oversubscribed more than four times, highlighting strong investor confidence in its financial position and long-term strategy.

On the sustainability front, the group’s MSCI rating improved to AA, and it received a five-star EFQM certification. stc retained its position as the strongest brand in the Middle East for the sixth consecutive year, reinforcing its standing as a leading digital enabler across the region.