Investors reassess Mobily stock after SAR 5.07 billion revenue miss

Published on 10/21/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue reached SAR 5.07 billion, below estimates. Mobily stock posted SAR 925 million profit, up 0.98 percent year over year.

Profit and revenue trajectory

Mobily reported SAR 925 million in third-quarter net profit on October 20, 2026.
Nine-month revenue reached SAR 15.19 billion versus SAR 14.46 billion a year earlier.
Mobily's market capitalization was SAR 44.7 billion on October 21, 2026.

Mobily, SA000A0DM9P2, Illustration mit AI erstellt.

Investors reassessed Mobily stock after third-quarter revenue of SAR 5.07 billion fell short of the SAR 5.13 billion average estimate, while net profit rose to SAR 925 million. Investing.com reported the figures on October 20, 2026.

Revenue growth meets a tougher test

The revenue miss matters because Mobily's top line still grew 4.5 percent from SAR 4.85 billion in the third quarter of 2025. Net profit increased 0.98 percent from SAR 916 million, showing that earnings growth was much slower than sales growth in the third quarter of 2026.

Argaam reported that nine-month revenue reached SAR 15.19 billion, up 5.1 percent from SAR 14.46 billion in the same period of 2025. Net income rose 7.7 percent to SAR 2.71 billion from SAR 2.51 billion.

What does profit growth mean?

The nine-month result gives Mobily a stronger earnings comparison than the third quarter alone. EBITDA increased 6.6 percent to SAR 5.94 billion, while the EBITDA margin improved to 39.1 percent during the first nine months of 2026, according to ArabicTrader. The contrast is clear: operating profit rose 6.9 percent over nine months, but fell 3.3 percent year over year in the third quarter.

Mobily stock market context

Mobily's Tadawul quote stood at SAR 58.25 on October 21, 2026 at 11:16 a.m. AST. The stock's 52-week range was SAR 57.55 to SAR 71.60, placing the latest quote SAR 13.35 below the yearly high. Market capitalization stood at SAR 44.7 billion on the same date.