Jabal Omar reports revenue: Jabal Omar Development stock sits 11.57 percent below its high

Published on 10/09/2026 at 14:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached SAR 158.13 million, up from SAR 116.99 million. Jabal Omar Development stock was SAR 16.89 on October 8, 2026.

Jabal Omar reported SAR 715.15 million in second-quarter revenue and SAR 158.13 million in net income.
Second-quarter net income rose from SAR 116.99 million in the first quarter, while revenue declined from SAR 739.00 million.
The Tadawul quote was last at SAR 16.89 on October 8, 2026, down 3.49 percent from SAR 17.50.
The company's Phase 4 development was 92.54 percent complete as of July 2026.

Jabal Omar Development, SA000A0MR864, Illustration mit AI erstellt.

Jabal Omar reported SAR 715.15 million in second-quarter 2026 revenue, while Jabal Omar Development stock sat 11.57 percent below its SAR 19.10 52-week high. According to Investing.com on September 8, 2026, net income reached SAR 158.13 million and earnings per share reached SAR 0.13 in the latest quarter.

Revenue slips as profit rises

The second-quarter revenue figure was down from SAR 739.00 million in the first quarter of 2026. Net income moved in the opposite direction, rising from SAR 116.99 million to SAR 158.13 million, according to Investing.com.

The comparison matters because the higher profit arrived alongside lower revenue. The financial data show second-quarter net income was 35.17 percent above the first-quarter figure, while revenue was 3.23 percent lower.

Phase 4 reaches 92.54 percent

Jabal Omar's operating story remains tied to its large Makkah development. The company's website states that Phase 4 was 92.54 percent complete as of July 2026, while Phase 7 stood at 10 percent; the project combines hotels, commercial areas and other mixed-use facilities.

That construction profile gives the stock a hospitality-heavy earnings exposure rather than a pure residential development profile. The official company website describes Jabal Omar as a major listed Saudi real estate developer whose project is adjacent to the Grand Mosque.

What does the market valuation show?

Jabal Omar's market capitalization was SAR 19.9 billion as of October 8, 2026. The same quote data put the 52-week range at SAR 13.88 to SAR 19.10, leaving the latest SAR 16.89 quote 21.68 percent above the yearly low and 11.57 percent below the yearly high.

The last Tadawul quote was SAR 16.89 on October 8, 2026 at 3:10 p.m. AST, versus a prior close of SAR 17.50. That represents a minus 3.49 percent daily change.