Jarir reports SAR 863 million profit: what it means for Jarir Bookstore stock

Published on 10/20/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month profit rose 16.70 percent to SAR 863 million in 2026. For Jarir Bookstore stock, revenue reached SAR 8.97 billion, up 9.70 percent.

Profit and retail drivers

Jarir reported SAR 863 million in net income for the first nine months of 2026 on October 13, 2026.
Revenue reached SAR 8.97 billion in the first nine months of 2026, rising 9.70 percent year over year.
Market capitalization stood at SAR 20.3 billion as of October 20, 2026.

Jarir Bookstore, SA000A0BLA62, Illustration mit AI erstellt.

Jarir Bookstore (ISIN SA000A0BLA62) reported net income of SAR 863 million for the first nine months of 2026, up 16.70 percent from SAR 739.4 million a year earlier, according to Argaam on October 13, 2026. The result gives the retailer a stronger earnings base before its next seasonal sales periods.

Revenue growth trails profit growth

Revenue reached SAR 8.97 billion in the first nine months of 2026, rising 9.70 percent from SAR 8.17 billion in the year-earlier period. Gross profit increased 16.60 percent to SAR 1.18 billion, showing that profit expanded faster than sales.

Operating income rose 15.00 percent to SAR 917.5 million during the same period. The company linked the improvement to higher margins across several divisions and less reliance on discounted promotions than in the comparable period, as Jawlah reported on October 13, 2026.

What does the quarterly jump mean?

Third-quarter net income reached SAR 374 million, up 15.10 percent from SAR 324.9 million in the third quarter of 2025. Quarterly revenue rose 7.80 percent to SAR 3.15 billion, while gross profit advanced 14.40 percent to SAR 499.1 million, according to Argaam.

The retail mix remains important. Chairman Muhammad Alagil said the average basket value increased 6.00 percent in the third quarter, while the conversion rate eased from 29.00 percent to 27.00 percent. Installment sales represented 41.00 percent of total sales, and physical showrooms contributed 62.00 percent compared with 38.00 percent for digital channels, according to Argaam on October 13, 2026.

Stock value and seasonal risk

Jarir Bookstore stock was trading at SAR 16.89 on Tadawul on October 20, 2026 at 12:13 p.m. AST. The 52-week range was SAR 12.26 to SAR 18.38, while market capitalization stood at SAR 20.3 billion on the same date.

The earnings mix favors Jarir when product availability supports fuller pricing and high-margin categories. However, the company remains exposed to promotion intensity, product costs and seasonal demand, especially around school and office supplies.