SABIC stock: adjusted Q3 earnings return to profit

Published on 11/05/2026 at 00:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SABIC stock is in focus after adjusted net income reached SAR 0.84 billion in Q3. Revenue rose 14 percent from Q2.

Quarterly recovery and strategic focus

Adjusted earnings returned to positive territory after a loss in the previous quarter.
SABIC is prioritizing portfolio optimization, transformation and selective growth.
The company continues to expand its chemicals, polymers and agri-nutrients activities across global markets.

SABIC, SA0007879121, Illustration mit AI erstellt.

SABIC returned to positive adjusted earnings in the third quarter of 2026, according to the company's Q3 results announcement published on October 25. Adjusted net income reached SAR 0.84 billion, compared with an adjusted net loss of SAR 0.38 billion in the second quarter.

Recovery led by operating gains

Revenue increased 14 percent quarter-on-quarter to SAR 28.17 billion. Adjusted EBITDA rose 40 percent to SAR 4.75 billion, while adjusted EBIT climbed 434 percent to SAR 2.17 billion. Adjusted earnings per share improved to SAR 0.28 from a loss of SAR 0.13 in the previous quarter.

The figures point to a sharp sequential improvement in profitability, although SABIC said geopolitical developments and market headwinds remained part of the operating environment. The company presented the quarterly recovery alongside a longer-term focus on portfolio optimization, transformation and selective growth.

Transformation remains central

SABIC said it had achieved SAR 3.56 billion, equivalent to USD 0.95 billion, of the positive recurring EBITDA impact targeted under its 2030 transformation program. The company also completed the divestment of its engineering thermoplastics business in the Americas and Europe for an enterprise value of USD 450 million.

Net debt stood at SAR 3.03 billion on September 30, compared with SAR 2.73 billion on June 30. SABIC also highlighted a final investment decision for a new ammonia and urea complex in Saudi Arabia and feedstock allocation for a new methanol plant in Jubail.

Global chemicals portfolio

Headquartered in Riyadh, SABIC operates across the chemicals value chain through its Chemicals, Polymers and Agri-Nutrients strategic business units. The company serves customers in more than 140 countries across the Americas, Europe, the Middle East and Africa, and Asia Pacific. SABIC describes itself as one of the three largest global chemical companies, with a diversified international footprint rather than a single regional market focus.