Riyadh: stc Group today announced the company’s preliminary financial results for the period ending at 30 September 2025 stc reported significant financial achievements, marking historical revenue highs for the company.
According to Saudi Press Agency, the net profit for the nine-month period of 2025 reached SAR11,579 million, reflecting an increase of 3.08% compared to the same period last year. When excluding non-recurring items, the net profit growth was a remarkable 14.84%. The company’s revenues reached SAR57,924 million, showing a growth of 2.58% over the comparable period last year.
The release further detailed that the gross profit for the nine-month period of 2025 was SAR27,908 million, marking a 5.70% increase compared to the same period last year after excluding non-recurring items. The operating profit also saw an increase, reaching SAR10,834 million, which is 2.42% higher than the previous year after adjustments for non-recurring items.
The group reported that the earnings before Interest, Taxes, Zakat, Depreciation, and Amortization (EBITDA) for the nine-month period of 2025 reached SAR18,497 million, reflecting a 5.72% increase as compared to the comparable period last year after excluding non-recurring items.
stc has announced a distribution of SAR0.55 per share for the third quarter of 2025, in line with the dividends distribution policy approved by the General Assembly.
Commenting on the financial results, CEO of stc Group Eng. Olayan Alwetaid noted that the group is focused on maximizing its revenues from various business segments and continues to implement a strategic cost efficiency program to achieve sustainable profitability and maximize shareholders’ value.
Alwetaid also highlighted stc’s efforts to strengthen the digital infrastructure in the Kingdom and the region. Its subsidiary, center3, announced an investment aimed at expanding its data center infrastructure to reach a total capacity of 1 gigawatt by 2030, addressing the rising demand for AI and cloud computing services.
In addition, center3 signed a strategic agreement with HUMAIN, a subsidiary of the Public Investment Fund, to offer secure, high-efficiency connectivity both domestically and internationally, supporting HUMAIN’s AI ecosystem. This agreement is a significant stride towards diversifying the Kingdom’s digital economy and establishing it as a global leader in artificial intelligence.
To support the digital transformation of the Kingdom’s Giga projects, stc signed a strategic partnership with Red Sea Global, investing over SAR1.2 billion to build advanced digital infrastructure and provide connectivity services for Red Sea destinations. This investment is one of the largest in Saudi Arabia’s tourism sector, reinforcing the Kingdom’s position in developing smart destinations globally.
stc also introduced the Business-Critical Network, the first of its kind in the Kingdom, offering high-speed, reliable, and encrypted communication capabilities. This network aims to enhance industry efficiency and resilience, meeting future requirements through AI, edge computing, and the Internet of Things.
Alwetaid concluded by expressing pride in stc’s contributions to the national economy, highlighting a 14% increase in the local content score, reaching 50.7% in 2025, with total annual spending of SAR21.31 billion.