ACWA Power

2082 · Tadawul · SAR

SAR 163.50−2.33%−SAR 3.90

Close · October 1, 2026

At a glance

Revenue growth: +17.73%; 2025 vs 2024
Net income growth: +5.42%; 2025 vs 2024
Net margin: 25.0%; 2024: 27.9%

Financial data

Amounts in millions of SAR; per-share values in SAR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	2,012	2,022	2,039	1,660	1,747	1,967	1,736	1,747	1,563	1,252	1,810	1,542
Cost of revenue	1,035	1,096	1,043	—	1,013	866	—	—	—	—	—	—
Gross profit	977	927	996	—	734	1,101	—	—	—	—	—	—
Selling, general and administrative	447	412	-637	—	352	390	—	—	—	—	—	—
Research and development	44.8	25.1	62.1	—	20.0	34.8	—	—	—	—	—	—
Operating income	559	567	557	—	439	761	—	—	—	—	—	—
EBIT	557	565	364	404	1,077	753	507	453	401	281	705	679
EBITDA	739	720	504	641	1,147	892	640	588	516	399	795	806
Interest expense	428	392	433	—	310	389	—	—	—	—	—	—
Pre-tax income	351	411	538	566	675	439	637	404	697	310	584	519
Income tax	24.4	52.7	19.9	71.5	87.2	-21.1	-47.5	38.7	26.0	41.7	-17.9	108
Net income	308	345	572	371	482	427	502	328	631	296	580	398
Net income to common shareholders	308	345	572	371	482	427	502	328	631	296	580	398
Basic EPS	0.20	0.45	0.76	0.50	0.32	0.58	0.70	0.45	0.86	0.40	0.79	0.54
Diluted EPS	0.20	0.45	0.76	0.48	0.32	0.58	0.70	0.43	0.82	0.40	0.79	0.54
Average shares (basic)	1,533	766	754	748	1,503	732	718	737	737	732	733	733
Average shares (diluted)	1,533	766	754	766	1,503	732	718	766	766	733	733	733
Dividend per share	—	—	0.46	—	—	—	—	—	—	—	0.45	—