Elm revenue and financials
SAR 592.00Change from previous close: +2.96%Absolute change: +SAR 17.00
In the fiscal year ended December 2025, Elm reported revenue of SAR 9.46B (+27.79% year over year). Net income was SAR 2.09B, a net margin of 22.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +27.79%
- 2025 vs 2024
- Net income growth
- +14.42%
- 2025 vs 2024
- Net margin
- 22.1%
- 2024: 24.7%
Financial data
Amounts in millions of SAR; per-share values in SAR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | 9,465 | 7,407 | 5,898 | 4,606 |
| Cost of revenue | 5,787 | 4,376 | 3,567 | 2,720 |
| Gross profit | 3,678 | 3,031 | 2,332 | 1,886 |
| Selling, general and administrative | 406 | 258 | 183 | 134 |
| Research and development | 105 | 75.5 | 51.6 | — |
| Operating income | 2,087 | 1,743 | 1,373 | 1,021 |
| EBIT | 2,242 | 1,982 | 1,479 | 1,031 |
| EBITDA | 2,496 | 2,181 | 1,599 | 1,151 |
| Interest expense | 106 | 28.4 | 5.9 | 7.9 |
| Pre-tax income | 2,136 | 1,954 | 1,473 | 1,023 |
| Income tax | 45.7 | 127 | 117 | 92.9 |
| Net income | 2,090 | 1,827 | 1,356 | 930 |
| Net income to common shareholders | 2,090 | 1,827 | 1,356 | 930 |
| Basic EPS | 26.86 | 23.51 | 17.46 | 11.94 |
| Diluted EPS | 26.80 | 23.44 | 16.95 | 11.63 |
| Average shares (basic) | 77.8 | 77.7 | 77.7 | 77.9 |
| Average shares (diluted) | 78.0 | 77.9 | 80.0 | 80.0 |