Elm revenue and financials

7203 · Tadawul · SAR

SAR 592.00Change from previous close: +2.96%Absolute change: +SAR 17.00

Close · October 6, 2026

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%.

Annual revenue · 2025: SAR 9.46B
  1. SAR 4.61B2022
  2. SAR 5.9B2023
  3. SAR 7.41B2024
  4. SAR 9.46B2025

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.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Total revenue2,5252,4722,8082,2451,877
Cost of revenue1,4951,4231,9281,3281,105
Gross profit1,0301,049879916772
Selling, general and administrative356309-511281234
Research and development18.318.939.620.821.3
Operating income526612517513473
EBIT578730516566535
EBITDA664808589630575
Interest expense31.835.834.728.67.4
Pre-tax income546694482537528
Income tax35.338.635.3-52.732.0
Net income513656446590496
Net income to common shareholders513656446590496
Basic EPS6.588.43—7.586.38
Diluted EPS6.578.42—7.576.36
Average shares (basic)78.077.9—77.877.7
Average shares (diluted)78.077.9—77.980.0