Saudi Arabian Oil revenue and financials

2222 · Tadawul · SAR

SAR 25.74Change from previous close: −0.23%Absolute change: −SAR 0.06

Close · October 7, 2026

In the fiscal year ended December 2025, Saudi Arabian Oil reported revenue of SAR 1.67T (−7.24% year over year). Net income was SAR 348.04B, a net margin of 20.8%.

Annual revenue · 2025: SAR 1.67T
  1. SAR 504.6B2016
  2. SAR 986.16B2017
  3. SAR 1.35T2018
  4. SAR 1.24T2019
  5. SAR 862.09B2020
  6. SAR 1.5T2021
  7. SAR 2.27T2022
  8. SAR 1.86T2023
  9. SAR 1.8T2024
  10. SAR 1.67T2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−7.24%
2025 vs 2024
Net income growth
−11.64%
2025 vs 2024
Net margin
20.8%
2024: 21.9%

Financial data

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

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow95,365115,242153,161135,445103,284118,908134,275132,058116,586125,969145,458117,634
Depreciation and amortization23,95924,20027,95029,19524,69723,17715,43829,31925,45224,16625,40525,134
Capital expenditure-49,389-45,354-50,146-47,081-46,158-47,059-53,185-49,593-45,491-40,621-44,918-41,354
Investing cash flow-54,697-49,432-59,085-38,353-59,457-47,007-42,00437,128-46,01548,030-14,375-57,684
Financing cash flow-100,628-78,096-44,850-82,337-67,407-85,845-112,092-103,529-143,737-129,000-123,132-117,819
Dividends paid-82,073-82,080-80,118-80,113-80,112-80,104-116,451-116,447-116,517-116,503-110,183-110,181
Share repurchases-2,031-2660.0—0.00.00.0—-3,750———
Debt issued3,64317,0128,95211,33924,67513,15921,19827,5854,2402,78811,8542,406
Debt repaid-13,759-5,255-7,512-5,980-4,908-11,781-10,530-8,676-20,554-8,479-15,950-5,050
Net change in cash-59,960-12,28649,22614,755-23,580-13,944-19,82165,657-73,16644,9997,951-57,869
Free cash flow45,97669,888103,01588,36457,12671,84981,09082,46571,09585,348100,54076,280
Levered free cash flow40,43180,782129,183132,01539,36297,40488,18295,25397,248133,380106,336102,414