Riyadh – Mubasher: Elm Company registered net profits worth SAR 656 million during the first quarter (Q1) of 2026.
The positive results reflected a 32.52% growth from SAR 495 million in Q1-25, according to a bourse filing.
The earnings per share (EPS) soared to SAR 8.43 in Q1-26 from SAR 6.38 in Q1-25.
Elm generated revenue worth SAR 2.47 billion during January-March 2026, which signaled a 31.69% surge from SAR 1.87 billion in Q1-25.
The company stated that “the increase in revenue resulted from an increase in digital business revenue by 28%, increase in business process outsourcing revenue by 43.21%, and increase in professional services revenue by 30.43%.”
On a quarterly basis, the net profits of Elm in Q1-26 jumped by 47.08% from SAR 446 million in Q4-25, while the revenue declined by 11.96% from SAR 2.80 billion.
In 2025, the Saudi listed Elm recorded net profits worth SAR 2.09 billion and revenue of SAR 9.46 billion.
