Saudi Aramco recorded a 41.26% increase in net profit in the third quarter of 2026 compared with the same quarter of 2025, amid higher revenues and other income related to sales.

The company's results, disclosed on the Saudi market website “Tadawul” today, Tuesday, showed net profit rising to 137.39 billion riyals in the third quarter of the current year, compared with profit of 97.26 billion riyals for the same period last year.

The company explained that the increase in net profit was primarily driven by higher revenues and other income related to sales, as well as realized gains from the sale of Saudi Aramco’s stake in an affiliated company, partially offset by higher operating costs.

For the nine months ended 2026, net profit rose to 379.02 billion riyals, compared with profit of 278.57 billion riyals in the same period last year, a 36.06% increase.

• Gold prices are approaching their lowest levels of the year.

• Oil is up more than 2% due to US strikes.

• Markets await important US labor market data.

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