StocksMedium•2 November 2026•
1 min read
Rasan IT Revenue Surges 64% to SAR 819 Million in First Nine Months
Key Facts
1Rasan reported revenue of SAR 819 million for the first nine months of 2026, a 64% year-on-year increase.
2The company's adjusted net profit rose 91% to SAR 330 million during the same period.
3The company achieved record quarterly revenue of SAR 301 million in the third quarter.
Rasan Information Technology reported revenue of SAR 819 million for the first nine months of 2026, representing a 64% year-on-year increase. Financial Times reported that the company's adjusted net profit rose 91% to SAR 330 million during the same period, while the firm achieved record quarterly revenue of SAR 301 million in the third quarter.
The growth was driven by strong momentum in gross written premiums, which reached SAR 8.6 billion. The stock 8313.SR was trading at SAR 138.9 on November 2, 2026, with a session high of SAR 139.4 and a low of SAR 134.2.