Saudi Arabian Oil Company: EPS SAR 0.57 vs SAR 0.4472 expected; revenue SAR 464.3B vs SAR 400.2B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (SAR) | 0.5700 | 0.4472 | +27.5% | 0.3994 |
| Revenue (SAR bn) | 464.3300 | 400.1800 | +16.0% | 417.5000 |
Recent reports: actual vs estimate
| Reported | Period | EPS (SAR) | Estimate | Surprise | Revenue (SAR bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 3, 2026 | Q3 FY2026 | 0.5700 | 0.4472 | +27.5% | 464.33 | 400.18 | +16.0% |
| Aug 4, 2026 | Q2 FY2026 | 0.4989 | 0.4804 | +3.9% | 450.77 | 430.39 | +4.7% |
| May 10, 2026 | Q1 FY2026 | 0.5090 | 0.4560 | +11.6% | 463.08 | 440.05 | +5.2% |
| Mar 10, 2026 | Q4 FY2025 | 0.3522 | 0.3854 | −8.6% | 415.78 | 378.77 | +9.8% |
| Nov 4, 2025 | Q3 FY2025 | 0.3994 | 0.4114 | −2.9% | 417.50 | 393.51 | +6.1% |
| Aug 5, 2025 | Q2 FY2025 | 0.3495 | 0.3665 | −4.6% | — | — | — |
| May 11, 2025 | Q1 FY2025 | 0.3997 | 0.4035 | −0.9% | 428.91 | 404.04 | +6.2% |
| Mar 4, 2025 | Q4 FY2024 | 0.3589 | 0.4000 | −10.3% | 311.26 | 405.60 | −23.3% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Saudi Arabian Oil Company results: EPS SAR 0.57 vs SAR 0.4472 expected; revenue SAR 464.3B vs SAR 400.2B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 27.5%; revenue above the estimate by 16.0%.
Revenue was up 11.2% from SAR 417.5 billion a year earlier (Q3 FY2025). EPS was up 42.7% from SAR 0.3994 a year earlier. On its record, EPS topped analysts' estimates in 2 of 7 earlier comparable reports.
What the results mean
Saudi Arabian Oil Company combines oil and gas production with refining, chemicals and trading. Reading its results therefore requires understanding each activity’s contribution to profitability, since revenue growth alone does not reveal how production, manufacturing and sales contributed.
Exploration and production are sensitive to oil and gas selling prices, sales volumes, and operating and development costs. Refining and chemicals profitability depends on the spread between feedstock costs and product values, as well as demand. Integrating these activities diversifies income sources, while each business remains exposed to its own market conditions.
What to watch on the earnings call: Investors should follow management’s discussion of how production, refining and chemicals contribute to profitability, alongside product demand, operating costs and manufacturing margins. Spending on resource development and production capacity, and how integration translates into cash generation, also merit attention.
For the full analysis of Saudi Arabian Oil Company stock — valuation, scores and financial statements — see the stock page linked with this story.