StocksMedium•8 November 2026•
1 min read
TASI Firms' Q2 2026 Profits Ex-Aramco Rise 25% to SAR 48.8 Billion
Key Facts
1Combined net earnings for TASI-listed companies, excluding Aramco, rose 25% YoY to SAR 48.8 billion in Q2 2026.
Combined net earnings for TASI-listed companies, excluding Aramco, rose 25% YoY to SAR 48.8 billion in Q2 2026. Argaam reported that the growth was primarily driven by strong performance in the banking, petrochemicals, and energy sectors, with 114 out of 172 reporting firms showing profit growth.
The double-digit growth in non-oil corporate earnings reflects resilience in the Saudi private sector despite broader macro headwinds. Regarding economic indicators, data released on November 1, 2026, showed that Saudi Arabia's annual GDP growth rate stood at -3.8%, an improvement from the previous reading of -4.7%.