Ooredoo Reports Q1 2026 Revenue Growth and Increased Net Profit
Ooredoo's Q1 2026 revenue reached QAR6.2 billion ($1.7 billion), a 6% increase year-on-year, with net profit rising 4.7% to QAR1 billion ($274 million). The company maintains strong operational momentum despite regional uncertainties.
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In Q1 2026, Ooredoo's revenue grew by 6% year-on-year to QAR6.2 billion ($1.7 billion), with EBITDA increasing by 6.9% to QAR2.7 billion, resulting in an EBITDA margin of 43.8%. The net profit for the quarter was reported at QAR1 billion ($274.46 million), up 4.7% YoY.
Ooredoo's total customer base stands at 147.1 million. The company invested QAR608 million in CAPEX, a 13% increase from the previous year, focusing on network enhancements and data center capabilities.
The approved cash dividend of QAR0.75 per share reflects the company's commitment to shareholder returns. Continued investment in key markets like Algeria, Iraq, and Tunisia underscores Ooredoo's strategic growth initiatives.
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