Arabian Drilling Company Income Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,433	3,619	3,477	2,704	2,199
Revenue Growth (YoY)	-5.13%	4.09%	28.59%	22.95%	-13.17%
Cost of Revenue	3,481	2,859	2,501	1,902	1,723
Gross Profit	-47.79	759.9	975.9	801.44	475.62
Selling, General & Admin	-	194.81	170.83	179.6	112.07
Other Operating Expenses	-	-11.48	-7.07	2.7	0.16
Operating Expenses	-	194.37	174.67	182.35	112.23
Operating Income	-47.79	565.53	801.23	619.09	363.39
Interest Expense	-	-228.41	-156.76	-91.31	-26.76
Interest & Investment Income	-	21.61	47.6	27.53	1.34
Other Non Operating Income (Expenses)	0	-0.72	-4.12	-3.01	-11.23
EBT Excluding Unusual Items	-47.79	358.02	687.95	552.3	326.75
Pretax Income	-47.79	358.02	687.95	552.3	326.75
Income Tax Expense	27.46	36.65	83.33	-5.42	53.16
Net Income	-75.25	321.36	604.61	557.72	273.58
Net Income to Common	-75.25	321.36	604.61	557.72	273.58
Net Income Growth	-	-46.85%	8.41%	103.86%	-6.97%
Shares Outstanding (Basic)	89	89	89	81	80
Shares Outstanding (Diluted)	89	89	89	81	80
Shares Change (YoY)	-0.53%	-	9.30%	1.79%	3442.96%
EPS (Basic)	-0.85	3.61	6.79	6.85	3.42
EPS (Diluted)	-0.85	3.61	6.79	6.85	3.42
EPS Growth	-	-46.85%	-0.81%	100.28%	-97.37%
Free Cash Flow	1,099	-110.09	-486.66	-507.15	428.59
Free Cash Flow Per Share	12.42	-1.24	-5.47	-6.23	5.36
Dividend Per Share	-	2.700	5.060	-	16.580
Dividend Growth	-	-46.64%	-	-	-
Gross Margin	-1.39%	21.00%	28.07%	29.64%	21.63%
Operating Margin	-1.39%	15.63%	23.05%	22.90%	16.53%
Profit Margin	-2.19%	8.88%	17.39%	20.63%	12.44%
Free Cash Flow Margin	32.02%	-3.04%	-14.00%	-18.76%	19.49%
EBITDA	833.93	1,336	1,419	1,136	908.21
EBITDA Margin	24.29%	36.93%	40.81%	42.00%	41.30%
D&A For EBITDA	881.72	770.88	617.54	516.51	544.82
EBIT	-47.79	565.53	801.23	619.09	363.39
EBIT Margin	-1.39%	15.63%	23.05%	22.90%	16.53%
Effective Tax Rate	-	10.24%	12.11%	-	16.27%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.