Saudi Energy 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	102,218	88,666	75,330	72,079	69,338
Revenue Growth (YoY)	15.29%	17.70%	4.51%	3.95%	0.92%
Fuel & Purchased Power	37,247	-	-	-	-
Operations & Maintenance	18,838	-	-	-	-
Selling, General & Admin	1,235	468.09	575.3	1,610	204.45
Depreciation & Amortization	22,512	437.43	402.68	-	427.92
Provision for Bad Debts	746.74	-	-	1,378	1,075
Other Operating Expenses	-794.32	70,692	60,600	51,882	48,720
Total Operating Expenses	79,861	71,606	61,587	54,870	50,427
Operating Income	22,357	17,059	13,743	17,209	18,911
Interest Expense	-5,951	-4,699	-3,691	-2,579	-2,472
Interest Income	120.55	237.17	358.69	106.11	70.83
Net Interest Expense	-5,831	-4,461	-3,332	-2,473	-2,401
Income (Loss) on Equity Investments	74.83	134.06	83.67	307.75	-10.2
Other Non-Operating Income (Expenses)	-3,276	-	-	-	-
EBT Excluding Unusual Items	13,325	12,732	10,495	15,044	16,500
Gain (Loss) on Sale of Assets	-	9.54	103.54	-46.58	48.58
Asset Writedown	-	-	-	615.68	-863.44
Legal Settlements	-	-	-	-	-484.61
Other Unusual Items	-	-5,687	-	-	-207.93
Pretax Income	13,325	7,054	10,598	15,613	14,992
Income Tax Expense	349.91	187.43	348.98	416.62	455.93
Earnings From Continuing Ops.	12,975	6,867	10,249	15,196	14,536
Earnings From Discontinued Ops.	-	-	-	-61.18	-145.39
Net Income	12,975	6,867	10,249	15,135	14,391
Preferred Dividends & Other Adjustments	-	8,792	7,661	7,661	7,661
Net Income to Common	12,975	-1,925	2,588	7,474	6,729
Net Income Growth	88.95%	-33.00%	-32.28%	5.17%	375.64%
Shares Outstanding (Basic)	13,515	4,167	4,167	4,167	4,167
Shares Outstanding (Diluted)	13,515	4,167	4,167	4,167	4,167
Shares Change (YoY)	224.38%	-	-	-	-
EPS (Basic)	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	0.96	-0.46	0.62	1.79	1.62
EPS Growth	-	-	-65.37%	11.06%	220.73%
Free Cash Flow	-	-16,816	183.32	12,470	20,119
Free Cash Flow Per Share	-	-4.04	0.04	2.99	4.83
Dividend Per Share	-	0.700	0.700	0.700	0.700
Profit Margin	12.69%	-2.17%	3.44%	10.37%	9.71%
Free Cash Flow Margin	-	-18.97%	0.24%	17.30%	29.02%
EBITDA	44,182	37,614	32,617	36,477	38,554
EBITDA Margin	43.22%	42.42%	43.30%	50.61%	55.60%
D&A For EBITDA	21,825	20,555	18,874	19,268	19,643
EBIT	22,357	17,059	13,743	17,209	18,911
EBIT Margin	21.87%	19.24%	18.24%	23.88%	27.27%
Effective Tax Rate	2.63%	2.66%	3.29%	2.67%	3.04%

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