STC Net Profit Grows 6.3% After Excluding Non-Recurring Items
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STC's First-Half 2026 Results
STC Group announced its financial results for the first half of 2026, covering the period ending 30 June. Revenue and operating profit continued to grow, while net profit increased by 6.3% after excluding non-recurring items from both the current and comparable periods.These figures are not investment advice. They do, however, offer useful context on the activity of one of the region's largest telecommunications and digital-services groups.
STC's Key Figures for H1 2026
| Financial metric | Value or growth |
|---|---|
| Revenue | SAR 40.11 billion (+3.8%) |
| Gross profit | SAR 19.64 billion (+5.3%) |
| Operating profit | SAR 7.77 billion (+7.8%) |
| EBITDA | SAR 12.97 billion (+5.5%) |
| Net profit after excluding non-recurring items | +6.3% |
| Second-quarter dividend | SAR 0.55 per share, SAR 2.7 billion total |
The figures point to steady operational growth. During the period, operating profit grew faster than revenue, alongside improvements in gross profit and EBITDA.
What Does Excluding Non-Recurring Items Mean?
Financial results can sometimes include items that are not expected to recur regularly, such as exceptional gains or costs associated with a transaction, settlement, or revaluation. Excluding those items from a period-to-period comparison can help readers understand recurring business performance more clearly.
For STC, the reported 6.3% net-profit growth was calculated after excluding non-recurring items from both comparison periods. This measure should be distinguished from a general assessment of a stock or an investment decision, each of which requires broader information and analysis.
What Is Supporting STC's Activity?
The group operates beyond traditional telecommunications, with activity across digital infrastructure, cloud services, and technology solutions. According to the announcement, its customer base, network expansion, and digital services continued to develop during the first half of the year.
Key areas connected to this activity include:
- 5G and fiber networks that support connectivity, home services, and enterprise customers.
- Cloud computing and data centers for organizations moving to more flexible digital environments.
- Digital services, including financial and technology products and customer-experience services.
- Neutral infrastructure and satellite connectivity, areas linked to expanding coverage and developing new communications solutions.
What Could These Signals Mean for Job Seekers?
Positive financial results do not automatically mean there are open roles, and they should not be the sole basis for a career decision. They can, however, help job seekers understand where large telecom and technology companies continue to invest.
For people building a career in this sector, relevant skills may include:
| Area | Useful skills |
|---|---|
| Networks and telecom | 5G, fiber optics, network engineering, network operations |
| Cloud computing | Cloud architecture, DevOps, infrastructure management |
| Data and AI | Data analytics, data engineering, process automation |
| Cybersecurity | Network protection, identity management, incident response |
| Products and customer experience | Product management, customer analytics, digital-service improvement |
When applying for telecom or digital-services roles, do not only list skill names. Connect each skill to a clear achievement: a project you delivered, a service you improved, time you saved, or a measurable result you achieved.
How to Prepare a CV for Telecom and Technology Roles
A strong CV for this sector should be clear, easy to scan, and aligned with the job description. Start with these steps:
- Read the job description closely and identify role-specific keywords, such as networking, cloud, or project management.
- Present measurable achievements, such as service-availability improvements, user volume, or reduced request-processing time.
- Highlight relevant certifications and projects, especially those supporting the specialism you are targeting.
- Use an organized, ATS-friendly format so recruitment systems can read your information correctly.
If you are preparing for a role in telecom or technology, you can create a professional CV with Astr, then check its ATS compatibility before submitting it. The goal is not to fill a CV with keywords, but to present your genuine experience in a way that works for both recruiters and systems.
Frequently Asked Questions
How much did STC's net profit grow in the first half of 2026?
STC Group's net profit grew by 6.3% after excluding non-recurring items from the current and comparable periods.
How much revenue did STC report?
Revenue reached SAR 40.11 billion in the first half of 2026, up 3.8% from the same period of the previous year.
What was STC's second-quarter 2026 dividend?
The group announced a dividend of SAR 0.55 per share for the second quarter, for a total cash distribution of SAR 2.7 billion.
Do financial results mean STC has job openings?
No. Financial results are not a job announcement. They can help you follow investment areas in telecom and technology, but you should look for vacancies through official channels.
Conclusion
STC's first-half 2026 results show continued growth in revenue and operating profitability, with net profit rising 6.3% after non-recurring items were excluded. For job seekers, this news can be a helpful indicator of digital-sector direction, alongside following official vacancies and building a CV that highlights relevant skills and achievements.
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