etisalat Q3 Net Profit Hits AED 11.2bn on Vodafone Stake Sale Gain
ABU DHABI – October 28, 2026 -- etisalat's consolidated net profit for the first nine months of 2026 rose 45.9% year-over-year to AED 17.2 billion, boosted by the completed sale of its entire Vodafone Group stake. Q3 net profit alone reached AED 11.2 billion.
Vodafone exit delivers AED 21.9 billion in consideration
The Vodafone divestment generated total consideration of AED 21.9 billion, including the final dividend, and a gain of approximately AED 8.0 billion. etisalat said the transaction adds financial flexibility.
Stripping out the gain, Q3 net profit was AED 3.2 billion with earnings per share of AED 0.37. Adjusted nine-month net profit was AED 9.2 billion, with EPS of AED 1.06.
Q3 revenue grows 6.9% to AED 19.5 billion
Consolidated revenue for the third quarter rose 6.9% year-over-year to AED 19.5 billion. Nine-month revenue reached AED 57.6 billion, up 10.0%.