KD 342.5 mn stc’s revenues for the financial year ended 31 December 2025 with KD 34.1 mn net profit

Kuwait Telecommunications Company (stc) a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financial results for the financial year ended 31 December 2025, highlighting the most significant achievements as well as the financial and operational performance.

In this regard, Eng. Muataz Abdullah Aldharrab, the company’s CEO, stated: “By the grace of Allah, Kuwait Telecommunications Company (stc) delivered an outstanding financial and operational performance during 2025, driven by a strategic approach focused on enhancing the quality of growth and achieving operational excellence. Throughout the ongoing global economic and geopolitical challenges, stc has successfully reinforced its market leadership and sustained its market share in a highly competitive environment. stc also adopted a flexible operating model that supports internal business developments and the expansion of integrated technology solutions and advanced, innovative products that meet the expectations of both individual and enterprise customers. stc refined its strategic plans to deliver added value and sustainable returns to its shareholders, supported by the accelerating global demand for digital services and the 5G Advanced technologies.”

Commenting on stc’s key achievements during the fourth quarter of 2025, Eng. Aldharrab, stated: “During the fourth quarter of 2025, stc completed several projects supported by the 5G Advanced services. This reflects the company’s excellence, its keenness to accelerate digital transformation and its continued commitment to delivering the latest innovative and advanced digital services as well as products that meet the needs of both consumer and enterprise customers. stc remains focused on enhancing digital experience in line with the rapid developments in the telecom and ICT sectors. These efforts were demonstrated by receiving the “Best Digital Transformation Company” and “Best Digital Workplace & Employee Experience” awards in Kuwait for 2025”.

It is worth highlighting that stc has adopted artificial intelligence to enhance the efficiency of its internal operations and improve the quality of its services, thereby creating new opportunities across various sectors. AI solutions have also contributed to improving customer experience through process automation, faster response times, and more accurate handling of requests, in addition to boosting operational efficiency through advanced data analytics and proactive network management.

stc also takes pride in adhering to best practices in corporate governance in accordance with the highest local and international standards, through a comprehensive governance framework that is considered among the strongest in the telecommunications sector. This framework underscores the company’s commitment to transparency, the protection of shareholders’ and stakeholders’ rights, and the sustainability of performance and business quality over the long term. This well-established approach was further recognized by stc being awarded, for the second consecutive year, the “Best Telecommunications Company in Corporate Governance – 2025,” reaffirming its leadership and excellence in this field.

Furthermore, the Corporate Affairs sector was recognized with the ‘Best Leadership in Compliance and Corporate Governance Initiatives – Telecommunications Sector 2025’ award, highlighting its leadership in embedding robust compliance and corporate governance practices across the company.”

Commenting on the financial results for the financial year ended 31 December 2025, Eng. Muataz Aldharrab stated: "stc achieved good financial performance during the financial year ended 31 December 2025, supported by sustainable growth across its various operating segments. Total revenues reached KD 342.5 million, recording a growth of 1.8% in 2025, compared to KD 336.5 million in the previous year. This growth was driven primarily by higher revenues from the Consumer segment, which accounted for 77.8% of total revenues. In addition, the Enterprise segment contributed 22.2% of total revenues, supported by ongoing efforts to enhance the company’s business model, expand digital services, and deliver integrated technology solutions that meet the needs of businesses across various sectors.”

Aldharrab added: “These results led to a 9.6% increase in EBITDA, reaching KD 93.5 million for the financial year ended 31 December 2025, marking the highest level achieved in several years, compared to KD 85.3 million in 2024. This improvement was supported by higher revenues and enhanced operational efficiency.

Net profit amounted to KD 34.1 million (earnings per share of 34 fils), reflecting a growth rate of 8.7% during 2025, compared to KD 31.4 million (earnings per share of 31 fils) in 2024. This resilient financial performance reflects the company’s success in managing costs effectively, striking a balance between improving the quality of its operations and capturing promising future investment opportunities, while benefiting from the accelerating pace of digital transformation in the local and regional markets.

Furthermore, these results, together with the company’s continued focus on efficiency and innovation, highlight stc’s ability to enhance profitability and achieve sustainable growth. It is worth noting that stc’s customer base reached 2.3 million customers by the end of December 2025.”

Commenting on the company’s financial position as of December 31, 2025, Aldharrab stated: "Total assets amounted to KD 479.2 million as at 31 December 2025, while total shareholders’ equity stood at KD 239.6 million, reflecting the company’s strong financial position and the stability of its capital structure.

The Board of Directors has recommended the distribution of cash dividends to shareholders of 38 fils per share, representing 38% of the nominal value of the share, for the year 2025. This recommendation is subject to the approval of the company’s Ordinary General Assembly. The decision was based on stc’s confidence in the continued development of its business, the robustness of its financial position, and the strength of its cash flows.”

Aldharrab also affirmed: “stc is keen to periodically review and update its financial strategy to enable the implementation of its strategic plans and projects as well as keeping pace with global developments in the telecom and ICT sectors. This enhances the company’s ability to seize growth opportunities that expand its product and service portfolio, while preserving a solid solvency and operational resilience across different market environments.

stc was able to achieve revenue diversification and enhance its financial as well as operational efficiency through the effective integration of its financial strategy with its corporate strategy. This alignment enables the company to implement precise financial planning that supports its strategic initiatives, strengthens its ability to respond to market challenges, and capitalize on potential opportunities, while ensuring sustainable financial performance and delivering added value to shareholders. In parallel, stc continues to invest in its human capital, and is keen on building a workplace that fosters trust, collaboration and growth. Consequently, stc also relies on monitoring key performance indicators to assess the outcomes of its strategic investments and evaluate operational efficiency, leveraging its innovative digital services.

Furthermore, stc is committed to applying the highest standards of governance and internal control, while fostering a culture of transparency and institutional efficiency. This commitment ensures business continuity and reinforces the Company’s ability to maintain market leadership and institutional excellence within a dynamic environment characterized by ongoing challenges and change.”