# e& reports AED 19.4 billion consolidated revenue, with 15.1% YoY growth in Q1 2026

- Link: https://www.thailand-business-news.com/pr-news/e-reports-aed-19-4-billion-consolidated-revenue-with-15-1-yoy-growth-in-q1-2026
- Published: 2026-04-28T23:46:00+07:00
- Author: PR Newswire

◦ _"e& continues to deliver growth, with consolidated revenues of AED 19.4 billion
   and EBITDA of AED 8.6 billion, marking year-on-year increases of 15.1% and 16.5%,"
   says GCEO Masood M. Sharif Mahmood _
 ◦ _Consolidated net profit reached AED 2.9 billion, with 3.9%^(*) per cent YoY 
   growth ___(*excluding the gain from the sale of Khazna in Q1 2025)_
 ◦ _Consolidated Group subscribers reached 248.0 million_
 ◦ _e& UAE subscribers increased to 16.6 million_

ABU DHABI, UAE, April 29, 2026 /PRNewswire/ — e& reported a strong start to 2026,
with robust Q1 financial results, asserting the Group’s leadership in shaping the
digital landscape and consolidating its position as a leading global group. 

 [⌊Masood M Sharif Mahmood Group Chief Executive Officer of e&⌉](https://mma.prnasia.com/media2/2968076/Masood_M__Sharif_Mahmood.jpg?p=medium600)

Masood M Sharif Mahmood Group Chief Executive Officer of e&

The Group’s consolidated revenue reached AED 19.4 billion, reflecting 15.1 per cent
year-on-year (YoY) growth, while consolidated net profit reached AED 2.9 billion,
with 3.9 per cent YoY growth (excluding the gain from the sale of Khazna). EBITDA
grew by 16.5 per cent YoY, reaching AED 8.6 billion.

The Group’s subscriber base maintained its upward trajectory with a 30.8 per cent
YoY growth, reaching 248.0 million subscribers. In its home market, e& UAE maintained
its strong performance, with its subscriber base reaching 16.6 million, supported
by the adoption of next-generation connectivity solutions and AI applications, which
are now a vital part of customer experience.

**Financial Highlights for Q1 2026**

  |   |

**Q1 2026**

  |

**Q1 2025**

  |

**Per cent change**

  |  
 |

**Consolidated Revenue**

  |

AED 19.4 billion

  |

AED 16.9 billion

  |

15.1 %

  |  
 |

**Consolidated Net Profit**

  |

AED 2.9 billion

  |

AED 2.8 billion (*)

  |

3.9 %

  |  
 |

**EBITDA**

  |

AED 8.6 billion

  |

AED 7.4 billion

  |

16.5 %

  |  
 |

**Total Group Subscribers**

  |

248.0 million

  |

189.6 million (**)

  |

30.8 %

  |  
 |

**e& UAE Subscribers**

  |

16.6 million

  |

15.3 million

  |

8.7 %

  |

**(\*) **Q1 2025 net profit excluding the gain from the sale of Khazna of total 
AED 2.6bn

**(\*\*) **Adjusted for Maroc Telecom reported number

**Masood M. Sharif Mahmood, Group Chief Executive Officer of e&, said**: "Despite
economic and regional changes, our agile business model has proven e&’s inherent
strength and great ability to navigate challenges. Our proactive risk-preparedness
approach and international diversification have enabled us to maintain our growth
momentum in our home market and internationally; a testament to e&’s agility and
resilience in operating under adverse circumstances.

Today, we stand firmly on a solid foundation with a strong track record that gives
us full confidence in e&’s ability to continue its upward trajectory. Throughout
recent regional challenges, e& remained steadfast in fulfilling its national role
by enabling business continuity, ensuring network resilience, supporting remote 
work and education systems, and harnessing our technological capabilities to guarantee
seamless connectivity and uninterrupted digital services for all and under different
circumstances.

Our strong financial performance in the first quarter of 2026 reflects the success
and resilience of our operations, underpinned by our commitment to creating sustainable
shareholder value. We continued to deliver growth, with consolidated revenues of
AED 19.4 billion and EBITDA of AED 8.6 billion, marking year-on-year increases of
15.1% and 16.5% respectively. This performance reinforces our position as a driving
force in the region’s digital economy and a leading enabler of future-defining intelligent
solutions.

We remain deeply inspired by the UAE’s visionary leadership, which has fostered 
a stable, growth-oriented environment while remaining agile and resilient in even
the most challenging circumstances, enabling us to thrive and strive for more with
confidence to keep delivering continuous success."

Media contact:  
Nancy SudheerSenior Manager[nsudheer@eand.com](https://www.thailand-business-news.com/pr-news/nsudheer@eand.com)
+971 50 705 5290

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