e& Reports Consolidated Revenue of 19.4 Billion AED for Q1 2026, Achieving 15.1% Growth Year-on-Year
e& Reports Robust Q1 2026 Financial Performance
On April 29, 2026, e& announced a strong start to the year with impressive financial results for the first quarter. The company has demonstrated its resilience and capacity for growth, achieving a consolidated revenue of 19.4 billion AED, which marks a 15.1% increase compared to the previous year.
Financial Highlights
The Group's Financial CEO, Masood M. Sharif Mahmood, expressed confidence in their upward trajectory, citing substantial growth numbers. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) experienced a significant rise of 16.5%, reaching 8.6 billion AED. Additionally, the net profit reached 2.9 billion AED, representing a growth of 3.9%, adjusting previous figures for comparison.
The financial highlights of Q1 2026 compared to Q1 2025 are as follows:
- - Consolidated Revenue: 19.4 billion AED (Q1 2025: 16.9 billion AED) - 15.1% Increase
- - Net Profit: 2.9 billion AED (Q1 2025: 2.8 billion AED) - 3.9% Increase
- - EBITDA: 8.6 billion AED (Q1 2025: 7.4 billion AED) - 16.5% Increase
- - Total Subscribers: 248 million (Q1 2025: 189.6 million) - 30.8% Increase
- - Subscribers in UAE: 16.6 million (Q1 2025: 15.3 million) - 8.7% Increase**
This growth is indicative of e&'s ongoing efforts to innovate and adapt in an ever-evolving market, particularly enhanced by next-generation connectivity solutions and AI applications.
Market Position and Strategy
Despite regional economic shifts, e& has successfully maintained its leadership position in the telecommunications sector. Mahmood emphasized that their agile business model and proactive risk prevention strategy have fortified their capability to navigate challenges.
"Our flexible approach has allowed us to manage economic changes while continuing to meet our customers' needs," Mahmood noted, adding that their comprehensive digital services have enabled uninterrupted digital connectivity.
During the quarter, e& also expanded its global presence, leveraging international diversification to uphold growth momentum both domestically and abroad.
Commitment to Innovation
E& remains committed to delivering sustainable shareholder value while championing innovations that enhance customer experience. Their investment in advanced technological solutions highlights their commitment to being a key player in the digital economy, especially as they evolve alongside the UAE’s ambitious growth landscape.
The company’s strong performance reflects its dedication to seamless connectivity and the provision of uninterrupted digital services across various sectors, including education and remote work solutions.
Conclusion
Looking forward, e& anticipates continued growth, buoyed by its success in the first quarter of 2026. The leadership remains optimistic about sustaining this upward trend as they forge ahead with their objectives to enhance operational execution and customer satisfaction in the digital age. E&'s proactive measures and strategic positioning provide a solid foundation for future achievements in the dynamic telecommunications landscape.
For more information, you can visit their press contacts or access detailed data through their Investor Relations department.
Topics Telecommunications）
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