Saudi Tadawul Group (STG), which operates the Saudi stock exchange, recorded a double-digit decline in net profit for the full year of 2025, mainly due to lower trading activity.
Total net profit amounted to SAR 395.6 million ($105.5 million), down 36.4% year-on-year.
Operating revenue decreased by 12.8% to SAR 1.26 billion due to lower transaction volumes year-on-year, and EBITDA decreased by 32.2% to SAR 438.5 million.
The exchange operator said the decrease in operating revenue was partially offset by an increase in revenue from non-trading services.
The Saudi Exchange was ranked the 13th largest stock exchange in the world in 2025, with a market capitalization of R8.86 trillion.
The average daily transaction value (ADTV) was R5.21 billion.
In 2025, the Group’s Capital Markets division had revenues of SAR 373.7 million and its Post-Trade Services division revenues of SAR 638.7 million. The Data and Technology Services segment posted strong growth with sales of 248.9 million, reflecting increased demand for market data, connectivity and infrastructure services.
Khalid Abdullah Al-Husan, CEO of the Engineering Group, said: “Improving capital market efficiency remains a top priority and is supported by advanced technology systems and a robust risk management framework.”
In 2025, Tadawul launched a fixed income market-making framework to strengthen bond market liquidity, expand institutional access through the launch of OTC clearing services for listed fixed income products and repurchase transactions, and introduced Saudi Depositary Receipts (SDRs) as a strategic initiative to strengthen integration and international connectivity.
The Data Hub is a new platform rolled out through the Group’s subsidiary and innovation arm, WAMID, that aims to support institutional decision makers with accurate and comprehensive data across the capital markets ecosystem.
(Written by Cleofe Maceda; Edited by Seban Scaria) seban.scaria@lseg.com
