Jarir Marketing’s estimated net income grew 15.3% y-o-y in 2Q 2025 to SAR 197.2 mn on the back of increased sales and improved income margins, it said in a disclosure to Tadawul yesterday. The figure beats analysts’ forecast of a SAR 178.1 mn net income, according to Argaam’s data.
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Revenue marginally slipped by 0.1% y-o-y to SAR 2.6 bn over the same period as video game sales dropped.
During 1H 2025, Jarir’s net income was up 6.2% y-o-y at SAR 414.5 mn, while revenue increased 1.3% y-o-y to SAR 5.4 bn. This was driven by growth in smartphone, computer, and tablet sales, as well as after-sales services.