Posted inEARNINGS WATCH

Taaleem’s net income grew in 2Q 2026, as steady enrolment at premium schools and a diversified student body helped keep it stable

New school launches and Taaleem's takeover of a controlling stake in Kids First Group last summer helped prop up the results

A larger premium student body boosts Taaleem’s earnings: Education provider Taaleem saw a 21% y-o-y growth in its bottom line in 2Q 2026 — or 3Q, according to its financial year, which ends in August — to AED 105.6 mn on the back of an uptick in student enrolment at its premium schools, according to its earnings release (pdf) and financials (pdf). Its revenue grew 19.2% y-o-y to AED 399.8 mn.

On a 9M basis: It posted AED 1.2 bn in revenue for 9M FY 2025/26, backed by an 11.5% y-o-y uptick in student enrolment at its new premium schools. The provider’s bottom line rose 9% y-o-y to AED 283.2 mn.

Behind the results: New school launches in DBS Mira and DBS Islands helped push up numbers by 18.6k pupils in its premium segment, its largest revenue contributor, helping to offset a dip in enrolment for its public-private partnership schools. Also boosting results, as in 1Q, was the provider’s takeover of a controlling stake in Kids First Group last summer, which added AED 10.7 mn to its earnings.

The conflict hasn’t had a major impact on Taaleem, with the school operator noting a 99% teacher retention rate, while its 50/50 split of foreign and UAE national pupils helped keep business steady. KFG, its early years platform, saw the greatest hit to enrollment due to the “limited suitability of remote learning for early-years education and its monthly fee collection model,” the company said. Enrolment recovered, however, to around 82% of pre-conflict levels by mid-June, it added.

Going forward: Sign-ups for its summer school programs are up y-o-y so far, the company said. Its plans to open Harrow International School Dubai at the end of August are still on track and are set to provide forward visibility for future earnings, CEO Alan Williamson said.