#UAE #ADX - Presight AI Holding PLC, listed on Abu Dhabi Securities Exchange as ADX: PRESIGHT, today reported third-quarter profit after tax 31.0 percent to AED 144.5 million ($39.35m), as revenue rose 14.7 percent to AED 749.2 million ($204m). EBITDA climbed 27.7 percent to AED 168.3 million ($45.83m). The G42 group company has an order backlog of AED 4.41 billion ($1.2b), AED 2.0 billion ($540m) in cash and no debt. Presight’s growth came from UAE public safety programmes and energy AI business AIQ’s rollout of its ENERGYai platform across ADNOC’s upstream operations. New agreements in South Korea and Greece contributed to widen the company’s international reach.
SO WHAT? - Quarterly revenue is always at the mercy of contract timings and so fluctuations must be looked at in that context. However, comparing Presight’s data for the first nine months with past years tells a strong story. Revenue went from AED 1.17 billion during the first nine months of 2024 to AED 1.74 billion in 2025 and AED 2.15 billion in 2026, up about 84% comparing 2024 to 2026. EBITDA rose from AED 269 million (2024) to AED 471.0 million (2026), while pre-tax profit climbed from AED 313.8 million during the first nine months of 2024 to AED 463 million in 2026. This year’s 23.6% revenue growth sits inside the 20%-25% medium-term target, which makes the softer 14.7% third quarter a relatively small dip in a strong run.
KEY POINTS:
Presight AI Holding PLC (ADX: PRESIGHT) this week reported its third quarter and first nine months results for 2026. Nine-month revenue rose 23.6% to AED 2.15 billion ($590m), with EBITDA up 24.8% to AED 471.0 million ($128m) and profit after tax up 23.5% to AED 395.2 million ($107.6m).
AIQ contributed AED 184.9 million ($50.4m) of third-quarter revenue, or 24.7% of group income. A favourable mix across Presight and AIQ, plus cost control, lifted the EBITDA margin to 22.5% from 20.2% in the third quarter of 2025.
Order backlog stood at AED 4.41 billion ($1.2b) on 30 September 2026, up 19.4% year-on-year. Presight carries no debt and holds AED 2.0 billion ($270m) in cash and cash equivalents, which leaves room to fund expansion abroad.
In the UAE, Presight won two new government agreements for public safety and security. It also signed a co-operation agreement with the Abu Dhabi Hazardous Materials Management Centre to deploy agentic AI for risk detection, monitoring and decision-making.
In Kazakhstan, Presight signed a memorandum of understanding with the Ministry of Artificial Intelligence and Digital Development and Kazakhtelecom on national digital infrastructure, and a letter of intent with the Ministry of Transport. It also won a long-term contract to develop and run Digital Smart Airport Astana at Nursultan Nazarbayev International Airport.
In South Korea, Presight signed memoranda of understanding with Gyeonggido Business & Science Accelerator and Dtonic Corporation. The agreements set out to explore cross-border AI collaboration, smart-city projects and AI-enabled data infrastructure.
An October 2026 memorandum of understanding with Greece’s Ministry of Digital Governance aims to explore AI-powered urban analytics for waste management and water network monitoring. Presight calls it part of a land-and-expand approach in the Balkans, and a test in EU-regulated markets.
AIQ began its first international commercial deployment in India and is running pilots in eight more markets outside the UAE. Its Genesis operating system for energy AI agents is in pilot in Kuwait, India, Malaysia and Vietnam.
Presight expects full-year revenue, EBITDA and profit after tax in the mid-to-upper end of analyst expectations. It reiterates its 2025-2029 targets of 20%-25% revenue CAGR, 23%-28% EBITDA CAGR and 21%-26% profit after tax CAGR.
ZOOM OUT - Set against Presight’s third quarter of 2025, revenue growth held at a similar pace for the quarter in 2026 (15.3% then, 14.7% now), but profit moved differently. A year ago, net profit rose only 1.1% to AED 110.3 million after absorbing higher corporate tax. This year it jumped 31.0% to AED 144.5 million. EBITDA climbed from AED 131.8 million to AED 168.3 million. Backlog grew from AED 3.7 billion to AED 4.41 billion, and AIQ’s revenue from AED 155.7 million to AED 184.9 million.
[Written and edited with the assistance of AI]
Source: Presight, MEAIN
Read past Presight results news:
Presight Q2 revenue jumps 36% to AED 713 million (Middle East AI News)
Presight posts 22.2% revenue growth in first quarter (Middle East AI News)
Presight reports 36.9% revenue growth for 2025 (Middle East AI News)
Presight reports 48.8% growth in first 9 months (Middle East AI News)
Presight record H1 revenue exceeds AED 1 billion (Middle East AI News)