Aramco Achieves $33.4 Billion Profit in Second Quarter and $67.2 Billion in First Half

Saudi Aramco announced a net profit of $33.4 billion in the second quarter of 2026, bringing the first-half total to $67.2 billion, reinforcing its position among the world's most profitable companies.

August 29, 2026
Aramco Achieves $33.4 Billion Profit in Second Quarter and $67.2 Billion in First Half

Saudi Aramco announced a net profit of $33.4 billion for the second quarter of 2026, bringing the company's cumulative profits in the first half of the year to $67.2 billion.

These record figures confirm Aramco's position as one of the most profitable companies globally, amid rising oil prices and sustained global demand for hydrocarbons.

Aramco's outstanding results reflect the company's ability to generate massive returns even amid structural shifts in the global energy sector, thanks to its low production costs and vast oil reserves.

Aramco remains the main pillar of the Saudi economy and a key source of funding for Vision 2030, making its financial performance the most crucial benchmark for the macroeconomic stability of Saudi Arabia.

What do these terms mean?

Net Profit: The net earnings generated by a company after deducting all costs, taxes, and expenses; it is the most accurate metric for measuring a company's actual profitability.

Quarter (Q2): Three consecutive months representing a quarter of the year, with the second quarter extending from April to June. Major companies release their financial results to investors every quarter.

Hydrocarbons: Chemical compounds consisting of carbon and hydrogen, including crude oil and natural gas, which form the primary base of Saudi Aramco's operations.

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