How much did Aramco earn in Q1 2026?

Adjusted net income rose 26% year-over-year, but the absolute figure has not been disclosed.

Why did Aramco beat expectations?

Due to operational resilience despite the near-total closure of the Strait of Hormuz, allowing it to maintain production.

What is the impact of the Strait of Hormuz closure on Aramco?

It threatens global oil supplies, but Aramco has so far maintained stable production levels.

Did Aramco provide guidance for the next quarter?

No specific numerical guidance was given, but it reaffirmed continued investment in production capacity.

Aramco Q1 2026 Earnings Beat Estimates as CEO Warns on Iran War

Saudi Aramco (Ticker: 2222) posted a 26% rise in adjusted net income for Q1 2026, surpassing analyst estimates. The strong performance came as the Strait of Hormuz remains nearly shut due to geopolitical tensions.

Saudi Arabian Oil Co. (Aramco, ticker: 2222) reported a 26% year-over-year increase in adjusted net income for the first quarter of 2026, beating analyst expectations. The results come amid the near-total closure of the Strait of Hormuz, a critical chokepoint for global oil shipments.

Key Financial Results

Metric	Q1 2026	YoY Change
Adjusted Net Income	Not disclosed	+26%
Revenue	Not disclosed	-
EPS	Not disclosed	-

Note: Absolute figures were not provided in the initial announcement.

Highlights from the Statement

CEO Amin Nasser attributed the strong performance to the company's operational resilience despite geopolitical challenges. He warned that the near-total closure of the Strait of Hormuz threatens global oil supplies, but Aramco has maintained stable production levels.

Guidance

Aramco did not provide specific numerical guidance for the next quarter, but Nasser reiterated the company's commitment to investing in production capacity to meet global demand.

Stock Impact

Aramco shares edged higher following the announcement, though trading remained volatile due to geopolitical concerns. The stock is up about 8% year-to-date.

What This Means for Investors

The results underscore Aramco's financial strength and ability to navigate crises. However, investors should monitor developments in the Strait of Hormuz, as any escalation could impact future production.