What was Aramco's net profit in Q1 2026?

Aramco's net profit was $32.5 billion in Q1 2026, up 25% from $26 billion in Q1 2025.

What caused Aramco's profit rise in Q1 2026?

The rise was mainly due to higher oil prices after the Strait of Hormuz was effectively closed by war, and increased exports via an alternative pipeline.

How did the war affect Aramco's exports via the Strait of Hormuz?

The war disrupted shipping through the strait, but Aramco increased exports via an alternative pipeline bypassing it.

Saudi Aramco Q1 2026 Profit Surges 25% on Higher Exports

Q: Did Aramco issue guidance for the next quarter?

Aramco did not issue formal guidance for the next quarter.

Saudi Aramco reported a 25% rise in Q1 2026 net profit to $32.5 billion, driven by increased exports via a pipeline bypassing the Strait of Hormuz amid Middle East war disruptions.

Saudi Arabian Oil Co. (Aramco), the world's top oil exporter, posted a net profit of $32.5 billion for the three months ending March 31, 2026, up 25% from $26 billion in the same period last year. The surge was fueled by higher exports through an alternative pipeline that bypasses the Strait of Hormuz, after war in the Middle East disrupted shipping via the vital waterway.

Key Financial Results

Metric	Q1 2026	Q1 2025	Change
Net Profit	$32.5B	$26.0B	+25%
Revenue	N/A	N/A	-
EPS	N/A	N/A	-

Highlights from the Report

Aramco attributed the strong profit growth to higher global oil prices after Iran effectively closed the Strait of Hormuz on February 28, 2026, following the start of the war with the U.S. and its allies. The alternative pipeline helped maintain export flows.

Future Guidance

Aramco did not issue formal guidance for the next quarter, but geopolitical uncertainty is expected to continue supporting oil prices.

Impact on the Stock

No direct impact on Aramco's stock (2222) was mentioned in the report, but the strong earnings are likely to boost investor confidence.

What This Means for Investors

Aramco's robust results demonstrate resilience amid geopolitical turmoil, reinforcing its status as a safe haven in the energy sector. However, investors should monitor developments in the Middle East conflict and its potential impact on global oil demand.