Freight Forwarding leading Aramex’s growth in Q3
Aramex today announced its financial results for the third quarter and nine-month period ended 30 September 2026. The company has set a new quarterly revenue record for the second consecutive Quarter at AED 1.98 Billion, Led by Freight Forwarding growth.
| In Thousands of UAE Dirhams | Q3
2026 |
Q3
2025 |
% Change
(YoY) |
Sep YTD
2026 |
Sep YTD
2025 |
% Change
(YoY) |
| Revenues | 1,981,414 | 1,599,074 | 24% | 5,411,580 | 4,659,781 | 16% |
| Gross Profit
Gross Profit Margin |
415,144
21.0% |
370,266
23.2% |
12% | 1,149,422
21.2% |
1,064,206
22.8% |
8% |
| EBIT
EBIT Margin |
93,789
4.7% |
64,123
4.0% |
46% | 232,878
4.3% |
141,157
3.0% |
65% |
| EBITDA
EBITDA Margin |
189,808
9.6% |
163,834
10.2% |
16% | 514,171
9.5% |
415,580
8.9% |
24% |
| Net Profit
Net Profit Margin |
47,810
2.4% |
5,212
0.3% |
817% | 112,201
2.1% |
13,066
0.3% |
759% |
Amadou Diallo, Group Chief Executive Officer, said: “Delivering our highest quarterly revenue for the second consecutive quarter marks another important milestone for Aramex. Following the record performance achieved in Q2, we have continued this momentum into Q3, with Freight Forwarding once again leading our growth. The improvement in profitability also reflects our continued focus on disciplined execution, operational efficiency and strengthening the Company’s financial performance.
Throughout the quarter, our teams remained focused on meeting customer requirements and delivering reliable services across our network. Our diversified operating model and multimodal capabilities continue to provide the flexibility needed to respond to changing market conditions and evolving customer needs. I would like to thank our people for their dedication, adaptability and continued commitment to serving our customers.
We remain focused on advancing Accelerate28 and embedding greater efficiency and accountability across our operations. The progress achieved during the year reinforces our confidence in the direction of our transformation program as we continue strengthening our capabilities, improving profitability and positioning Aramex for sustainable long-term growth.”
Financial Performance Commentary
Aramex delivered its highest quarterly revenue in the Company’s history for the second consecutive quarter, with Group revenue reaching AED 1.98 billion in Q3 2026, an increase of 24% year-on-year (YoY). The performance surpassed the previous record achieved in Q2 2026, when revenue reached AED 1.83 billion, reflecting continued growth momentum. Group revenue for the first nine months of 2026 reached AED 5.41 billion, up 16% compared with the corresponding period last year.
Freight Forwarding remained the primary driver of Group revenue growth, delivering another record quarter in Q3 2026, following the milestone achieved in Q2 2026. Sustained customer demand, pricing discipline and the Company’s diversified multimodal offering continued to support performance, alongside solutions tailored to customer requirements.
Additionally, Aramex maintained uninterrupted services during Q3 2026, leveraging its established network and flexible routing capabilities to support customer supply chains. Alternative Europe-to-Middle East land routes and air and sea charter capacity continued to provide transportation options, while proactive commercial measures helped address operating pressures across relevant markets.
Revenue growth extended across all four business segments during Q3 2026, with Domestic Express, International Express and Logistics & Supply Chain Solutions, all recording year-on-year increases.
Group Gross Profit increased 12% YoY to AED 415 million in Q3 2026, while Gross Profit for the first nine months reached AED 1.15 billion, up 8% compared with the corresponding period last year. Gross Profit Margin stood at 21.0% for the quarter, compared with 23.2% in Q3 2025, while the nine-month margin was 21.2%, compared with 22.8% in 9M 2025. The year-on-year margin movement reflected a change in the Group’s business mix, with a higher contribution from Freight Forwarding.
Continued revenue growth, alongside management of operating costs and overheads, supported improved profitability in Q3 2026. EBIT increased 46% to AED 94 million, while Net Profit rose 817% to AED 48 million, compared with Q3 2025 results.
For the first nine months of 2026, EBIT increased 65% to AED 233 million compared with the 9M 2025 period, with EBIT Margin expanding to 4.3% compared with 3.0% in the prior-year period. Net Profit reached AED 112 million, an increase of 759% from the corresponding AED 13 million in 9M 2025. The improvement reflects stronger operating profitability during the year, supported by continued cost management and the Company’s focus on executing its transformation priorities.
Overall, Aramex’s Q3 2026 performance was supported by revenue growth across all four business segments, improved profitability and continued operational resilience. The results reflect the Company’s diversified business model and its ability to respond to evolving customer requirements.
