Presight's Q2 Profit Rises 30% Amid AI Contract Growth

Aug 12, 2026

45 min

Aug 12, 2026 05:31

Presight Q2 profit jumps 30% to Dh116.8 million as AI contracts build

## Strong Financial Performance

Presight, an AI and big data analytics company, reported a significant 30.2% increase in profit for the second quarter, reaching Dh116.8 million. This growth was driven by a 36.1% rise in revenue to Dh713.2 million and a 37.4% increase in EBITDA to Dh143.7 million.

## Domestic and International Expansion

The company secured Dh2.5 billion in domestic orders, including renewals and new contracts in areas such as public safety and defense. Internationally, Presight saw a 19.1% increase in revenue during the quarter, with notable growth in regions like Kazakhstan and Africa.

## Future Outlook

Presight ended the first half of the year with a Dh4.9 billion order backlog, providing strong revenue visibility. The company remains debt-free with Dh2 billion in cash reserves. Looking ahead, Presight aims for substantial growth in revenue and profit over the next few years, maintaining its leadership in AI solutions.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents

LinkedIn X Facebook WhatsApp Telegram