Saudi Aramco Reports 25% Profit Surge Amid Global Energy Crisis

May 11, 2026

Saudi Aramco reported first-quarter 2026 net profit of $32.5 billion, a 25.5% increase from $25.4 billion in the same period of 2025, as the Strait of Hormuz crisis drove oil prices higher. Sales rose to $114.9 billion. The company attributed much of its performance to full utilization of its East-West Crude Oil Pipeline, which operates at maximum capacity of 7 million barrels per day and bypasses the Strait by transporting oil to the Red Sea.

Q1 2026 financial results

▪Saudi Aramco's cash flow reached $30.7 billion in the first quarter of 2026.
▪Saudi Aramco's sales rose to $114.9 billion in the first quarter of 2026 from $107.6 billion a year earlier.
▪Saudi Aramco's first quarter 2026 net profit marked a 25.5 percent increase from the 95.68 billion riyals ($25.4 billion) recorded during the same period in 2025.
▪Saudi Aramco reported a net profit of 120.13 billion Saudi riyals ($32.5 billion) for the first quarter of 2026.

East-West Pipeline operations

▪Saudi Aramco attributed much of its improved first quarter 2026 performance to the full utilisation of its East-West Crude Oil Pipeline.
▪Saudi Aramco's East-West Crude Oil Pipeline bypasses the Strait of Hormuz by transporting oil to the Red Sea.
▪Saudi Aramco's East-West Crude Oil Pipeline operates at its maximum capacity of 7 million barrels per day.
▪Saudi Aramco CEO Amin Nasser described the East-West Crude Oil Pipeline as a critical supply artery helping ease the effects of shipping disruptions linked to regional conflict.