Salik H1 2026 results: AED 704m net profit as active accounts rise to 2.9m
Salik H1 2026 results: AED 1.412bn revenue, AED 704m net profit and 69.1% EBITDA margin. Active accounts rose to 2.9m as traffic neared normal in June.
Salik reported robust first-half 2026 results, with revenue of AED 1.412 billion and a net profit of AED 704 million for the six months ended 30 June 2026. The company cited an EBITDA of AED 975.6 million, equivalent to a 69.1% margin, underscoring strong profitability in the first half. Management attributed the performance to Dubai’s resilient economic model, operational discipline and a rebound in traffic toward June. The results mark a pronounced recovery phase for Salik as the business expands its digital payments footprint.
Salik posts AED 704 million net profit in H1 2026
Salik delivered a net profit of AED 704 million in the first half of 2026, representing a net margin of 49.9%. The company said this outcome reflects the sustainability of its business model amid shifting short-term operating conditions. Chair Matar Al Tayer noted the figures demonstrate both the resilience and the cash-generative nature of Salik’s operations. The strong bottom-line was presented as evidence of continued investor and public confidence in the toll operator.
Revenue, EBITDA and profit margins
Total revenue for H1 2026 reached AED 1.412 billion, while earnings before finance costs, taxes, depreciation and amortisation stood at AED 975.6 million. That EBITDA level equates to a 69.1% margin, signalling tight cost control and high operational leverage. Management highlighted disciplined financial stewardship and efficient execution as drivers of the elevated margins. These metrics position Salik among highly profitable infrastructure service providers in the region.
Traffic recovery and trip volumes
Salik recorded a total of 383.8 million trips across toll points in the first half of the year, with a visible recovery trend in the second quarter. The company reported improving traffic patterns in April and May, culminating in June volumes that approached near‑normal levels versus the previous year. Chief Executive Ibrahim Sultan Al Haddad said the second quarter marked the beginning of a sustained recovery in mobility. While near-term fluctuations remain possible, the trajectory through June reflected renewed movement across Dubai’s road network.
Growth in active accounts and user adoption
Active user accounts rose to 2.9 million during H1 2026, a milestone Salik cited as evidence of growing trust in its platform. The expansion of the active account base supports predictable revenue streams and enhances the company’s ability to roll out new digital services. Management emphasised that account growth underpins long-term revenue visibility and offers opportunities to cross-sell value-added features. Higher account penetration also helps Salik smooth seasonal and operational variances in trip activity.
Dubai Airports partnership and digital payments expansion
A key strategic development during the period was a 10‑year agreement with Dubai Airports to enable seamless parking payments through Salik’s digital wallet. The service, applied across Terminals 1, 2 and 3 and the cargo terminal, was implemented from 22 January 2026. Salik said the integration expands its payments ecosystem and creates a new channel for customer engagement. Executives described the deal as part of a broader effort to diversify revenue streams by extending the company’s digital mobility and payments portfolio.
Management view on long-term demand drivers
Company leadership underlined Dubai’s sustained population growth and ongoing urban development as core long-term demand drivers for Salik. Both board and executive management pointed to continued economic expansion and infrastructure investment in Dubai as foundations for future traffic growth. Salik indicated it is positioning to benefit from secular increases in vehicle journeys tied to population and commercial growth. At the same time, the company acknowledged that short-term operating conditions may continue to evolve and that management will maintain financial discipline.
Looking ahead, Salik intends to capitalise on its strong margins, expanding account base and new commercial partnerships to fuel sustainable growth. The company remains focused on extending its digital services, optimising operational efficiency and preserving cash generation. Investors and stakeholders will be watching subsequent traffic trends and the rollout of additional services as the authority navigates the next phase of mobility demand in Dubai.
