Riyad Capital forecasts SAR 673 million SABIC loss. SABIC stock has October 26 results ahead

Published on 10/16/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SABIC posted SAR 24.8 billion revenue in the second quarter of 2026. SABIC stock faces a SAR 414 million loss forecast before October 26 results.

Earnings pressure and capacity plans

Riyad Capital projected a SAR 673 million loss for the third quarter on October 12, 2026.
Second-quarter revenue reached SAR 24.8 billion, while net income was a SAR 75.8 million loss.
SABIC's next reported results are scheduled for October 26, 2026.

SABIC, SA0007879121, Illustration mit AI erstellt.

SABIC (ISIN SA0007879121) faces a projected SAR 673 million net loss for the third quarter, according to Riyad Capital's October 12, 2026 forecast. The company is scheduled to publish its results on October 26, giving the estimate a clear near-term test.

Loss forecasts set the earnings bar

Argaam reported that Riyad Capital expected a SAR 673 million loss for SABIC in the third quarter. A separate Argaam report dated October 11, 2026 said SNB Capital projected a SAR 414 million loss, showing a wide spread among current estimates.

SABIC entered the period with weaker reported profitability. In the second quarter of 2026, revenue was SAR 24.81 billion and net income was a SAR 75.82 million loss, compared with revenue of SAR 26.15 billion and net income of SAR 13.20 million in the first quarter, according to the financial figures summarized by Simply Wall St. The quarter-on-quarter comparison points to pressure on earnings even as the company continued to generate substantial sales.

Three dates shape the earnings story

On March 13, 2026, SABIC's fiscal year 2025 revenue was reported at SAR 116.5 billion. On August 6, 2026, second-quarter revenue was reported at SAR 24.8 billion alongside a SAR 75.8 million net loss. On October 12, 2026, Riyad Capital projected a SAR 673 million third-quarter loss, the latest figure in the sequence.

When does the next report arrive?

Simply Wall St lists October 26, 2026 as SABIC's next reporting date. That release will show whether the third-quarter result moved closer to the SAR 673 million or SAR 414 million estimate.

Capacity adds a longer-term counterpoint

SABIC's Fujian Gulei joint venture has started trial production at new polyolefin units, with official operation expected in November 2026, ChemNet reported on October 13, 2026. The project has a stated total investment of USD 6.4 billion, and SABIC Industrial Investment Company holds 51 percent of the joint venture. The capacity milestone offers an operating development to weigh against the immediate earnings pressure.

Stock trades in Saudi riyals

On Tadawul, SABIC was last at SAR 44.56 on October 15, 2026 at 3:19 p.m. AST. The company operates across chemicals, polymers, plastics and agri-nutrients, with its investor-relations material describing operations across more than 140 countries through Chemicals, Polymers and Agri-Nutrients businesses.