DEWA Reports Record AED25.74 Billion Revenue in 2026

DEWA Reports Record AED25.74 Billion Revenue in First Nine Months of 2026

Dubai Electricity and Water Authority has reported record financial results for the first nine months of 2026, with revenue reaching AED25.74 billion and profit after tax climbing to AED7.63 billion.

The results reflect continued demand for electricity and water services as Dubai expands its residential, commercial and industrial infrastructure.

DEWA announced that revenue increased by 3.3 per cent compared with the same period in 2025, when it recorded AED24.92 billion.

Profit after tax rose by 11.7 per cent from AED6.83 billion.

Profitability and operating performance

The utility reported earnings before interest, taxes, depreciation and amortisation of AED13.43 billion during the nine-month period.

Operating profit reached AED8.52 billion, while cash generated from operations totalled AED14.59 billion.

The figures highlight the scale of the company's operations and its role in supporting essential services across the emirate.

Third-quarter performance remains strong

During the third quarter, DEWA generated revenue of AED10.87 billion, an increase of 5.4 per cent compared with the same period last year.

Profit after tax reached AED4.30 billion, rising 9.2 per cent year on year.

The company also reported quarterly EBITDA of AED6.11 billion.

Clean energy generation increases

DEWA's operational results also reflected progress in clean electricity generation.

Gross electricity generation reached 21.37 terawatt-hours in the third quarter, compared with 20.53 terawatt-hours in the corresponding period of 2025.

Clean energy generation increased by approximately 16.3 per cent to 3.22 terawatt-hours, representing 15.1 per cent of total quarterly electricity generation.

The increase reflects the growing contribution of renewable and clean energy sources to Dubai's electricity supply.

Supporting Dubai's future growth

Electricity and water infrastructure will remain important as Dubai continues to expand its communities, businesses and industrial facilities.

DEWA's financial performance provides an indication of the demand for essential services and the investments required to support the emirate's development.

The company continues to align its operations with Dubai's long-term sustainability ambitions, including its commitment to achieving net-zero emissions by 2050.

Its latest results combine financial growth with increased clean energy generation, placing infrastructure investment and operational efficiency at the centre of its next phase of development.