Salik Reports AED1.04 Billion Profit in 2026

Salik Reports AED1.04 Billion Profit as Dubai Toll Trips Recover

Dubai toll gate operator Salik reported net profit of AED1.04 billion for the first nine months of 2026, while its latest results showed an improvement in road usage during the third quarter.

The company recorded 194 million toll trips between July and September, an increase of 4 per cent compared with the second quarter.

The figures suggest that traffic activity across Dubai's road network continued to recover during the period.

Nine-month financial performance

Despite the strong profit figure, Salik's net profit was 8.6 per cent lower than the corresponding period last year.

Revenue for the first nine months declined by 6.9 per cent to AED2.117 billion.

The company's financial performance was affected by changes in toll revenue and higher operating expenses.

However, the third quarter showed improvement compared with the previous three-month period.

Third-quarter results improve

Revenue during the third quarter reached AED705.3 million, increasing 3.2 per cent compared with the second quarter.

Net profit stood at AED341.1 million, representing a 1.9 per cent sequential increase.

EBITDA reached AED474 million, rising 1.2 per cent compared with the previous quarter.

The company also reported that the year-on-year decline in quarterly revenue narrowed compared with the previous quarter.

Traffic activity shows signs of recovery

Salik recorded 194 million toll trips during the third quarter, up 4 per cent from the second quarter.

Peak-hour trips during the first nine months were also 2 per cent higher than the same period last year.

Toll usage fees remained the company's main revenue source, generating AED1.809 billion during the nine-month period.

The company also reported growth in fines and tag activation fees, while ancillary revenue increased significantly, supported largely by its Parkonic parking partnership.

What the company expects next

Salik has indicated a revenue growth outlook of 6 to 8 per cent for 2027.

The company's future performance will depend on traffic volumes, toll usage, operating costs and the continued development of Dubai's transport network.

Its latest results show a mixed picture: overall nine-month profit and revenue declined year on year, but quarterly performance and toll trip volumes improved.

For investors and motorists, the figures provide an update on the financial performance of one of Dubai's major transport infrastructure operators.