Presight AI Holding PLC, the Abu Dhabi-based big data analytics and AI company, announced strong financial results for the first quarter ending March 31, 2026, reporting double-digit year-on-year growth across key financial metrics. The company’s performance was bolstered by the execution of its multi-year contracts and significant international momentum.
Quick Facts
- Revenue reached AED 689.0 million.
- International revenue jumped 62.9% YoY.
- Proforma order backlog stands at AED 4.9 billion.
International Ambitions Drive Growth
Presight reported total revenue of AED 689.0 million for Q1 2026, a 22.2% increase compared to the same period last year. A significant portion of this growth came from its international operations, which saw revenue climb by 62.9% year-on-year to AED 206.9 million. International markets now account for 30% of the Group’s total revenue, up from 22.5% in Q1 2025.
The company highlighted ongoing multi-year deployments in Jordan, Kazakhstan, and Albania as key contributors to its global footprint. International orders made up 39.1% of the total order intake during the quarter.
His Excellency Mansoor Al Mansoori, Chairman of Presight, commented, “The first quarter of 2026 marks another important step in Presight’s evolution as a global applied AI company. Our performance reflects not only strong financial execution, but also the growing global relevance of sovereign, mission-critical AI infrastructure.”
Strong Financials and a Robust Backlog
The company’s EBITDA rose 12.7% year-on-year to AED 159.0 million, while profit after tax increased by 11.5% to AED 133.8 million. Presight maintains a debt-free balance sheet with AED 2.0 billion in cash and cash equivalents.
Its energy-focused joint venture, AIQ, contributed AED 205.3 million, or 29.8% of the Group’s revenue. The company’s current proforma backlog of AED 4.9 billion provides strong forward revenue coverage, representing a 45.3% increase since the end of 2025.
Thomas Pramotedham, Chief Executive Officer of Presight, said, “Presight’s ability to deliver strong, broad-based growth in a complex operating environment speaks to the resilience built into our delivery model from the ground up.”
He added, “As we look ahead, the fundamentals of our business remain compelling. Demand is growing for secure, sovereign, mission-critical AI systems, and Presight is well-placed to meet it.”
Nurturing the Regional AI Ecosystem
Alongside its financial performance, Presight continued to expand its domestic influence, signing nine new contracts with UAE federal and state-owned entities.
The company also advanced its ecosystem-building efforts through its AI Accelerator Programme. The program’s second cohort attracted 376 applications from 62 countries, more than triple the number from its inaugural group. The first cohort led to investments in eight early-stage AI companies through the Presight Shorooq Fund I, reinforcing Presight’s strategy of integrating new capabilities into its platform.
About Presight
Presight is an ADX-listed public company with Abu Dhabi based G42 as its majority shareholder and is a leading global big data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Today, through its range of GenAI-driven products and solutions, Presight is bringing Applied AI to the private and public sector, enabling them to realise their AI strategy and ambitions faster.
Source: Zawya
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