The Dubai Electricity and Water Authority (DEWA) has announced a record revenue of AED25.74 billion for the first nine months of 2026, reflecting a 3% increase compared to the same period last year. This growth underscores the authority’s robust financial performance amid rising demand for utilities in the region.
In addition to the revenue milestone, DEWA reported a significant year-on-year profit after tax of AED7.63 billion, marking an 11.7% increase. The authority’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached AED13.43 billion, while operating profit stood at AED8.52 billion. Cash from operations was reported at AED14.59 billion, indicating strong operational efficiency.
Quarterly Performance Highlights
For the third quarter of 2026, DEWA’s revenue was AED10.87 billion, which represents a 5.4% increase from the previous year. The profit after tax for this quarter was AED4.3 billion, up 9.2% year-on-year. These figures reflect DEWA’s ongoing commitment to enhancing service delivery and operational excellence.
Strategic Implications
DEWA’s impressive financial results come at a time when the UAE is focusing on sustainable development and energy diversification. The authority’s performance is crucial as it aligns with the national agenda to enhance infrastructure and support economic growth. The increase in revenue and profit highlights DEWA’s ability to adapt to market demands while maintaining financial stability.
According to the Dubai Media Office, DEWA’s achievements in the first nine months of 2026 are indicative of its strategic initiatives and investments aimed at improving service delivery and operational efficiency.
As DEWA continues to expand its services and infrastructure, stakeholders will be keenly observing how these financial results influence future investments and projects within the UAE’s energy sector.
