# Saudi oil giant Aramco says its net profit rose by 25.5 percent in the first quarter compared to the same period last year.

*business · news · 2026-05-10 · Al-Monitor*

## Key points

- Aramco's net income rose 25.5% in Q1 2026, reaching $32.04 billion.
- This is Aramco's first quarterly profit increase after 12 consecutive quarters of decline.
- Aramco maximized its east-west pipeline to 7 million barrels per day to bypass Hormuz disruptions.
- Facilities in Riyadh, Eastern Province, and Yanbu were targeted by Iranian attacks but have been restored.

**Companies:** Aramco, TotalEnergies, Shell
**Countries:** Saudi Arabia, Iran

[Read the full story on Al-Monitor](https://www.al-monitor.com/originals/2026/05/oil-giant-saudi-aramco-says-quarterly-profits-crude-prices-surge)

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