Aramex posts record-breaking revenue for a second consecutive quarter as profits surge
Freight Forwarding continues to fuel growth, helping the logistics group achieve AED 1.98 billion in quarterly revenue while significantly improving its profitability in Q3 2026.

Aramex continued its record breaking financial performance into the third quarter of 2026 with the company reporting its highest quarterly revenue for the second quarter in a row. During Q3, the logistics group posted revenue of AED 1.98 billion, a rise of 24% from the same period in 2025, and it broke its previous record of AED 1.83 billion recorded in Q2 2026.
The company’s positive trend was also evident in its nine month results. Group revenue for the first nine months of 2026 was AED 5.41 billion, an increase of 16% year-on-year.
Freight Forwarding remained the main driver of this growth, hitting another quarterly revenue milestone following its performance in the last quarter. Sustained customer demand, disciplined pricing strategies and Aramex’s diversified multimodal capabilities continued to drive the segment’s growth. The company’s performance was also helped by its ability to develop solutions that were tailored to the needs of individual customers.
During the quarter we also concentrated on operational continuity. “Aramex continued to operate its network without any interruptions and was able to re-route and maintain customer supply chains using its existing infrastructure and flexibility. Additional transportation options included alternative land corridors between Europe and the Middle East as well as more air and sea charter capacity. The company also took pre-emptive commercial actions to relieve pressures in the concerned markets.
The growth was not only in Freight Forwarding. All four business segments delivered positive revenue performance in Q3 2026 and Domestic Express, International Express and Logistics & Supply Chain Solutions also reported year-on-year growth.
Commenting on the results, Group Chief Executive Officer Amadou Diallo said: “We have successfully translated the momentum from our record performance in Q2 into Q3, with Freight Forwarding once again leading the way in growth.
He also pointed to improved profitability due to disciplined execution, greater operational efficiency and ongoing efforts to improve the company’s financial performance.
“Aramex teams continued to focus on customer needs and service reliability during the quarter,” Diallo said. He emphasized the benefit of the group's diversified operating model and multi-modal capabilities, which offer the flexibility to respond to changing market conditions and customer expectations.
Changes in business mix do not impact profits
Aramex also experienced a marked improvement in operating profitability.
Group gross profit increased 12% year-on-year to AED 415 million in Q3 2026. We recorded Gross Profit of AED 1.15 billion for the nine months period, up by 8% compared to the corresponding period of 2025.
Gross Profit Margin was 21.0% for the third quarter compared to 23.2% in Q3 2025. Nine month margin was 21.2% compared with 22.8% for the same period last year. The year-on-year change was driven by a shift in business mix with more contribution from Freight Forwarding to overall revenue, Aramex said.
However, continued revenue growth, combined with disciplined control of operating expenses and overheads, supported a better profitability outcome.
Q3 2026 earnings before interest and tax (EBIT) rose 46% to AED 94 million and net profit jumped 817% to AED 48 million over the same quarter in 2025.
And the nine-month figures reflected the improvement. EBIT was up 65% to AED 233 million compared to the first nine months of 2025. EBIT Margin increased from 3.0% to 4.3% year-over-year.
Net Profit for the same period reached AED 112 million, up 759% from AED 13 million in the like-for-like nine months of 2025.
“The results reflect improved operating profitability year-on-year, demonstrating continued cost management and execution of Aramex’s transformation priorities.
A broader strategy focused on emerging-market opportunities
Freight Forwarding's growing contribution also reflects a wider evolution in Aramex's business strategy, as the company moves beyond a phase centred on operational optimisation towards identifying new sources of growth.
In an interview with STAT Publishing Group in Mumbai last month, Diallo explained that Aramex had nearly completed a period focused on improving processes and operational efficiency. The company's attention is now increasingly directed towards emerging business opportunities, particularly those linked to expanding infrastructure and industrial activity in developing markets.
Among the areas expected to generate additional logistics demand are data centre expansion, automotive manufacturing and food production.
However, Diallo stressed that Aramex's approach is not built around prioritising particular industrial sectors or modes of transportation. Instead, the company intends to respond to the underlying demand generated by growing economies and changing supply chain requirements.
As he explained: "It is not about the vertical or the mode of transport. It is really related to the growing demand that is coming out of emerging markets."
As trade disruptions become more likely, multimodal flexibility
From a strategic perspective, he also pointed out the importance of multimodal transportation, as geopolitical tensions continue to reshape international trade routes.
When traditional corridors are hard to reach, says Diallo, being able to adapt logistics operations and find alternative transport solutions is key. He noted that border restrictions and complexities may disrupt trade flow, but cannot stifle the underlying need for international business.
"You can make it hard to cross a border but you cannot stop trade," said he.
This philosophy is mirrored in Aramex’s operational approach, especially its efforts to ensure continuity of service through alternative land routes and additional air and sea charter capacity. The company’s third-quarter results showed how its diversified transportation network can help customers navigate disruptions and still move goods.
India growth reinforces Aramex's wider growth goals
Diallo’s conversation with STAT Publishing Group was recorded at Aramex’s Navi Mumbai office on 15 October 2026 during a visit to India by the company’s leadership team.
The visit included a series of initiatives to enhance Aramex’s footprint and operations in the Indian market.
They also signed a memorandum of understanding with GMR Airports to improve the company’s airport-side express and freight infrastructure capabilities.
The company has also opened a new center in Ahmedabad, Gujarat, expanding its operational footprint in India. The visit also coincided with celebrations marking Aramex’s 30th anniversary in the country.
The discussion with Diallo sheds more light on the group’s growth priorities, its ambitions in emerging markets and the role of multimodal logistics in addressing global trade disruptions.



