Presight Reports Strong Double-Digit Revenue and Profit Growth in Q1 2026 as International AI Expansion Accelerates

Abu Dhabi | EcoPulse24

Presight, artificial intelligence, UAE, G42, sovereign AI, ADX, AI infrastructure

Presight, the Abu Dhabi-listed artificial intelligence and big-data analytics company majority owned by G42, reported strong double-digit revenue and profit growth during the first quarter of 2026, supported by expanding international deployments and rising demand for sovereign AI infrastructure solutions.

The company reported revenue of AED 689 million for the three months ended March 31, 2026, representing year-on-year growth of 22.2%.

EBITDA increased 12.7% to AED 159 million, with an EBITDA margin of 23.1%, while net profit rose 11.5% to AED 133.8 million during the quarter.

The results reinforce Presight’s positioning as one of the Gulf region’s fastest-growing applied AI infrastructure companies amid accelerating global demand for government-grade artificial intelligence systems.

Long-Term Contracts Drive Revenue Stability

Presight said approximately 95.7% of first-quarter revenue was generated from multi-year contracts, supported by continued execution of long-term agreements across Presight and AIQ operations.

Growth was additionally driven by new domestic contract wins and expanding international deployments, including multi-year projects in Jordan, Kazakhstan and Albania.

AIQ contributed AED 205.3 million in revenue during the quarter, representing 29.8% of total group revenue.

International revenue surged 62.9% year-on-year to AED 206.9 million, accounting for 30% of total group revenue compared with 22.5% during the same period last year.

International orders also represented 39.1% of total new bookings during the quarter, highlighting Presight’s continued diversification beyond the UAE market.

Strong Balance Sheet and Expanding Backlog

The company maintained a debt-free balance sheet with AED 2 billion in cash and equivalents as of March 31, 2026.

Confirmed backlog reached AED 3.1 billion by the end of the quarter, while estimated current backlog rose to AED 4.9 billion, marking a 45.3% increase compared with December 31, 2025.

Chairman Mansoor Ibrahim Al Mansoori said the results demonstrate “the growing global importance of sovereign AI infrastructure for mission-critical systems.”

CEO Thomas Pramotedham added that the company sees “significant growth opportunities driven by rising demand for secure, sovereign and mission-critical AI systems.”

Africa Expansion and AI Ecosystem Development

During the first quarter, Presight signed nine new agreements with UAE federal entities and state-owned companies while also expanding its presence across African markets through existing partnerships and regional programs.

The company’s AI startup accelerator program additionally attracted 376 applications from 62 countries for its second cohort - more than triple the number of applicants received in the first round.

Presight said its Presight-Shorooq 1 fund has already executed strategic investments across eight AI-focused startups operating in:

• sovereign AI infrastructure

• vertical AI platforms

• autonomous AI agents

• secure edge-computing systems

The company maintained its medium-term guidance for the 2025 – 2029 period, targeting:

• organic revenue CAGR of 20% to 25%

• EBITDA CAGR of 23% to 28%

• net profit CAGR of 21% to 26%

Key Presight Q1 2026 Results

EcoPulse24 Analysis

Presight’s latest results highlight how the UAE is rapidly evolving from an adopter of artificial intelligence technologies into a global exporter of sovereign AI infrastructure and mission-critical digital systems.

The significance of the numbers extends beyond simple revenue growth.

What stands out most is the quality and structure of Presight’s revenue base, which is heavily supported by long-term government-linked contracts and critical infrastructure deployments.

That creates a more stable operating profile than many traditional high-growth technology companies.

The sharp increase in international revenue additionally suggests that sovereign AI systems are becoming an increasingly strategic market globally, particularly among governments seeking greater control over sensitive digital infrastructure, cybersecurity and national data ecosystems.

Presight is increasingly positioning itself at the center of several major global technology themes, including:

• sovereign artificial intelligence

• government AI systems

• national digital infrastructure

• cybersecurity

• smart-city operations

• secure edge computing

As geopolitical competition around AI intensifies, companies such as Presight and G42 are helping position the UAE as an emerging global player in strategic AI infrastructure rather than simply a regional technology consumer.