Masdar posts H1 2026 profit of AED 323.8 million as ADX green-bond issuer files results

Abu Dhabi Future Energy Company PJSC (Masdar) published reviewed consolidated results for the six months ended 30 June 2026 via an ADX issuer disclosure on its listed green bond, with revenue at AED 3.43 billion.

2 October 2026

Abu Dhabi Future Energy Company PJSC (Masdar) published reviewed consolidated financial statements for the six months ended 30 June 2026 via an ADX issuer disclosure on its listed green bond (XSMASDAR0733). Half-year revenue was AED 3,425.7 million and profit for the period AED 323.8 million.

• Masdar filed reviewed H1 2026 consolidated results on ADX as an issuer disclosure for green bond XSMASDAR0733 on 2 October 2026.
• Masdar H1 2026 revenue was AED 3,425.7 million, versus AED 1,729.8 million in H1 2025.
• Masdar H1 2026 profit for the period was AED 323.8 million, versus AED 48.8 million a year earlier.
• Masdar Q2 2026 revenue was AED 1,950.4 million and profit for the period AED 60.3 million.
• Masdar cash and cash equivalents were AED 7,906.2 million at 30 June 2026.
• Masdar ownership at 30 June 2026 remained TAQA 43%, Mubadala (Mamoura) 33%, and ADNOC 24%.

What happened

Abu Dhabi Future Energy Company PJSC (Masdar) published reviewed consolidated financial statements for the six months ended 30 June 2026. The notice landed on Abu Dhabi Securities Exchange as an issuer disclosure tied to the listed Masdar green bond (display code XSMASDAR0733 — MASDAR EMTN 4.875% Jul 2033), with the ADX event clock at 11:00 Asia/Dubai on 2 October 2026.

According to the signed interim statements, revenue for the half-year was AED 3,425.7 million, compared with AED 1,729.8 million a year earlier. Gross profit was AED 1,137.1 million (H1 2025: AED 722.3 million). Profit before tax was AED 496.6 million (H1 2025: AED 56.6 million). Profit for the period was AED 323.8 million, versus AED 48.8 million in the prior-year half.

For the three months ended 30 June 2026, revenue was AED 1,950.4 million and profit for the period AED 60.3 million (Q2 2025: AED 750.2 million revenue; AED 13.1 million profit).

Cash and cash equivalents stood at AED 7,906.2 million at 30 June 2026 (30 June 2025: AED 7,027.0 million). The ADX notice points bondholders and other readers to the full PDF on Masdar’s investor site and to ir@masdar.ae.

Why it matters

Masdar is not an ADX equity listing, but its green bond is live on the exchange tape. An issuer disclosure that packages half-year results is the primary public update for holders of that instrument and a clean UAE energy-transition earnings print for the tape.

The ownership structure disclosed in the notes is unchanged versus end-2025: Abu Dhabi National Energy Company PJSC (TAQA) 43%, Mamoura Diversified Global Holding PJSC (Mubadala) 33%, and Abu Dhabi National Oil Company PJSC (ADNOC) 24%.

Who is exposed

Holders and traders of the ADX-listed Masdar green bond (XSMASDAR0733), counterparties watching Abu Dhabi’s renewables platform, and readers tracking TAQA, Mubadala, and ADNOC’s Masdar stake.

What to watch next

Any follow-on ADX issuer notices on the same bond line, Masdar IR commentary beyond the signed statements, and subsequent interim or annual filings for the year ending 31 December 2026.