Presight AI Holding, a global leader in AI and data analytics, said it had delivered strong growth in revenue and profit for the three-month and six-month periods ending June 30, 2026, despite a dynamic regional operating environment.
Announcing its Q2 results, the company said its revenue surged 36.1% to AED713.2 million ($194 million), while its profit after tax registered a 30.2% growth over last year hitting AED116.8 million ($31.7 million) and ebitda rose 37.4% to AED143.7 million ($39 million).
Revenue growth during the quarter was supported by effective backlog conversion and AED 2.5 billion of domestic renewals and new agreements, spanning mission-critical national platforms and new deployments across public safety, non-kinetic defence, mobility, customs, audit and SME enablement.
The 100% renewal rate across major national-level programmes underscored the critical role of Presight’s solutions and the strength of its long-term customer relationships, while the breadth of new use cases is a continued demonstration of its ability to extend sovereign AI capabilities across both government and enterprise environments, it stated.
For the first half, Presight said its revenue increased 28.9% year-on-year to AED1.4 billion, ebitda rose 23.2% to AED 302.7 million, while profit after tax increased 19.5% to AED250.7 million.
The AI and data analytics leader said international momentum also remained strong, with revenue increasing 19.1% year-on-year in Q2-2026 and 39.9% year-on-year in H1 2026.
International markets accounted for 26.7% of Group revenue in H1 2026, compared with 24.6% in the prior-year period.
International performance was driven by continued multi-year deployments in Kazakhstan, Albania, Jordan and Africa. Presight also advanced its “land and expand” strategy through new engagements in Kazakhstan and Montenegro, while AIQ broadened its international pipeline by advancing pilots in three new international target markets.
In parallel, Presight continued to strengthen its AI innovation and commercialisation ecosystem during the quarter, selecting 12 high-growth companies for the second cohort of the Presight AI Accelerator Programme and showcasing its AI-Native Workforce Lab at the UAE Ministry of Cabinet Affairs’ Agentic Government Retreat, where 94 representatives from 24 government entities used Presight’s sovereign AI platform to design, train and deploy 118 AI agents across 21 workflows, it added.
Presight CEO Thomas Pramotedham said: "Our strong Q2 and first-half performance demonstrates the strength and durability of Presight’s growth model amidst a dynamic operating environment. As we look ahead, we see significant opportunity to deepen our leadership in the UAE, accelerate our land-and-expand strategy internationally, and advance the next generation of agentic and sector-specific AI solutions that deliver measurable outcomes at scale."
Presight’s revenue base remained highly visible and resilient, with multi-year contracts accounting for 93.5% of Q2 revenue and backlog standing at AED4.9 billion at June 30, 2026, he stated.
The company also maintained a debt-free balance sheet, with AED2 billion in cash and cash equivalents and positive operating cash flow of AED14.3 million during the quarter, he added.-TradeArabia News Service
