VertiGlobe Q2 revenue hits $1.1B

Virtgloob achieved approximately $1.1 billion in revenue during the second quarter of 2026, representing a 92% increase compared to the same period last year. The company also recorded adjusted profit before tax, depreciation, and amortization of $371 million, up by 111%. For the first half of the year, revenues rose to around $2 billion, a 59% year-over-year increase, with adjusted profits reaching $713 million, reflecting a growth of 63%. The results underscore the company's commitment to global expansion and value creation despite shipping disruptions, with dividends expected to be no less than 551 million dirhams following the upcoming board approval.

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