Net profit rose to $36.3 billion from $26.9 billion a year earlier, ABC News reports. Adjusted net profit, which leaves out the sale of a stake in Malaysian refiner PRefChem to Petronas, rose 9% to $31.2 billion, ABC says.

The adjusted figure was up from $28.6 billion a year earlier and beat the median analyst estimate of $30.66 billion, CNBC reports.

Aramco's downstream business, which turns crude oil into fuels and other products, posted adjusted earnings before interest and taxes of $10.3 billion, up 234% from a year earlier, CNBC says.

Aramco sold its oil for an average of $95.20 a barrel during the quarter, compared with $70.10 a year earlier, ABC reports. Prices surged after the Iran war began, the outlet says.

“Geopolitical uncertainty and attacks on key energy facilities continued to amplify the global energy supply crisis in the third quarter of 2026, with serious implications for global energy security,” CEO Amin Nasser said, CNBC reports.

Aramco used its East-West pipeline to the Red Sea port of Yanbu to keep up a large share of its exports despite disruption to tanker traffic through the Strait of Hormuz, ABC reports.

Free cash flow was $28.2 billion, and the board declared a base dividend of $21.9 billion, up 3.5%, CNBC says.

Aramco said its major upstream projects remain on track, CNBC reports. The company also pointed to its purchase of a 49% stake in the Saudi AI company HUMAIN, CNBC says.

What we know: Aramco's net profit rose 35%, and its adjusted profit rose 9% and beat estimates.
What we don't: How long higher oil prices will last as the Iran war goes on.