News and Press Releases

MEEZA records 27% Revenue growth during first nine months of 2026

October 28, 2026

MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the nine months ended 30 September 2026.

Financial Summary

The Company achieved total revenue of QR 364.9 million, increasing 26.7% (or QAR 76.9 million) year-on-year backed by growth across all segments.  Data Centre revenue increased by 13.9% (or QAR 16.1 million) year on year, and Managed Services increased by 25.1% (or QAR 28.3 million). The top line growth is primarily attributed to M-VAULT 4’s 4 MW expansion and the impact of the Black Arrow acquisition in December 2025.

Net Profit attributable to MEEZA reached QR 49.0 million in the period with Earnings Per Share (EPS) of QR 0.08, while Net Profit Margin reached 14.6%.

Operational Results

MEEZA delivered notable operational achievements during the third quarter. The Company signed the largest contract in its history, a long-term lease with a global hyperscaler for 8 MW of capacity, valued at over QAR 1 billion. MEEZA also partnered with Qai to host its advanced GPU infrastructure. In addition, MEEZA recently launched Microsoft’s sovereign private cloud in Qatar, which enables government entities and regulated sectors to use cloud services that ensure that their data and operations remain within the country. Through these achievements, MEEZA is strengthening its position as a leading provider of AI computing services to complement its traditional data center and IT offering, giving it a broader base of customers and recurring revenues.

MEEZA will notably hold its first Capital Markets Day in November 2026, which will discuss the company’s strategy and outlook. Further information will be made available on the MEEZA website.