MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the six months ended 30 June 2026.
Financial Summary
The Company achieved total revenue of QR 217.3 million, increasing 15.2% (or QR 28.6 million) year-on-year backed by the Data Centre and Managed Services segments’ performance. Data Centre revenue increased by 2.1% (or QR 1.6 million) year on year, and Managed Services increased by 55.8% (or 40.9 million) due to organic growth and the impact of the Black Arrow acquisition in December 2025.
MEEZA’s Net Profit reached QR 30.1 million in the period with Earnings Per Share (EPS) of QR 0.05, while Net Profit Margin reached 15.2%.
Notably during the period, MEEZA completed its 4 Megawatt (MW) Data Centre expansion project to service a leading global hyper-scaler, resulting in total data centre capacity of 18 MW at full occupancy. This achievement is part of the Company’s overall strategy to deliver new Data Centre capacity across its growing portfolio, including the continued development of M-VAULT 6, M-VAULT 7 and M-VAULT 8 in Qatar. The Company plans to increase its capacity to more than 60MW in a phased approach over the next three years.
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