Dar Global Reports 66% Revenue Growth in HY 2026, Portfolio GDV Hits $23 Billion
Dar Global reported strong financial performance for the first half of 2026 with a 66% increase in revenue to US$258.0 million compared to the same period in 2025. This growth was driven by sustained demand across its international portfolio, particularly from landmark projects such as The Astera and Interiors by Aston Martin. The company's gross profit rose 85% year-on-year to US$87.7 million with an expanded margin of 34%, while EBITDA increased 73% to US$46.3 million, and net profit surged 149% to US$30.4 million. Dar Global's Gross Development Value (GDV) nearly doubled year-on-year to $23 billion with cumulative contracted sales reaching $3.9 billion across 4,380 units. The company also maintained a strong balance sheet and liquidity position, supported by recent financing activities including a US$250 million syndicated term loan facility in April 2026.
Tickers: $DAR
Topics: Balance Sheet Profitability Real Estate Revenue Growth