Dar Global reports 66% revenue growth in first half of 2026, portfolio GDV reaches $23 billion
Dar Global reported an un-audited 66% year-over-year increase in revenue for the first half of fiscal 2026, reaching $258 million. The company attributed this growth to strong demand across its international luxury real estate portfolio spanning Gulf states, Europe, and the UK. Key financial highlights include a gross profit rise of 85% to $87.7 million (34% margin), EBITDA up by 73% to $46.3 million, and net income increasing by 149% to $30.4 million. The company’s Gross Development Value (GDV) nearly doubled year-over-year to $23 billion, with total contracted sales reaching $3.9 billion for 4,380 units. Dar Global also announced a strong balance sheet with net assets of $613.3 million and liquidity totaling $579.3 million, including free cash flow of $231.6 million.
