DEWA reports record Dhs32.8bn in revenue for 2025, net profit climbs 25.6%
DEWA invested Dhs11.72bn during the year, primarily to expand renewable energy capacity, desalination plants, and transmission and distribution networks
11 February, 2026
TT
16
Dubai Electricity and Water Authority (DEWA) reported record revenue, profit and operating performance for 2025, driven by higher demand for electricity, water and cooling services, according to its preliminary and unaudited full-year results.
DEWA, Dubai’s exclusive electricity and water services provider listed on the Dubai Financial Market under the symbol DEWA, said consolidated revenue rose 6.02 per cent year-on-year to Dhs32.84bn.
Net profit after tax climbed 25.66 per cent to Dhs9.09bn, while operating profit reached Dhs10.99bn and EBITDA stood at a record Dhs17.37bn.
The utility giant said its strategy continued to deliver sustainable growth, supported by rising demand and investments in renewable energy, desalination and network infrastructure.
“For the year 2025, DEWA delivered the strongest financial and operational performance in its history, reflecting the resilience of our business model, disciplined execution of our strategy, and sustained growth in demand across Dubai,” said Saeed Mohammed Al Tayer, MD and CEO of DEWA.
In 2025, DEWA generated 62.21 terawatt hours of power, up 5.10 per cent from a year earlier.
DEWA’s clean power generation rises to 10.10 terawatt hours
Clean power generation rose 52.38 per cent to 10.10 terawatt hours, accounting for 16.23 per cent of total output. Annual peak power demand increased 5.83 per cent to 11.39 gigawatts.
Desalinated water demand grew 6.62 per cent year on year to a record 161.505 billion imperial gallons, while daily peak demand rose to 487 million imperial gallons from 455 million previously.
DEWA ended the year with 1,327,182 customer accounts, adding 56,897 accounts, an increase of 4.48 per cent.
In Q4, power generation reached 14.24 terawatt hours, with clean power output up 38.35 per cent year on year to 2.18 terawatt hours.
Quarterly desalinated water demand rose 5.14 per cent to 40.55 billion imperial gallons, while 17,823 new customer accounts were added.
DEWA invested Dhs11.72bn during the year, primarily to expand renewable energy capacity, desalination plants, and transmission and distribution networks.
Installed generation capacity rose 4.66 per cent to 17,979 megawatts by year-end, including 3,860 megawatts from clean energy sources.
By 2030, DEWA plans to exceed 23 gigawatts of installed power capacity and 735 m imperial gallons per day of desalinated water capacity.
Around 8.3 gigawatts of planned power capacity, or 36.1 per cent, will come from renewable sources, while 308 m imperial gallons per day of water production will use seawater reverse osmosis powered by renewable energy.
Under its dividend policy, the utility giant expects to pay a minimum annual dividend of Dhs6.2bn during the first five years from October 2022.
Dividends are paid semi-annually in April and October. For H1 2025, shareholders approved a dividend of Dhs3.1 bn, paid on October 29, 2025.
A dividend for H2 2025 is expected around April 2026, subject to shareholder approval at the annual general assembly.
Read: Dubai Holding sells 24% stake in Empower to DEWA for Dhs5.18bn


















