Anghami Reports 97% Revenue Growth to $48.4M Amid OSN+ Integration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2025
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Source: Benzinga
- Revenue Surge: Anghami reported a 97% year-over-year revenue increase to $48.4 million for the six months ended June 30, primarily driven by OSN+ integration and rising subscription income, indicating strong growth potential in the MENA market.
- User Growth: The number of paid subscribers doubled to 3.54 million, with total registered users exceeding 120 million, reflecting the platform's increasing appeal and market penetration, which could further expand its user base.
- Investments and Partnerships: Despite reporting a $37.1 million loss, Anghami established new distribution partnerships with Talabat, Noon, and PlayStation, which are expected to drive future revenue growth and enhance market share.
- Future Outlook: Management anticipates continued topline growth in the second half, although integration investments will impact profitability, and plans for major content launches in early 2026, including exclusive regional productions and expanded international partnerships, demonstrate confidence in long-term growth.
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About ANGH
Anghami Inc is a United Arab Emirates based company that provides digital music entertainment technology platform in the Middle East and North Africa (MENA). The Company has catalog comprising more than 72 million songs and licensed content from Arabic labels, independent artists, and distributors, available for more than 75 million users. The Company also features music from the international labels such as Universal, Sony and Warner. The Company's services are available in English, Arabic and French. It has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
