Saif al-Hadissane was found guilty of smuggling a large amount of hashish.
He was executed in the Al-Ahsa region of eastern Saudi Arabia, the interior ministry said in a statement carried by the official Saudi Press Agency.
SPA had reported no executions during the Muslim holy month of Ramadan and the Eid al-Fitr holiday which followed it from July 17.
The latest beheading brings to 104 the number of executions in the kingdom this year, a sharp increase on the 87 recorded during the whole of 2014, according to AFP tallies.
Human Rights Watch has accused Saudi authorities of waging a "campaign of death" by executing more people in the first six months of this year than in all of last year.
Echoing the concerns of other activists, the New York-based group said it had documented "due process violations" in Saudi Arabia's legal system that make it difficult for defendants to get fair trials even in capital cases.
Under the conservative kingdom's strict Islamic sharia legal code, drug trafficking, rape, murder, armed robbery and apostasy are all punishable by death.
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