• Statutory profit of $1,481 million, up 6% from prior year
• Total customer accounts increased by 104,000 to 4.7 million
• Progressing construction of Eraring and Mortlake batteries, securing transmission rights for 1.5 GW Yanco Delta Wind Farm

Origin Energy Limited has reported its full-year results for the financial year ended 30 June 2025. The company recorded a statutory profit of $1,481 million, up 6% from the prior year. Underlying profit rose to $1,490 million, up $307 million from $1,183 million in the prior year, primarily due to a lower income tax expense as dividends from Australia Pacific LNG switched from partially to fully franked. Origin received $797 million in fully franked dividends from Australia Pacific LNG, with a further $335 million dividend received on 3 July relating to cash generated in FY25. This compares to partially franked distributions of $1,384 million in FY24. The Board determined a fully franked final dividend of 30 cents per share, bringing the total fully franked dividends for FY25 to 60 cents per share, up from 55 cents per share in FY24. Underlying EBITDA for Energy Markets was ahead of guidance at $1,404 million, although a decrease compared to $1,655 million in FY24, due to lower electricity and natural gas gross profit. Total customer accounts increased by 104,000 to 4.7 million, driven by new electricity, gas and internet customers. Cost to serve decreased by $50 million, with Origin on track to achieve its target of $100 to $150 million reduction by FY26 compared to FY24. Underlying EBITDA for Integrated Gas was $2,202 million, $251 million higher than the prior year, due to higher Origin LNG trading gains, partially offset by lower production and commodity prices from Australia Pacific LNG. Origin's share of Octopus Energy Underlying EBITDA was a loss of $88 million in FY25, compared to a $55 million profit in FY24. The company has also made progress on key renewable energy projects, including progressing construction of its Eraring and Mortlake batteries, and securing transmission access rights for its 1.5 GW Yanco Delta Wind Farm development project.

Energy Markets Underlying EBITDA expected to be $1,400 - $1,700 million in FY26. Australia Pacific LNG FY26 production expected to be 635 - 680 PJ (APLNG 100 per cent), with unit capital expenditure and operating expenditure of $4.3-$5.0/GJ. Gains from Origin LNG Trading expected to be $100 - $150 million in FY26. Origin's share of Octopus Energy Underlying EBITDA expected to improve to $0 - $150 million.

Looking ahead, Origin Energy believes it is well-positioned to navigate the challenges and seize the emerging opportunities presented by the accelerating energy transition in Australia. The company is focused on executing its strategy at speed, consistent with its ambition to lead the energy transition through cleaner energy and customer solutions.