FY2026 Half Year Results Presentation
| Stock | Seek Ltd (SEK.ASX) |
|---|---|
| Release Time | 17 Feb 2026, 8:27 a.m. |
| Price Sensitive | Yes |
SEEK Ltd Reports FY2026 Half Year Results
- Accelerating growth and momentum with record interim dividend
- Proprietary data and AI driving placement share and yield growth
- Strong operating leverage with revenue growth exceeding cost growth
- Zhaopin impairment led to Reported Loss, but Adjusted Profit up 35%
SEEK Ltd reported strong financial results for the first half of FY2026, with revenue growth of 11% (ex Sidekicker), EBITDA up 19%, and Adjusted Profit up 35%. The company's strategic delivery was highlighted by growing placements, growing yield, and operating leverage. Proprietary data and AI capabilities were key drivers, enabling SEEK to increase its placement share lead in Australia to 5x the nearest competitor and achieve 17% yield growth. Revenue grew three percentage points higher than costs (ex Sidekicker), demonstrating strong operating leverage. While the results included a Zhaopin impairment leading to a Reported Loss, the underlying business performance was very strong, with the company declaring a record interim dividend of 27 cents per share, up 13% year-on-year.
SEEK did not provide any specific forward-looking guidance or outlook in the announcement.