1H26 Results Announcement

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Stock Netwealth Group Ltd (NWL.ASX)
Release Time 18 Feb 2026, 8:19 a.m.
Price Sensitive Yes
 Netwealth Delivers Strong 1H26 Results
Key Points
  • Record funds under administration (FUA) custodial inflows of $16.4B, up 10.7%
  • Closing FUA of $125.6B, up 23.6% from prior corresponding period
  • Total Income of $193.8M, up 24.7% and EBITDA of $96.7M, up 23.9%
Full Summary

Netwealth Group Limited (ASX: NWL), a leading provider of integrated platform, technology, and data solutions, has announced its 1H26 financial results. The company delivered strong growth across all key metrics, including funds under administration (FUA), net flows, income, EBITDA margin, and net profit after tax (NPAT). FUA custodial inflows were $16.4B for the half, an increase of 10.7%, with total FUA ending the period at $125.6B, up 23.6% from the prior corresponding period. Total Income increased by 24.7% to $193.8M, while EBITDA grew by 23.9% to $96.7M, with an EBITDA margin of 49.9%. NPAT increased by 19.9% to $69.0M. The company also declared a fully franked interim dividend of 21.0 cents per share, an increase of 20% on the prior corresponding period. Netwealth continued to invest in its technology, governance, data, and product capabilities, which underpinned the platform's performance. The company also launched its new Private Wealth and individual HIN solution, and expanded its partnership with FinClear to provide individual HIN data and trading access to investors and wealth professionals. Netwealth's ongoing focus on culture and workplace has also been recognized, with the company being named one of the best workplaces in Australia.

Guidance

Netwealth expects to maintain its strong business momentum, with continued growth in funds under administration, income, and profitability for the full 2026 financial year.

Outlook

Netwealth is well-positioned to capitalize on the structural shifts in the industry, with its focus on technology, innovation, and delivering tailored solutions for its clients. The company is confident in its ability to drive further adviser efficiency and intelligence across its products and services, leveraging data, technology, and connectivity.