Half Year Results for Announcement to the Market

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Stock QUBE Holdings Ltd (QUB.ASX)
Release Time 20 Feb 2026, 8:25 a.m.
Price Sensitive Yes
 Qube Holdings Reports Strong H1 FY26 Results
Key Points
  • Underlying revenue up 12.9% to $2.36 billion
  • Underlying EBITA increased by 9.8% to $196.3 million
  • Underlying NPATA up 10.1% to $157.5 million
Full Summary

Qube Holdings Limited (Qube) reported strong underlying financial results for the half-year ended 31 December 2025. Underlying revenue increased by 12.9% to $2.36 billion, while underlying EBITA grew by 9.8% to $196.3 million. Underlying net profit after tax attributable to members (NPATA) rose 10.1% to $157.5 million, supporting a 30.5% increase in the interim dividend to 5.35 cents per share (fully franked). The statutory results included a pre-tax profit of $101.5 million from the sale of Qube's interest in a parcel of land at Beveridge, Victoria, as well as the reversal of an onerous contract provision related to the sale of Qube's freehold property at Minto, New South Wales. The Operating Division reported strong underlying revenue growth of 12.9% to $2.4 billion and underlying EBITA growth of 10.9% to $223.1 million, benefiting from recent acquisitions. Qube's equity accounted associates also performed well. On 16 February 2026, Qube announced that it had entered into a Scheme Implementation Deed with a consortium led by Macquarie Asset Management to acquire 100% of Qube's shares.

Guidance

Qube expects to deliver continued growth in underlying revenue, EBITA, and NPATA in the 2026 financial year, supported by recent acquisitions and the strong performance of its operating divisions and equity accounted associates.

Outlook

Qube remains focused on delivering sustainable long-term growth through its strategy of investing in and growing its integrated logistics platform, making targeted acquisitions, and leveraging its diverse customer base and geographic footprint. The proposed transaction with the Macquarie Asset Management-led consortium is expected to provide significant value for Qube shareholders.