• Underlying operating profit up 22.0% to $129.1 million
• Statutory operating profit up 17.8% to $100.6 million
• Group revenue increased 7.7% to $1.9 billion

nib Holdings Ltd has reported its financial results for the six months ended 31 December 2025 (1H26). The Group reported an underlying operating profit (UOP) of $129.1 million, an increase of 22.0% compared to the prior corresponding period (1H25). Statutory operating profit of $100.6 million was up 17.8% on 1H25. Group revenue of $1.9 billion increased 7.7%, driven by above anticipated system policyholder growth in the Australian residents business, assisted by price increases to offset claims inflation. Group incurred claims increased 7.9% with continued support for providers and improved value for customers. Non-marketing expenses decreased 0.2% in an inflationary environment, reflecting a productivity focus across the Group with disciplined expense management. One-off transactions, M&A and integration costs increased 27.8% and includes historical adjustments for the Australian Government Rebate (AGR) and NSW Health Insurance Levy (HIL), as well as restructuring costs. Net investment income decreased 42.0% due to the high comparable in 1H25. Net profit after tax (NPAT) of $82.9 million was in line with the prior comparative period. The Board declared an interim dividend of 13.0 cents per share fully franked.

The Group reported an underlying operating profit (UOP) of $129.1 million for the six months ended 31 December 2025.