Iress 2025 Results Announcement
| Stock | Iress Ltd (IRE.ASX) |
|---|---|
| Release Time | 25 Feb 2026, 8:12 a.m. |
| Price Sensitive | Yes |
Iress Delivers Strong FY25 Results, Provides FY26 Guidance
- Completed simplification into focused Wealth and Trading & Market Data software business
- Delivered FY25 financial results ahead of guidance: Adjusted EBITDA of $136.2m and Underlying profit after tax (UPAT) of $73.9m
- Accelerated business efficiency program to enhance operating leverage and strengthen profitability
Iress Limited (ASX:IRE) has announced its financial results for the full year ended 31 December 2025 (FY25). The company reported Statutory NPAT of $79.3m, a 10.6% decline on FY24. However, Headline Underlying profit after tax (UPAT) increased 16.6% to $73.9m, while Continuing Business UPAT grew 34.3% to $72.8m, highlighting strong momentum in core operations. Revenue for the Continuing Business increased 6.5% to $504.3m, demonstrating ongoing demand and improved operating performance across key segments. The Group saw growth across all business lines through the year with Continuing Business Adjusted EBITDA up 14.9% to $132.6m, reflecting the benefits of a simplified structure, stronger focus and ongoing efficiency initiatives. Headline Adjusted EBITDA was 2.6% higher at $136.2m, ahead of guidance of $128-$132m. Iress has successfully simplified the Company into a focused Wealth and Trading & Market Data software business, with improved performance across all business units. The company has also accelerated its business efficiency program, which is targeting approximately $30 million in annualised cost reductions by the end of FY26, around 60% of which has already been achieved.
Iress expects FY26 revenue to be in the range of $520-$528 million, UPAT of $84-90 million with Cash EBITDA of $116-$123 million and an expected FY26 exit run-rate margin of +25%, supported by the progress already achieved in FY26.
In 2026, Iress will continue to advance its strategy of product-led execution, capital discipline and customer focus. This strategic focus is supported by continued delivery of the business efficiency program, which is targeting approximately $30 million in annualised cost reductions by the end of FY26, ~60% of which has already been achieved.