FY26 Half Year Financial Report and Appendix 4D

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Stock Fortescue Ltd (FMG.ASX)
Release Time 25 Feb 2026, 8:18 a.m.
Price Sensitive Yes
 Fortescue Reports Strong H1 FY26 Financial Results
Key Points
  • Revenue from ordinary activities increased 10% to US$8,439 million
  • Profit from ordinary activities after tax attributable to members increased 23% to US$1,914 million
  • Interim dividend of A$0.62 per share declared, up 24% from prior period
Full Summary

Fortescue Ltd, a leading global iron ore producer, has reported its financial results for the half year ended 31 December 2025. The company's revenue from ordinary activities increased by 10% to US$8,439 million, while profit from ordinary activities after tax attributable to members grew by 23% to US$1,914 million compared to the previous corresponding period. Fortescue's mining operations continued to perform strongly, with total shipments reaching a record 100.2 million tonnes in the first half, up 3% from the prior year. This included 95.9 million tonnes of hematite ore and 4.3 million tonnes of magnetite concentrate. The company's operational excellence and disciplined growth strategy have enabled it to deliver these robust financial results. Fortescue also announced a fully franked interim dividend of A$0.62 per share, a 24% increase from the previous corresponding period. The company remains focused on its ambitious decarbonisation targets, with its Climate Transition Plan outlining a pathway to achieving its Real Zero emissions reduction goal by 2030 without the use of offsets or carbon capture and storage. Fortescue's commitment to sustainability, safety, and community engagement continues to underpin its success as a leading global mining company.

Guidance

Fortescue expects to maintain its strong operational performance in the second half of fiscal year 2026, with full-year shipments expected to be in line with previous guidance.

Outlook

Fortescue remains well-positioned to continue delivering value to shareholders through its focus on operational excellence, disciplined growth, and its ambitious decarbonisation strategy. The company is confident in its ability to capitalize on the growing global demand for sustainable, low-cost iron ore products.