• 1H26 in line with expectations, guidance reaffirmed
• AI strengthens competitive moat, drives productivity and automation
• Innovation and execution progressing, including CargoWise Value Packs and Container Transport Optimization

WiseTech Global reported 1H26 results in line with expectations, with total revenue of $672.0m, up 76% on 1H25, driven by the acquisition of e2open and continued growth in CargoWise. CargoWise revenue grew 12% to $372.4m, including 9% organic growth. The company's AI transformation is strengthening its competitive moat, driving a step change in customer value proposition and major internal efficiencies. WiseTech is actively embedding AI into its products and processes, which is expected to initially reduce headcount in product & development and customer service by up to 50%. The company's innovation and execution are progressing, with CargoWise Value Packs live and Container Transport Optimization in the process of implementation. The e2open integration is well progressed, with the company achieving its FY27 cost synergy target of $50m annualized run rate savings in January, nearly a year and a half earlier than planned. WiseTech sees significant long-term value creation opportunities from its AI-led operating model and continued investment in innovation.

WiseTech Global reaffirmed its FY26 guidance, excluding the impact of the restructuring plans announced today, which is not expected to be material to FY26 outcomes.

WiseTech Global is accelerating its AI transformation to drive productivity, automation, and long-term value creation. The company expects to reduce headcount in product & development and customer service, including e2open, by up to 50% in the near term, as part of its strategic focus on higher-margin recurring revenue and building a higher-performance culture.