HY26 Results Presentation

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Stock Airtasker Ltd (ART.ASX)
Release Time 26 Feb 2026, 8:56 a.m.
Price Sensitive Yes
 Airtasker Reports Strong HY26 Financial Results
Key Points
  • Airtasker Australia revenue up 12.9% on pcp
  • Airtasker UK revenue up 85.1% on pcp
  • Airtasker US revenue up 380% on pcp
Full Summary

Airtasker Limited (ASX:ART) has reported strong financial results for the first half of FY26, with double-digit revenue growth across its core Australian market and accelerated growth in its international markets of the UK and US. The company's HY26 revenue grew 18.9% on the prior corresponding period (pcp) to $29.1 million, driven by a 12.9% increase in Airtasker Australia revenue to $23.1 million and 115% growth in international revenue (excluding Airtasker Australia and the Oneflare marketplace) to $2.7 million. This included 85.1% growth in Airtasker UK revenue to $2.1 million and 380% growth in Airtasker US revenue to $0.6 million. Gross marketplace volume (GMV) was up 11.3% to a record $116.4 million, with the company generating positive operating cash flow of $0.5 million and ending the period with $27.1 million in cash and term deposits. Airtasker is continuing to invest in international expansion, with the Australian market generating $7.7 million in cash after covering global head office costs to fund growth initiatives in the UK and US. The company has also secured follow-on investments from media partners Channel 4 and iHeartMedia to support its international expansion plans.

Guidance

Airtasker Australia is expected to deliver solid double-digit revenue growth in FY26, with the Australian marketplace generating increased cash flow. The UK and US markets are also expected to accelerate their growth trajectory, supported by a disciplined program of marketing investment. Airtasker has over $27 million in cash and $20.8 million in prepaid media assets available to support its growth initiatives.