FY26 Half Year Report

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Stock Iress Ltd (IRE.ASX)
Release Time 17 Aug 2026, 8:46 a.m.
Price Sensitive Yes
 Iress Ltd: FY26 Half Year Report
Key Points
  • Revenue declined 17% to $250.0m
  • Net profit after tax surged 85% to $32.0m
  • Cash EBITDA margin improved to 24.5%
  • Interim dividend of 14.0 cents per share declared
Full Summary

Iress Ltd's half-yearly financial report for FY26 shows a 17% decrease in revenue to $250.0 million, primarily due to the divestment of the Superannuation and QuantHouse businesses in 2025. The company's net profit after tax increased significantly by 85% to $32.0 million. Cash EBITDA margin improved to 24.5%, up from 15.2% in the previous corresponding period. Operating expenses declined by 22.8% to $181.4 million, reflecting the benefits of the Group's business efficiency program. Capex was $7.5 million, a 60% reduction from the prior corresponding period. The Group's strong balance sheet allows for reinvestment in growth and product innovation. An interim dividend of 14.0 cents per share, fully franked, was declared to be paid on 28 September 2026.