Temple & Webster Group Ltd FY26 Results and Trading Update
Key points
- Record revenue of $665m, up 11% year-over-year
- EBITDA of $21.9m, up 17% year-over-year
- Underlying EBITDA (ex-FX) of $25.9m, up 28% year-over-year
Full summary
Temple & Webster Group Ltd, Australia's leading online retailer for furniture and homewares, released its financial report for FY26, showing record revenue of $665m, up 11% from the previous year. The company reported EBITDA of $21.9m, a 17% increase, and Underlying EBITDA (ex-FX) of $25.9m, up 28%. Despite market challenges, the company saw growth in exclusive product lines and adjacencies, contributing over $100m in annual revenue. Market share increased slightly, and active customers grew by 5%. The company targets EBITDA of $33-40m for FY27, aiming for a 50-80% increase over FY26.
Guidance
FY27 EBITDA target: $33 - 40m, increase of 50 - 80% over FY26
Outlook
The company aims to achieve double-digit top-line growth and become the largest retailer in its category in Australia, with further details to be provided at the AGM and H1 FY27 results briefing.
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