Key points
- Revenue increased 4.6% to $510.7 million
- Profit after tax turned positive at $11.2 million
- Adjusted EBITDA growth and expanded operating margins
- Kogan Products revenue up 18.0% to $304.6 million
- Mighty Ape returned to positive Adjusted EBITDA in Q4
Full summary
Kogan.com Ltd delivered a year of profitable growth in FY26, with revenue increasing to $510.7 million (FY25: $488.1 million) and profit after tax improving to $11.2 million (FY25: loss of $39.5 million). The result reflects growth across Kogan.com's diversified revenue streams, improved operating leverage, and significant progress in Mighty Ape's strategic turnaround. Kogan Products revenue increased 18.0% to $304.6 million, driven by expansion across all divisions. Mighty Ape returned to positive Adjusted EBITDA in the final quarter of the year, underpinned by a streamlined cost base, improved inventory quality, and the continued expansion of high-margin platform businesses. The Group closed the year with $36.4 million in cash and no external debt, having returned $33.2 million to shareholders through share buy-backs and dividends.