Key points
- ARR increased 24.1% to $313.7 million
- Revenue grew 22.0% to $266.1 million on a constant-currency and organic basis
- Adjusted EBITDA increased 96.5% to $28.1 million
- FY27: Adjusted EBITDA margin expected to expand meaningfully
- FY30: Adjusted EBITDA margin expected to reach mid-20s
Full summary
SiteMinder Ltd reported robust financial results for FY26, with annual recurring revenue (ARR) increasing by 24.1% to $313.7 million and revenue growing by 22.0% to $266.1 million on a constant-currency and organic basis. The company's adjusted EBITDA surged by 96.5% to $28.1 million, with adjusted EBITDA margin expanding to 10.6%. This performance was achieved despite heightened geopolitical and global travel uncertainty, and the adverse effects of a strengthening Australian dollar on reported revenue and profitability. The company expects its adjusted EBITDA margin to expand meaningfully in FY27 and reach the mid-20s in FY30, with ARR growth in the 20s supporting continued strong revenue growth on a constant-currency and organic basis.
Guidance
FY27: Adjusted EBITDA margin expected to expand meaningfully; FY30: Adjusted EBITDA margin expected to reach mid-20s
Outlook
SiteMinder is entering a phase focused on accelerating operating leverage while sustaining strong growth, driven by the continued momentum of the Smart Platform, efficiency gains, and operating leverage.